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Sep 28, 2017 - 34 minute read

Unsecrued personal loan

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Unsecrued personal loan

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Unsecrued personal loan

Reply To: OFW Loan No Co Maker. Hi Maricar, here are three leading banks that offer multi-purpose personal loans to OFWs with no co-maker, no collateral, and low interest rates: Banco De Oro (BDO) Asenso Kabayan Program.

The Personal Loan for OFW is offered against hold-out unsecrued personal loan Joint or Individual account deposits maintained with BDO as security. The following are the type of deposits allowed for this program: Peso or Dollar Savings Account Peso or Dollar Time Deposit at least co-terminous with the loan cash loan agreement form The minimum deposit requirement is P15,000 or its dollar equivalent.

Though, the loan proceeds will be in Pesos. Applicant should be the OFW only. However, if the deposit collateral is a joint account, beneficiary may apply as a principal borrower of the loan The following cannot be allowed to be held as collateral In Trust For accounts Unsecrued personal loan with existingongoing hold-out arrangements.

Unsecrued personal loan
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