{"id":59571,"date":"2023-11-04T11:02:08","date_gmt":"2023-11-04T03:02:08","guid":{"rendered":"http:\/\/www.upgrademag.com\/web\/?p=59571"},"modified":"2023-11-04T11:02:10","modified_gmt":"2023-11-04T03:02:10","slug":"home-credit-philippines-marks-10th-anniversary","status":"publish","type":"post","link":"http:\/\/www.upgrademag.com\/web\/2023\/11\/04\/home-credit-philippines-marks-10th-anniversary\/","title":{"rendered":"Home Credit Philippines marks 10th\u00a0anniversary"},"content":{"rendered":"\n

Home Credit Philippines (HCPH), one of the Philippines\u2019 leading consumer finance companies, is celebrating\u00a0its 10th<\/sup>\u00a0anniversary of delivering\u00a0Isang Dekadang\u00a0Saya\u00a0<\/em>to the Filipinos. Launched in 2013, the country\u2019s trusted financial ally has now served over 10 million customers and\u00a0has stood as a lifestyle partner\u00a0of the Filipinos through a continuous\u00a0journey of innovation\u00a0and financial opportunities. \u00a0<\/strong><\/p>\n\n\n\n

With this commitment\u00a0to\u00a0providing\u00a0Filipinos access to\u00a0easy and trusted\u00a0financial options, HCPH\u00a0has consistently innovated its\u00a0services to\u00a0offer customers fast and convenient credit access, enabling\u00a0them to\u00a0pursue\u00a0the life they desire.\u00a0Home\u00a0Credit has also taken strides to enhance\u00a0its product and service offerings to adapt to the ever-evolving needs of consumers.\u00a0<\/p>\n\n\n\n

In celebration of its 10th<\/sup> year of being the financial ally to many, here are the five innovative ways Home Credit has given the Filipinos’ opportunities to embrace the quality of life they want.  <\/p>\n\n\n\n

Fast approval time<\/em><\/strong> <\/p>\n\n\n\n

As a lifestyle partner, Home Credit is known for its fast product installment approval process to ensure that individuals can easily realize their needs. When the company established its presence in the country in 2013, the approval process took 20 minutes, a processing time that was further reduced to just 10 minutes in 2016.  <\/p>\n\n\n\n

Today, Home Credit has reached new heights by providing a remarkably convenient one-minute approval for product loans. This fast service only requires one valid identification card and is available at over 15,000 outlets across more than 75 provinces nationwide. With this efficient service, Filipinos can achieve their desired lifestyle with less hassle and quickly.  <\/p>\n\n\n\n

One-stop destination for lifestyle products<\/em><\/strong> <\/p>\n\n\n\n

To cater to the changing consumer needs, the company continues to broaden its range of point-of-sale offerings, making sure that Filipinos have access to a comprehensive selection of products. Initially, Home Credit began with just four pilot commodities: televisions, computers and laptops, mobile phones, and home appliances.  <\/p>\n\n\n\n

The company has since expanded its offerings to encompass an array of commodities, including bikes, musical instruments, furniture, dental care, cosmetic care and optical services. It also caters to sporting goods and hardware tools, and car repair and maintenance. This establishes Home Credit as a one-stop shop for a wide range of lifestyle products, showcasing over 6,000 partner brands and retailers. <\/p>\n\n\n\n

First non-bank financial institution to issue credit cards <\/em><\/strong> <\/p>\n\n\n\n

In its effort to deliver world-class consumer finance services to Filipinos, Home Credit has achieved a significant milestone in 2019 by becoming the first standalone non-bank institution approved by the Bangko Sentral ng Pilipinas to issue credit cards in the country.  <\/p>\n\n\n\n

This achievement allows Filipinos to enjoy secure transactions, to empower their lifestyles. Home Credit Card is widely accepted by VISA-affiliated merchants across the globe. <\/p>\n\n\n\n

More innovative solutions, services to empower Filipinos\u2019 lives<\/em><\/strong> <\/p>\n\n\n\n

When the pandemic happened in 2020, Home Credit swiftly adopted new ways to better serve customers who were increasingly turning to digital means to meet their needs. This was when the company unveiled the My Home Credit App, equipped with various features designed to cater to consumers\u2019 financial needs anytime and anywhere.  <\/p>\n\n\n\n

With this app, consumers can easily apply for product and cash loans from the comforts of their homes. As it is integrated with the website shoppingmall.ph<\/a>, Filipinos can also effortlessly browse and purchase gadgets and appliances with just a few taps.  <\/p>\n\n\n\n

Additionally, the app provides access to Home Credit Qwarta, a virtual credit line, offering users additional financial flexibility. Qualified Home Credit customers can also utilize their Qwarta to purchase loads with discounts, settle bills with over 200 billers, and even make payments for items via QR codes for a hassle-free shopping experience. <\/p>\n\n\n\n

An advocate of financial literacy<\/em><\/strong> <\/p>\n\n\n\n

In addition to providing access to financial services, Home Credit is also committed to advancing financial literacy in the country. In 2016, the company initiated its Juan, Two, Three Financial Literacy Program, designed to impart fundamental financial management knowledge to diverse barangays across the nation. Building on this foundation, Home Credit introduced its Wais sa Home: Financial Literacy and Consumer Protection Program in 2022, which encompassed a multi-faceted approach to promoting financial literacy. This initiative covered different platforms, including online, on-air, and on ground. With this initiative, the company reached 20 million Filipinos nationwide. <\/p>\n\n\n\n

Indeed, Home Credit has witnessed significant growth over the years. While it continues to evolve, the company remains dedicated to empowering Filipinos financially, continuously enhancing many lives along the way. <\/p>\n","protected":false},"excerpt":{"rendered":"

HCPH\u00a0has consistently innovated its\u00a0services to\u00a0offer customers fast and convenient credit access, enabling\u00a0them to\u00a0pursue\u00a0the life they desire.\u00a0Home\u00a0Credit has also taken strides to enhance\u00a0its product and service offerings to adapt to the ever-evolving needs of consumers.\u00a0<\/p>\n","protected":false},"author":6,"featured_media":59579,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[19],"tags":[4672,96,2727,1656],"class_list":["post-59571","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-headlines","tag-home-credit-philippines","tag-technology","tag-technology-adaption","tag-technology-investment"],"_links":{"self":[{"href":"http:\/\/www.upgrademag.com\/web\/wp-json\/wp\/v2\/posts\/59571","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/www.upgrademag.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/www.upgrademag.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/www.upgrademag.com\/web\/wp-json\/wp\/v2\/users\/6"}],"replies":[{"embeddable":true,"href":"http:\/\/www.upgrademag.com\/web\/wp-json\/wp\/v2\/comments?post=59571"}],"version-history":[{"count":0,"href":"http:\/\/www.upgrademag.com\/web\/wp-json\/wp\/v2\/posts\/59571\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/www.upgrademag.com\/web\/wp-json\/wp\/v2\/media\/59579"}],"wp:attachment":[{"href":"http:\/\/www.upgrademag.com\/web\/wp-json\/wp\/v2\/media?parent=59571"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.upgrademag.com\/web\/wp-json\/wp\/v2\/categories?post=59571"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.upgrademag.com\/web\/wp-json\/wp\/v2\/tags?post=59571"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}