Knowledgebase

Got questions about Loansolutions.ph? you're in the right place!

Do I need to have a co-borrower to apply for a loan?

Not all the time. It depends on the type of lender. Most often private lending companies require applicants to have a co-borrower regardless of loan type. Banks on the other hand do not require an applicant to have a co-borrower and qualification is purely based on the applicants employment background and capacity to pay.