Financial services in Baguio City Philippines
Many residents of Baguio faced financial problems, but everyone solves them differently. Someone waits for a salary, someone appeals for help to relatives, and someone applies for a loan in a financial company. The last option allows you to solve almost any problem, whether it is financing everyday purchases or overhaul of the house.
Lendings companis in Bagio in map
|Number||Office address||Mode of operation||Company name|
|1||Insuler bldg, Corner Legarda Road Abanao street, Baguio, 2600 Benguet||08:30 AM – 5:00 PM|| Public Safety Savings and Loan Association, Inc. PRO-CAR
|2||C301, Lopez Building, Session Rd, Baguio, 2600 Benguet||10:00 AM – 5:00 PM|| AAL’s Micro Loans and Financial Services Incorporated
|3||3rd Floor, E.S. Clemente Building, Shanum Street corner Otek Street corner Lake Drive, Burnham Park, Baguio, Benguet||08:30 AM – 5:30 PM|| ORIX METRO Baguio Branch
|4||Barp Bldg., 108 Bokawkan, Baguio, 2600 Benguet||09:00 AM – 6:00 PM|| Asialink Finance Corporation
|5||ECCO Building, Marcos Highway, Brgy. Balsigan, Baguio, 2600 Benguet|| L5 & Sons Financing Corp.
|6||F. Calderon St, Baguio, Benguet||09:00 AM – 3:00 PM|| UCPB
|7||2nd Floor, BPI Family Bank Building, Malcom Square, Baguio City, Benguet, Baguio, Benguet|| Baguio Vendors Savings & Loan Association, Inc.
|8||Luy Wing, 316 Lower Magsaysay Ave, Baguio, 2600 Benguet||08:00 AM – 5:00 PM|| TSPI Development Corporation
|9||ES Clemente Building, Otek Street, Lake Drive, Corner Shanum St, Burnham Park, Baguio, 2600 Benguet||09:00 AM – 6:00 PM|| Welcome Finance Inc. Baguio City
|10||Ground Floor YMCA Building, Upper Session Road, Baguio City, Benguet, Baguio, Benguet||09:00 AM – 6:00 PM|| GLOBAL DOMINION FINANCING INCORPORATED
|11||GF Unit 105, 106 & 106-B Baguio Holiday Villas, 10 Legarda Rd, Baguio, 2602 Benguet||09:00 AM – 4:00 PM|| PBCOM Baguio Branch
|12||Juniper Building, Lower Bonifacio Street, Baguio, 2600 Benguet||09:00 AM – 6:00 PM||RGQC Loans Incorporated|
Is it worth to draw up a loan?
Some borrowers doubt whether to apply for a loan. If it is not a matter of buying a first need, you can wait and try to save up for the purchase yourself. But experts note that it is more profitable to take a loan:
- the borrower receives the goods (service) when he needs it;
- a loan solves many financial problems, from treating a loved one to buying a house;
- while a citizen has saved up funds, the product (service) will lose its value;
- overpayment on the loan is partially compensated by inflation, while savings on the contrary – over time depreciate.
You shouldn’t deny yourself the pleasure of buying the thing you like, paying the tourist ticket, arranging a magnificent wedding. But before you draw up a cash loan in Baguio city, you need to choose the optimal program and company that offers favorable conditions.
Which loan to choose?
There are a large number of banks and credit organizations that offer various programs in Baguio’s lending market. They are intended to meet different needs and their conditions are significantly different. Therefore, before issuance it is necessary to figure out which loans are recommended in which situation:
Personal loans are issued for any purpose. Their term is usually 1-3 years, in some cases – 5 years. The interest rate is relatively low, the overpayment depends on the term of the loan – the more it is, the more the borrower will overpay. Such a loan is issued for education, travel, treatment, wedding, purchase of equipment, home repair and other expenses.
There are two types of personal loans:
- Without collateral – issued on the basis of a standard set of documents, the amount depends on the credit history and the borrower’s income.
- Secured – issued under the pledge of real estate, equipment and other valuable things. The amount depends on the estimated value of the collateral, the interest rate is usually lower than that of unsecured loans.
Loan Baguio loan Baguio reaches 1 million pesos, the interest rate ranges from 15-50%. If you need money to buy an apartment or need a car loan Baguio city, it will be right to choose a target car loan or a real estate loan.
If you need money before your paycheck, draw up a fast cash loan in Baguio city. It is issued under the simplified scheme for a period of up to a month. Despite the fact that the amount of such loan is small, it is able to meet current money needs.
Calculate your loan now
How to get?
First of all choose lending companies in Baguio city, which offer favorable terms. On our site we have selected the best offers in Baguio, among which you will find the best.
For registration you need to fill in an application form, which specifies the parameters of the loan, the personal data of the borrower and contact information. The manager of credit organization will contact the client to clarify the information, after which the lender will make a preliminary decision. If it is positive, it is necessary to prepare a package of documents and apply to the nearest office of financial organization in Baguio to sign the contract and receive funds. In some cases, money is transferred to the borrower’s personal account.
Written by Mikka Montero | Modified date: February 13, 2020