Repayment of loan
The loan repayment can be done at any time, provided the due date hasn't passed. This means that there is no charge or penalty for early repayment.
The payment methods available for Finbro loan repayment are a little bit stressful because you have to go through a payment partner's center or bank transfer. Whichever way, they still give a bug-free result if done correctly.
Supported types of payments
You can repay the loan quickly using the following methods:
- Through payment centers.
- Bank transfer payment.
Payment options
Complete loan payback.
- You may repay the total amount on or before the next payment date without additional fees
- Logging into your Finbro account will allow you to view the loan's total due and payment terms.
Minimum payment.
- Finbro allows you to make a minimum payment, which will push back the date of your subsequent payments by 30 days.
- Logging into your Finbro account will yield further information.
Steps to repay
Below are the details you should know to complete the repayment process.
Payment via payment centers
They have teamed up with the most well-liked over-the-counter payment centers nationwide to serve you better. Any of the following payment centers accept payments:
- Direct agent five authorized payment centers.
- Cebuana Lhuillier.
- M. Lhuillier.
- TrueMoney authorized payment centers.
- EC pay authorized payment centers.
- SM payment center.
- Express pay authorized payment centers.
Each payment center's website provides information about its branches and business hours.
Instructions for payment are provided below:
- Locate the closest payment location.
- During branch operating hours, visit the specified payment center's nearest branch.
- When paying, complete a payment slip and provide the cashier with the reference number (which you should have received via SMS or email).
- Pay the required sum.
- Keep the payment receipt secure.
Payment via bank transfers
Please, see the information about their bank account below for bank transfer payments:
Bank Name: Union Bank of the Philippines
Receiver: SOFI Lending Inc.
Bank account Number.: 003170001484
Payment remarks: Reference number
Please, accurately complete the payment remarks area to ensure that your payment is recognized promptly and that there are no delays.
Conditions of loan extension
Whether a borrower is given a loan extension depends on their payment history. Tight corporate limits apply to loan extensions. It is advised that you pay after following the terms of the agreement. Also, keep in mind that there will be a fee for late payments.
Early payoff
You have the choice to pay off your loan ahead of schedule without being incurred any penalties.