BPI Credit Cards Guide for Filipinos Updated December 2022 Over the years, we have been discovering the bliss of using credit cards in Philippines for usual shopping.However, many are still mystified on its full potential and could be wasting the best features they could be enjoying. BPI (Bank of the
BPI auto loan is part of the BPI lending portfolio which integrates various networks and technology to give their clients faster service with a wide range of options. Known for having transparent terms and competitive auto loan packages, it has been one of the most sought after auto loans in the country.
The Bank of Philippine Islands (BPI) has been competitively offering financial solutions in terms of banking and loan services. Founded in 1851, BPI was then named as named El Banco Español Filipino de Isabel II, now it is known as one of the go-to banks of Filipinos from various walks of life.
BPO agents never fail to rank as the one of the highest paid job in the country in the annual list of both JobStreet and Department of Labor and Employment (DOLE). Each of us has at least one friend or relative who are call center agents and the stories about those agents who are unable to save and in need of immediate cash are not new.
Nowadays, it seems to be able to survive here in the Philippines, we have to resort to loans. Since we are a family oriented country, most of us will do anything to see our relatives getting the comforts we can best give, even resorting to loans just to give what they want.
Who among Filipinos hadn’t experience borrowing money from a family member, a friend, a moneylender, a “Bombay,” or a bank? Even businessmen borrow money, let alone those who work at a minimum wage each day. “Utang” is a part of Filipino culture prominent enough to have caught the attention of Pres. Rodrigo Duterte.
With the worsening traffic in Metro Manila, having a car to those who live in nearby areas yet work in the capital is now a necessity. We used to think cars are only for the rich, yet in recent years it has been made more attainable with the use of affordable car loans.
Applying for a personal loan has been easier now that Filipinos have various options where to get loans and which loans should best fit their needs. However, although there are laws and regulations to prevent opportunists from taking advantage of Pinoys’ financial needs there are still a lot of loan sharks lurking around to get an easy prey.
