Review of Borrow Up to 500K with an ACOM Loan – Here’s How


In our contemporary, high-speed society, we are surrounded by numerous financial aspirations, yet the scarcity of resources frequently hinders us from transforming these ambitions into tangible realities. Whether it’s funding your child’s education, starting a business, upgrading your home, or embarking on a dream vacation, the need for financial assistance is ubiquitous.

Fortunately, the Philippines offers a plethora of loan options to assist in achieving these aspirations, and one such option is the ACOM loan.

In this professional review, CashLoanPH aims to delve into the depths of ACOM Consumer Finance Corporation’s financial product, shedding light on its application requirements, process, and other relevant details.

What is an ACOM Loan?

ACOM Loan is a swift cash loan provided by ACOM Consumer Finance Corporation, a renowned financing company in the Philippines, boasting an initial capital of ₱500 million upon its establishment in July 2017. As a subsidiary of ACOM Co., Ltd. (Japan), a company that was incorporated in 1978 and later listed on the first section of the Tokyo Stock Exchange in 1996, ACOM has solid roots and credibility in the financial industry.

With a mission to provide accessible financial solutions to Filipinos, ACOM has expanded its presence with around 29 branches and booths strategically located across Luzon. Additionally, the company has introduced an innovative online loan facility, particularly known for its REVOMAX Loan.

What is REVOMAX?

REVOMAX is ACOM’s cutting-edge online loan product that boasts several attractive features catering to the diverse needs of borrowers. Key highlights of REVOMAX include low interest rates, an extended repayment period, and a dynamic credit limit that adapts based on the results of the borrower’s credit assessment.

For individuals seeking immediate financial support, REVOMAX offers loan amounts ranging from ₱3,500 to ₱500,000 for their initial ACOM loan. What sets REVOMAX apart is its revolving nature, which allows borrowers to access additional funds within their credit limit during the repayment period. This unique feature enables borrowers to continuously use the same loan agreement for consecutive loans, eliminating the need to initiate multiple loan applications.

Moreover, the credit limit increases over time based on the borrower’s credit evaluation and repayment history. This encourages responsible borrowing and allows borrowers to unlock higher credit limits, providing a powerful financial tool for meeting various needs and aspirations.

Is ACOM Legit?

When it comes to financial matters, security and legitimacy are paramount concerns. Prospective borrowers might wonder about the legitimacy of ACOM as a financial institution. Rest assured, ACOM is a prominent personal loan provider with a solid reputation in both the Philippines and Japan. It is duly registered with the Securities and Exchange Commission (SEC) and operates under the authority granted by the Financing Company Act of 1998.

With a commitment to transparency and compliance with industry regulations, ACOM has earned the trust of its customers, making it a reliable partner for those seeking financial assistance.

7 Reasons to Apply for an ACOM Loan

Now, let’s delve into the key features and benefits of an ACOM Loan that will help you make an informed decision:

  • Fast Approval: Time is of the essence, and ACOM recognizes the urgency of financial needs. The company ensures that your loan application receives swift approval, sometimes within a single day, contingent on your credit evaluation. This allows you to access the funds you need promptly, without unnecessary delays.
  • No Collateral or Co-maker Required: Unlike traditional loans that often demand collateral or a co-maker, ACOM loans provide an alternative solution. You only need to provide a valid government-issued ID, proof of income and employment, and your Tax Identification Number (TIN) to qualify. Repeat borrowers also enjoy a streamlined process with no additional requirements, further simplifying the loan application process.
  • Easy Monthly Repayments: ACOM understands the importance of flexibility in loan repayment. Life can be unpredictable, and the company’s approach to monthly repayments reflects that reality. Borrowers have the freedom to make payments before the due date and even exceed the required amount, enabling faster debt repayment and reducing the overall interest burden.
  • Flexible Terms: Recognizing the diverse financial situations of its customers, ACOM offers flexible repayment terms. Borrowers can opt for repayment periods ranging from six to ten months, tailoring the loan to suit their financial capabilities. This personalized approach ensures that borrowers can comfortably manage their repayments while staying on track towards financial goals.
  • Increasing Loan Coverage: ACOM rewards responsible borrowers with a strong payment history and favorable credit evaluations. As borrowers demonstrate their commitment to timely repayments, they gain access to increased credit limits. This means that borrowers have the potential to secure higher loan amounts of up to ₱500,000, providing greater financial freedom and empowerment.
  • Competitive Interest Rates: Interest rates play a crucial role in determining the affordability of a loan. ACOM understands this, and as such, offers competitive interest rates on its loans. Borrowers can expect interest rates ranging from 3.315% to 4.563%, making ACOM loans an attractive financial option compared to many other alternatives in the market.
  • Multi-purpose: One of the key advantages of an ACOM loan is its versatility. Borrowers have the freedom to utilize the loan proceeds for a wide range of purposes, including covering children’s tuition fees, financing small businesses, upgrading appliances or furniture, undertaking home renovations, funding travel expenses, and more. This multi-purpose feature allows borrowers to address various financial needs without the burden of restrictive terms.

Who Can Apply for an ACOM Loan?

Financial inclusivity is at the core of ACOM’s mission, and the company seeks to assist as many Filipinos as possible in their pursuit of financial goals. To be eligible for an ACOM Loan, applicants need to meet the following eligibility requirements:

  • Filipino citizen: The loan facility is exclusively available to Filipino citizens, ensuring that local residents can access much-needed financial support.
  • Age between 21 and 65 years: ACOM loans cater to a broad age range, accommodating both young professionals and those nearing retirement age.
  • Employed for at least three months: Stability of employment is an essential criterion for loan eligibility, providing assurance to the company that borrowers have a reliable source of income.
  • Monthly income of at least ₱7,000: The minimum income requirement ensures that borrowers can reasonably manage their loan repayments without undue financial strain.
  • Possession of a work landline and personal mobile phone number: Effective communication is vital for smooth loan processing and management. ACOM requires applicants to provide contact details, such as a work landline and personal mobile phone number, to facilitate communication throughout the loan application and repayment journey.

ACOM Loan Requirements

ACOM aims to simplify the loan application process, particularly for employed borrowers. The company only requires the submission of three essential documents when applying for an ACOM loan:

  • Valid Government-Issued ID: As part of standard identity verification, applicants must provide a valid government-issued ID. Acceptable IDs include the PhilSys ID, Unified Multi-purpose ID (UMID), passport, and other government-issued identification documents.
  • Proof of Employment: To assess the borrower’s capacity to repay the loan, ACOM requires proof of employment. This may be in the form of a Company ID or an original Certificate of Employment, which must have been issued no more than three months ago. Additionally, applicants must provide their payslip from within the last 15 days to demonstrate their regular income stream.
  • Proof of TIN: The Tax Identification Number (TIN) is a crucial identification number used for taxation purposes. ACOM requires applicants to furnish their TIN as part of the application process. The TIN can be verified through various documents, including the Company ID, payslip, recent BIR 2316 form, or the TIN Card itself.

How to Apply for an ACOM Loan

ACOM strives to offer a convenient and accessible loan application process, providing applicants with two options: applying in person at any ACOM branch or booth during business hours or applying online through the company’s user-friendly website or mobile app.

Walk-in ACOM Loan Application Process

For individuals who prefer a face-to-face interaction, ACOM has established a network of branches and booths, making it easy for applicants to visit a nearby location and initiate the loan application process. Walk-in applicants can follow these steps:

  • Visit any ACOM location: Find a convenient ACOM branch or booth from the list of locations provided by the company. The branches and booths are strategically positioned in various cities and provinces across Luzon, including Bulacan, Caloocan, Cavite, Laguna, Makati, Mandaluyong, Manila, Muntinlupa, Nueva Ecija, Pampanga, Pangasinan, Parañaque, Pasay, Pasig, Quezon City, Rizal, Tarlac, and Valenzuela.
  • Submit loan requirements: Upon visiting the chosen ACOM location, present the required loan documents to the ACOM representative. The representative will guide you through the application process and answer any questions or concerns you may have.

Online ACOM Loan Application Process

For those who prefer the convenience and efficiency of online transactions, ACOM offers a seamless online loan application process through its website or mobile app. Online applicants can follow these steps:

  • Visit the ACOM website: Access the official ACOM website, where the online loan application form is available for submission.
  • Click on “Apply Online”: Locate the “Apply Online” button and click on it to initiate the loan application process.
  • Slide the bar to select the desired loan amount: Determine the loan amount that meets your specific financial needs by sliding the bar provided on the website.
  • Tick the Privacy Policy and Terms and Conditions boxes: Prior to proceeding with the application, review and accept the Privacy Policy and Terms and Conditions to signify your agreement with ACOM’s terms.
  • Click on “Apply New”: Once you have ticked the relevant boxes, click on “Apply New” to proceed with the application.
  • Choose a sign-in method: ACOM provides several sign-in methods for applicants. You may choose to sign in using your email or other available options.
  • If selecting email, provide the necessary details, set a password, and click on “Save”: Fill in the required details, such as your email address and full name, and set a password to secure your account. Click on “Save” to proceed.
  • Choose the location code for the preferred ACOM branch: ACOM provides a list of location codes representing various ACOM branches. Select the location code that corresponds to the ACOM branch you prefer to handle your loan application.
  • Click on “OK”: Confirm your selection by clicking on “OK.”
  • Fill out the online form: Complete the online form provided by ACOM, which requires you to furnish personal and work/business information, specify the loan purpose, provide your Facebook account, and select your preferred borrowing method. The borrowing methods offered by ACOM include LBC, bank transfer, GCash, and Maya. Depending on your chosen borrowing method, additional bank details, such as the bank name, branch, account name, and account number, may be required.
  • Review and agree to the Terms and Conditions, Privacy Policy, agreement, and Letter of Authorization: As part of the application process, carefully review the Terms and Conditions, Privacy Policy, agreement, and Letter of Authorization provided by ACOM. Tick the relevant boxes to signify your acceptance.
  • Affix your digital signature and proceed: Provide your digital signature as a confirmation of your agreement with the provided terms and conditions. Click on “Next” to proceed with the application.
  • Upload images of your valid ID, proof of income and employment, and a selfie with your ID: To complete the application process, upload clear and legible images of your valid government-issued ID, proof of income and employment, and a selfie with your ID. These documents are vital for verifying your identity and employment status.
  • Click on “Finish”: Once all the required documents are uploaded, click on “Finish” to submit the loan application.

Upon successful submission, you will receive an acknowledgment of your application from ACOM, indicating that the application is being processed for evaluation. As part of its commitment to excellent customer service, ACOM strives to provide prompt responses and updates regarding the application status.

Alternatively, applicants may apply through ACOM’s mobile app, downloadable from Google Play or the App Store. The mobile app offers a user-friendly interface and functionality, making the loan application process quick and straightforward. Through the app, applicants can complete the online form, attach the required documents, and submit the application with ease.

How Long is the ACOM Loan Approval and Processing Time?

One of the key advantages of an ACOM loan is the swift processing time. Thanks to the company’s efficient evaluation and verification processes, ACOM loans can receive approval within a day and undergo processing within three to five days. The precise duration of approval and processing depends on various factors, including the credit evaluation, completeness of documentation, and ACOM’s internal verification processes.

It is essential for applicants to provide accurate and complete information, as this can expedite the loan processing and approval.

How to Check My ACOM Loan Status?

After submitting the loan application, applicants understandably wish to track the status of their loan approval. ACOM offers a convenient means of checking the loan status:

  • Wait for an SMS confirmation: Once the application has been submitted, applicants should wait for an SMS confirmation from ACOM. This message will inform you of the loan approval or rejection status.
  • Check your email: In addition to the SMS notification, ACOM may also send an email confirmation of the loan approval or rejection status. Applicants are encouraged to regularly check their email inbox, including the spam or junk folder, to ensure they receive all communications from ACOM.

The combination of SMS and email notifications ensures that applicants are promptly informed of their loan status, allowing them to plan accordingly and proceed with the next steps.

How Do I Get My Money from ACOM Loan?

Upon loan approval, ACOM offers multiple disbursement methods to cater to borrowers’ individual preferences:

  • LBC: As one of the most widely recognized courier and remittance services in the Philippines, LBC serves as a reliable disbursement channel for ACOM loans. ACOM will send borrowers a 20-digit reference number, which the borrower will need to provide when receiving the loan proceeds. To receive the funds, the borrower must present valid identification and the LBC encashment form at any LBC branch.
  • Bank Transfer: ACOM offers the convenience of direct bank transfers, providing borrowers with a secure and straightforward way to access their loan funds. Borrowers will need to provide their preferred bank account details to facilitate the bank transfer.
  • GCash: A leading mobile payment platform in the Philippines, GCash serves as a convenient and quick disbursement method. Once the loan proceeds are ready for disbursement, borrowers will receive the funds through their GCash account.
  • Maya: ACOM leverages Maya, another popular e-wallet in the Philippines, for loan disbursement. Borrowers who opt for this method will receive the loan proceeds directly to their Maya account.

Once the funds are available in the designated account or platform, borrowers can withdraw the money at their convenience and use it for their intended purposes.

Where to Pay Your ACOM Loan

Repaying an ACOM loan is a crucial aspect of responsible borrowing. ACOM understands the significance of accessible and convenient repayment channels, and as such, provides multiple options for borrowers to fulfill their loan obligations. Borrowers can make loan repayments through the following repayment channels:

  • Bayad Center: The Bayad Center serves as a reliable and widespread channel for bill payments, including ACOM loan repayments. With numerous Bayad Center locations across the Philippines, borrowers can easily settle their dues.
  • 7-Eleven (via the CLiQQ App or CLiQQ Kiosk): 7-Eleven outlets are ubiquitous in the country, providing borrowers with the option to repay their ACOM loans conveniently through the CLiQQ App or CLiQQ Kiosk.
  • GCash: GCash users can take advantage of this popular mobile payment platform to fulfill their loan obligations. With just a few taps on their mobile devices, borrowers can complete their loan repayments through GCash.
  • Maya: Another e-wallet available in the Philippines, Maya offers a seamless and user-friendly method for loan repayments. Borrowers can quickly process their repayments through the Maya platform.
  • ShopeePay: As a prominent e-wallet platform, ShopeePay also facilitates ACOM loan repayments, adding to the convenience of borrowers in settling their dues.
  • Lazada Wallet: Borrowers can utilize their Lazada Wallet to complete their loan repayments, leveraging the platform’s functionality for seamless transactions.

By providing an array of repayment channels, ACOM ensures that borrowers can easily manage their loan repayments, reducing the likelihood of late payments and penalties.

How to Pay ACOM Loan via GCash

For borrowers who prefer the convenience of GCash, ACOM offers a simple method for loan repayment through the GCash platform. Follow these steps to pay your ACOM loan via GCash:

  • Log in to your GCash account: Access your GCash account through the mobile app.
  • Tap on “Bills”: Within the GCash app, navigate to the “Bills” section.
  • Choose “Loans” and select ACOM: Under the “Bills” section, locate “Loans” and select ACOM from the list of available options.
  • Enter the amount to be paid, your 11-digit account/membership number, your registered 11-digit mobile number, and your email address: Provide the necessary information for the loan repayment, including the payment amount, your 11-digit ACOM account/membership number, your registered 11-digit mobile number with GCash, and your email address.
  • Tap “Next”: Once you have entered the required details, tap on “Next” to proceed to the next step.

Please note that a service fee of ₱15 applies for GCash transactions, and borrowers should ensure that they have sufficient funds in their GCash account to cover the transaction amount and the service fee.

How to Pay ACOM Loan in 7-Eleven

ACOM facilitates loan repayments through the CLiQQ Kiosk at 7-Eleven outlets, providing borrowers with a convenient over-the-counter payment option. Follow these steps to pay your ACOM loan in 7-Eleven:

  • Visit a 7-Eleven store: Locate a nearby 7-Eleven outlet with a CLiQQ Kiosk.
  • Tap “Bills Payment” > “Loans” > “ACOM”: At the CLiQQ Kiosk, select “Bills Payment,” then navigate to the “Loans” section and choose “ACOM.”
  • Enter your 11-digit ACOM membership number, your registered mobile number, the amount to be paid, and the receiving mobile number: Provide the required details, including your 11-digit ACOM membership number (beginning with 0001), your registered mobile number, the amount you wish to pay, and the receiving mobile number for confirmation purposes.
  • Verify the information: Carefully review the information you have entered to ensure accuracy.
  • Get your payment stub and make your payment: The CLiQQ Kiosk will generate a payment stub, which you should collect. Proceed to the 7-Eleven counter to make the payment.
  • Receive an SMS confirmation: Upon successful payment, you will receive an SMS confirmation of the transaction.

Alternatively, borrowers can also pay their ACOM loan through the CLiQQ App. To do so, follow these steps:

  • Launch the CLiQQ App: Open the CLiQQ App on your mobile device.
  • Tap on “Pay Bills”: Within the CLiQQ App, navigate to the “Pay Bills” section.
  • Tap on “Loans” and then select ACOM: Under “Pay Bills,” find “Loans” and choose ACOM from the list of available options.
  • Key in your 11-digit ACOM membership number: Enter your 11-digit ACOM membership number, starting with 0001.
  • Enter your ACOM-registered mobile number: Provide the mobile number registered with ACOM for verification.
  • Key in the amount to be paid: Specify the amount you wish to pay towards your ACOM loan.
  • Tap “Confirm”: Review the information entered and confirm the payment by tapping “Confirm.”
  • Present the barcode to the 7-Eleven cashier and make the payment: A barcode will be generated by the CLiQQ App, which you should present to the cashier at the 7-Eleven store. Complete the payment transaction at the counter.


To address common inquiries and concerns, ACOM offers a comprehensive set of Frequently Asked Questions (FAQs):

1. Are there other ACOM fees or charges I need to pay for my loan?

In addition to the loan amount, ACOM imposes a one-time processing fee of ₱1,000 and a lending fee of ₱500. However, loan applications that are not approved do not incur any charges.

2. How to check my ACOM loan balance?

ACOM provides borrowers with a simple method for checking their loan balance through the ACOM SMS service. To access this service, follow these steps:

  • For Globe subscribers, send “ACOMLOAN” to 09176261063.
  • For Smart subscribers, send “ACOMLOAN” to 09088114439.

Upon sending the message, a text menu will appear, prompting you to reply with “1.” Next, send the message “BAL [space] Membership Number [space] Mobile Number.” For instance, if your membership number is 00010543210 and your mobile number is 09127654321, you should send the message “BAL 00010543210 09127654321” to the appropriate number.

3. How to cancel my ACOM loan application?

If you wish to cancel your ACOM loan application, contact ACOM directly at the following number: (632) 5304-5200. However, once the loan proceeds have been disbursed, cancellation is not possible.

4. What happens to an unpaid ACOM loan?

Timely loan repayment is crucial to maintaining good financial standing and avoiding additional costs. For every month that an ACOM loan remains unpaid, a penalty charge of ₱500 applies. To ensure borrowers are aware of their payment obligations, ACOM sends a Statement of Account via post or email 14 days before the loan’s due date. Borrowers are advised to make prompt repayments to avoid late fees and maintain a positive credit history.

5. How do I contact ACOM for assistance or other inquiries?

ACOM is committed to providing excellent customer service and offers several channels for borrowers to get in touch:

  • Landline: (+632) 5304 5200
  • Globe mobile (calls only): 0917 713 9761
  • Smart mobile (calls only): 0919 077 6787

In addition to phone support, borrowers can also contact ACOM via email at [email protected] or through ACOM’s Facebook Messenger.


In conclusion, an ACOM Loan is a versatile and accessible financial solution that empowers Filipinos to achieve their dreams and aspirations. Whether it’s funding education, starting a business, or improving one’s home, ACOM offers an array of benefits, including fast approval, no collateral requirement, flexible repayment terms, increasing credit limits, and competitive interest rates.

Prospective borrowers can rest assured that ACOM is a legitimate and reputable financial institution, duly registered with the SEC. Meeting the eligibility requirements is straightforward, and the loan application process is streamlined and user-friendly, with the option to apply in person at an ACOM branch or online through the website or mobile app.

Upon loan approval, borrowers can choose from various disbursement methods, including LBC, bank transfer, GCash, and Maya, ensuring convenient access to the loan funds. Additionally, ACOM provides multiple repayment channels to simplify the process for borrowers, including Bayad Center, 7-Eleven (via the CLiQQ App or CLiQQ Kiosk), GCash, Maya, ShopeePay, and Lazada Wallet.

To ensure responsible borrowing, ACOM advises borrowers to prioritize timely loan repayments, as doing so opens the door to enhanced benefits, such as higher credit limits and lower interest rates.

For those seeking a reliable and accessible financial partner, an ACOM Loan proves to be a valuable choice in the Philippines’ dynamic and ever-evolving financial landscape. Whether embarking on a personal journey or realizing entrepreneurial ambitions, ACOM is ready to be your steadfast companion on the path to financial success.

Still, the world of financial options offers numerous alternatives, and borrowers are encouraged to explore a wide range of personal loan providers in the Philippines. By comparing loans and identifying the most suitable financial product, borrowers can take confident strides towards achieving their goals through the assistance of reputable providers like ACOM.

In conclusion, ACOM stands as a promising financial ally, embodying a commitment to customer welfare and financial inclusivity in the Philippines. It’s time to consider an ACOM Loan and unlock a world of opportunities. Embrace the possibilities and embark on a journey to financial empowerment with ACOM. For more financial insights and assistance, explore the diverse range of loan products available at!

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CashLoanPH Changed status to publish 04/08/2023
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