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  1. Notmyrealname

    Notmyrealname DI Forum Luminary Highly Rated Poster Showcase Reviewer

    10 mei 2024 #5
    Not the same situation but I found it very odd that in the UK I was told by a verification company Estate Agents use that I could not rent a residential property as I was retired (or "You have no job" as they put it.). Don't remember why my pensions were not taken into account. I explained I had enough cash in the bank to pay the rent for perhaps 70 years but they replied that I could get the rental and then spend all the money the next day - to which to I pointed out I could have a job today and lose it tomorrow. The Landlord stepped in and accepted me.
     
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  2. Crystalhead

    Crystalhead ADMIN Admin ★ Forum Moderator ★ ★ Global Mod ★ ★ Moderator ★ ★★ Forum Sponsor ★★ ★ No Ads ★ Highly Rated Poster Showcase Reviewer Veteran Army

    3 mei 2024 #2
    There are a few common requirements that many personal loan providers look for, such as: Age requirement: 21 to 64 years old
    • Should be a Filipino citizen or local resident foreigner with an existing Philippine billing address
    • A minimum gross annual income
    • Should be employed or owner of a profitable business (self-employed individuals)
    • Should have a mobile number, landline number, and/or email address
    • Now, aside from the usual requirements, it’s also worth checking if you’re eligible for a pre-approved loan. A pre-approved loan is offered to individuals who meet certain financial criteria. But take note that while this streamlines the application process, a pre-approved loan is not a guarantee that you will be granted the amount or terms you’re looking for.
    • As a foreigner you'll have to provide a little extra documentation to back up your loan application, including your ACR certificate, and your visa. However, aside from this, the requirements are fairly straightforward and similar to the process used for local applicants.
    • Fastest possible loan https://www.unionbankph.com/personal-loan#:~:text=A UnionBank Personal Loan application,as fast as 24 hours.
    • Other Banks readily dealing with Foreigners, meeting requirements are BPI, Metrobank,,,,, other potentials are Maybank, Metrobank, HSBC, and RCBC.
    • A lender, dealer, or broker cannot discriminate on the basis of national origin. They are allowed to ask about your permanent residency and immigration status. This applies to most types of loans – mortgages, student loans, auto loans, and credit cards, among others.
    In my personnel opinion which I do know you are not asking for!!!!! Borrow from your Country of Origin what ever way you find possible. To default on a loan here as a Foreigner, you and your loved ones even long after you have passed potentially would never be able to exit. Creditors & repossession procedures also can move very quickly if a Foreigner defaults.
     
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