LOAN AGREEMENT

Loan Account Number : 4103274054

LOAN DETAILS
LENDER HC Consumer Finance Philippines, Inc.
15th Floor, Ore Central, 9th Avenue cor. 31st Street, Bonifacio Global City, Taguig, 1634, Philippines
CUSTOMER Rufina Raras Gutierrez Date Of Birth: 07/10/1959
Home Address: 382, Cayanga, San Fabian, 2433 Pangasinan
Permanent Address: 382, Cayanga, San Fabian, 2433 Pangasinan
Registered Contact Details Character Reference
Mojamito Gutierrez Son 9656026972
Mobile No. 1: 9659685127 E-mail Address: mojamitogutierrez02262018@gmail.
Maricel Saclolo Daughter 9090510853
Mobile No. 2: 9614780468 Landline: N/A
Veronica Holoyohoy Daughter 9174772153

DOCUMENTS Voter's ID 55330051AG1059RRG20000

PURCHASE DETAILS
Loan Account Number: 4103274054
Retailer: PCC Zone_Pcc Zone event in San Fabian_San Fabian, Pangasinan_2020.12 Address: Standalone - San Fabian n/a Rizal Street, Poblacion,
San Fabian, 2433 Pangasinan
Goods and/or Services: Mobile Phone ( VIVO / Y33s )
Value Added Service (Device Protection)
Value Added Service (Borrower Protection)
Disclosure Statement Conditional Charges: Other Fees:
Suggested Retail Price: 12,999.00 Currency: PHP Collection Charge 200.00 Flexi Pay 30.00
Borrower Protection: 796.00 Effective Date: 10/16/2021
Installment Amount: 1,328.00 Past Due 30 days 400.00
Device Protection: 526.00
Total Purchase Price: 13,525.00
Number of Installments: 9 Past Due 60 days 600.00
Due Dates: 16th of each Past Due 90 days 800.00
Cash Payment 3,900.00 First Due Date: 11/16/2021
Downpayment: 3,549.00 Last Due Date: 07/16/2022 Attorney & Agency Fee 5,000.00
Other Charges - Origination Fee: 351.00
Net Proceeds of Loan: 11,325.00
(Purchase Price less Cash Payment)
Loan Amount: 11,676.00
(Purchase Price less Downpayment)
Effective Interest Rate: 0.63% p.m.
SPECIFIC TERMS AND CONDITIONS
1. INTRODUCTION
1.1. The Customer is applying for a Home Credit loan to buy the Good(s) from the Retailer 5.1.2. The minimum amount of the Partial Early Repayment must be equivalent to one
(POS Loan), as indicated in the Purchase Details and Loan Details above. The Customer installment plus the Partial Early Repayment Fee as stated in the Disclosure Statement,
understands that the approval of this POS Loan is subject to submission by the Customer and any other charges due to Home Credit. Any amount paid which is less that the
of documents required by Home Credit, credit approval process and guidelines of Home minimum amount required by this section shall be treated as an advance payment for the
Credit, and the final decision of Home Credit. The POS Loan shall be payable in monthly next installment payment.
installments with an Interest Rate as indicated in the Disclosure Statement and as agreed For Full Early Repayment, the Customer can call Home Credits Customer Service Hotline
upon by the Customer and Home Credit. This document is referred to as Loan Agreement. 5.1.3 and inform that Full Early Repayment will be made and shall get the full details of the
This POS Loan is subject to additional terms and conditions (General Terms and amount to be settled and the payments channels where payment can be made.
1.2. Conditions) contained in the document referred to as General Terms and Conditions,
which is accessible at www.homecredit.ph. The Customer confirms that s/he has had the
chance to review the General Terms and Conditions. Home Credit may, at any time, 6. OTHER TERMS AND CONDITIONS
update the General Terms and Conditions upon notice to the Borrower. 6.1. The Customer hereby acknowledges receipt of the Goods and/or Services from the
The Customer agrees to the Purchase Details and Disclosure Statement above, the Retailer and/or has made arrangements with the Retailer for the delivery of the Goods
and/or Services. The Customer understands that, in either case, the POS Loan will start on
1.3. monthly installments in the Payment Schedule, and the terms and conditions in Loan
Agreement and General Terms and Conditions. the date of signing of this Loan Agreement and not on the delivery date of the Goods
and/or Services.
2. LOAN AMOUNT 6.2. The Goods and/or Services financed by the Loan Agreement is/are to be used for the
benefit of the Customer or the Customers family and shall not be used for any illegal
2.1. Customer agrees that the Net Proceeds of Loan will be paid directly by Home Credit to the
means.
Retailer as full payment for the Goods and/or Services.
6.3. Customer agrees the Goods and/or Services shall be for personal use and he shall not
3. RATE OF INTEREST sell, transfer or convey the same until full payment of the Loan Amount.
3.1. Interest on the Loan Amount will begin to accrue on and from the Effective Date, and shall 6.4. The Customer can cancel this POS Loan without additional fees or penalties by performing
be paid by the Customer in accordance with the Disclosure Statement and the Payment all of the following within fifteen calendar days from the date of this POS Loan:
Schedule. Calling Home Credits Customer Service Hotline and confirming such cancellation to Home
6.4.1. Credits customer service personnel;
4. PAYMENT Paying the full amount of the net proceeds of the loan to Home Credit within the said 15-
4.1. The Customer agrees to pay each Installment Amount, including any applicable charges 6.4.2. day period
and fees, on or before the Due Date, and exclusively through the payment channels Upon compliance by the Customer with Clause 6.3. above, this POS Loan shall be
identified by Home Credit. Payments shall become due on each Due Date as stated in the 6.5. considered cancelled and the Customer and Home Credit shall have no further obligations
Disclosure Statement, without need of any further notice or demand. in respect of this POS Loan.
4.2. The Customer expressly waives the benefit of Article 1252 of the Civil Code of the In case of default, Home Credit may demand that the Customer to deliver (and Customer
Philippines, Republic Act No. 386, and agrees that any payment to Home Credit for the 6.6. undertakes to so deliver) the Goods and/or Services to Home Credit at such time and
purpose of settling any Installment Amount or any other amount due in relation to the POS place as may be designated by Home Credit; provided, that delivery by the Customer of
Loan shall be applied to the Installment Amount or such other amount that fell due earlier, the Goods and/or Services pursuant hereto shall not relieve the Customer from the
and in the order as specified in General Terms and Conditions. obligations under the Loan Agreement; provided further that Home Credit may, at its
4.3. If the Customer pays more than the Installment Amount or any other amount due on the discretion, sell or auction the Goods and/or Services delivered by the Customer pursuant
POS Loan, Home Credit can decide to apply the excess payment to the next Installment hereto in any manner that may be deemed appropriate by Home Credit, with the proceeds
Amount or any such other amount due. If there are no other amounts due from the of such sale or auction to be applied to the repayment of the Customers obligations under
Customer, s/he may request for the return of the excess payment by calling Home Credit's the Loan Agreement, after deduction of all the applicable costs. Home Credit may employ
hotline. Home Credit will then inform the Customer when and how s/he can get the excess technology based measures and other means available to it, to ensure collection of the
payment. Loan Amount, such as but not limited to the sending of payment notices through SMS and
push notification, and remote deactivation of the Goods and/or Services.
5. EARLY REPAYMENT Home Credit may, at any time, update the Specific Terms and Conditions upon notice to
5.1. For Early Repayment, provided the Customer is not in delay or in default, the Customer 6.7. the Customer, and such amendments shall bind the Customer, provided that Home Credit
may prepay the balance of the Loan Amount before the Last Due Date without interest on posts the update through its website www.homecredit.ph.
the balance, subject to the following:
5.1.1. For Partial Early Repayment, the Partial Early Repayment Fee and any other amounts to
be paid by the Customer to Home Credit should be paid together with the prepayment of
part of the balance of the Loan Amount. The minimum amount of partial early repayment
must be equivalent to one installment. Detailed steps on applying for the Partial Early
Repayment shall be made available through Home Credit's website and/or Customer
Service Hotline.

(Electronically Signed via OTP)

OTP: 010760
Witness: OTP MOBILE#: 9659685127
Joanne Lumbao OTP VERIFIED ON: 2021-10-16T17:57:21.000+08:00

Sales Associate Rufina Raras Gutierrez

Signature of Customer Over Printed Name
FLEXI PACKAGE TERMS AND CONDITIONS

The Flexi Package Product allows the Customer to request for a Payment Holiday, Change in Due Date of the loan
installments, partial repayment or early repayment of the loan, subject to the following terms and conditions:

1. PAYMENT HOLIDAY. The Customer may defer the payment of an installment provided that:
a. The Customer is not in default or has not defaulted in any installment payment.
b. The Customer must have paid at least two consecutive monthly installments prior to availment of the Payment
Holiday.
c. Activation can be done once every 12 months during the entire loan duration.

2. DUE DATE CHANGE. The Customer may change the due dates of monthly installment payments provided that:
a. The Customer is not in default or has not defaulted in any installment payment.
b. The Customer must have paid at least one monthly installment prior to changing the installment due dates
c. A request for a change in installment due dates must be made at least 15 days prior to the next scheduled
installment due date.
d. Activation can be done once every 12 months during the entire loan duration.

3. PARTIAL EARLY REPAYMENT. The Customer may pay a portion of the total outstanding balance of the loan
provided that:
a. Customer shall pay unpaid penalty fee and overdue amount prior to the partial early repayment of the loan.
b. Amount to be paid should not be less than the recomputed amount. Minimum amount to be considered as
PER is 2 months worth of customer’s installment. Otherwise it will only be considered as advanced payment.

4. FULL EARLY REPAYMENT. The Customer may pay the full amount of the total outstanding balance of the
provided that:
a. Clients should settle the overdue/penalty before activation of request.
b. Amount to be paid should not be less than the recomputed amount or else it will only be considered as
advanced payment.
c. Recomputed amount should be paid within the given due date. Otherwise, payment will only serve as
advanced payment and account will not be closed.

(Electronically Signed via OTP)

OTP: 010760
OTP MOBILE#: 9659685127
OTP VERIFIED ON: 2021-10-16T17:57:21.000+08:00
Rufina Raras Gutierrez
Signature of Customer Over Printed Name