Lending Companies in Ormoc

How to choose the best lending company in the Ormoc region? People apply for a loan for different reasons. Some need help with educational purposes. Others want to cover medical bills. You may need extra money for a wide range of reasons. And the number of loans adjusts to the basic needs of borrowers.

Company	Loan Amount (PHP)	Interest Rate	Loan Term
Digido	1,000 – 25,000	From 0% to 11.9%	Up to 30 days
MoneyCat	500 – 20,000	Up to 11.9% per month	Up to 180 days
Kviku	500 – 25,000	1.2% per month	Up to 180 days
Cashspace	1000 – 25,000	1.3% per month	2 – 4 months

Trusted Financial Services for Ormoc Citizens

The lending companies and financial services industry is developing fast, leaving much room for competition. Hence, finding the best services to borrow money from is hard. They have to be reputable, show high quality, and positive feedback from the users. In our guide, we have gathered information about top-notch services for potential borrowers.

Loan Type	Required Documents
Personal Loan	1. Valid ID 2. Proof of income 3. Proof of residence
Home Loan	1. Valid ID 2. Bank statements 3. Proof of income 4. Proof of residence 5. Property documents
Car Loan	1. Valid ID 2. Proof of income 3. Proof of residence 4. Proof of residence 5. Property documents
Business Loan	1. Valid ID 2. Business registration documents 3. Bank statements (6-12 months) 4. Proof of income 5. Business plan and projections

City Savings Bank

How to find the best lending service with immaculate attention to the client, effective terms, and affordable prices? You should consider City Savings Bank, for it is one of the most reputable financial situations in the Ormoc region. Let’s learn more about the loan products the bank offers.

• Home loans. It’s a common request from borrowers to apply for home loans. There are various types of credits. You can request financial help for a complete home repair or minor cosmetic changes.
• Personal loans. If you need money for your personal needs, getting a personal loan is possible. The loan starts at PHP 20,000 and can reach up to 1,000,000. If you calculate the interest rates, fees, and additional costs correctly, the loan could be easily adjustable to your budget.
• Credit cards. The third major part of the City Savings Bank’s services is its credit cards. The payment options offer many features for extra use. If you have experience applying for a credit card, you must know the struggle to fit the criteria. However, it’s not a challenging process with the City Savings Bank.

The bank has many physical branches in the Philippines. If you want to reach out to the support team and ask your questions, you should address G/F, OCCCI Building, Real Street, Ormoc City, or call (053) 561-4838. It will leverage a more personalized approach to your issues.

First Consolidated Bank

There are many banking institutions in the region of Ormoc. If you want a wider range of services and a more advanced approach to loans, you can use help from the First Consolidated Bank. This banking facility offers a handful of loans and other related features. Let’s take a look at some of them to help you have a better picture of what the bank can offer.

• Family loans. These are common types of credits for families. If you need to finance your education, pay for the trip, or cover urgent medical bills, requesting a family loan is your choice.
• Business loans. If you have established your company but face certain complications, requesting help from the First Consolidated Bank may be a good idea. You can finance new projects, close deals, or save your business by hiring better talents.
• Personal loans. Personal loans have affordable interest rates and flexible terms for borrowers.

Make sure to check the physical address on the 1175 Rizal Avenue Extension, Olongapo, 2200 Zambales if you need help. It’s also relatively easy to call (053) 255-7602 for a faster connection.

Bank of the Philippines Islands (BPI)

You should know something about the BPI if you have done some research already. Bank in the Philippines is a popular facility offering top-quality services to its clients. If you decide to borrow money from this establishment, you will benefit from affordable prices, flexibility, and a wide range of services.

The company offers help with Personal and Business loans. There are also convenient ways to order credit cards. The main office is located on Real Street, Ormoc City. If you need to call the support team to clear existing issues, their number is (053) 561-9390.

Top OFW Lending Companies in the City of Ormoc

Overseas Filipino workers are a separate group of people that may find it problematic to order loan services from regular bank institutions. However, there’s good news. You can get financial assistance from the specific branches targeted at OFW. The list of such banks is revealed below.

Producers Savings Bank Corporation

It’s a regular bank but also offers overseas Filipino workers services. You can get yourself a home equity loan to renovate the house. There are huge opportunities for those planning to buy a car or any other type of vehicle using an auto loan.

• Contact information: 17th Floor, AIC Burgundy Empire Tower, ADB Ave., corner Sapphire St.
• Loans and Services: Auto Loans, Home Loans, Personal and Business Loans, Salary Loans, credit cards and more.
• Required documents: proof of income or employment, proof of residence, valid identification documents.
• The company is registered with SEC

These could be short or long-term loans. You can also order credit cards or use other services from reputable lending companies.

Radiowealth Finance Company

Your application to the Radiowealth Finance Company can also be successful. The institution has a diverse range of services. You can expect your OFW request to be treated with the utmost importance.

• Contact information: 180 P. Gomez St., Brgy. 28, Tacloban City, Leyte, Lopez Jaena St, Ormoc
• Contact number: +63 53 561 0342
• Loans and Services: Loans for medical expenses, education, travel, and home improvements.
• Required documents: proof of income or employment, proof of residence, valid identification documents.
• The company is registered with SEC

They provide personal loans for various purposes. For businesses, Radiowealth Finance Company offers business loans to support growth and development, along with auto loans for purchasing vehicles.

Golden Heritage Financing Corporation

Golden Heritage Financing Corporation can also be a great alternative. With a versatile system of services, it can be applicable to regular clients, as well as specific groups of borrowers.

• Contact number: +63 289111262
• Loans and Services: Loans for medical expenses, education, travel, and home improvements.
• Required documents: Auto Loans, Home Loans, Personal and Business Loans, Salary Loans, credit cards and more.
• The company is authorised with SEC

It can be a critical issue for overseas Filipino workers to apply for loans unless there are banks with flexible requirements for low income.

Lending Companies in the City of Ormoc With Low Interest

How to find the best lending company with manageable interest rates and great repayment terms? Low interest lending companies are present on the market, but borrowers tend to barely find them. It requires some research and in-depth analysis of the companies to find services with low interest.

Cebuana Lhuillier Pawnshop

Why do you need to choose Cebuana Lhuillier Pawnshop? First of all, you save your money. You can save money and pay less over the repayment period with lower interest. Hence, it will lead to smaller payments. It’s affordable to apply for a low interest loan. The overall payments will be smaller leading to more affordable tariffs.

M Lhuillier Financial Services

With a low interest loan, you can establish your financial stability. Low interest allows for smaller payments. These and many other benefits make people seek low interest loans. And the good news is that you can find these types of loans at M Lhuillier Financial Services in the Ormoc region.

City Savings Bank

To apply for a loan with City Savings Bank in the Philippines, research their loan options, gather required documents (such as identification, proof of income, and proof of residence). Visit a branch or apply online, consult with a loan officer, complete the application form accurately, submit required documents, wait for loan approval, and follow instructions for loan disbursement.

FAQ on Lending Companies in the City of Ormoc

• Is private lending legal in Ormoc?

Private lending is a complex issue, and the government manages the activity related to individual lending requirements. In general, the activity is allowed unless there are certain violations. However, if individuals or businesses work according to the rules, the activity should face no restrictions.

• How can I get a loan from a lender in Ormoc?

It’s easy to apply for a loan. You should first find the best lending services. Our guide offers a list of the most reliable services. The second step is to figure out which loan type will work best for you. Once you’re done with these steps, you can move forward to the application procedure.

• Can you get a loan for 3 months in Ormoc?

Yes, it’s possible to get a loan for 3 months. It’s one of the most common terms for the borrowers. If you have a small amount of money borrowed from the lending company in Ormoc, 3 months should be an ideal time for the repayment terms.

• What is the largest financing company in Ormoc?

You can find many big companies that manage financial activity. In our guide, there are details about the companies of different sizes. You can look through it and find the most suitable lending partner for your loan deals.