00 per month. Requirements on How to Apply for BDO Housing Loan. These are the qualifications that you have to meet to apply for a BDO OFW Loan to finance your housing goal: You must be 21-65 years of age in the duration of the loan.
You should have a gross income of 50, 000. 00 per month. If married, your gross monthly incomes are combined.
In other cases, theyll work out a payment plan with you so you can make repayments bit by bit. Then you can use the money you save on these bills to cover other expenses that are more urgent. Theres no guarantee lenders will work with you, but you have nothing to lose by asking. If your creditors arent willing to work with you directly, you can try to deal with your debts in other ways. Some options include: Credit Counseling. A credit counselor can help you set up a debt management plan, or DMP.
Under these plans, you make monthly payments to the credit counselor, and it pays your debts for you.
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Late Payments Hurt Your Credit Score. Please be aware that missing a payment or making a late payment can negatively impact your credit score. To protect yourself and your credit history, make sure you only accept loan terms that you can afford to repay.