The situation in our country is such that the minimum wage is much higher than the minimum pension. This significantly limits the funds of retirees, which are only enough to pay utility bills, medicines and food. Meanwhile, a retiree, like any other person, can always have an urgent need for money, for example, to buy small household appliances, pay for an unplanned trip, medical examination or purchase medicines. These are moments for which you should not put off, but where to get the money? Since there is little hope for a bank loan, you can try to contact a microfinance organization. Microcredit is a relatively new service in the Philippine market, which appeared about 7 years ago, but is rapidly gaining popularity. Small amounts and terms of the loan are available even to retirees.
An online loan for a retiree card is a convenient opportunity to get money without even leaving your home. You do not need to personally visit the MFI, financial transactions can be performed remotely using the website on the Internet.
Various microfinance institutions have their own requirements for the maximum age of the borrower. To choose the best option for yourself, you need to carefully study the loan offers on the site, compare different options with each other. You should not rush at this stage - it is better to spend a few minutes or hours, but still choose the most advantageous offer, than to rush, and then overpay extra interest or hidden fees.
When applying for a loan on a card without checks around the clock, you need the following:
This list of requirements is similar in various microfinance institutions. To apply for a loan online, you do not need a certificate of income (it does not matter whether a retiree works or not), you do not need to look for guarantors and look for what to get on bail. You also do not need to confirm your positive credit history.
Here are some tips to help you increase your chances of getting a loan:
All borrowers, including retirees, can apply for a credit card in the amount of 100 to 20,000 hryvnia. Our system works seven days a week, holidays around the clock. You can apply for a loan from anywhere in the Philippines, regardless of registration.
You choose the term of the loan yourself. You can clearly see how the amount, term and interest on the loan depend in the online calculator. You choose exactly the option that you need.
An urgent loan without refusals and checks on the card for retirees is issued quickly. After all, the system needs from seven to twenty minutes to make a decision. After the application is approved, the funds will be credited to your card.
A retiree in the Philippines can repay a loan in different ways, for example, by making a money transfer:
On our website pages there are offers of many trusted microfinance institutions in the Philippines that will provide a loan online 24 hours a day. Below you can see up-to-date information on interest rates, amounts and terms of lending. We will not ask why you need money, but simply and easily we will help you.