Shopping just got more exciting with Home Credit’s Hulog-gaan Installment Plan
The company’s newest installment package allows financing of commodities that Home Credit didn’t previously finance. Some of the commodities that can be covered by Hulog-gaan are clothing, bags and accessories, toys, and electronics. These items are on top of the commodities that Home Credit already finances like smartphones, tablets, home appliances, and sporting goods. Chief Marketing and Product Officer Franchette Cardona says that the Hulog-gaan installment allows Home Credit to cater to more customer needs than ever before. “Our installment plans before are primarily for big purchase items. We wanted to provide the same financing options for those who have a lot of different wants and needs, and be able to afford them all in one go.” Using the Hulog-gaan installment product, shoppers can now buy any of the covered items as long as they fit the P25,000 maximum price for the bundle. Customers can choose between P3,000 to P20,000 financed amount which they can pay for nine to 12 months. Home Credit’s Hulog-gaan can be applied to their Standard, Easy Plan, Flex10, and Gift Payment loans. Shoppers can include in their bundle a maximum of five product entries, with multiple items under one category counted as one bundle entry as long as it fits the P5,000 maximum amount per entry. Exceptions on categories covered by Hulog-gaan are jewelry and watches and smartphones and tablets.