Asialink Ofw Loan Review Philippines: Legit? Requirements? Interest rate

Asialink ofw loan is a financial service for Filipino workers working abroad. You can get approved for a quick loan of 150,000 pesos without collateral.

Retailasiaonline.com presents information about loans, loan conditions, and instructions on quick registration steps in the article below. Let’s learn and refer.

What is Asialink ofw loan?

Asialink ofw loan is a loan product of AsiaLink Finance Corporation for Filipino workers working abroad to quickly pay personal expenses. This is a loan that does not require collateral, supporting the borrower with cash from 1,000 to 150,000 pesos for a term of 3 months to 12 months.

Pros of Asialink ofw loans

Asialink ofw loan review has many advantages such as:

• Reputable, legal, safe and reliable loan.
• No need to mortgage assets, no need for a guarantor.
• Simple registration, quick approval and disbursement.
• Payment term can be extended.
• Encrypt data, secure personal information.

Cons of Asialink ofw loans

Asialink ofw loan review some disadvantages are:

• Must have documents proving income.
• There must be your beneficiary.
• Will check the borrower’s credit score and credit history.

Asialink ofw loan interest rate

Asialink ofw loan apply interest rates from 180% to 365%/year (about 15% to 18%/month). No service fees or late payment penalty of 6% of outstanding balance.

Example of Asialink ofw loan interest rate calculation

Asialink ofw loan Ph Approval 150,000 for 10 months with interest rate of 15%/month

• The amount of interest payable after 1 month is: 150,000 x 15% = 22,500 pesos.
• The principal amount contributed in 1 month is: 150,000 : 10 = 15,000 pesos.
• Total amount to be paid in 1 month is: 15,000 + 22,500 = 37,500 pesos.

Asialink ofw loan requirements

Asialink ofw loan`requires borrowers to meet the following conditions:

• Philippine citizen, over 21 years old.
• Have passport, visa, work permit, labor contract. Minimum salary 20,000 pesos, start work within 30 days, no leave within 6 months from loan application.
• Your beneficiary must have a power of attorney and proof of receipt of money within 3 months.

Guide to register Asialink ofw loan application Step-by-step

Instructions on how to apply for a quick loan at Asialink ofw loan:

Step #1: Visit the homepage of Asialink ofw loan

Visit Asialink’s official website.

Click on the Apply For A Loan Today box

Step #2: Fill in loan registration information

Fill in information about source of income, full name, date of birth, mobile number, email, loan purpose.

Agree to loan terms and conditions and submit loan applications.

Step #3: Disbursement

The loan application has been submitted, waiting for a support staff to contact you to send loan instructions.

Approval within 24 hours and super fast disbursement immediately after approval.

Reviews Asialink ofw loan feedback

Asialink ofw loan OFW loan review is rated 4.2 stars from clients in Philippines. It is legit, low interest rate and simple requirements.

It is a reputable loan, supports many different loan purposes, high limit and fast disbursement.

Read more: How to apply Owwa loan for OFW?

Asialink ofw loan repayment

Asialink ofw loan payment through payment channels such as transfer through banks such as AUB, RCBC,… or payment counters of some partners such as RD Pawnshop, 7-Eleven, Robinson, Gaisano Malls…

Compare Asialink ofw loan Philippines with other loan

Sources: Refer to Sate Bank reporting and research.

Asialink ofw loan customer service

Asialink ofw loan Ph complaints are received through contact channels such as:

• Address: Suite 210 AIC Gold Tower Emerald Avenue cor Garnet Road, Ortigas Center, Pasig City 1600, Philippines.
• Hotline: (02) 8709-7777 – 0917 808 9215
• Email: customerservice@asialinkfinance.com.ph

Read more:

• BDO OFW loan
• BPI OFW loan

FAQs – Asialink ofw loan Philippines

Below are some frequently asked questions about Asialink ofw loan service:

Is Asialink ofw loan legit?

Asialink ofw loan is a financial support product for Filipino workers working abroad. This is a service of AsiaLink Finance Corporation, developed since 1997. This financial company operates legally, registered with SEC with registration No.A199711768 and certificate of authority to operate No.570.

Is Asialink ofw loan harassment?

Asialink ofw loan is a reputable, legal product, owned by AsiaLink Finance Corporation. This is a financial company licensed to operate legally by the SEC. To receive SEC certification, this lending partner will have to commit to protecting customer information and not harassing customers in any form.

How to make Asialink ofw loan complaints?

AsiaLink ofw loan will receive complaints about service quality, disbursements, interest and fees… via hotline (02) 8709-7777 or 0917 808 9215. In addition, the lender’s customer care department Support is available via email address: customerservice@asialinkfinance.com.ph.

In conclusion – Should you apply to Asialink ofw loan?

Asialink ofw loan supports Filipinos, working abroad, who can receive a maximum amount of 150,000 pesos, payable in 12-month installments to pay personal bills such as medical bills, education bills, repair bills, etc. home, shopping for appliances…

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