Bank loan can be split into two types in most countries all over the world. This can either be a collateral (secured loan) or a non collateral (unsecured loan).
With collateral loan, the use of a
fully owned property which may either be a car or real estate is
allowed. It will be appraised based from prevailing market value or
assessed value as set by government agency authorities.
On the other hand, with non-collateral loan, borrower have more options to choose from. Although to this date, very few banks would offer a standardized type of unsecured loan or personal loan, there are a few who have moved on and is currently competing with private lending companies. In Asia for example, particularly in the Philippines, not all banks offer doctors loan and seaman loan. What is common to all banks is the personal loan or salary loan offer.
Not all types of loans however have a corresponding agency or loan agent to help you with tips and familiarization with how to apply or the processing of an application. A qualified professional who knows his or her way in and out of a loan product offer should be a professional, qualified, efficient and trusted loan agent. If you are in the Philippines and you are looking for one, you can skip the hassle of trying to search online by visiting this page.
If you are from the Philippines and is looking for a private lending company in hopes that you can qualify to apply for loan, i have a suggestion. You can get approved even if you have bad credit problems with the credit bureau (cmap), by visiting the link above to get assistance from a qualified loan agent who is accredited to multiple top lending companies and banks in the Philippines.
There are basically 6 factors with which we can base this 3 year study as an accredited loan agent in the Philippines with respect to bank loan offers for both collateral and non collateral. I will be using these 5 criteria so we can standardize and simplify the comparison of a bank from a private lending company. Although banks are not usually a government financing institution, they all fall with the same category which separates them from private lenders and corporations that offer the same loans to borrowers. Below is the list.
I will be listing only the top major banks in the Philippines who offers bank loan to qualified clients / borrowers. If you need any assistance to any particular bank in applying for fast loan which is not included in this list, please don't hesitate to ask me using any of my contact numbers below.
Be reminded that each bank have their own custom loan calculator and requirements so make sure to call their hotline telephone numbers to make a phone inquiry or visit nearest branch in person.
I can only name a few common requirements for both the secured and unsecured type of bank loan. I have listed them below just for information purposes. Please take note that they are subject to change without prior notice so keep updated by reading this page here at Fast Loan or by subscribing to our latest updates using RSS or email.