In the dynamic landscape of financial services, AEON Credit stands as a beacon of reliability and accessibility for Filipinos seeking loans for their various needs.
Founded in February 2013, AEON Credit has evolved into a leading financial e-company, offering an array of credit and prepaid card services, with a focus on providing loans for purchasing goods such as audio-video equipment, home appliances, furniture, computers, and gadgets.
This article delves into the intricacies of AEON Credit, exploring its borrower requirements, services, and the convenience of their mobile app.
AEON Credit: A Trusted Financial Partner
A. Company Background:
AEON Credit, a subsidiary of AFS Corporation Co., Ltd., operates under the umbrella of the Finance Group AFSC, sanctioned by ON Financial Service Co. Since its inception, AEON has been instrumental in providing financial solutions through credit and prepaid cards.
B. Logo and Branding:
The distinctive AEON logo, approved in 2013, symbolizes the company’s identity. With a semicircle and letters set against a blue background, the logo reflects the brand’s commitment to professionalism and reliability.
Borrower Requirements: Ensuring Inclusivity and Responsibility
A. Eligibility Criteria:
Age: Applicants must be at least 18 years old at the time of application but not more than 60 years old upon loan maturity.
Citizenship: Must be a Filipino citizen.
Contact Information: Must have an office or residence landline.
B. Income Requirements:
Employed Individuals- Minimum gross monthly income: PHP 15,000
Self-employed Individuals- Minimum gross monthly income: PHP 30,000. At least two (2) continuous years of profitable operations in the same line of business.
AEON’s Evolution: From Loans to Self-Service Systems
A. Product Offerings:
AEON has diversified its product offerings, introducing personal and appliance (furniture) loans. The company has adapted to current trends, focusing on self-service systems that empower customers to monitor and pay their monthly credit payments conveniently.
B. Credit Card Services:
In addition to loans, AEON issues credit and prepaid cards, enhancing its array of financial services for customers.
Seamless Transactions with AEON Mobile App
A. Introduction to the AEON Mobile App:
To further enhance accessibility, AEON launched a mobile app that allows users to conduct financial transactions from anywhere in the Philippines. The app caters to bill payments, remittances, and loan applications.
B. Loan Application Process:
- Install the AEON mobile app and select the desired loan type.
- Complete the application form and provide necessary requirements.
- Await a call from the credit manager.
- Receive an SMS indicating the method of receiving cash.
C. Repayment Process:
Customers can conveniently pay monthly installments through various channels. The AEON installment plan ensures flexibility and ease in managing repayments.
Loans Beyond Cash: AEON’s Partnerships and Offerings
A. Loan Products:
AEON extends its services beyond traditional cash loans, offering specific loans for purchasing furniture, household appliances, and gadgets.
B. Interest Rates:
The interest rates vary based on the type of goods, averaging 3.5% per month for ordinary items and 5% per month for gadgets.
C. Partnership with Abenson:
AEON’s collaboration with Abenson, a renowned electronics retailer, enables customers to access top-brand products and promotions. Abenson’s Superstore facilitates online shopping and nationwide product delivery.
Applying for AEON Loans: Requirements and Process
A. Loan Application Process:
Customers can submit loan applications at partner stores, with approval often granted within 15 minutes if all AEON requirements are met.
B. Standard Requirements:
- 2 valid IDs (1 government-issued ID)
- Stable income
C. Home Appliances and Gadgets on Credit:
Customers purchasing home appliances or gadgets on credit are required to pay applicable fees, and prepayment may be necessary.
Monitoring Finances with AEON: App Features and Customer Support
A. AEON App Features:
The AEON app allows users to view installment plans, check balances, and report errors. Its user-friendly interface ensures a seamless customer experience.
B. Customer Support:
Customers can reach out to AEON through hotlines or other contact numbers for assistance with any concerns.
AEON’s commitment to serving Filipinos is reflected in its extensive geographic presence. With branches strategically located in major cities such as San Fernando in Pampanga, Metro Manila, Legazpi City in Albay, Cebu, and Davao, the company ensures that its services are easily accessible to a diverse range of customers.
This widespread network reinforces AEON’s dedication to reaching every corner of the Philippines, transcending geographical constraints.
Growth and Technological Advancements:
AEON’s journey has been marked by continuous growth, driven by a proactive approach to adopting new technologies and providing excellent services.
The company’s ability to evolve with the changing landscape of financial services has not only facilitated its expansion but has also enhanced the overall customer experience.
By embracing cutting-edge technologies, AEON has positioned itself as a forward-thinking financial institution, catering to the evolving needs of its clientele.
AEON Mobile App: Revolutionizing Financial Transactions
A. Accessibility and Convenience:
The AEON mobile app represents a paradigm shift in the way Filipinos manage their financial affairs. With the prevalence of mobile internet, the app enables users to conduct transactions from any locality in the Philippines. This level of accessibility is crucial in a country with diverse demographics and varying degrees of urbanization.
B. Comprehensive Services:
Beyond loan applications, the AEON app serves as a one-stop solution for various financial activities. Users can seamlessly pay bills, execute remittances, and monitor their monthly credit payments, all from the convenience of their mobile devices.
This comprehensive suite of services underlines AEON’s commitment to simplifying financial transactions for its customers.
In conclusion AEON Credit transcends the traditional role of a financial institution. It is not merely a lender but a catalyst for financial freedom, an educator in responsible borrowing, and an innovator in the realm of financial services.
From its humble beginnings in 2013 to its current status as a leading financial e-company, AEON’s journey reflects a commitment to growth, technological advancements, and, most importantly, the well-being of its customers.
As AEON continues to shape the future of finance in the Philippines, it stands as a beacon of trust, accessibility, and innovation in the dynamic world of financial services.
Author: Maria Torres from Upfinance.
You can get a loan here: https://upfinance.com/loan-type/personal-loans/