Step-by-step Guide on What to Do When You Get Into a Car Accident

Getting involved in a car accident may be a horrifying experience for anyone. They occur without warning, and sometimes, in spite of you following all of the necessary precautions, things would still get out of hand. In such case, one must not forget the golden rule when it comes to emergencies: Do not panic. Things went wrong during your travel, and you definitely wouldn’t want everything to get worst just because you lost your composure amidst a tough obstacle. To further assist you, we had enumerated a few step-by-step guides of what to do when you get into a car accident:

Step 1: Check yourself for injuries.

Don’t just try to get out of the car immediately, analyze your situation. Do you feel any pain after the impact? Can you move? These things should be put into consideration due to the fact that any sudden movement may aggravate an injury further. Check yourself thoroughly and only get out of the car or wreckage once the coast is clear. If you’re not travelling alone, check on your passengers. Are there any signs of wounds or bruises? Would they be able to get out of the car after? It would be great to have one of you be able to get out of the wreckage in order to help the other person get out. On the other hand, if both of you are stuck, using your cellphones would be a great option to ask for help.

Step 2: Get to safety.

If you’re able to, move to the side of the road or a sidewalk. If your car isn’t much of a wreck and is still safe to drive, pull it to the side of the road, otherwise, leave it where it is and get yourself and your passenger/s to safety.

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Step 3: Call the authorities.

Regardless if it is a minor or major accident, you would still need to contact the police to file a report on the situation. This would help smoothen out the negotiation when it comes to repairs and compensation for the injuries between those who were involved in the accident.

Step 4: Exchange information with the other party.

When everything’s all set and both involved parties are safely out of their vehicles, you may need to exchange information and contact details in order to coordinate about the damage. Such important information includes:

  • Full name and contact information
  • Insurance company and policy number
  • Driver’s license and license plate number
  • Type, color and model of vehicle
  • Location of accident

It is important that you avoid discussing fault when going over the facts with the other driver, to ensure that there would be no conflict amidst the negotiation.

Step 5: Notify your insurer and start the claims process.

After exchanging details, you may want to contact your insurance agent next, that way, they can tell you exactly what they will need to in order to process your claim and what to expect during the claims process. The process time would depend on your coordination and willingness to provide the details of the accident, so be vigilant, be patient, and state only the facts.

Speaking of car insurance, you’d definitely go for a full-pledged service that has nothing but your best interest in mind. With that being said, nothing beats Cebuana Lhuillier’s AutoCARE Insurance, a Standard Comprehensive Car Insurance that covers Own Damage (OD), Theft, Loss and/or Damage. Excess Bodily Injury (EBI), Excess Property Damage (EPD), and Acts of God/Nature (AOG/AON). So what are you waiting for? Visit your nearest Cebuana Lhuillier branch now – we assure a fast, easy and secure transaction.

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How Can Microinsurance Benefit You against Natural Disasters

Natural disasters are very unforgiving and unpredictable. While there are weather reports that would protect and warn us from any type of monsoon, there will always be possibilities of a very hazardous climate, depending on the situation. The cloudy calmness of the day may turn out to be the center of the storm, giving you no choice but to face the wind turbulence later on. In such case, you would need protection amongst time of turmoil and typhoons, and we’re not just talking about physical shields against natural disasters. Availing microinsurance coverage is always a wise decision when it comes to reducing the cost of damage repairs. Regardless of its premiums, as long as you have microinsurance implemented, you’d be doing better after a storm. You may ask, what are the benefits of microinsurance against natural disasters? Well, look no further than the following:

1. Protection for your home.

Our homes are always the frontliners when it comes to storms, hence, it should only be fitting for it to be included within the coverage. There are premiums tackling loss protection to buildings and residential dwellings including their contents against perils of fire, lightning and other allied perils such as earthquake, typhoon and flood. Hence, you are given enough option and security to help you rebuild without too much of the hassle and the expense later on.

2. Protection for your business.

Aside from your home, your livelihood is also at stake. You wouldn’t want all of your hard-earned savings to be used solely for the rebuilding of your tarnished business, do you? Whether it’s a small time or big time business, you must implement microinsurance coverage on it as well, so that you would not be burdened with a huge amount of repair expenses thereafter. Some business microinsurance coverages are too flexible that they are even identified as Personal and Property Insurance specifically designed for clients with micro, small, and/or medium enterprises or businesses, covering property insurance, burglary and robbery, accidental death, permanent disablement and dismemberment, accident medical reimbursement (AMR), and money, securities, and payroll coverage.

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3. Protection for your vehicle.

Microinsurance coverage isn’t limited to your home and businesses; you may also get one for your car or vehicle. There are such things as Acts of God/Nature or AOG/AON, which basically refers to natural disasters. This is included within most insurance policies, as obviously, it isn’t your fault that a storm decided to drop by in your vicinity and destroy all of your beloved possessions, including your ride. Feel free to discuss this with your insurer to make the most out of your coverage and claims.

With all of those in mind, you may definitely want to weight in your options, analyzing which establishment would be best for availing a microinsurance premium and coverage. Look no further with Cebuana Lhuiller’s Microinsurance Services, affordable insurance products to help Filipinos avail of financial services and privileges that higher-income earners have easy access to, with innovative microinsurance products and services that promise to minimize impact of distress and misfortune on one’s financial position. Feel free to visit your nearest branch for more information.

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5 Situations When a Personal Loan can be a Smart Financial Move

All of us have our own financial obligations, may it be a debt or simply our monthly bills. For some, it wouldn’t be much of a hassle, as we definitely have jobs to pay them all off. However, there are also those who struggle with their budget, owing to the fact that they are only able to get the exact amount per payday. With that in mind, applying for a personal loan is one way to acquire a certain amount of money to tend to our financial obligations. It’s easy and practical, all you’d have to do is pass the needed requirements, and you’re all set to spend the approved amount as you please. You may ask, how important would a personal loan be to pay off certain debts? When would be the best time to apply for a loan? Well, here are a few examples of those financial obligations where you may wisely utilize your personal loan on:

1. When You Need to Pay Off Credit Card Debt

This is important, especially if you are hoping to have a positive credit score. Credit card debts can be a hassle if left unattended and unpaid for a long time. Aside from the fact that it affects your credit score, it also accumulates penalty overtime. As much as you’d like to make it a habit to immediately pay off your credit card obligation, you are left with no choice when the budget is insufficient, and you may need to borrow cash, just to tend to this debt. Do not make this same mistake, use your personal loan instead.

2. When You Need to Pay for Medical Bills

Emergencies can happen out of nowhere. When you least expect it, an accident, injury, or illness may occur, after which, you may need to bring yourself to the doctor to be checked. Due to the current situation of our economy, medical bills are too high, which is why it is always good to have an extra amount ready at all times. Your personal loan may be able to help you erase any medical bill, especially if you’re mostly relying on a promissory note, just to be cleared from hospital confinement.

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3. When You Need to Prepare for Unexpected Expenses

Aside from personal emergencies, other unexpected things might happen that is sure to catch you and your budget off guard, like a broken down car or fridge. Even though you have enough money in your savings account, paying for these unexpected expenses with a personal loan could be your best choice. When you take out a personal loan to cover these expenses, you help build your credit score and further protect your savings as a whole.

4. When You Need to Prepare for Vacation Expenses

We all need a vacation every once in a while. You may think that your savings are sufficient enough for the trip; however, travel expenses also include accommodation and souvenir tip-offs, which is why it is always good to have a little extra cash. Before heading out to the white sandy beaches, make an appointment to apply for a personal loan. Not only would it provide you with extra pocket money for your trip, it would also give you an opportunity to plot out the other possible fees of your travel (think of all the excess baggage fees that you had encountered before).

5. When You Need to Have a Home Renovation

Home is where the heart is, which is why you should do your best to maintain it and to keep it as clean and virtually conducive to live in. Getting your leaky faucet and roof holes fixed would not only bring about a positive ambience to your home, it would also provide that warm feeling of safety and comfort.

So, are you finally convinced that a personal loan does wonders for your financial obligations? Why not apply for one now? Look no further than Cebuana Lhuillier’s Happy Loan, a multi-purpose loan amounting to Php 5,000 up to Php 15,000 offered to any individual who is employed, self-employed, student, or a remittance beneficiary. Our network of more than 2,200 branches and online presence give customers unlimited access and utter convenience in applying for a loan. Our five-point application to disbursement process ensures services are delivered on time.

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4 Money Management Tips for Small Businesses

There are countless ways in managing your business well. You may try to look at books dedicated to such topic while also getting advice from others who were able to successfully convert their startups into big time enterprises. The thing about small-time businesses is that they are much easier to handle, owning to the fact that they are much simpler in scale. This, of course, doesn’t take away from the fact that it is still a challenge to maintain a business’ good run. You have to please your customers and keep your inventory in line with the demand (no matter what products or services that you are offering). And then, there is the main corner stone of your livelihood, money. In order for your venture to have an effective cash flow, proper money management should be practiced at all times. With that in mind, we had enumerated 4 money management tips for you to implement, in order for your business to be successful:

1. Budgeting

First of all, know what you’re going to do with your money. Yes, it’s cash set aside for the daily operations of your business, but you should be more specific as to which amount should be used for which and how much. Knowing the details of your every cent would not only create an effective cash flow in your business, it would also bring out efficiency in your income.

2. Saving

Once you receive a certain amount of cash flow, you should set aside a few, not to be used for any other part of your venture, and neither should you use it for personal use. Remember, there will always be unforeseen circumstances when it comes to businesses, and not leaving any emergency fund behind would make it difficult for you to rise up from any financial obstacle in the long run.

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3. Onboarding a CFO or Finance Consultant

As they say, two heads are better than one. Don’t just listen to your own opinion; seek the advice of a professional, specifically those who have a deep background in financial and marketing. Not only would they be able to provide valuable advice on your income and expenses; they may be able to provide valuable ideas as well on how to increase your sales and income. Always remember that no man is an island. No one ever became successful all by themselves.

4. Creating strategies to boost cash flow

Know what makes your customers tick. Get to know what they want and what attracts them most to a product or service. The thing about market research is that it’s spontaneous and unpredictable, which makes it easier for you to come up with new gimmicks to promote your business. Yes, your goal is to earn more income, but you should not forget as well that it’s the customers who are paying you with their hard-earned money, and that by playing by their rules can you only then score their trust and appeal on your products.

Get a jumpstart on your business venture with a trusted name that offers only the best service possible. Cebuana Lhuillier’s Lucky Loan is definitely your top choice. It is a multi-purpose loan offered to registered entities such as tricycle operators, credit cooperatives and other groups, as well as SMEs such as restaurant and mini groceries, among other businesses. Our network of more than 2,200 Cebuana Lhuillier branches and online presence give customers unlimited access and utter convenience in applying for a loan. Our five-point application to disbursement process ensures services are delivered on time. So what are you waiting for? Visit your nearest Cebuana Lhuillier branch now – we assure a fast, easy and secure transaction.

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Best Gadgets to Pawn Online

So you’re interested to try to pawn your gadget online? It’s a fast and convenient way to get the extra cash you need to get by especially if you do not have the luxury of time to visit the bank and go through the tedious process of applying for a loan.

Gone are the days that only jewelry items are accepted for pawning. Gadgets can now be pawned off in exchange for the extra cash you need. The type of gadget and its physical and working conditions are just some of the factors pawning services consider in the appraisal of your pawning application.

Just in case you are not quite sure which items can be pawned online, we’ve listed some examples below:

Smartphones

Of course, it would be first on our list. Every one owns one, even two! A smartphone would be one to present itself as the modern Swiss army knife, being multi-purpose and costly. Regardless of their brand and model, smartphones (or basically cellphones, as they were used to be called) are a normal part of our everyday lives now. You can’t leave your home without one, and neither can you get through a single day without using one. Depending on the wear and tear and year of release, your pre-loved smartphones may be pawned for a decent amount, enough to get you through a month’s budget.

Laptops

Laptops are basically mobile desktop computers, so they would definitely sell for a good price, given their portability and convenience. Yes, the features of the laptop would be a factor for its price range, but if it’s well taken care of by the owner, the lack of wear-and-tear would also guarantee that you receive a decent amount in exchange for it.

Tablets

Not to be confused with smartphones, tablets are also a prime example of mobility and portability. Think of it as a type of smartphone, but with a larger screen. You may ask, why would I need a larger screen which has similar features of that with a smartphone? Simple, it has a much bigger memory, much faster processor (for those very demanding apps and games), and even has a better camera than your beloved phones at times. This is also attributed to business minded people, as a larger screen would enable typing and e-mail checking easier to the eyes. These features would definitely enable a higher pay when pawned.

If you’re not yet ready to pawn items online and would prefer looking for a trustworthy pawn shop that would provide you with the best service possible. No worries, as Cebuana Lhuillier has got your back. But before going to the nearest brach near you, you may also want to know the estimated return amount of your pawned gadgets and the possible requirements within the process. With our Online Appraisal Calculator, you would be able to get an estimate amount of your item’s worth, get a glimpse of the valid IDs accepted in our transactions, and even have a general idea of the items we accept in our 2,000 branches nationwide. Feel free to explore our official Cebuana Lhuillier website now!

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TodaCARE: The Microinsurance for PUV Drivers

Recent data from the Insurance Commission showed that a total of 26.6 million Filipinos are covered with microinsurance as of the end of first quarter of this year.  The industry is optimistic that microinsurance coverage will increase to over 31 million Filipinos by end of this year as more products are offered at very affordable premiums. One type of microinsurance being offered is TodaCARE, a Group Personal Accident insurance policy by one of the leading and largest non-bank financial services provider in the country.

In the Philippines, all vehicles must have an insurance prior to the approval of their registration at the Land Transportation Office (LTO), whether the vehicle is for commercial or private use. The basic coverage required shall answer for the death, disablement and medical expenses incurred by a person injured because of an accident that involves your vehicle. This includes Public Utility Vehicles (PUVs).

An example of microinsurance for PUV operators is CebuanaLhuillier’s TODACARE. This policy is a Group Personal Accident insurance specially designed for transport group leaders, officers and members. It covers:

Accidental Death

Disablement & Dismemberment (ADD&D)

Permanent Total Disability (PTD)

Murder and Unprovoked Assault (MUAAccident Medical Reimbursement (AMR)

Burial Benefit (accident/sickness)

Accident Daily Hospital Income (DHI)

This insurance policy only requires a minimum number of 10 enrollees aged 18 to 65 years old. Individuals above 65 years old,may be accepted but subject to 50% cover of the total sum insured for all benefits.

Cebuana Lhuillier’s TodaCARE microinsurance policy offers 24-hr protection for tricycle, taxi and jeepney drivers against accidents.

The coverage of TodaCARE by Cebuana Lhuillier’s Microinsurance are as follows:

  • Accidental Death, Dismemberment & Disablement (Php 50,000)
  • Accident Medical Reimbursement (Php 3,000)
  • Burial Benefit – Accident/ Sickness (Php 50,000)
  • Murder and Unprovoked Assault (Php 50,000)
  • Permanent Total Disability (Php 50,000)
  • Daily Hospital Income (Php 100)

Microinsurance such as TodaCARE is a great financial innovation, add to that that this is offered by Cebuana Lhuillier makes it all the more beneficial.

1. Reap high benefits at a low premium

Similar to the other microinsurance products offered by the leading microfinancial company Cebuana Lhuillier, TodaCARE is offered at a low premium. This type of financial product best serves those who cannot afford to pay higher premium.

2. Accessible financing all over the country

With over 2,000 branches nationwide, Cebuana Lhuillier stays true to its mission to enable more Filipinos to gain access to financial institutions.

3. Easy and fast processing

Cebuana Lhuillier not only offers low premiums but it also made its services convenient to lessen the distress and hassle faced by Filipinos. Deciding to purchase a policy insurance is made easy by visiting any Cebuana Lhuillier branch near you, submitting the documents needed and signing the necessary paper works.

Public Utility Drivers face the risk of accidents every time they go out on the road to earn for their families. Having an insurance that is affordable and offered by a reputable company guarantees that there is financial assistance to take care of their families when anything happens. Taking this precautionary measure of saving for the rainy days is something that would indeed be helpful in the long run.

Unsure if You Need a Loan? Answer These Questions First

Decision making is a major part of our everyday life. We have to choose wisely as most of the time, making a wrong decision may get us into an unwanted situation, especially if it involves money. In this very same case, initiating to get a loan would help us receive the financial help we might think we need. However, it isn’t just a matter of you simply receiving the amount, it’s also about the requirements and policies that you’d have to follow in order to attain your personal loan. With that in mind, here are a few important questions to answer first before applying for one:

1.  Are you at the right age?

You may think that this would solely refer to 18, however, most companies and establishments would actually require you to be at least 21 years of age. Being at this particular age would estimate that a person would at least have a job and means of earning by then, not to mention, the required government I.D.s to back it up. You may ask, what does having a job have to do with getting a loan? Well, the answer lies in the next important question.

2. Would you be able to pay back?

First of all, let’s define what a personal loan is. Simply put, it is any amount of money borrowed from an individual or a financial organization. Notice the word “borrowed.” This is why it’s a requirement to have a job before applying for a personal loan, since you would not be able to pay back the borrowed amount if you have no means of earning cash. Take note of this, as the company or establishment that you would “borrow” the money from would require paperwork as proof that you indeed have a job.

3. What would be the amount that you’re going to loan?

Of course, never forget to determine the amount that you’re hoping to receive. You may need to explain this as well to the representative when applying for the loan since they would determine whether you would be approved to receive your desired amount, or perhaps lower than what you expected. Your job and monthly earnings would come into play at this point, since loaned money is borrowed money, and you can’t pay back borrowed money if your earning isn’t living up to the amount that you wish to acquire.

4. Do you have a good credit rating?

A credit rating is defined as the estimate of the ability of a person or organization to fulfill their financial commitments, based on previous dealings. So basically, this is a record of your past transactions (whether you had borrowed money in the past) and if you were able to pay your past debts or not. When applying for a loan, the establishment would look into this and determine if they can trust you to pay for the money you are requesting to borrow. A good credit score would help with your application, while a bad credit score may ruin your credibility for a loan.

5. What would be the purpose of your loan?

There is a reason why you would like to apply for a personal loan. You may either want to consolidate your credit card debt, for home improvement purposes, to invest in your business or simply to take a vacation. Regardless, knowing the purpose of your loan would help you not only receive the best deal out of the whole process but also remind you of the terms involved in the underlying payments that you would have to accomplish after a set amount of time.

After reading through our tips, the next step is to find a loaning institution that would best fit your financial needs. Look no further than Cebuana Lhuillier’s Happy Loans, a multi-purpose loan amounting to Php 5,000, Php 10,000, or Php 15,000 offered to any individual who is employed, self-employed, student, or a remittance beneficiary. Our network of more than 2,000 Cebuana Lhuillier branches and online presence give customers unlimited access and utter convenience in applying for a loan. Our five-point application to disbursement process ensures services are delivered on time. So what are you waiting for? Visit your nearest Cebuana Lhuillier branch now – we assure a fast, easy and secure transaction.

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Self-Assessment and Loan Pre-Qualification

You’re short in cash but you need the extra cash to pay something as soon as possible. You think of many ways in order to earn a few pesos. However, you also wouldn’t want to waste time in trying out any other process and risk yourself vulnerable to more problems. You think of borrowing money from friends, but you had already borrowed enough in the past and are feeling a bit embarrassed to do borrow again. No worries, you can always apply for a personal loan. The question now would be, “if I apply for a loan, what are the qualifications?” Here are just a few qualifications to get a loan:

1. What to use the loan for.

First things first, why would you like to apply for a loan? What is the purpose of your application? Once you have the money, where are you going to use it? These are important questions you may have to answer in order to qualify for a loan. Lending companies would definitely like to validate if the applicant is a trustworthy person, and an honest answer would be greatly appreciated.

2. Your credit history.

Your past does define your future, especially with your credit score. If you have a clean record when it comes to paying your debts, then you have a higher chance of receiving a loan approval. However, if you have a negative history when it comes to your past obligations, then you may have a lot of explaining to do in order to get your loan approved.

3. Your ability to pay back.

A loan is basically borrowed money, so it’s just natural for the lending company to analyze whether you would do well in paying money that you owe them, before even approving your loan application. While your credit history may give a glimpse of your characteristics as a borrower and a payer in the past, the current analysis of your present means of income would give them an idea whether or not you have improved your ways in paying your debt/s and are actually capable of repaying this borrowed amount.

4. Your payday loans are also checked in the process.

According to a recent report, “some lenders also check out your bank accounts and lines of credit that aren’t reported to the credit bureaus. Short-term loans, sometimes called ‘payday loans,’ are an example of a credit line that usually isn’t reported.” Hence, even though some lenders use alternative types of data to supplement their loan decision-making process, borrowers shouldn’t underestimate the value of their credit score.

5. Your financial paperwork.

Income tax returns, bank statements and college records are just a few examples of these. In some cases, the lender already knows a lot about your financial situation. A sample indicator would be the so-called signature loan, a lending vehicle that uses the borrower’s signature and promise to pay as collateral. With this type of personal loan, the lender doesn’t ask for or verify much information beyond your identity. In such case, it is better to give all of the needed information and answers when asked about your financial activities before, so it may match with the “investigation” done by the lending company.

If it’s a loan you’re looking for, then Cebuana Lhuillier’s Lucky Loans should definitely be your top choice. It is a multi-purpose loan offered to registered entities such as tricycle operators, credit cooperatives and other groups, as well as SMEs such as restaurant and mini groceries, among other businesses. Our network of more than 2,000 Cebuana Lhuillier outlets and online presence give customers unlimited access and utter convenience in applying for a loan.

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6 Money Saving Tips for Millennial Travelers

Millennials love to travel. Our social media accounts are full of destination pictures, delicacy shots, and replayable landmark poses. Some of us prefer visiting our very own local sandy beaches, while others may prefer to go out of the country, to a much colder climate. Yes, vacations vary in length and destinations. However, there is one common factor that these varying vacations are always involved with, namely, the price. Travel and accommodation expenses are not cheap. Even with promos, they may take away more than a cut-off’s worth of pay, leaving you with little to no remaining cash at all. In such case, there are such things as life hacks that may help you to save up before and during your vacation. Here are just a few to keep you covered:

1. Learn to look for a local place to eat.

Tourist spots are always filled with expensive restaurants. Do not let this tempt you into spending more than what you need to. Remember, the main purpose of eating is for you to gain energy for your fun time and travel, and not to have something expensive to post on your social media page. Local dining places are a lot cheaper than restaurants.

2. Learn to commute like a local.

Tourists are often convinced by taxi drivers to take a much faster route, albeit a more expensive price. Avoid doing this mistake. Ask around for local routes and guidance with the help of locals. The good thing about this is that you would be able to take the scenic route (regardless if it’s the tropical bushes of Boracay or the winter wonderland aura of Switzerland), making your vacation more magical and social media-worthy.

3. Get into Couchsurfing.

This new trend enables you to have free accommodation at your destination, even for a few days. Basically, you communicate with the owner of the house abroad, and then, you would be allowed to stay in their home for free (in some cases, there is even free food!) This would not only provide you a chance to save on expensive hotels, but also, to learn the culture of your host and their lifestyles.

4. Try to haggle.

We are the masters of this craft, so why not do so when you reach your destination. Buying souvenirs can be costly, as the locals may take advantage of you being the tourist who does not know their regular price from those which are over the limit. A small keychain may cost more than the usual hundred, so why not bargain and ask if you may instead buy two for the price of one. It never hurts to be wise, the same way that it wouldn’t hurt to save in your trip.

5. Do your best to familiarize yourself with the place.

The internet is your friend, so use it well. Before leaving your country of origin, do some research, study their language, save up a map on your smartphone. Knowing their means of communication and their directions would definitely help you save by not getting lost and solely relying on taxi drivers to show you the right way.

6. Limit your souvenirs.

We Filipinos love to bring home gifts to our loved ones. However, you do not need to give everyone a treat, especially when you’re on a tight budget.

Of course, when we’re talking about savings you make from your travels, we’re also mentioning a place where you may keep your remaining cash in tow. If you’re a resident of Cavite and Batangas, then the Cebuana Lhuillier Rural Bank is your one-stop spot for opening your own savings account. All transactions are real-time, erasing all the hassles that you may experience in other establishments. So what are you waiting for? Visit the Cebuana Lhuillier Rural Bank now – we assure a fast, easy and secure transaction.

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Improvements on Money Remittances in 2017

The prices of products in the market commonly fluctuate, which is why we are always kept on our toes when it comes to our budget and other matters of finance. So far, 2017 has seen a couple of positive outcome, which may provide a preview of its positive outlook as well in the coming months and years. With that in mind, here are a just a few examples of the “good news” in money remittances for 2017:

1. OFW remittances hit record $2.91 Billion last March.

Yes, you’ve read that right. It’s that much. To give everyone a much statistical view, this year’s personal remittances so far booked a double-digit growth of 11.8% to a record high of $2.91 billion in March from $2.61 billion in the same month last year, eclipsing the previous record of $2.82 billion booked in December last year. When compared to a Filipino cinema movie, that equals to a box-office hit.

2. According to analysts, our remittances are expected to grow by 5% more this year.

If you think the first one was good news, then here is a better one. According to a financial analyst, the remittances by OFWs rose by 7.1% in May, rebounding strongly after a contraction in April. The May figures mean that total personal remittances for the first five months of 2017 are up by 5.2% compared to the same month last year.

3. It’s all for a good cause.

According to a recent endorsement file presented by the United Nations, “Migrant remittances lift millions of families out of poverty across the world, as well as provide invaluable support to their communities of origin. More specifically, remittances contribute to the improvement of food security, education, health, wellbeing and housing for individual families, and have a positive impact on savings, investments, and job creation in their home communities.”

4. A faster remittance processing.

Remittance centers are getting ahead of the game. Meaning, they are always on the lookout when it comes to improving their services. It is not unusual for people to choose an establishment which provides its customers with fast and easy transactions, and remitting money is now made simpler than ever. You no longer have to wait in line for a long time when sending or receiving remittances, especially when you immediately need the cash. 2017 is the year for a much improved service from money remittance centers, and receiving your money on-time is one key evidence that the improvements will not stop.

5. An expanded money remittance network.

Speaking of convenience, you wouldn’t need to go far to find a remittance center. There are various branches and expansions that happened in this year alone. Last May, the country’s most reliable and trusted money remittance company – Cebuana Lhuillier – was placed under the spotlight with its expanded domestic money remittance service through the Pera Padala Agents Network, ensuring that you will find a Cebuana branch or agent at your convenience, anywhere, anytime.

With all of these in mind, you and your loved ones are hoping for a remittance service that would only provide the smoothest transactions possible, with no hassle and delay along the way. Well worry no more, as we at Cebuana Lhuillier offer our Pera Padala Service, an easy, quick, and safe way to send and receive money. With more than 2,000 branches nationwide and more than 1 million international partner locations worldwide, this money transfer service is made available to clients within and outside the Philippines.

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CORPORATE AGENT PARTNERS

  • ACTION.ABLE, INC.
  • ALL ACCESS GATEWAY INC.
  • ANTRECCO (AGUSAN DEL NORTE TEACHERS, RETIREES, EMPLOYEES & COMMUNITY COOPERATIVE)
  • ACM VIP
  • ALL CASH
  • AGRILIFE/ AGRIVET
  • ASENSO PINOY STORE, INC. (EASY DAY SHOP)
  • AVICOM ENTERPRISES
  • AYALA ALABANG VILLAGE ASSOCIATION
  • BAUG CARP MULTI PURPOSE COOPERATIVE
  • BAGUIO BENGUET COOP
  • CARD BANK INC
  • CARD MRI RIZAL BANK INC
  • CARD SME BANK
  • CARITAS BANCO NG MASA, INC.
  • CEBU PEOPLE’S MULTIPURPOSE COOPERATIVE
  • CIS BAYAD CENTER, INC
  • COOPERATIVE BANK OF BOHOL, INC
  • COUNTRY BUILDERS BANK
  • CREDENCE FINANCING, INC.
  • CURAMED PHARMACY
  • DALTON PAWNSHOP AND JEWELRY INC.
  • DANIELA PAWNSHOP
  • DIRECT AGENT 5 (DA 5)
  • DEVELOPMENT BANK OF THE PHILS.
  • EXPRESSPAY INC.
  • EVRIJEM FOREIGN EXCHANGE AND MONEY REMITTANCE
  • FILHAI MULTI PURPOSE COOPERATIVE
  • GLOBAL PINOY REMITTANCE AND SERVICES (GPRS)
  • GEMARY PAWNSHOP AND JEWELRY (CORP.)

OVER 600 BILLER PARTNERS NATIONWIDE

  • 123 FINANCE CORPORATION
  • 123 LENDING CORPORATION
  • 2C2P
  • 8AMC (VIA ECPAY)
  • ABEJO WATERS CORP.
  • ABRA
  • ACOM CONSUMER FINANCE CORPORATION
  • ACTIVE REALTY & DEVELOPMENT CORP.
  • ADA MANUFACTURING CORPORATION (VIA ECPAY)
  • AEON CREDIT SERVICE
  • AETERNITAS CHAPELS AND COLUMBARIUM (VIA ECPAY)
  • AFC SME FINANCE INC
  • AFTERWEST MICROLOANS INC
  • AGODA – DRAGONPAY
  • AGRIBANK
  • AGRO-INDUSTRIAL FOUNDATION COLLEGE OF THE PHILS.
  • AGUSAN DEL NORTE ELECTRIC COOPERATIVE, INC.
  • AIR YOU GO TRAVELS PHILIPPINES CO.
  • AKLAN ELECTRIC COOPERATIVE, INC.
  • ALAMINOS CITY WATER DISTRICT (VIA ECPAY)
  • ALLIANZ PNB LIFE INSURANCE INC.
  • ALPHA FUND SAVINGS & CREDIT COOPERATIVE (VIA ECPAY)
  • AMADEO WATER DISTRICT (VIA ECPAY)
  • AMYA POLYTECHNIC COLLEGE, INC. AND FINANCING CORPORATION (LENDPINOY)
  • ANGAT WATER DISTRICT (VIA ECPAY)
  • ANGELES ELECTRIC COMPANY ANGELICUM SCHOOL , INC. ILOILO CITY (VIA ECPAY)
  • ANJELMAN REAL ESTATE LEASING
  • ANTIQUE ELECTRIC COOP, INC ANTRECCO (BILLS PAYMENT)

OVER 600 BILLER PARTNERS NATIONWIDE

  • 123 FINANCE CORPORATION
  • 123 LENDING CORPORATION
  • 2C2P
  • 8AMC (VIA ECPAY)
  • ABEJO WATERS CORP.
  • ABRA
  • ACOM CONSUMER FINANCE CORPORATION
  • ACTIVE REALTY & DEVELOPMENT CORP.
  • ADA MANUFACTURING CORPORATION (VIA ECPAY)
  • CREDIT SERVICE
  • AETERNITAS CHAPELS AND COLUMBARIUM (via ECPAY)
  • AFC SME FINANCE INC
  • AFTERWEST MICROLOANS INC
  • AGODA – DRAGONPAY
  • AGRIBANK
  • AGRO-INDUSTRIAL FOUNDATION COLLEGE OF THE PHILS.
  • AGUSAN DEL NORTE ELECTRIC COOPERATIVE, INC.
  • AIR YOU GO TRAVELS PHILIPPINES CO.
  • AKLAN ELECTRIC COOPERATIVE, INC.
  • ALAMINOS CITY WATER DISTRICT (via ECPAY)
  • CREDENCE FINANCING, INC.
  • CURAMED PHARMACY
  • DALTON PAWNSHOP AND JEWELRY INC.
  • DANIELA PAWNSHOP
  • DIRECT AGENT 5 (DA 5)
  • DEVELOPMENT BANK OF THE PHILS.
  • EXPRESSPAY INC.
  • EVRIJEM FOREIGN EXCHANGE AND MONEY REMITTANCE
  • FILHAI MULTI PURPOSE COOPERATIVE
  • GLOBAL PINOY REMITTANCE AND SERVICES (GPRS)
  • GEMARY PAWNSHOP AND JEWELRY (CORP.)

List of Accepted Government/ Valid IDs

  • Passport
  • Driver’s License
  • Professional Regulation Commission (PRC) ID
  • National Bureau of Investigation (NBI) Clearance
  • Police Clearance
  • Postal ID
  • Voter’s ID
  • Philippine Identification System (PhilSys) ID
  • Government Service Insurance System (GSIS) e-Card
  • Social Security System (SSS) ID
  • Senior Citizen’s ID
  • Overseas Workers Welfare Administration (OWWA) ID
  • OFW ID
  • Seaman’s Book
  • Alien Certification of Registration (ACR)
  • Barangay Certificate or ID (with picture and signature)
  • Birth Certificate (applicable to minors only)
  • Firearm License
  • Immigrant Certificate of Registration
  • Marriage License
  • National Council for the Welfare of Disabled Persons
  • New TIN ID
  • OWWA ID
  • Student ID
  • Alien Certification of Registration (ACR) / Immigrant Certificate of Registration
  • Government Office or Government Owned and Controlled Corporations (GOCC) ID (e.g. AFP ID, HDMF (Pag-ibig Fund) ID, etc.
  • Certification from the National Council for the Welfare of Disabled Persons (NCWDP)
  • Department of Social Welfare and Development (DSWD) Certification
  • Integrated Bar of the Philippines ID (IBP)
  • Company IDs issued by private entities or institutions registered with or supervised or regulated either by the BSP (Bangko Sentral ng Pilipinas), SEC (Securities and Exchange Commission) or IC (Insurance Commission)

IDs Accepted

As required by Bangko Sentral ng Pilipinas (BSP), clients who engage in a financial transaction with covered institutions for the first time shall be required to present the original and submit a clear copy of at least ONE (1) valid photo-bearing identification document issued by an official authority. For our clients’ convenience, Cebuana no longer requires submission of the photocopied ID. IDs are captured using a webcam in all branches. Clients are also required to submit an updated photo and other relevant information whenever the need for it arises.

Forms of identification accepted are the following;

Pawn Accepted IDs
1. Passport
2. Driver’s License
3. Professional Regulation Commission (PRC) ID
4. National Bureau of Investigation (NBI) Clearance
5. Police Clearance
6. Postal ID
7. Voter’s ID
8. Philippine Identification (PhilID) card
9. Social Security System (SSS) Card / Unified Multi-Purpose ID (UMID)
10. Barangay Certification
11. Government Service Insurance System (GSIS) e-Card
12. Senior Citizen Card
13. Overseas Workers Welfare Administration (OWWA) ID
14. OFW ID
15. Seaman’s Book
16. Alien Certification of Registration/Immigrant Certificate of Registration (for foreigners)
17. Government Office and GOCC ID, e.g., Armed Forces of the Philippines (AFP ID)
18. Home Development Mutual Fund (HDMF ID)
19. Certification from the National Council for the Welfare of Disabled Persons (NCWDP)
20. Department of Social Welfare and Development (DSWD) Certification
21. Integrated Bar of the Philippines (IBP) ID
22. Company IDs issued by private entities or institutions registered with or supervised or regulated either by the Bangko Sentral ng Pilipinas, Securities and Exchange Commission or Insurance Commission
23. ID issued by the National Council on Disability Affairs (NCDA)