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Fair Financing For Every Filipino Through Nook

Fair Financing For Every Filipino Through Nook

Mia E. – December 15, 2022

For the unbanked and underbanked, finding financial support is an impossible undertaking. So even when they are employed and earning a monthly income, loan applications still become a heartbreaking ordeal.

This is where Nook wants to make a difference.

Nook’s new service is an answer to every hardworking Filipino’s issue–filling the financial gaps when the monthly income just isn’t enough.

Through our proprietary technology and our ability to really connect with our clients, we are able to help them find the right lender that will fit their current needs.

“Personal loans are available to people who don’t own a home,” says Barry Rafferty, senior vice president of capital markets at Achieve. “Instead of home equity, lenders make decisions based on income, credit history, and debt-to-income ratio.”

Along with our drive to provide fair, honest financial services to our clients, we are also helping them understand what needs to be done once the loan has been approved. Payment reminders are sent, credit scores are checked, and information on why timely amortization is important is shared to the clients. Our goal is to spearhead financial literacy in a developing country, so people won’t have to approach shark loans just to survive.

Find out more about our new service on nook.cash or reach out to our agent on a Live Chat .