Excellent Era Lending Service Corp presents an exceptional personal loan product through their user-friendly Online Loan App. As a reputable financial institution with a Certificate of Authority No. 3056 and SEC Registration No. CS201913044, their aim is to cater to the general public in the Philippines, addressing the common issue of daily financial shortages faced by individuals.
By automating the traditional loan process and offering it online, Excellent Era Lending Service Corp has significantly reduced the borrowing threshold, providing users with a convenient and popular loan experience.
Loan Product Introduction
The loan product offered by Excellent Era Lending Service Corp encompasses the following key details:
- Loan Amount: The loan amounts range from ₱2,000 to ₱30,000, allowing borrowers to select an amount that suits their specific needs.
- Maximum Annual Interest Rate: The loan product offers a competitive maximum annual interest rate of 30%, ensuring borrowers have access to funds without incurring exorbitant interest charges.
- Product Term: Borrowers can choose a repayment term that ranges from 90 days to 180 days, providing flexibility in managing their finances.
- Transaction Fees: Excellent Era Lending Service Corp believes in providing transparent and fair services, which is why they do not charge any transaction fees.
To qualify for a loan from Excellent Era Lending Service Corp, borrowers must meet the following criteria:
- Age: Applicants must be at least 22 years old, ensuring they have attained a level of financial responsibility and stability.
- Nationality: Only citizens of the Philippines are eligible to apply for a loan, as Excellent Era Lending Service Corp focuses on serving the local population.
- Identification: Borrowers are required to provide a valid form of identification to verify their identity and ensure compliance with regulatory standards.
- Income: Having a stable source of income is essential to qualify for a loan, as it demonstrates the borrower’s ability to repay the loan within the agreed-upon terms.
Suppose you opt for a 90-day loan product with a credit limit of ₱6,000. In that case, your repayment plan would be as follows:
- Interest Calculation: Interest = ₱6,000 * 0.05% * 90 = ₱270
- Total Repayment: The total amount to be repaid would be the loan amount plus the interest, resulting in ₱6,000 + ₱270 = ₱6,270.
- Monthly Repayment: To ensure manageable monthly payments, the repayment amount is divided equally over the loan term. In this example, the monthly repayment would be ₱6,270 / 3 months = ₱2,090.
Steps for Use
To take advantage of Excellent Era Lending Service Corp’s Online Loan App, follow these simple steps:
- Install Support from the Google Play Store: Search for the Support app on the Google Play Store and download it to your smartphone or tablet.
- Fill in Information and Apply for a Loan: Provide the necessary personal and financial details through the app’s intuitive interface and submit your loan application.
- Application Approval and Fund Disbursement: Once your application is approved, you will receive a notification. Proceed to check your designated receiving account, which supports various platforms such as GCASH, PAYMAYA, 7-11, among others, to verify the successful receipt of funds.
- Repay According to the Repayment Plan: Follow the provided repayment plan and make timely payments to ensure a smooth loan experience. Excellent Era Lending Service Corp offers multiple convenient repayment methods to cater to diverse borrower preferences.
- Successful Repayment and Increased Credit Limit: After successfully repaying your loan, Excellent Era Lending Service Corp rewards you by increasing your credit limit. This demonstrates their commitment to fostering responsible borrowing and building long-term relationships with their customers.
Should you have any queries or require assistance, reach out to Excellent Era Lending Service Corp through the following channels:
- Customer Service Phone: Dial 09060830383 to speak with a knowledgeable customer service representative who can address your concerns.
- Email Address: Send an email to [email protected], and the support team will respond promptly to your inquiries.
- Company Address: Visit the physical location at 2806 TRADE AND FINANCIAL TOWER, LANE Q, BONIFACIO GLOCITY, TAGUIG CITY, to engage with Excellent Era Lending Service Corp’s dedicated staff directly.
Excellent Era Lending Service Corp’s Online Loan App provides a reliable and efficient solution for individuals facing financial shortages in the Philippines. With its competitive loan terms, user-friendly interface, and commitment to customer convenience, this loan product stands out as an excellent choice for those seeking quick and hassle-free access to personal loans. Contact Excellent Era Lending Service Corp today to experience their exceptional financial services and embark on a journey toward financial stability and growth.