LOAN AGREEMENT

Loan Account Number : 4403850255

LOAN DETAILS
LENDER HC Consumer Finance Philippines, Inc.
15th Floor, Ore Central, 9th Avenue cor. 31st Street, Bonifacio Global City, Taguig, 1634, Philippines
CUSTOMER William Sagun Padua Jr Date Of Birth: 04/06/1991
Home Address: B8 L20 Everlasting Homes, Talon Kuatro, Las Pinas City, 1740 Las Pinas City
Permanent Address: B8 L20 Everlasting Homes, Talon Kuatro, Las Pinas City, 1740 Las Pinas City
Registered Contact Details Trusted Contact Person/s
Mobile No. 1: 9303359902 E-mail Address: [email protected] Irene Tapel Other relative 9616661238
Mobile No. 2: N/A Landline: N/A Arlene Tapel Spouse 9616661074

DOCUMENTS Driver's License ID N2612015516

PURCHASE DETAILS
Loan Account Number: 4403850255
Retailer: Rulls - SM Southmall Address: SM Southmall na Zapote Rd., 002001002, Las Pinas City, 25 Las Pinas City

Goods and/or Services: Home Credit Protect (Device Protection)

Mobile Phone ( RealMe / Realme 12 Plus (8+256) )
Home Credit Protect (Borrower Protection)

Disclosure Statement Conditional Charges: Home Credit Protect Charges

Suggested Retail Price: 19,999.00 Currency: PHP Monthly Penalty2 +1.4% (Monthly Add-on Fee):
Borrower Protection: 1,353.00 Effective Date: 07/07/2024
Installment Amount: 2,843.00 Termination Fee1 28% Loan Extra Care 49.00
Device Protection 2,700.00
Total Purchase Price: 24,052.00 Number of Installments: 9 Overpayment Refund Fee (see 50.00
Due Dates: 7th of each Clause 4.3.)
Downpayment: 0.00
First Due Date: 08/07/2024 Attorney & Agency Fee 5,000.00
Financed Amount: 24,052.00 Last Due Date: 04/07/2025
(Purchase Price less Downpayment) Past Due 5 days 200.00
Processing Fee:* 1,089.00 Past Due 30 days 400.00
Effective Interest Rate: 0.90% p.m.
Past Due 60 days 600.00 *Processing Fee will be collected in accordance with the
Payment Schedule; provided that:
Past Due 90 days 800.00
(a) If the Customer pays the Loan within 15 days, a
Processing Fee of only 3% of the Financed Amount shall be
charged.

(b) Processing Fee for Full Early Repayment shall be equal to

3% of the Financed Amount or the total monthly processing
fee paid to date, whichever is higher.

(c) Processing Fee for Partial Early Repayment shall be equal

to the sum of the monthly processing fee for the months
1
Charged at 90 days past due based on unpaid principal covered by the Partial Early Repayment.
amount
2
Charged at from 120 to 270 days past due based on unpaid (d) In the event of default upon which the entire Loan becomes
principal amount due and demandable, Processing Fee shall be charged equal
to the sum of the monthly processing fee for the remaining
Loan term at the time of default.

**Home Credit's representative may have interest in the

approval of the POS Loan
SPECIFIC TERMS AND CONDITIONS
1. INTRODUCTION
5. EARLY REPAYMENT
1.1. The Customer is applying for a Home Credit loan to buy the Good(s) from the Retailer
(POS Loan or Loan), as indicated in the Purchase Details and Loan Details above. The 5.1. For Early Repayment, provided the Customer is not in delay or in default, the Customer
Customer understands that the approval of this POS Loan is subject to submission by the may prepay the balance of the Financed Amount before the Last Due Date without interest
Customer of documents required by Home Credit, credit approval process and guidelines on the balance, subject to the following:
of Home Credit, and the final decision of Home Credit. The POS Loan shall be payable in 5.1.1. For Partial Early Repayment, the Partial Early Repayment Fee and any other amounts to
monthly installments with an Interest Rate as indicated in the Disclosure Statement and as be paid by the Customer to Home Credit should be paid together with the prepayment of
agreed upon by the Customer and Home Credit. This document is referred to as Loan part of the balance of the Financed Amount. The minimum amount of partial early
Agreement. repayment must be equivalent to one installment. Detailed steps on applying for the Partial
1.2. This POS Loan is subject to additional terms and conditions (General Terms and Early Repayment shall be made available through Home Credit's website and/or
Conditions) contained in the document referred to as General Terms and Conditions, Customer Service Hotline.
which is accessible at www.homecredit.ph. The Customer confirms that s/he has had the 5.1.2. The minimum amount of the Partial Early Repayment must be equivalent to one
chance to review the General Terms and Conditions. Home Credit may, at any time, installment plus the Partial Early Repayment Fee as stated in the Disclosure Statement,
update the General Terms and Conditions upon notice to the Borrower. and any other charges due to Home Credit. Any amount paid which is less that the
1.3. The Customer agrees to the Purchase Details and Disclosure Statement above, the minimum amount required by this section shall be treated as an advance payment for the
monthly installments in the Payment Schedule, and the terms and conditions in Loan next installment payment.
Agreement and General Terms and Conditions. 5.1.3 For Full Early Repayment, the Customer may call Home Credits Customer Service Hotline
2. FINANCED AMOUNT and inform Home Credit’s customer service personnel that Full Early Repayment will be
2.1. Customer agrees that the Financed Amount will be paid directly by Home Credit to the made, and the Customer shall be given the full details of the amount to be settled and the
Retailer as full payment for the Goods and/or Services. payments channels where payment may be made.
5.1.4 If the Customer has made a full payment, the Customer may request a Certificate of Full
3. RATE OF INTEREST
Payment from Home Credit. Provided that Home Credit has not received and is not
3.1. Interest on the Financed Amount will begin to accrue on and from the Effective Date, and processing any request for correction or reversal of payments, Home Credit shall issue the
shall be paid by the Customer in accordance with the Disclosure Statement and the
Certificate of Full Payment, which shall be valid as of the date requested by the Customer.
Payment Schedule
6. OTHER TERMS AND CONDITIONS
4. PAYMENT
4.1. The Customer agrees to pay each Installment Amount, including any applicable charges 6.1. The Customer hereby acknowledges receipt of the Goods and/or Services from the
and fees, on or before the Due Date, and exclusively through the payment channels Retailer and/or has made arrangements with the Retailer for the delivery of the Goods
identified by Home Credit. Payments shall become due on each Due Date as stated in the and/or Services. The Customer understands that, in either case, the POS Loan will start on
Disclosure Statement, without need of any further notice or demand. the date of signing of this Loan Agreement and not on the delivery date of the Goods
4.2. The Customer expressly waives the benefit of Article 1252 of the Civil Code of the and/or Services.
Philippines, Republic Act No. 386, and agrees that any payment to Home Credit for the 6.2. The Goods and/or Services financed by the Loan Agreement is/are to be used for the
purpose of settling any Installment Amount or any other amount due in relation to the POS benefit of the Customer or the Customers family and shall not be used for any illegal
Loan shall be applied to the Installment Amount or such other amount that fell due earlier, means.
and in the order as specified in General Terms and Conditions. 6.3. Customer agrees the Goods and/or Services shall be for personal use and he shall not
4.3. If the Customer pays more than the Installment Amount or any other amount due on the sell, transfer or convey the same until full payment of the Financed Amount.
POS Loan, Home Credit can decide to apply the excess payment to the next Installment 6.4. The Customer may cancel this POS Loan, subject to payment of applicable fees as
Amount or any such other amount due. If there are no other amounts due from the indicated in the Disclosure Statement, by performing all of the following within fifteen (15)
Customer, s/he may request for the return of the excess payment by calling Home Credit's calendar days from the date of this POS Loan:
Customer Service Hotline. Home Credit will then inform the Customer when and how s/he 6.4.1. Calling Home Credit's Customer Service Hotline and confirming such cancellation to Home
can get the excess payment. The refund shall be subject to Home Credit's right to charge Credits customer service personnel;
an Overpayment Refund Fee per refund. 6.4.2. Paying the full amount of the net proceeds of the loan to Home Credit within the said 15-
day period;
6.5. Upon compliance by the Customer with Clause 6.4. above, this POS Loan shall be
considered cancelled and the Customer and Home Credit shall have no further obligations 7. COMPLAINTS
in respect of this POS Loan. 7.1. Any complaints by the Customer pertaining to the POS Loan shall be communicated to
6.6. In case of default, Home Credit may demand that the Customer to deliver (and Customer Home Credit via its Customer Service Hotline at (02) 7753-5711 or through Home Credit’s
undertakes to so deliver) the Goods and/or Services to Home Credit at such time and chat team at www.homecredit.ph and the Customer shall provide Home Credit with all
place as may be designated by Home Credit; provided, that delivery by the Customer of necessary information and/or documents in order to properly resolve the complaint
the Goods and/or Services pursuant hereto shall not relieve the Customer from the 7.2. For other concerns, the Customer may call Home Credit’s Customer Service at (02)7753-
obligations under the Loan Agreement; provided further that Home Credit may, at its 5711 or e-mail at [email protected]. To know more about the Customer Service
discretion, sell or auction the Goods and/or Services delivered by the Customer pursuant Channels, the Customer may visit www.homecredit.ph/contact-us/. Home Credit shall
hereto in any manner that may be deemed appropriate by Home Credit, with the proceeds conduct a thorough investigation and provide the necessary feedback, clarification,
of such sale or auction to be applied to the repayment of the Customers obligations under resolution details, updates, to the Customerwithin ten (10) business days from receipt of
the Loan Agreement, after deduction of all the applicable costs. Home Credit may employ the concern. Home Credit is regulated by the Securities and Exchange Commission (SEC)
technology based measures and other means available to it, to ensure collection of the (www.sec.gov.ph) with email [email protected].
Financed Amount, such as but not limited to the sending of payment notices through SMS
and push notification, and remote deactivation of the Goods and/or Services. 8. DISCLOSURE OF POTENTIAL CONFLICT OF INTEREST
6.7. Home Credit may, at any time, update the Specific Terms and Conditions with notice to 8.1. The Customer acknowledges that he/she may be assisted by a representative of the
the Customer, and such amendments shall bind the Customer 60 days from the time of Retailer or Home Credit, and the Customer understands that such representative may
notification. Home Credit may notify the Customer by publication, including through Home have interest in the approval of the sale and/or of the loan.
Credit's website (website www.homecredit.ph), and/or other means of communication
(such as telephone, online customer portal, SMS, push notification, email, social media
account, etc. (Electronically Signed via OTP)
OTP: 013331
OTP MOBILE#: 9303359902
Witness: OTP VERIFIED ON: 2024-07-07T13:26:38.000+08:00
William Sagun Padua Jr
Retailer Associate Signature of Customer Over Printed Name

HOME CREDIT PROTECT LOAN EXTRA CARE TERMS AND CONDITIONS:

The Home Credit Protect Loan Extra Care Product allows the Customer to request for a Payment Holiday, Due Date Change of the loan
installments, Partial Early Repayment or Full Early Repayment of the loan, subject to the following terms and conditions:

1. PAYMENT HOLIDAY. The Customer may defer the payment of an installment provided that the following requisites occur:

a. The Customer is not in default or has not defaulted in any installment payment at any given time;
b. The Customer can activate Payment Holiday twice every twelve (12)-month period during the entire duration of the loan; and

c. The Customer must have paid at least two (2) consecutive monthly installments prior to the first availment of the Payment
Holiday. For the second availment of the Payment Holiday, the Customer must have paid at least three (3) consecutive
monthly installments from the date of the last service activation

2. DUE DATE CHANGE. The Customer may change the due dates of monthly installment payments provided that the following
requisites occur:
a. The Customer is not in default or has not defaulted in any installment payment at any given time;
b. The Customer can activate Due Date Change twice every twelve (12)-month period during the entire duration of the loan;
and
c. The Customer must have paid at least one (1) monthly installment prior to the first availment of the Due Date Change. For
the second availment of the Due Date Change, the Customer must have paid at least three (3) consecutive monthly
installments from the date of the last service activation

3. PARTIAL EARLY REPAYMENT. The Customer may pay a portion of the total outstanding balance of the loan provided that:
the following requisites occur:
a. The Customer shall pay unpaid penalty fee and overdue amount prior to the partial early repayment of the loan; and
b. The amount to be paid shall not be less than the recomputed amount. Minimum amount to be considered as Partial Early
Repayment is two (2) months worth of Customer’s installment. Otherwise, it will only be considered as an advance payment.

4. FULL EARLY REPAYMENT. The Customer may pay the full amount of the total outstanding balance of the loan
provided that the following requisites occur:
a. The Customer shall settle the overdue/penalty before activation of request;
b. The amount to be paid shall not be less than the recomputed amount. Otherwise, it will only be considered as an advance
payment; and
c. Recomputed amount should be paid within the given due date. Otherwise, payment will only serve as an advance payment
and account will not be closed.

(Electronically Signed via OTP)

OTP: 013331
OTP MOBILE#: 9303359902
OTP VERIFIED ON: 2024-07-07T13:26:38.000+08:00
William Sagun Padua Jr
Signature of Customer Over Printed Name