Guide on Whether Pag-IBIG Personal Cash Loan Is Open for Business Purposes or Not
PAG-IBIG PERSONAL CASH LOAN – Here is a guide on whether you can apply for the said Pag-IBIG Fund loan offer for business purposes or not.
Undeniably, one of the best ways to grow your money is by engaging in a business. However, not everyone is into it as it requires financial stability, enough knowledge on the chosen field, and courage to face whatever is the end of the business venture.
If you are in a business, there is a possibility that your money will grow in folds you never expected. On the other side, you may also fail and lose your capital. Some even end in debts after a failed business venture.
Meanwhile, if you are really prepared for a business and have thought well about it, the chance of progress is always greater than the possibility of failing. Truths be told that not everyone can engage to it due to lack of capital.
The good news is that there are several options now to obtain some cash for the capital. You may consider the Pag-IBIG Personal Cash Loan. It is open to fund a business venture.
As long as you are an active member of Pag-IBIG Fund, has at leas twenty-four (24) monthly membership savings, and has sufficient proof of income, you may apply for the said loan offer. It is open even for those who have other existing loans with the government agency.
Do you want to know how much you can borrow? The loanable amount actually depends on your monthly membership savings. To check on it, you may visit:
- Pag-IBIG Salary Loan – How Much You Can Borrow Based On Contribution
- Pag-IBIG Cash Salary Loan – How To Compute the Amount You May Borrow
If you have an existing loan with Pag-IBIG Fund, you may still apply for this loan offer provided that you have updated payments on your existing loan. The interest rate under this loan is at 10.5% per annum.
You may want a guide on how to apply and the requirements to prepare. You may visit – PAG-IBIG SALARY LOAN – How To Apply & Requirements To Prepare.
Thank you for visiting our website. We hope we have helped you with regards to this matter. You may keep coming back for more informative guides.
READ ALSO: Pag-IBIG Cash Salary Loan – 4 Things To Avoid To Make Sure You Get Approved