Here in the Philippines, buying a home is a symbol of maturity and financial stability. Most Filipinos dream of giving their family a comfortable home. OFWs even prioritize this aside from their children’s education and basic needs.
Author: cashmartph
More than 10 million Filipinos work abroad. And millions more aspire to become OFWs.
There are 10 million people living away from their families to give them a better financial support.
Earning double or triple the salary which they could earn here in the Philippines, they brave the life in other countries, amidst the homesickness for the hope of a better future.
How do you plan to pay for your car?
There are many ways to pay off your new car.
Of course, the best way is paying for the whole price in cash. Why? Because there are no monthly installments to worry about and no interest rate and other fees to pay.
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PNB Loans: What Filipinos Should Consider
What crosses your mind when you think about loans?
Surprisingly, 77% of the adult population believe that loans are beneficial for them and their family. This is based on the 2015 baseline study done by the Bangko Sentral ng Pilipinas (BSP).
Union Bank of the Philippines is currently a publicly-listed universal bank. UnionBank is originally named as Union Savings and Mortgage Bank on August 16, 1968. It is a partnership among the Aboitiz Group, Insular Life and Social Security System (SSS).
