Is Home Credit legit?
Yes. Home Credit is on the SEC list of recorded online lending platforms. It is run by HC Consumer Finance Philippines, Inc (SEC Reg. No. CS201301354, CA No. 1071). The SEC list dated Sep 29, 2026 records it as "My Home Credit". SEC list, Sep 29, 2026
| Item | Result | Source |
|---|---|---|
| App on the SEC list of recorded online lending platforms (dated Sep 29, 2026) | Yes, as "My Home Credit" | SEC list, Sep 29, 2026 |
| Company and SEC Reg. No. | HC Consumer Finance Philippines, Inc., CS201301354 | SEC list, Sep 29, 2026 |
| Certificate of Authority No. | 1071 (as printed by Home Credit) | Google Play, updated Sep 25, 2026 |
| Price published | Yes: Cash loan 2.49% to 8.49% a month (30% to 102% a year); processing fee 3%, maximum ₱1,000, deducted from the cash you receive. | Google Play, updated Sep 25, 2026 |
| Loan amount and term | Up to ₱150,000, over 180 to 1440 days | Google Play, updated Sep 25, 2026 |
| Google Play rating | 4.8 of 5 from 521,460 ratings, 10M+ installs, as of Oct 2, 2026 | Google Play, updated Sep 25, 2026 |
On ₱5,000 for 180 days, Home Credit's published terms come to at most ₱1,736 in interest and fees (₱595 at its lowest published rate): interest of 8.49% a month and an all-in cost of 9.5% a month, higher because its processing fee comes off the cash, so you get ₱4,850 but repay on ₱5,000. Home Credit on Google Play, updated Sep 25, 2026
Working: 8.49% a month on the declining balance, 6 monthly payments = ₱1,586 interest; processing fee 3% × ₱5,000 = ₱150. The all-in rate is the monthly rate at which 6 payments of ₱1,098 repay the ₱4,850 you receive (SEC MC No. 14 s.2025 Sec. 2(d)).
The SEC caps (6% a month interest, 12% a month all-in) cover only loans of ₱10,000 or less for up to four months, so they do not apply to this loan. SEC MC No. 14 s.2025
Next: check the worked Disclosure Statement below, then compare Home Credit with the other recorded apps, or get it from its official Google Play listing.
Home Credit loan calculator and interest rate
Cash loan 2.49% to 8.49% a month (30% to 102% a year); processing fee 3%, maximum ₱1,000, deducted from the cash you receive.Its own example, ₱15,000 for 360 days
Cash Loan Amount: PHP15,000; Interest Rate: 2.49%; Monthly Installment: PHP1,461; Total Cash Loan Cost: PHP17,537
- You pay back
- ₱5,445 to ₱6,586
- Cash you receive
- ₱4,850
- Interest and fees
- ₱595 to ₱1,736
- Interest a month, at most
- 8.49%
- All-in cost (EIR) a month, at most
- 9.5%
- Share of the loan
- 34.7%
The SEC ceiling covers loans up to ₱10,000 and 120 days.
Terms from Home Credit's Google Play listing, updated Sep 25, 2026. The calculator gives the same ₱17,537 for Home Credit's own example. Documentary stamp tax on a ₱5,000 loan for 180 days is about ₱18.49 (NIRC Sec. 179); check whether the Disclosure Statement passes it on. DST calculator Source
Home Credit Disclosure Statement, worked out: ₱5,000 for 180 days
Home Credit must give you this statement in writing before the loan is made (RA 3765, the Truth in Lending Act, Sec. 4). These are the figures it should show at its published maximum; if yours differ, ask why before you accept.
| Figure | Inputs | Rule | Result |
|---|---|---|---|
| Amount financed | ₱5,000 borrowed − ₱150 taken off | RA 3765 Sec. 4(5) | ₱4,850 |
| Interest | 8.49% a month on the declining balance, 6 monthly payments | Home Credit's published maximum | ₱1,586 |
| Processing fee | 3% × ₱5,000, at most ₱1,000, taken off the cash | Part of the finance charge, RA 3765 Sec. 3(3) | ₱150 |
| Finance charge | Interest + every fee above | RA 3765 Sec. 4(6) | ₱1,736 |
| Documentary stamp tax on the loan | ⌈₱5,000 ÷ ₱200⌉ × ₱1.50 × 180/365 | NIRC Sec. 179, as amended by RA 10963 | ₱18.49 |
| Owed to you if the statement leaves one out | Greater of ₱100 or 2 × ₱1,736, up to ₱2,000 | RA 3765 Sec. 6(a) | ₱2,000 |
Should you borrow from Home Credit?
For ₱5,000 over 180 days, Pocketcash (Elending) costs at most ₱450, which is ₱1,286 less than Home Credit's published maximum of ₱1,736.
Choose Home Credit if
- you want to spread payments over as long as 1440 days.
- you need up to ₱150,000.
Skip Home Credit if
- you need the full amount in hand: you receive ₱4,850 of ₱5,000.
- you want a loan shorter than 180 days.
Home Credit requirements, customer service and how to pay
- Requirements
- Not listed on its Google Play listing
- info@homecredit.ph
- Phone
- +63277535711
- Pay through
- Maya, Shopee, Palawan Express, USSC, Touchpay, GCash, Online banking
As Home Credit lists them on its Google Play listing, updated Sep 25, 2026. Use only these channels or the app itself. Source
If you cannot pay Home Credit on time
On Home Credit loans above ₱10,000 or longer than four months, the penalty is whatever your contract and Disclosure Statement say; the SEC's 5% a month cap covers only smaller, shorter loans. HC Consumer Finance Philippines, Inc's collectors, and any agency it hires, may not post your details, threaten you, call before 6 a.m. or after 10 p.m., or message anyone in your contacts except the guarantors you named (SEC MC No. 18 s.2019).
If that fails, report HC Consumer Finance Philippines, Inc to the SEC on hotline 14732 or the iMessage portal, and report messages to your contacts to the National Privacy Commission at complaints@privacy.gov.ph. All eight prohibited collection practices.
This page covers Home Credit's published terms and SEC record, not the offer in your own loan agreement. For a dispute over a specific loan, contact Home Credit first, then the SEC (hotline 14732); for a legal claim, a lawyer.
Questions about Home Credit
Who owns Home Credit?
HC Consumer Finance Philippines, Inc (SEC Reg. No. CS201301354), per the SEC list dated Sep 29, 2026.
What is Home Credit's interest rate?
Home Credit states (Home Credit's Google Play listing, updated Sep 25, 2026): "Cash loan 2.49% to 8.49% a month (30% to 102% a year); processing fee 3%, maximum ₱1,000, deducted from the cash you receive." On ₱5,000 for 180 days: interest of 8.49% a month and an all-in cost of 9.5% a month, higher because its processing fee comes off the cash, so you get ₱4,850 but repay on ₱5,000.
What is Home Credit's customer service number or e-mail?
Phone: +63277535711. E-mail: info@homecredit.ph. As listed by Home Credit (Home Credit's Google Play listing, updated Sep 25, 2026).
How do I pay my Home Credit loan?
Home Credit lists these channels (Home Credit's Google Play listing, updated Sep 25, 2026): Maya, Shopee, Palawan Express, USSC, Touchpay, GCash, Online banking. You should get a payment reference or receipt in the app; if none appears, the payment has not posted, so keep your proof of payment.
Does Home Credit call your contacts?
HC Consumer Finance Philippines, Inc may not contact anyone in your phone contacts except the guarantors or co-makers you named, even if you allowed access (SEC MC No. 18 s.2019, Sec. 1(h), issued Aug 19, 2019). Raise it with Home Credit at info@homecredit.ph, then the SEC on 14732.
Lowest-cost recorded apps for ₱5,000 over 180 days
No lender pays to appear on this site or to change its position.
- Pocketcash (Elending): at most ₱450 in interest and fees (18% a year × 180/360 days × ₱5,000 = ₱450 (interest and fees)); lends ₱1,000 to ₱50,000.
- Vplus: at most ₱450 in interest and fees (18% a year × 180/360 days × ₱5,000 = ₱450 interest); lends ₱1,000 to ₱50,000.
- Direct Loan: at most ₱540 in interest and fees (21.9% a year × 180/365 days × ₱5,000 = ₱540 interest); lends ₱1,000 to ₱40,000. Downside: skip it if you want a loan shorter than 180 days.