Assignment 1

SY 2022 to 2023

Name : Marc Lester A. Clamor

FINM 6: Credit and Collection

Financial Key Features

Product Name Loan Purpose
Institution Loan Amount Loan Term Security or Collateral Required
BDO Unibank, BDO Personal This loan is Borrowers can avail The loan term can vary from Typically, no collateral is required,
Inc. Loan designed to help of loan amounts 6 months up to 3 years (36 making it an unsecured personal
individuals meet ranging from PHP months). loan. However, applicants need to
their various 10,000 to PHP meet specific income and credit
financial needs, 1,000,000. score criteria.
such as home
improvement,
education, travel,
medical
expenses, or debt
consolidation.
BDO Home BDO Home Loan The loan amount Loan terms can range from The property being financed or
Loan is designed to can vary depending 1 to 25 years, providing refinanced serves as collateral for
help individuals on the property's flexibility in repayment. the loan.
purchase a appraised value and
residential the borrower's
property, repayment capacity.
refinance an
existing home
loan, or use home
equity for other
financial needs.
BDO Auto Loan BDO Auto Loan is Borrowers can Loan terms typically range The vehicle being financed serves
intended to assist obtain financing for from 12 to 60 months, as collateral for the auto loan.
individuals in up to 80% of the giving customers flexibility
Assignment 1
SY 2022 to 2023

acquiring a brand vehicle's purchase in selecting their repayment

new or pre-owned price, depending on period.
vehicle, such as a eligibility and the
car, motorcycle, chosen loan
or even a light package.
commercial
vehicle.

Metrobank Metrobank This loan is Borrowers can get Metrobank offers loan terms The property being purchased
Home Loan specifically for financing of up to of up to 25 years, serves as collateral for the loan, so
purchasing a 80% of the depending on the it is a secured loan.
residential property's appraised borrower's preference and
property, whether value. capacity to repay.
it's a house and
lot, condominium
unit, or
townhouse.
Metrobank Car Metrobank Car Borrowers can Loan terms can vary but The vehicle being financed serves
Loan Loan helps obtain financing for typically range from 12 to as collateral for the auto loan.
individuals up to 80% of the 60 months, allowing
purchase brand vehicle's purchase customers to choose their
new or pre-owned price, depending on preferred repayment period.
vehicles, eligibility and the
including cars, selected loan
motorcycles, or package.
light commercial
vehicles.
Metrobank Metrobank Borrowers can avail Choose a loan term of 12, No collateral is typically required for
Personal Loan Personal Loan of loan amounts 18, 24, or 36 months for this unsecured personal loan, but
can be used for ranging from Php repayment.
Assignment 1
SY 2022 to 2023

various personal 20,000 to Php applicants must meet Metrobank's

needs, such as 1,000,000, credit evaluation criteria.
medical depending on their
expenses, income and
education, travel, creditworthiness.
home
improvement, or
debt
consolidation
Philippine PNB Auto Loan This loan is for PNB provides auto The loan term can range The vehicle being financed acts as
National Bank individuals loans for up to 80% from 12 to 60 months, collateral for the loan, making it a
(PNB) looking to of the vehicle's allowing borrowers flexibility secured auto loan.
purchase a new purchase price or in repayment.
or used vehicle, appraised value,
including cars whichever is lower.
and motorcycles.

PNB Personal PNB Personal Borrowers can avail Choose from flexible PNB Personal Loan is an
Loan Loan can be used of loan amounts repayment terms, typically unsecured loan, so no collateral is
for various ranging from Php ranging from 12 to 36 required. Applicants should meet
personal 30,000 to Php months. PNB's credit evaluation criteria.
expenses, 1,000,000,
including medical depending on their
bills, education, eligibility and
home creditworthiness.
improvement,
travel, or debt
consolidation.
Assignment 1
SY 2022 to 2023

PNB Home PNB Home Loan The loan amount Borrowers can choose from The property being financed or
Loan is designed to varies based on the various loan terms, often refinanced serves as collateral for
assist individuals property's appraised ranging from 5 to 25 years, the home loan.
in purchasing value, the borrower's allowing for flexible
their dream income, and other repayment options.
home, refinancing factors.
an existing home
loan, or using
home equity for
other financial
needs.

Reference:

https://www.pnb.com.ph/index.php/loans?tpl=1
https://www.pnb.com.ph/index.php/pnb-housing-loan?tpl=1
https://www.pnb.com.ph/index.php/pnb-auto-loan?tpl=revamp
https://www.metrobank.com.ph/loans/personal-loan
https://www.metrobank.com.ph/loans/home-loan
https://www.metrobank.com.ph/loans/car-loan
https://www.bdo.com.ph/personal
https://bdo.com.ph/personal/loans/auto-loan
https://www.bdo.com.ph/personal/loans/personal-loan