Basic Qualification Requirements:
- Must be Filipino Citizen
- Between the age of 21 to 59 years old upon loan maturity. 60 years old and above must possess Special Power of Attorney
- Must be scheduled for deployment abroad
- With legitimate contact numbers
- Documented source of income
- With available co-borrower (must be immediate family member)
Documentary Requirements to be submitted:
- Completely filled up application form
- POEA validated latest contract
- Overseas Employment Certificate
- Valid Passport
- E-Ticket
- Visa
- 2 valid primary IDs (government issued ID's)
- Water or electric bill - (doesn't have to be under borrower's name but must have same address as 2 valid primary IDs
- (if Balik Manggagawa) provide all BM docs
- Must be immediate family member (husband, wife, parent)
- Latest original electric or water bill if not living under the same house with OFW applicant
- 2 valid primary I.D.'s
Maximum Loan Amount: As much as 200% of basic salary specified on your contract
Loan Term: 3 months to 12 months
Percent Interest: 5% monthly interest
Loan Processing Time: 5 to 7 days
Mode of Payment: PDC (Post Dated Checque). Once your loan gets approved, their company will give you referral to one of their accredited banks so you can easily apply for a checking account.
If you are interested in the OFW Cash Loan they offer, you can CALL NOW!!! Their mobile numbers are 0915-592-9654 for GLOBE subscribers and 0949-857-2250 for SMART. You may also email them or send your requirements via email to maricarlapuz@gmail.com.
