Thursday, May 23, 2024
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home credit philippines

Home Credit secures P7-B loan from UnionBank to expand credit access in PH

Home Credit Philippines announced that it has signed a P7-billion two-year credit facility with local lender UnionBank to allow

Credit score info applications rise during pandemic

Inquiries and requests for credit score information increased significantly during the pandemic as more people apply for loans to help them cope with the crisis.

Tech-driven firms are changing PH’s financial landscape

Over a third or 36 percent of Filipino adults think that obtaining a loan from formal financial institutions is not accessible to them because of lack of documentary requirements.

Home Credit cites technology as key factor for its PH growth

Home Credit PH has achieved a three-fold growth in receivables in 2017 and says technology had a lot to do with it.

NPC calls for data privacy compliance in consumer finance sector

At the 15th Data Protection Officers Assembly (DPO15), National Privacy Commission (NPC) chair Raymund Liboro encouraged consumer finance service providers to comply with the provisions of the Data Privacy Act of 2012 as he emphasized the need to mitigate risks as the sector becomes increasingly dependent on advances in technology.
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