About Cebauna Lhuillier

The Cebauna Lhuillier is one of the popular pawnshops in the Philippines that has partnered with the PJ Lhuillier Group of Companies (PJLGC). Over the years, the Cebauna Lhuillier company has provided popular financial services such as micro-loans, pawnshops, and microinsurance to the Philippines.

The Cebauna Lhuillier company is an open partnership financial institution. The company helps individuals and small enterprises to focus on their objectives while offering services like pawning, microloans, etc. The service is popular for its 30% higher appraisal rate than neighbouring pawnshops. Jewellery and gadgets are some of the main pawnable items brought at Cebauna Lhuillier.

This company offers multiple services along with pawning, which makes it one of the largest pawnshops in the Philippines. They also provide microinsurance that can help applicants mitigate their risk and support them in times of misfortune.

Pros and cons

Before taking out a loan or choosing any other service at the Cebauna Lhuillier pawnshop, it is important to understand the pros and cons mentioned below.

Pros

• Loan status and other services are easier to monitor.
• Many items are accepted in the pawning process.
• You can renew loans anywhere with flexible terms.
• Easy foreign currency exchange.

Cons

• Many pawning items like jewellery, etc., attract higher charges.
• Pawn renewal interest fee is insatiable due to currency inflation for international people.
• There is a monthly limit on both domestic and international remittances.

Products

The company offers many products; here are some of its most promising ones.

Pawning

This company offers pawn services with featured items like jewellery and gadgets. These items are collected as collateral in the loan agreement. An applicant may choose to provide bank-approved collateral when taking out a loan. Services like money transfers and taking loans are easier at Cebauna Lhuillier, which is why many people choose this company in the Philippines. In addition, their customers sometimes get incentives and discounts on great deals in commissions or seasonal benefits. The interest rate for renewed transactions begins at 4% plus 2% liquidated damages and a ₱5 service charge.

Money transfer

Sending and receiving money is easier with its instant transactions. Here, users are allowed to make money transfers within and outside the Philippines.

Micro-insurance

This product is designed for high earners to minimize their impact with the promise of helping them with financial services. Compliance with this coverage is easy because the documentation requirements are less.

Micro-loans

The company also offers lending services to help applicants achieve certain day-to-day goals, such as starting a business or living expenses. The company offers a simple step to apply for loans for their customers, especially those with little financial support.

Bank loans

You can get different types of loans depending on your requirements and the value of your collateral. The company offers home loans, payday loans, microfinance loans, auto loans, and Tsikot loans, among others.

Deposit

The company also offers users an option to deposit their funds. Depositing depends on how much you want to save, and the interest rate starts at around 1% per annum. Please, note that the final interest rate depends on which scheme you choose and can differ from the figures mentioned here. The company offers different types of schemes which are mentioned below:

• Certificate of time deposit.
• 5-year term deposit.
• Special Savings Deposit.
• Regular savings and regular demand deposits.
• Micro-saving.
• Money.

Other services

Cebauna Lhuillier also offers many other services, which will be mentioned here. It will be hard to provide all the details about the services here, but you can learn more about them by visiting the company’s official website.

• Foreign exchange. The company offers exchange services, where users can visit their branch and convert their international funds.
• Bill payments. One can use its bill payment portal to pay their bills. The list of bill payment partners is mentioned on the website. You can use its bill payment service to make loan payments, insurance payments, book air tickets, pay utility bills, cable charges, school fees, foundational investments, group buying, government payments, and many other activities.
• E-loan. The company also offers loading services to prepaid users.
• PayPal. It is an automated payment gateway that lets purchasers pay their bills at any nearby branch.
• Corporate payout. The company also offers monthly disbursement services to its corporate clients, which can be used for employee salaries, bonuses, and other monetary distributions within an organization.
• Collection service.Corporate partners involved in channels like collection and distribution can enrol on its collection repository.