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Based from what I heard, you need cash advance from bank account co maker when you apply for an ofw loan, and since Im only a plain housewife, I cant be my husbands co maker. Is there any possible way to get a loan without even needing a co maker.
Sorry for the long post. :) Hope someone someone can answer me. Thank you. Reply To: OFW Loan No Co Maker. Hi Maricar, here are three leading banks that offer multi-purpose personal loans to OFWs with no co-maker, no collateral, and low interest rates: Banco De Oro (BDO) Asenso Kabayan Program.
The Personal Loan for OFW is offered against hold-out on Joint or Individual account deposits maintained with BDO as security.
Kindly walk me through to the process. Thank you. Reply. Banco de oro cash loan in ofw worker. In order to get my application processed accordingly, I submitted the duly-signed personal loan form from them, a copy of my ITR, one month payslip, and a copy of two cash advance from bank account IDs.
Normally, and based on the expectations given to me, the approval time would take between one to two weeks. But in my case, it only took one week for me to get an approval message from them that my loan amount was ready for claim.
It has been an easy transaction for me, and I am guessing it helps that I. Unlike other banks, BDO is no longer mailing account statements of your loan due date. Instead, they sent me a loan card, indicating my monthly due amount and date.
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