Quick Answers to Home Credit Cash Loan FAQs (2024)

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Let’s dive into the nitty-gritty of your Home Credit cash loan application. Here, we’ll walk you through the process, and help you get the green light! Get approved and get your goods on installment plans!

**Q: Who are eligible for a cash loan?** Home Credit customers with good payment standing may qualify for a Cash Loan application. Here are two simple requirements before applying for a cash loan. - Applicant must be a Filipino citizen, age 18 - 68 years old. - List of valid IDs to be presented. ***TIP:** If you’re planning on purchasing a product through a cash loan, try exploring our [product loan offers](https://www.homecredit.ph/apply/product-loans) first! This may be your stepping stone in building a good credit score before applying for a cash loan.*

**Q: How will I know if I am eligible for a cash loan?** If you are an existing Home Credit customer with a good credit standing thanks to timely payments for our loans, you may be pre-approved for a cash loan. You will receive an offer via SMS, call or e-mail from official Home Credit channels once you are qualified. You may also login to Home Credit App to see our available offers for you! Find out if you are approved in less than a minute once you finish applying and completing all the necessary information through the Home Credit app.

**Q: What is the minimum / maximum cash loan amount?** The minimum amount you can loan is P3,000, while the maximum amount will depend on the personalized Cash Loan offer we’ll send you. Some customers can avail a cash loan of up to Php 150,000!

**Q: I received an SMS/Email offering me a Home Credit Cash Loan. What do I need to do next?** You can do any of the following: - Visit the My Home Credit App - Call our hotline specified in our SMS/Email/Push Notification, or - Go directly to a Home Credit partner store.

**Q: How long will it take to process my application?** Your application can be approved as fast as 1 minute. A tip? Use the My Home Credit App for convenient and easier transactions!

**Q: How will I know if my application is approved?** You will receive a confirmation message via SMS with the result of your application.

**Q: What is the shortest and longest Cash Loan term available?** Cash loan terms range from 1 month to 60 months. The available options for number of installments will depend on the exclusive offer given to you. For a detailed cash loan breakdown, try using the [Home Credit cash loan calculator](https://www.homecredit.ph/apply/cash-loans/calculator)!

**Q: Does Home Credit offer insurance with the cash loan?** Yes, you have the option to avail of the Borrower Protection Plan insurance during your cash loan application.

**Q: My cash loan application was rejected; can I re-apply?** You may re-apply once you received another Cash Loan offer from Home Credit. Keep checking your My Home Credit App to know if you have an offer.

***Who are eligible for a cash loan again?** Existing Home Credit customers with a good payment standing may qualify for a cash loan. You must be a Filipino citizen aged 18 to 68 years old, and you will be asked to present a valid ID.*

**Q: Can I apply for a cash loan with Home Credit without an offer?** No, you cannot apply for a cash loan without a Home Credit offer. The cash loan is exclusive to those who have an offer.

***TIP:** If you have a specific purchase in mind, you may check out our [product loans](https://www.homecredit.ph/apply/product-loans) for cellphones, laptops, appliances, furniture, and more!*

### Make fast and easy cash loan applications with Home Credit! Home Credit aims to help manage your finances through cash loans. Download the My Home Credit App on [Google Play store](https://play.google.com/store/apps/details?id=ph.homecredit.myhomecredit) today to know how to manage your [cash loan with Home Credit](https://www.homecredit.ph/apply/cash-loans).