The notable aspect of Aeon Credit’s operations in the Philippines is its commitment to responsible lending. The company ensures that borrowers have the means to repay their loans by conducting thorough credit assessments and verifying their financial capabilities. This responsible lending approach not only protects borrowers from falling into debt traps but also contributes to the overall stability of the financial system.
Briefly about Aeon Credit Service
Aeon Credit Service Systems Co., Ltd., commonly known as Aeon Credit, is a leading provider of consumer finance services in the Philippines. Established in 1996, Aeon Credit has been serving the financial needs of Filipinos for over two decades, offering a wide range of credit and loan products to individuals and businesses alike.
One of the key factors contributing to Aeon Credit’s success in the Philippines is its commitment to providing convenient and accessible financial solutions to its customers. With a network of branches and partner establishments across the country, Aeon Credit ensures that its services are easily accessible to Filipinos from all walks of life. Whether it’s a personal loan, credit card, or installment plan for purchasing consumer goods, Aeon Credit strives to make the application and approval process as hassle-free as possible.
Aeon Credit Service loan products
Aeon Credit’s personal loan products have gained popularity among Filipinos due to their competitive interest rates and flexible repayment options. Whether it’s for funding a dream vacation, renovating a home, or paying off medical bills, Aeon Credit offers loans tailored to meet the specific financial needs of its customers. The company’s loan officers are well-trained and equipped with the knowledge and expertise to guide borrowers through the application process, ensuring that they make informed decisions.
In total, Aeon offers 3 loan products:
- Personal loan,
- Appliance loan,
- Furniture loan.
The interest rate on a Personal loan is 2.5% per month. The size of the loan depends on the borrower’s solvency. The term of a Personal loan can range from 6 to 12 months.
The interest rate on Furniture loan ranges from 4.55% to 5.75% per month. The interest rate on Appliance loan is 5.75% per month. The loan term will depend on the product you want to buy and usually ranges from 6 to 24 months.
In addition to personal loans, Aeon Credit also offers credit cards that come with various perks and privileges. These credit cards are widely accepted in establishments across the country, making them a convenient payment option for Filipinos. With features like cashback rewards, discounts on dining and shopping, and exclusive access to events and promotions, Aeon Credit’s credit cards have become a preferred choice for many consumers in the Philippines.
Furthermore, Aeon Credit has partnered with numerous retail stores and merchants to provide installment plans for purchasing consumer goods. This enables Filipinos to buy their desired products without having to pay the full amount upfront. By dividing the cost into affordable monthly installments, Aeon Credit makes it easier for individuals to manage their finances and enjoy the products they desire.
FAQs
What is the interest rate on personal loans from AEON?
The interest rate for personal loans from AEON is 2.25%.
What are the loan conditions?
Personal loan terms: up to 12 months. The maximum loan amount depends on the borrower’s income.
The conditions of an Appliance loan and a Furniture loan are generally similar. The loan term is up to 24 months, the maximum loan amount is no more than 80% of the cost of the goods.
Are there any additional fees when processing my AEON personal loan application?
Other than the processing fee (P400 or 3%, whichever is higher), there are no other fees to process your AEON personal loan application. A processing fee will be deducted from the total amount of the cash loan.
How do I pay the monthly installment for the AEON personal loan?
Use your personal AEON credit agreement number when making payments through the following trusted payment channels.
| Channel Service | Fee | ATM | MOBILE APP | ONLINE |
| 711 | ||||
| Bayad Center | Php15.00 | |||
| Cebuana Lhuiller | Php15.00 | |||
| EC Pay | Php15.00 | |||
| M Lhuiller | Php15.00 | |||
| SM Bills Payment | Php15.00 | |||
| RCBC | Php15.00 | Php20.00 | Php20.00 | |
| BDO | Php15.00 | Free | Free | Free |
| Metro Bank | Php15.00 | Free | Free | Free |
If I need to update my information in your system, for example: Surname, contact number and address?
Inquire at our hotline (631-1399) or email at customercare@aeonphilippines.com.ph.
What if I overpaid and want a refund?
Inquire at our hotline (8631-1399) or email at customercare@aeonphilippines.com.ph.
How to view the remaining balance?
Download the AEON mobile app, call our hotline (631-1399) or email at customercare@aeonphilippines.com.ph to check your balance.
Summary
Aeon Credit’s presence in the Philippines had a positive impact on the local economy. By providing access to credit and financing, the company has empowered individuals and businesses to pursue their aspirations and contribute to economic growth. Whether it’s a small business owner looking to expand operations or an individual seeking higher education, Aeon Credit’s financial solutions have played a significant role in driving economic development in the country.
Furthermore, Aeon Credit actively engages in corporate social responsibility initiatives in the Philippines. The company supports various community development projects, educational programs, and environmental conservation efforts. By giving back to society, Aeon Credit demonstrates its commitment to being a responsible corporate citizen and making a positive difference in the lives of Filipinos.
In conclusion, Aeon Credit has established itself as a trusted and reliable provider of consumer finance services in the Philippines. With its wide range of credit and loan products, convenient access, responsible lending practices, and commitment to corporate social responsibility, Aeon Credit has become a preferred choice for many Filipinos seeking financial solutions. As the company continues to grow and innovate, it is poised to play an even greater role in shaping the financial landscape of the Philippines and empowering individuals and businesses to achieve their goals.
Author Maria Torres from Upfinance.
You can get a loan here: https://upfinance.com/loan-type/personal-loans/
