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Car Loan. Metrobank Car loan is made available for Filipinos aged 21 to 65 years old and living in the permanent residence for the past five years.
The borrower must have been employed in the current company for two (2) years. You can borrow from 250, 000. 00 up to 80 of the net selling price of the vehicle. Most banks offer at least 100,000.
Credit limits range from 250 to 1500. After your line of credit is set up, you have the option to draw any amount greater than 100, in increments of 5 up to the credit limit, as long as: you make your scheduled payments; and your outstanding balance does not exceed your approved credit limit. Minimum payments are calculated based on the outstanding balance owed, plus applicable fees and interest.
As long as you continue to make on-time and complete payments, you will remain in good standing and be able to continue using your line of credit account. ©2017 Allied Cash Advance. All Rights Reserved.