Global Cebuana Finance INC.

DISCLOSURE STATEMENT ON LOAN/CREDIT TRANSACTION

(As Required under R.A.3765, Truth in Lending Act)
NAME: Guillena, Jefferson Ruela
ADDRESS: Purok Bougaivilla Brgy. Consolacion Sogod Southern Leyte

1. LOAN GRANTED(Amount Financed) ------------------------------------------------ PHP 75,780.00

2. FINANCE CHARGES NOTDEDUCTED FROM DEDUCTED FROM

LOAN PROCEEDS LOAN PROCEEDS
a. Interest ______
2.5% /per month
From ______________
12/18/2023 to 08/18/2024 PHP_ PHP_

( )simple (/) month ( ) semi annual

( ) compound ( ) quarter ( ) annual
b. Non-Interest Charges
c.Commitment Fee
d. Guarantee Fee
e. Other Charges incidental to the extension of credit
(specify)

TOTAL FINANCE CHARGES

3. NON-FINANCE CHARGES
a. Credit Risk Fee 1,184.00

b. Taxes
346.00
c. Documentary Stamp
400.00
d. Notarial Fee
e. Others
3,850.00
Processing Fee
Cash Card Fee
Cash Card Payable
300.00
Bank Charge
Outstanding Balance
Proceeds Charges

TOTAL NON-FINANCE CHARGES

4. TOTAL DEDUCTIONS FROM PROCEEDS OF LOAN (B-E and 3) 6,080.00

5. NET PROCEEDS OF LOAN (1 less 4) PHP 69,700.00

6. PERCENTAGE OFFINANCE / NON-FINANCE CHARGES TO TOTAL AMOUNT FINANCED

(Computed in accordance with) %
Fixed for days/mos.
7. EFFECTIVE MONTHLY INTEREST RATE (Method of Computation attached) 4.24% /permonth
8. SCHEDULE OF PAYMENT
( )Interest shall be payable in equal Monthly semi-monthly / Monthly / quarterly amortization at
PHP_____________,
11,367.00 which shall be revised to conform to the adjusted interest rate.
Full payment of the remaining principal balance at maturity.

()
9. COLLATERAL
This is wholly/partly secured by:

10. ADDITIONAL CHARGES IN CASE CERTAIN STIPULATION ARE NOT MET BY THE BORROWER
NATURE AMOUNT
Attorney’s Fee 25% of the entire claim______________________________________

Liquidated Damages
Late Payment Penalty 1,500 or 15% of monthly amortization (whichever is higher)

Prepayment Service Fee ___________________10% of Principal Amount

CERTIFIEDCORRECT:
Unit Head Tabilin, Pamela Tabo
POSITION (Signature of Creditor/Authorized Representative over Printed Name
I ACKNOWLEDGE RECEIPT OF A COPY OF THIS STATEMENT PRIOR TO THE CONSUMMATION OF THE CREDIT TRANSACTION AND THAT I UNDERSTAND AND FULLY AGREE TO THE TERMS AND
CONDITIONS HEREOF:

BY: Guillena, Jefferson Ruela

DATE (Signature of Borrower over Printed Name)
Montaña, Mildred Cinco
(Signature of Co-Borrower over Printed Name) (Signature of Co-Borrower over Printed Name

Notice to Borrower: The credit risk fee shall secure the performance of borrower’s outstanding loan obligation only in case of natural death of
principal borrower or death caused by fortuitous event or force majeure. You are entitled to a copy of this paper which you shall sign.
Notice to Borrower: The credit risk fee shall secure the performance of borrower’s outstanding loan obligation only in case of natural death of
principal borrower or death caused by fortuitous event or force majeure. You are entitled to a copy of this paper which you shall sign.
Notice to Borrower: The credit risk fee shall secure the performance of borrower’s outstanding loan obligation only in case of natural death of
principal borrower or death caused by fortuitous event or force majeure. You are entitled to a copy of this paper which you shall sign.