Asialink Finance Corporation Review Philippines Legit? Complaints (2024)

Asialink Finance Corporation is a long-standing financial institution in the Philippines. It is known as a tool to solve financial difficulties of many people.

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What is Asialink Finance Corporation?

Asialink Finance Corporation is a financial institution established in 1997. The scope of operations is throughout the Philippines, serving all customers from businesses to individuals. This is a lending unit with low interest rates and high reputation in the financial market. Currently, this company has more than 700 employees with more than 80 branches spread across the country.

Pros of Asialink Finance Corporation App

Asialink Finance Corporation review is known for its outstanding advantages, which is the reason why many people choose:

• Providing a variety of credit products: You can apply for a loan to buy a car, a medical loan… As long as you have a clear loan purpose, you can choose a product that suits your needs and abilities. own abilities.
• No collateral: With loans that require collateral such as cars, motorbikes… You only need to pledge the documents, and the car can still be used normally, overcoming the disadvantage of no means of transportation.
• For types of car mortgage loans: Lenders accept many different types of cars and car brands. For each type of vehicle, there will be a different price range, suitable for each person’s assets.
• Asialink accepts even old car models, models from 2005 and older.
• Reputation level does not need to be proven: Since its inception, it has helped millions of people successfully solve financial difficulties. This is the clearest proof of the reliability of your loan.
• The loan registration process is simple and disbursement is quick.
• You can apply for a loan extension.

Cons of Asialink Finance Corporation Loan

Asialink Finance Corporation review app still has a few minor disadvantages:

• Interest rates are higher than those of traditional banks.
• Car models from 2005 and earlier are not accepted for mortgage.
• Late payment penalties are quite high, you should consider and have a plan to repay on time.

Asialink Finance Corporation interest rate

Asialink Finance Corporation is considered quite competitive compared to other credit institutions of the same type. Currently, it is supported with an interest rate of about 1.5%/month.

When you want to buy a car, there are quite a few costs that need to be covered and you cannot pay them all at once. Registering for a loan here will help you quickly have a means of transportation at the lowest cost.

Example of Asialink Finance Corporation interest rate calculation

Example of Asialink Finance Corporation approval: If you borrow ₱20,000 for 2 months at an interest rate of 1,5%, calculated using the formula as follows:

• Total interest fee: 20,000 x 1,5% x 2 = ₱ 600
• Service fee: 10%  x 20,000 = ₱ 2,000
• Total amount to be repaid: 20,000 + 600 + 2,000 = ₱ 22,600.
• Monthly repayment: 22,600 / 2 = ₱ 11,300.

Asialink Finance Corporation loan requirements

Conditions for applying for a loan at Asialink Finance Corporation are simple as follows:

• Philippine citizens, ages 21 – 60 years old.
• Valid identification documents of the borrower.
• Valid vehicle registration documents.
• Documents proving income for individual borrowers such as: labor contract, bank statements, payroll… For business borrowers: financial statements, bank statements, business plans…

Guide to register Asialink Finance Corporation Loan Application Step-by-step

Applying for a loan at Asialink Finance Corporation is very easy with the following steps:

Step #1: Check eligibility

If you want to successfully apply for a loan here, you should first compare the loan conditions before registering. You can refer to the loan conditions listed above to make sure you can be approved for a loan.

Note, credit score is also one of the decisive factors for success. If your credit score is too low, there is a high risk of your loan being rejected.

Step #2: Fill in registration information

When you come to the branch to register, you will be instructed by the tellers to fill out information in a pre-made registration form. You need to provide complete and accurate personal information, income level…

Step #3: Compare the declaration with the necessary documents

After you have fully declared, you should compare and check the information again with the documents you have.

 

Step #4: Submit application

Complete the procedure by sending the application to the nearest branch. Information about phone numbers and bank account numbers need to be recorded accurately so that after appraisal, staff will contact and disburse funds.

Alternatively, if you want to apply online, simply fill out the loan application on the unit’s website. A consultant will contact you and guide you through the next steps. Note, the loan application is completely free, so be wary of agents who ask you to pay a fee.

​​Reviews Asialink Finance Corporation online Loan Feedback

Asialink Finance Corporation reviews is rated 4.2 stars from customers in Philippines. It is legit and simple loan requirement, no complaints and harassment.

Asialink Finance Corporation helps thousands of people in financial difficulty every day. That’s why the feedback and reviews about it are increasing.

Asialink Finance Corporation loan repayment

Asialink Finance Corporation payment through its partners nationwide:

• Any M Lhuillier, 7-Eleven, Cebuana Lhuillier, GCash, Bayad store.
• Robinsons Bank.
• Rizal Commercial Banking Corporation (RCBC).
• Asia United Bank (AUB).

Compare Asialink Finance Corporation loan with other loan

Comparison criteria	Asialink Finance Corporation	Fundline finance corporation	Fingertip Lending Corp
Limits	70% of mortgaged property value	5,000 – 50,000 pesos	3,000 – 25,000 pesos
Tenor	3- 36 months	91 – 180 days	91 – 180 days
interest	1,5%/month	4%/month	max 30%/year
Age	21 – 60 years old	21 – 60 years old	21 – 60 years old
Review rate	75%	87%	90%

Sources: Refer to Sate Bank reporting and research.

Asialink Finance Corporation customer service

Asialink Finance Corporation complaints will be resolved via contact information:

• Loans department:  (02) 8631-4380 / 09178628657
• Customer service: 09178473639 (Globe) / 09088868780 (Smart)
• Email: customerservice@asialinkfinance.com.ph
• Address: Suite 210 AIC Gold Tower Emerald Avenue cor Garnet Road, Ortigas Center, Pasig City 1600
• Website: fundline.com.ph

FAQs

Here are some questions to answer about Asialink Finance Corporation:

Is Asialink Finance Corporation sec registered?

Asialink Finance Corporation operates a legal lending business in the Philippines with SEC Registration No. A199711768 and certificate of authority no. 570. With more than 26 years of operation in the financial sector, AFC has brought significant benefits to the economy and achieved a solid position in the hearts of the people.

How do I prevent Asialink Finance Corporation harassment?

Asialink Finance Corporation as answered above is completely legal and safe. Therefore, there is no way it will bother customers. If you encounter calls demanding payment or harassing purposes, be careful to avoid spoofing. Because the fees are clearly shown on the loan contract, there will not be any other external fees.

How to contact Asialink Finance Corporation complaints?

For customer convenience, AFC develops on different platforms. You can contact through branches nationwide or call the customer service hotline (02) 8709 7777 / 0917-847-3639. Additionally, you can contact via Facebook, Instagram, Twitter and Viber.

In conclusion – Should you Apply to Asialink Finance Corporation App?

Asialink Finance Corporation is known as one of the leading prestigious financial institutions in the Philippines because:

• Large scale, proven reputation.
• Staff attitude is enthusiastic and friendly.
• Competitive interest rates.
• Nationwide support.

Asialink Finance Corporation loan is a financial solution worth your consideration.

Hopefully, the above information has given you a better overview of the lending unit you are wondering about.

Good luck and don’t hesitate to rate the article 5 stars!