Why Every College Student Needs Microinsurance

Microinsurance is usually seen as an adult matter. When you’re mature enough to work and move out of your parents’ house, you may consider the everyday risks that you’ll encounter, thus, prompting you to get a financial cushion with the help of various coverages and insurance options. However, do you know that there are also microinsurance options for college students? Yes, you’ve read that right, microinsurance extends even to those who aren’t even working yet (or at least trying to balance both work and studies, if ever they’re a working student). You may ask, what advantage would it give college students? What is the use of getting a microinsurance plan that early? Well, no need to look any further, as we have enumerated a few important reasons why:

     1) Stressful activities.

College students grind day in and day out, giving your all when it comes to your studies, hence it wouldn’t be much of a surprise that you tend to get ill as well on certain occasions. Stress and lack of sleep is common among hardworking students, and trying to balance both your academics and extra-curricular activities is no joke. You may either experience the cold, the flu, and even the heatstroke if you’re not hydrated enough for your daily university activities. In such case, what better way to prepare for such occurrences than getting a health insurance? It is natural for students to live on a limited budget, especially if they’re not a working student at all, hence a health insurance would help cut down on the medical bills if ever they would need to be treated or hospitalized due to extreme academic stress.

     2) Uncertainty when travelling towards school.

Accidents may happen in the blink of an eye. If a college student were to commute towards their university on a daily basis, they are at a much higher risk of getting involved in a road accident, the same as employees commuting to work daily. This risk is even doubled per day, as they do not only need to commute towards school; they also need to commute back at home after class has ended for the day. Acquiring health insurance (like in the first pointer) would reduce the amount of expenses garnered if ever an accident were to occur during your travels.

     3) It is a long-term safeguard, even after you’ve graduated.

Yes, your young body may be able to withstand the everyday stress brought about by your studies, but that doesn’t mean that it’ll stay that way forever. A human body can only take so much during its younger stages, but once you had reached and went beyond your mature stages, you are bound to encounter illnesses that can only occur in your old age. Now, don’t panic, it may sound scary, but this can actually be avoided if you take care of yourself during your early days, including your college years. Some health insurance coverage includes check-ups, so you may know the condition of your body, and do the health regimen to tone it well-enough for your old age. Think of it as a fruitful investment, rather than an extra bill that has to be paid.

With all of those in mind, you may definitely want to weigh your options, analyzing which establishment would be best for availing a microinsurance premium and coverage. Look no further than 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.

Image Source: https://bit.ly/2knKr65

Rejected Business Loan Application: What to Do Next?

Your business loan application has been rejected. Your bright vision of a simple startup venture suddenly turns gloomy and you have no idea how on earth you can bounce back after this. Yes, rejection is a common part of being human. There may have been other instances in your life in which you were rejected, yet, this may very well be one of the heaviest that you have ever experienced. Well, allow us to turn that frown upside down, as with all things in life, there will always be a solution and another chance for you. You may ask, what do I have to do in order to pass my next business loan application then? Look no further than our tips:

1) Never hesitate to ask for help.

You may ask assistance from a consultant regarding the next step that you would do. More often than not, there are details that we may have missed, causing the incompletion of our loan requirements, thus, ending in a negative result. A consultant may be able to point out your mistakes and shortcomings, and may even provide you with some valuable tips on how to bag the business loan application the second time around.

2) Be sure to garner feedback regarding the rejection.

Remember in your high school days, when you asked your parents to raise your lunch money, only to receive a firm “no” and a scolding to top it off? Your parents would explain why you were not granted such hefty request. The same goes for rejected loan applications; you must know why your business plan and ideas were rejected in the first place. You are bound to make the same mistakes over and over again if you do not know where you went wrong, so asking about what to improve on would definitely help you prepare the next time you decide to apply for a business loan.

3) Smoothen out your business plan and proposal.

It may have been due to the fact that your business ideas were not presented in a very complete and convincing manner, thus your application was rejected. Analyze what went wrong and focus on either changing or improving on that. Point out the weak part of your business proposal and convert it to a formidable plan, well enough to convince the lenders to chime in on your venture. Remember, not everyone succeeds on the first try, so be sure to give it another shot.

4) Settle your past debts.

Alas, the past always tends to get in the way of our future, especially if there are still unsettled concerns which were not dealt with. Your records may have been the reason for the lending company to reject your proposal, as any company or institution would have second thoughts approving your business plan if you were not even responsible enough to settle recent debts. One main way of showing that you are capable of fulfilling your future tasks ahead is by fixing your past records and resolving your unsettled accounts.

When you’re ready to give it another try, 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.

Image Source: https://bit.ly/2s1rUjQ

OFW Tips: How to Save Money Effectively

For an OFW, nothing can be more fulfilling than to be able to send money to your loved ones back at home. Not only would you be able to provide for your family’s needs, you’d also allow them to avail their wants every once in a while. It’s a token of your love, and definitely an indication of your support for your family. However, such may only be accomplished by two things: hard work and budgeting. You wouldn’t have to worry about being hardworking, as that is already one of your biggest traits. You wouldn’t be an OFW if you were not hardworking in the first place. The tricky part comes from the budgeting side. Simply put, this is knowing how to wisely spend your hard-earned money, so that you would still have sufficient amount left to send back at home. Here are a few tips to accomplish that:

     1) List down your daily expenses.

What better way to budget than to get a general view of your daily expenses. List down each and every one of them, from your usual transportation/commute fare up to your lunch money. Segregate those which you can live with and can’t live without. In this case, you can’t live without food; however, you may eliminate that extra snack in the afternoon if you’re not hungry during those particular hours. No matter how little you may save, it would accumulate well enough into a good amount.

     2) Plan your groceries.

Make a solid shopping list and buy only what you need. Soap, shampoo, toothpaste, etc. are definite must-haves, but if you’re not really much into other expensive grooming products (like hair gel and body spray) then by all means, take them off the list. Also take note of the annual sale, they are usually advertised through newspapers and magazines, so you’d be able to plan out better.

     3) Never use credit cards.

Yup, one main way of saving money is by not getting burdened with debt. Credit cards may promise a buy-now-pay-later scheme, but the interest rates may be unforgiving at times, and you wouldn’t want all your earnings to be spent on that. If you really want to purchase something for your loved ones (like a new cellphone for your spouse or a game console for your child), then you may canvas and ask around for a better deal, rather than be tied to a credit contract.

     4) If you can manage, get a part-time job.

It is common nowadays for OFWs to have more than one job. If your health and energy permit, then feel free to apply for a second one. Of course, be sure that you wouldn’t get into a conflicting contract with your current company, rather, go for a second job that would still allow you ample time for regular work and rest during day offs. The best way to save money is to earn more than what your average job has to offer.

     5) Never deprive yourself of your needs.

Yes, you may sacrifice the wants, but never sacrifice your needs. Being able to save does not mean you no longer have to spend money for food and toiletries; you still need to manage your health and your hygiene. Perhaps dining out on days off isn’t a bad thing, just as long as you wouldn’t overspend. Be in good shape, as medical bills would definitely drain your earnings. Keep yourself healthy and you’d never have to worry about other unforeseen expenditures in the long run.

With all of that in mind, you may have saved enough and finally be ready to send your hard-earned money to your family back at home; however, you are still undecided as to which remitting center you should transact with. Well no need to look any further. With Cebuana Lhuillier’s Pera Padala Service, you are ensured an easy, quick, and safe way to send and receive money. With more than 2,200 branches nationwide and accredited international partners, this money transfer service is made available to clients within and outside the Philippines. So for our beloved OFW patrons, feel free to visit any of our international partners – we assure a fast, easy and secure transaction.

For a complete list of our international partners, you may visit our website at https://www.cebuanalhuillier.com/pera-padala/.

Image Source: https://bit.ly/2s9aDFR

4 Factors to Consider When Sending Money to the Philippines

As OFWs, it is our obligation to make sure that our loved ones would receive our hard-earned cash. While working hard for a much better pay would be our starting point, the end-goal is always for our family to buy their every need (and even wants). In such case, the process involved in sending them the cash amount should be tight as a drum and secure. You may ask, “What would be the important factors to consider when sending money to the Philippines?” Well, look no further than a few of our tips:

     1) Always plan the transaction before doing anything.

The rule of thumb, look out for exchange rates. If it’s an emergency and a family member would need the cash amount in no time, then by all means, send it immediately. However, if it isn’t really an emergency and there doesn’t seem to be any rush in receiving the amount, then you may need to time it right. Exchange rates regularly differ; no one can predict them, except for expert financial analysts. In such case, you may need to monitor the constant changes online or via a phone app, and then wait for it to reach its peak. If the exchange rates reach their highest (meaning that your family would receive a higher amount back at home), then go for it!

     2) Take note of the transaction fees.

Every money remittance transaction would require an equivalent fee. The price varies, so you may need to look around for a different remittance center that would cater to your needs. Also be sure to ask for any hidden charges, as some centers are reluctant to share that type of detail. Once you find a remittance center with the lowest transaction rates possible, feel free to proceed. This is somehow related to the first pointer, in the sense that, they both require you to plan ahead and take time to look for a better option.

     3) A great customer service experience indicates proper management.

If in case you’d encounter a concern during the remittance process, the way it would be handled would be a reflection of the type of remittance center you are dealing with. Great handling by the agents would mean that they care about you and the money that you’re sending towards your family, well enough for the transaction to normalize and yield great results. Be sure to take note of your customer experience per remittance center, so you’d know who to go to the next time you’ll be sending money back at home.

     4) Take note of the remittance center’s reputation.

Do your homework. Read every review and customer experience that other OFWs have had from a particular remittance center. If the reviews are good, then you may proceed to transact. If you’d hear of negative feedback, however, then do not limit your options, find a more reliable center that would tend to your every need. A well-known remittance center with countless years of service would indicate a well-established management, one which you can really rely on.

Speaking of well-known remittance centers, you may be ready to send your hard-earned money to your family back at home; however, you are still undecided as to which remitting center you should transact with. Well no need to look any further. With Cebuana Lhuillier’s Pera Padala Service, you are ensured an easy, quick, and safe way to send and receive money. With more than 2,200 branches nationwide and accredited international partners, this money transfer service is made available to clients within and outside the Philippines. All transactions are real time, which enables clients to claim the money as soon as the sender completes the sending process in the branch. So for our beloved OFW patrons, feel free to visit any of our international partners – we assure a fast, easy and secure transaction.

For a complete list of our international partners, you may visit our website at https://www.cebuanalhuillier.com/pera-padala/.

Image Source: https://bit.ly/2s30lXx

3 Reasons Why Online Pawning Is Safer

Technology is a wonderful thing. Nowadays, you can do so much online that you weren’t even able to do so in the past. The possibilities are endless: you can order food, you can make a random purchase, and you can even monitor your stocks and private messages. Yes, the internet tends to provide the well-needed convenience that we have all been looking for, but do you know that you can also pawn online? Yes, you’ve read that right. Online pawning is the newest innovation that the web has to offer. It’s okay to be skeptic at first, as of course, all new things should be seen with an eye for precaution; however, the process of pawning online actually has a major advantage over the traditional way of pawning: Safety. Here are just a few pointers describing why online pawning is a much secure option:

1. Online pawning provides you your own secure account.

As with all social media apps, every individual account is segregated by their own details and passwords. This only means that a person would not be able to access another person’s account, unless they were given the critical details, such as the username, e-mail address, and password. Online pawning is no different, as every user or customer should register first before proceeding to transact in any pawning activities. This registration ensures that you have an account, unique only to you and you alone, including the access codes and other important details.

2. You can adjust your profile settings to tighten your online security when pawning.

Similar to other social media apps, you can also adjust your user and privacy settings. Think of it as a definite measure to lock out online crooks and hackers from your complete information. No longer would you need to worry about someone sneaking in to meddle with your pawning transactions; you can simply change passwords from time to time, adjust other privacy features, and see any transaction history in your account for good measure.

3. With an online account, you do not expose yourself to the risk of robbery or loss of the valuable item outdoors.

Simply put, you may accomplish the transaction within the comfort of your homes, away from the prying eyes of crooks in public. Unlike in traditional pawning procedures, in which you’d have to wait in line for your turn and risk being monitored by thieves, you can enjoy the pawning process within the four corners of your home, thus, saving you from any negative incident involving robbers and scammers.

With all of that being said, you may be looking for a trustworthy pawn shop that would provide you with the best service possible. You may also want to know the estimated return amount of your pawned items and the possible requirements within the process. No worries, as Cebuana Lhuillier has got your back. 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 2,200 branches nationwide. Feel free to explore our official Cebuana Lhuillier website now!

Image Source: https://unsplash.com/photos/gp8BLyaTaA0

How to Manage Your Income Using the 50/30/20 Rule

How to manage your income

We Filipinos are always on the lookout for ways to save money. The prices of goods aren’t getting cheaper and the cost of living has been higher than ever. In such case, we learn many money-savings tips along the way, but there is one which is currently stirring up attention. There is a procedure known as the 50/30/20 plan. You may ask, “What is this 50/30/20 plan and how does it work?” Well, here is a very simple explanation of this procedure:

The simple definition:

The plan’s basic rule is to divide the after-tax income, spending 50% on needs and 30% on wants while allocating 20% to savings.

For a much detailed explanation, here are the steps:

1. Determine your After-Tax Income.

Okay, so you’ve just received your salary and you’d want to find out what your After-Tax Income is. The simplest way to do this is by looking at your pay slip and deducting the amounts of tax, benefits, and healthcare (HMO) from your overall salary. The remaining amount would be your After-Tax Income. Easy right? Well, the next few steps are the real deal.

2. Allocate 50% of your After-Tax Income to your needs.

Simply put, divide your After-Tax Income in half. One half would be allocated to your needs, such as electricity, water, food, and even rent. Basically, anything that you wouldn’t be able to live without can be considered a need (though nowadays, even an internet connection may be considered a need, especially for work-from-home employees).

3. Limit your wants to only 30%.

Remember when we divided the After-Tax Income into two, with one half being allocated to your needs? Now, focus on the other half and take 30% from that, that 30% should be allocated to your wants. This does not mean you’d have enough for a new cellphone, luxury vacation, or even a car (more on that later); however, it may be used for, perhaps, the basic details of life that you enjoy, that cable bill, monthly streaming fee, and even that fancy restaurant across the street.

Take note that if ever there are leftovers from the 30%, you may set those aside for the other luxuries we had mentioned before, such as cellphone, luxury vacation, and new car.

4. Set aside 20% for your savings and debts.

No one wants to be indebted for long, hence you should set aside money for your debts and other unpaid balances. The 20% may not be enough, but just like the 30%, if there are leftovers from past cut-off payments, then you may accumulate the amount, and then pay them in full in the future. The advantage in this is, once everything has been settled, you’d finally be able to save up for future uses and other emergency expenses.

With all of that being said, you may be looking for more ways to acquire any extra amount. Why not apply for a personal loan then? Look no further than Cebuana Lhuillier. Our more than 2,200 Cebuana Lhuillier pawn shop branches offer utter convenience in applying for a loan, whether collateralized or non-collateralized. Our five-point application to disbursement process ensures services are delivered on time, so feel free to visit any of our branches nationwide.

Image Source: https://bit.ly/2wmysyj

How to Avoid Money Transfer Scams

As an OFW, it is our responsibility to provide for our families back home. It was our goal to find a greener pasture. When we finally find one, we are given more opportunities to share our blessings with our loved ones. But in spite of that, not everyone in our surroundings share the same humble goal as we do, and instead, do not have our best interest in mind. Case in point, there are money transfer scams, hoping to prey on unsuspecting individuals who are not cautious about their everyday transactions. Here are just a few tips in order to avoid money transfer scams:

1. Beware of suspicious e-mails.

Just last year, news broke out of a few OFWs being victims of money transfer scams via e-mail. The modus operandi was that a particular e-mail was posing as a family member message, asking for bank details and such. The unsuspecting victims then gave the required details, resulting to the loss of their savings and hard-earned money. Never give out your personal info online, especially if it has something to do with your financials. Remember, you are not sure of whom you’re really interacting with online, so be sure to check with family members if there really is an emergency back home before interacting further.

2. Quick-money opportunities.

Mostly found in social media sites, networking has been around for a few years now. There are countless promises of quick money, with the so-called “representatives” posing next to expensive cars, with a bundle of money in hand. If it seems too good to be true, it usually is. Do not fall for this scam; mainly because the only one gaining a huge amount of money is at the main peak of the scam pyramid, the “downlines” usually receive less to nothing at all. Never transfer “cash investments” when asked to and avoid dealing with their so-called “representatives.”

3. Use a well-known money transfer service.

One main reason of OFWs falling victim to money transfer scams is because they usually choose a money transfer channel which promises a reliable service, with no validity to back that up. These types of money transfer booths are unsecured, and full of security holes, which is why personal infos usually become compromised and reach the hands of scammers. Choose a well-known institution, with years of excellent service and unbeatable efficiency, only renowned by many of its clients worldwide.

Speaking of well-known remittance centers, you may be ready to send your hard-earned money to your family back at home; however, you are still undecided as to which remitting center you should transact with. Well no need to look any further. With Cebuana Lhuillier’s Pera Padala Service, you are ensured an easy, quick, and safe way to send and receive money. With more than 2,200 branches nationwide and accredited international partners, this money transfer service is made available to clients within and outside the Philippines. All transactions are real time, which enables clients to claim the money as soon as the sender completes the sending process in the branch. So for our beloved OFW patrons, feel free to visit any of our international partners – we assure a fast, easy and secure transaction.

For a complete list of our international partners, you may visit our website at https://www.cebuanalhuillier.com/pera-padala/.

Image Source: https://bit.ly/2JYOGQ7

Cebuana Lhuillier heightens presence in UAE

To further strengthen brand presence in the United Arab Emirates and Kingdom of Saudi Arabia, Cebuana Lhuillier participated in several local events such as Philippine festivals, sports events, and Filipino organizationled events. Among these include the recently concluded events like the FILCLUB Thanksgiving, United Boholanos Sportsfest, and the 6th UAE Sinulog Festival, which were attended by more than 6,000 Filipinos combined.

In an effort to inform Filipinos in the Middle East of Cebuana Lhuillier’s convenientinternational remittance services, the brand and its collaterals were mentioned in the program and prominently displayed in the activity venue. Similarly, attendees who registered in the Cebuana Lhuillier booth received branded giveaways.

5 Ways to Spot Fake Jewelry

Scams are rampant nowadays. You may encounter scams online, through the phone, and even in public places. This urges us to take cautious steps when dealing with a variety of people, especially those which we do not fully know. If your job involves dealing with jewelry, then it’s your obligation to avoid scams such as fraudulent sales and counterfeit gems. Here are just a few ways to identify and determine the authenticity of jewelry:

1. Color and markings.

There is a big difference between gold and gold-plated. Of course, you want to go for the former; however, the latter may very much look like the real deal, so it’s not surprising that many would be fooled into buying a gold-plated item, not knowing that it isn’t what they’d hoped for. Authentic gold has the Karat indicated on them; it may seem small though, so you’d definitely need a magnifying glass. A different metal underneath may also indicate a gold-plate, so be sure to inspect the jewels closely.

2. The magnet test.

Simply put, real gold isn’t magnetic. So holding a strong magnet nearby would determine whether or not it’s authentic. If the item were to be pulled towards the magnet, then it’s fake, but if it remains in the same position, then you may very well have real gold in your hands. Take note, however, that this isn’t a foolproof method, as crooks have recently adjusted to using non-magnetic materials for counterfeit gold.

3. Sharpness and roundness.

Another method is made possible with the use of a magnifying glass. When it comes to diamonds, you have to look closely. If a diamond’s edges are sharp then it is real, and if it’s rounded, you can very much be certain that it’s fake. Of course, it is not to say that all diamonds are perfect, as they are a natural stone and there will always be imperfections on them. Regardless, they are still worth a fair amount of money.

4. It’s usually in the mountings.

Want to determine whether or not a diamond ring is authentic? Real diamonds are usually mounted on gold and platinum. Fake ones, however, are found on gold-plated materials and silver, thus, you have multiple things to inspect when using this method.

5. Using sandpaper.

Here’s one “rough” way to check a diamond’s authenticity, by using sandpaper. Diamonds are hard, real hard! Hence, rubbing them in sandpaper will determine if they are fake or not. Real ones do not get scratched or damaged, while the opposite may be said for fakes.

With all of that being said, you may be looking for a pawnshop that would provide you with the most honest appraisal possible. Here at Cebuana Lhuillier, we offer only the most accurate appraisal for all of our customers. With us, you can be sure that what you’re getting in return for your pawned items would definitely be fair and square, so be sure to visit any of our 2,200 branches nationwide.

Image Source: https://bit.ly/2HVsZ6S

How to Prepare Your Item for Pawning

So you’ve decided to pawn off or “sangla” your item/s online, may it be jewelry or a gadget. All is well and good, until it’s finally time for the transaction, after which you are only given a certain amount in exchange. You wonder why the price was less than what you have expected. If your guess was about the condition of the item, then you are very much correct. Pawnshops have strict rules when it comes to the items that they’d accept (and in some cases, would not at all). This means that you may have not prepared the item, well-enough to look presentable and functional. Here are a few tips to prepare your item/s for pawning:

1. Clean it well.

For jewelries, make sure that there are no markings, discolorations, and stains. Unless you’re intending to sell a gold-plated item, there should be no discoloration at all. Real gold does not have any spectrum underneath, no silver or platinum markings at all. Gadgets are much more meticulous in a way, no scratches on the screen, no cracks, and no unhinged parts (for laptops and cellphones). Wipe off the dust and show that the item has been well-taken care of.

2. Check for any damage.

Don’t attempt to pawn off a broken item, the pawnshop representative would know and are skilled in determining such functionalities. Damage in jewelries is much easier to detect, all thanks to the simple use of a magnifying glass. Gadgets are much more subtle, yet, pawnshop representatives are also trained to determine loose wires, hidden cracks, and boot looped home screens, so beware.

4. Presenting a Certificate of Authenticity.

Some jewelry comes with their very own Certificate of Authenticity. This would indicate that they are indeed real, and not “bootlegged” (market term for imitation products) versions of the real thing. This is given to a few diamond earrings, for example, and is recognized with an authentic seal.

5. Double-check the functionality.

We had mentioned working condition before, but in this case, it isn’t just about simple damages, but more on the overall functionality of the item. If the diamond is falling off the ring mount, then that is definitely damage worthy of a huge price deduction. The same goes for gadgets which may either be rendered useless or not functional at all. A cellphone which has a blank screen and a tablet which boot loops at the home screen may not be accepted at the pawnshop, so keep that in mind.

With all of that being said, you may be looking for a pawn shop that would provide you with the most honest return possible. No worries, as Cebuana Lhuillier has got your back. With their Pawning Service you can never go short in any amount, as they accept an array of items, from jewelry to gadgets, as collaterals. They also lead the pawning industry by offering safety and the highest appraisal rate in the industry in its more than 2,200 branches nationwide.

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)