Features
ACOM Cash Loan offers a revolving credit line, just like a credit card. You may use your available credit by borrowing what you need for any purpose, big or small. Repay, reborrow and reuse: as you make payments, your credit limit is freed up for you to borrow again and has the potential to increase with regular, on-time payments.
Borrow
You get access to a set amount of cash
(your ACOM-approved credit limit)
Use it
Use what you need within your credit limit for whatever purposes.
Repay
Choose to pay in full, make minimum payments for extended repayment, or pay more than the minimum to settle your loan faster.
Repay, Reborrow and Reuse
As you make payments, your credit limit is freed up for you to borrow again and has the potential to increase with regular, on-time payments.
The processing and lending fees are one-time only during the first use of the loan. With one (1) continuous contract, there are no processing or lending fees for repeat borrowing or additional loans.
*However, the amount that you can borrow will still depend on the result of your credit examination.
A. Increasing Credit Limit up to Php 500,000
B. Flexible Repayment
C. Low Interest Rate (4.988%)
D. Diminishing Interest Amount
E. No Requirements Needed for Repeat Borrowers