Saturday, June 15, 2013

OR CR Loan - Car Collateral Loan Without Taking Your Car

Car Loan in the Philippines - OR CR Collateral Only
So what characterizes a car loan without taking your car. First, its for convenience. Convenience because you can still get to use your auto whether for personal or business purposes so you can still move on with where you get your earnings to be able to pay for the loan proceeds.

Monday, June 3, 2013

Educational Loan in the Philippines

Educational loan in the Philippines had a new name today. Back in the 1980's all I knew and came to know about it is that it is called as tuition fee loan or the SSS study now pay later plan loan program. Today, any personal loan or collateral loan may be called as one. Why? It's simply because the loan proceeds will actually depend on where you will use it, therefore, if you use your money to pay for tuition fee of your kids, you might as well call that loan as tuition fee loan.