Applying for a loan can be overwhelming, especially if it’s your first time. If you’re seeking a personal loan or something similar, understanding the process, and making informed decisions are important, so here are some essential tips to guide you! Top 5 Loan Tips 1. Know Where To Borrow When choosing who to borrow money …
5 Essential Loan Tips for First-Time Borrowers in the Philippines Read More »
Before committing to a loan, you’ll need a clear understanding of your monthly repayments. This is where a loan calculator or a manual computation can help. Knowing how much you’ll need to set aside each month helps you make informed decisions and ensures you can comfortably pay back the loan. To find out how much …
Loan Calculator: How to Compute Monthly Loan Payments Read More »
If you’re looking to buy a brand-new or pre-owned bike, a motorcycle loan can help finance your purchase. This allows you to pay in installment by borrowing money from a legitimate lender. How Does a Motorcycle Loan Work? When applying for a motorcycle loan, lenders check your credit history, income, and other financial data. Upon …
What is a Motorcycle Loan? The Benefits of Financing Your Motorcycle with a Loan Read More »
Understanding the Basics of “Credit Score”: What it is and How to Improve it Posted at 13:07h in Blog by SB Finance Your credit score is an evaluation of how well you’re able to handle your money, and pay off loans. That’s why it plays an important role in shaping your finances! When you apply for a loan to …
Understanding the Basics of “Credit Score”: What it is and How to Improve it Read More »
If you have a car or are planning to get a car in the Philippines, chances are you’re familiar with the Official Receipt (OR) and Certificate of Registration (CR). But what exactly are they for? How do they play a role in applying for secured loans like OR/CR Sangla? What’s an Official Receipt (OR)? What’s …
OR/CR Sangla: Using Your Car’s OR/CR To Fund Your Expenses Read More »
A loan or a debt is called utang in Filipino, and is one of the English keywords you should know if you’re looking to borrow money. First-time loan applicants may also encounter a series of new terms that may be intimidating, so we’re here to break down the loan language into simple words to make …
Utang and Other Loan Terms You Need to Know Before Borrowing Read More »
The 13th month pay is like a Christmas gift for Filipino workers. Here’s how you can make the best of it, and see what else you can do if your 13th month pay isn’t enough. What is 13th Month Pay? As mandated by Presidential Decree No. 851, if you’re an employee in the private sector, …
13th Month Pay and What to do If You Can’t Wait For it Read More »
Ever considered getting a PAG-IBIG loan? You’re not alone. It’s a government-backed initiative designed to make homeownership a reality for all. Their loans cater to housing, calamity relief, and personal needs. But did you know, there are more options to get the financial aid you need? Why People Consider PAG-IBIG loans The PAG-IBIG Fund is …
Cash Needs: PAG-IBIG Loan and Your Loan Alternatives Read More »
Getting money when you need it is crucial, that’s why many end up seeking help from loan sharks or informal lenders. It’s a troubling situation that many Filipinos face as these lenders often charge excessively high interest rates, and resort to aggressive tactics to reclaim their money. Sadly, as tempting as they can be with …
Alternatives to Loan Sharks: Access to Affordable Lending Read More »
Thinking about applying for a loan soon? We got you! In this article, we’re breaking down the basic loan requirements to make it easy for anyone interested in securing a loan in the near future. Exploring loan services from certified Securities and Exchange Commission (SEC) and Bangko Sentral ng Pilipinas (BSP) financing companies is one …
