Home Credit set to empower 10 million Filipinos as it gears up for its 10th year in the Philippines

Home Credit Philippines (HCPH), the country’s leading consumer finance company, kicks off its 10th anniversary celebration with the goals of providing more Filipinos access to credit and reaching 10 million customers within 2023.

As the company celebrates its decade-long service in the country this October, Home Credit continues to progressively expand its operations and provide customers with a complete ecosystem of products and service offerings suited to their individual needs and lifestyles.

In 2022, Home Credit ended the year strong with a customer base of 9.3 million. The expansion of its services to different lifestyle segments and categories played a big part in enabling Filipinos to afford a more rewarding life.

“Our goal of a financially empowered Philippines comes true every year, one customer at a time. In our 10 years of service in the country, we aim to empower 10 million customers by the end of 2023 and continue to serve more Filipinos in the years to come. More than delivering innovative and accessible financial services, we celebrate the relationships we have built with our stakeholders and customers over the past decade, and this we choose to continue above and beyond,” shares Home Credit Philippines’ Chief Executive Officer, David Minol.

Anything, anytime, anywhere

As a leading consumer finance provider, pioneering buy now, pay later (BNPL) services in the country, Home Credit has grown its local roots in the past decade and developed a much deeper understanding of the local market. The company has seen the need to expand its lifestyle offerings and finance solutions to better support the ever-evolving needs and demand of Filipinos in this new generation.

Over the years, Home Credit has expanded to a robust 15,000 partner stores across 75 provinces in the country and has aggressively grown its online presence through the My Home Credit App. The company has also forged partnerships with the country’s biggest brands and retailers, building a wide selection of 300+ lifestyle commodities ranging from gadgets and smartphones, appliances and furniture, to bicycles and motorcycle accessories, sports equipment, and many more.

From once to always

Since entering the country in 2013, Home Credit has empowered millions of Filipinos to access more financial solutions through its expanded range of product options.

Aside from product loans, the company also offers existing customers with good payment histories the opportunity to avail themselves of Cash Loan, which helps them to be more financially capable. To date, Home Credit has disbursed over 1.8 million Cash Loans to its customers, in which 90% of the contracts were signed digitally and 20% of the applications were processed through the My Home Credit App.

Home Credit boasts of having the fastest cash loan approval and disbursement in 1 minute – the best in the market. Customers can enjoy the flexibility of the Cash Loan offers ranging from Php 3,000 to Php 150,000 and repayment terms from six to 48 months.

Nurturing relationships, building protection

Home Credit believes that availing of its financing products is not the end of the customers’ journey but only the start of it. The company wants to further build meaningful relationships with its customers and be their ally in advocating proactive measures to keep themselves and their families safe and protected.

With this, Home Credit also offers solutions to give the best protection to its customers. They have the option to purchase a range of protection packages: Device Protection which can be upgraded with an extended warranty for accidental damage protection; Extra Care for flexibility in managing payments; Home Content to protect and cover home belongings from any unfortunate incidents; and an innovative Personal Payment Protection that offers unlimited telemedicine service, death and accident coverage, and medical reimbursement.

Serving customers, valuing communities

As the lifestyle partner of every Filipino, Home Credit remains steadfast in its mission of empowering Filipinos, Para sa Life. The company has focused on advocating financial literacy, which aligns with Home Credit’s thrust of championing environmental, social and governance (ESG).

Last year, Home Credit’s flagship financial literacy program Wais sa Home reached more than 20 million Filipinos across the country and has driven onsite financial literacy programs in various provinces, particularly in the communities of Pampanga, Iloilo, Guimaras, Capiz, Antique, and Aklan.

The company also commits to a greener earth with 30 million sheets of paper saved in overall transactions, an equivalent of 2,000 trees conserved due to its digitalization initiative. Aside from that, Home Credit also promotes equity by providing more substantial purchasing power for women who comprise 52% of its customer base.

Home Credit, as the market leader in the consumer finance sector, not only finds strength in numbers but in the strong connections it has made among stakeholders and consumers alike. In its 10th year in the Philippines, the company seeks to become a standard in the consumer finance industry with its commitment to innovation, customer satisfaction, and financial inclusion.

Home Credit Philippines is a financing company duly licensed and supervised by the Securities and Exchange Commission (SEC) and by the Bangko Sentral ng Pilipinas (BSP).  To know more about the latest updates from the company, visit its official website www.homecredit.ph. You may also follow its official Facebook, Instagram, and TikTok accounts. Customers are also encouraged to download the My Home Credit App on Google Play to learn more about the latest promos and see what’s new in the Marketplace.

Check out what’s in Moira’s shopping list this Christmas!

Gift your loved ones with these items you can get at 0% interest through Home Credit

Finding the perfect holiday gifts for loved ones can be challenging for some people. Well, gift giving doesn’t come with no pressure since we only want to give our loves ones what’s best for them.

If you’re still looking for the ideal presents or rather need some inspiration, Filipina singer-songwriter Moira dela Torre shares her holiday gift ideas that are perfect for all ages and for every special person in your life! 

Making it a merrier Christmas season, Home Credit recently launched The Great 0% Interest Festival, so every shopper can check out items from almost 10,000 partner stores nationwide. Customers can choose from more than 50,000 products available through Home Credit that they get at 0% interest until January 31, 2023.

Home Credit gears to become the ‘lifestyle partner’ of Filipinos, expands services to different sectors

The brand deepens its commitment to Filipinos and presents itself as their trusted ally “Para sa Life”

To bring Filipinos closer to the life they want, the country’s leading consumer finance company Home Credit Philippines (HCPH), continues to expand its offerings by innovating its products and partnering with more brands and retailers across key categories, such as healthcare, fashion, beauty, and fitness.

As the lifestyle partner of Filipinos, Home Credit has served almost 9 million Filipinos nationwide -- serving as an ally of Filipino consumers -- from achieving every little item in their life’s checklist to the more important investments for their desired future.

Home Credit has been pioneering financial inclusion in the Philippines since 2013. It further strengthens this cause by being at the forefront of advocating financial literacy and practicing responsible lending in the country.

Home Credit empowers bike community in Iloilo, commits to support cycling communities in the PH

#BikeKaNaman with Home Credit. Through its bike merchant partners and consumer financing solutions, Home Credit has provided accessible and affordable means for more Filipinos to afford bicycles.

Home Credit Philippines (HCPH), the lifestyle partner of every Filipino, continues to expand its consumer finance services by offering different commodities that address the changing needs of Filipinos— with biking as one of its lifestyle priorities.

Last July, Home Credit was among the partners of the Iloilo Bike Festival, the biggest gathering of bike hobbyists and enthusiasts in Iloilo City, organized by the Iloilo Festival Foundations Inc., and the Iloilo City Government with different stakeholders.  

Home Credit gears to become the ‘lifestyle partner’ of Filipinos, expands services to different sectors

The brand deepens its commitment to Filipinos and presents itself as their trusted ally “Para sa Life”

To bring Filipinos closer to the life they want, the country’s leading consumer finance company Home Credit Philippines (HCPH), continues to expand its offerings by innovating its products and partnering with more brands and retailers across key categories, such as healthcare, fashion, beauty, and fitness.

As the lifestyle partner of Filipinos, Home Credit has served almost 9 million Filipinos nationwide -- serving as an ally of Filipino consumers -- from achieving every little item in their life’s checklist to the more important investments for their desired future.

Home Credit has been pioneering financial inclusion in the Philippines since 2013. It further strengthens this cause by being at the forefront of advocating financial literacy and practicing responsible lending in the country.

Home Credit announces Moira dela Torre as the official ambassador for Para sa Life campaign

Home Credit ambassador Moira dela Torre believes Home Credit can help elevate Filipinos’ lives

Home Credit Philippines (HCPH), the country’s leading consumer finance company, introduced singer-songwriter Moira dela Torre as the brand’s ambassador for its “Para sa Life” campaign that aims to share a message of hope for a better life for Filipinos.

Moira, the most-streamed Filipina artist for bigness, performed the theme song “Para Sa Life” of Home Credit campaign video. 

Home Credit Philippines bags Gold Stevie® at the 2022 Asia-Pacific Stevie Awards

The leading consumer finance company wins Innovative Use of Technology in Human Resources Category

The country's leading consumer finance company Home Credit Philippines was named Gold Stevie® awardee in the ninth annual Asia-Pacific Stevie Awards for the Innovative Use of Technology in Human Resources category. The award recognizes technology-driven human resource initiatives of Home Credit Philippines as "a way to connect, engage and transform people as they use technology to adapt to the future of human resource in the Philippines."

Since the start of the pandemic in 2020, Home Credit Philippines has been focusing on creating initiatives driven by technology to connect and engage with its employees all over the country and help streamline the company's overall processes. 

Big discounts for Home Credit customers with SM Appliance Center’s 30th Anniversary Sale

Get your shopping carts and lists ready because SM Appliance Center, in celebration of their 30th anniversary, is teaming up with the country’s leading provider of in-store financing and digital service provider Home Credit to bring the biggest and grandest sale for its shoppers. 

Make your dream home upgrade come true with discounts of up to 40% on electronic device and home appliance must-haves like TV, Refrigerator, Washing Machine, Aircon, and so much more from leading brands such as Samsung, Sony, Whirpool, and Panasonic, among others when you avail via a Home Credit loan. 

Home Credit Pay continues to grow amid rise in digital payments

After spending over a year staying in the safety of our own homes, most Filipinos have already adapted to the drastic changes brought about by the pandemic. The use of technology in almost every aspect of our lives has become the norm, especially when it comes to shopping for necessities and making financial transactions. 

For Home Credit Philippines, the country's leading consumer finance company with nationwide store presence and rapidly growing mobile presence, this digital shift did not come as a surprise, as the present situation calls for consumers to find safer and more convenient ways to meet their financial needs. In fact, its digital payment efforts under Home Credit Pay has shown promising growth ever since its launch almost a year ago.

Get a chance to win up to Php 1 million in Home Credit’s Loan in a Million Raffle Promo

For the first time ever, Home Credit Philippines—the country's leading consumer finance company with nationwide store presence and rapidly growing mobile presence—will be giving away a grand cash prize of Php 1 million to one (1) lucky Home Credit customer and a cash prize of Php 50,000 each to eight (8) other winners. 

This promo is open to all Home Credit customers who have signed a new loan contract between May 1, 2021 to June 30, 2021.

To qualify for the promo, customers must sign a Home Credit loan or cash loan or apply for a loan via Marketplace (which can be availed via the My Home Credit App) or simply avail a discount from our SMILE partners nationwide.

For more chances of winning, customers can earn one (1) additional raffle entry for every fulfilled transaction of the following:

Home Credit launches credit card with QR payment feature in the Philippines

As the country transitions to the new normal and the demand for safer, contactless payment options continue to rise, Home Credit—the first non-bank institution in the country to issue a credit card to its customers—is introducing another first:  the Philippines’ first credit card that allows consumers to make cardless payments through the use of quick response or QR codes. 

With this new feature, Home Credit Card cardholders no longer need to make physical contact and bring their cards or wallets when paying for their purchases. By updating the My Home Credit App to its latest version, cardholders will be able to scan QR codes to pay for their purchases in any AUB PayMate partner stores nationwide—providing a safer, more convenient, and secure payment option for those who prefer contactless transactions. 

For Home Credit, being good at budgeting is as easy as Juan, Two, Three

Imagine a world where everyone is empowered to handle their finances. Here, people from different walks of life know how to make informed financial choices, whether it be on budgeting, saving, or borrowing. Even complex financial concepts such as “compound interest” are understood by many.  

This world was the exact vision brought by Prague-based consumer finance company Home Credit when it first started its operations in the Philippines five years ago. Though this may seem far-fetched, given the latest figures from the Bangko Sentral ng Pilipinas (BSP) for 2017 stating that 77 percent of Filipino adults remain unbanked and 52 percent are unable to allocate money for savings, Home Credit Philippines (HCPH) made it its mission to bridge the gap in making more Filipinos included in the financial system. The company provides in-store loans to customers with minimal requirements, requiring only two (2) valid IDs, and offers other financial products such as cash loans and credit cards. 

4 DIY Home Repairs Every Homeowner Should Master

Buy all the hardware tools you need with Home Credit’s hardware installment plans.

Managing a home can be challenging. Whether you’re someone trying to live solo for the first time or an experienced homemaker moving into a new abode, you have to prepare yourself for some amount of trouble-shooting at your home—loose pipes, a wall that needs to be repainted, a table with a loose foot, the likes. While it’s easier to hire or ask someone to help you out, this isn’t always convenient for your wallet and on situations when you need to have something fixed ASAP.

Home Credit Philippines Celebrates With Their 3 Millionth Customer

L-R: HCPH Sales Associate Mayeth Valencia,
HCPH CEO Annica Witschard, 3 millionth customer
 Virginia Dela Torre and husband Almer,
HCPH Chief Marketing and Product Officer
Franchette Chingcuanco-Cardona

Even just a few years in the Philippines, Home Credit has established a lot of milestones and provided millions of loans to Filipinos, yes as in millions. And recently, they just hit the 3 Million mark and surprised the customer on-site with treats and prizes.

Home Credit has been known to many Filipinos as a loan partner that helps them in obtaining appliances and gadgets with a minimal down payment and flexible loan terms which are very affordable and convenient to pay. I got my phone via Home Credit when I needed a good phone camera for work.

Now they are celebrating another milestone this year as they hit the 3 Million mark.  They made their first million customer back in May 2017, and it was not long when they hit two million and just this July is where they hit 3 and they wanted to make it memorable.