What are the requirements to apply for a loan? Generally, these are the common requirements that are needed:
Philippine Citizens aged 18- 55 years old.
Source of income either from employment, business, or profession.
Good character and reputation.
Note that requirements and loan approval may differ from one company to another. These may include employment type, employment industry, loan purpose, and other things that are unique to a particular bank's or lending firm's requirements.
It is therefore not possible to provide one standard list of requirements that fits all borrowers and their unique circumstances.
That is why it's important for Nook's Loan Consultants to pre-qualify you first. We will guide you every step of the way and helping with the requirements to get your loan approved.