Get An Installment Plan For Your Lazada Purchases With Pera247
Online shopping is in these days. It is fast, convenient, and most importantly, you’re just at home. With the situation now where going out is risky, you can buy everything you need with just several clicks.
One of the popular online shopping platforms today is Lazada. Because of its popularity, it offered several payment options including installment or the Buy Now, Pay Later scheme.
Lazada partnered with several fin-tech platforms to cater to this growing need. One of them is Pera247.
Who is Pera247?
Pera247 Lending Corporation is a duly-registered digital lending company in the country that is powered by Asia Kredit. It is also registered with the SEC.
On the other hand, Asia Kredit is an international tech-based financial services firm that offers fast and convenient credit services to millions of people in Southeast Asia.
Pera247’s vision is to help unbanked individuals gain access to formal credit. At the same time, the company aims to help people become more educated on financial management, which could pave way to improved standard of living.
Likewise, Pera247 is committed to fairness, transparency, convenience, speed, respect, and financial education.
Pera247 offers the following products:
InstaLoan – This lets you borrow up to P15,000 and payable up to 90 days
AffordaLoan – You can avail of this if you need a bigger loan amount. You can borrow up to P30,000 and pay up to six months.
eShopaLoan – This product allows you to shop at Pera247’s partner merchants and pay in installment basis.
For purposes of this post, we will focus on eShopaLOAN.
Quick Review Of eShopaLOAN
This product is offered as Pera247’s online sales finance facility with zero interest rate and longer loan term. Through this facility, you can borrow between P5,000 and P50,000 and payable in six equal monthly installments, similar to how credit card works.
You can also shop for multiple products and let this product pay for your purchases. When approved, you need to avail of this within 72 hours otherwise, your loan will be automatically cancelled.
Don’t get too excited because you need to make a downpayment anywhere between P5,000 and P10,000.
Take note that there is also a processing fee of P2,500.00. Payment options include Bayad Center, 7-Eleven CLiqq kiosks, Cebuana Lhuillier, online transfer through BDO and BPI.
Requirements for eShopaLOAN:
Completely filled out application form
Valid government-issued ID
Selfie, which will be uploaded in the app
How To Apply For Pera247’s eShopaLOAN:
Visit the Lazada website or app and do your usual online shopping.
Upon checkout, make a screenshot of the total amount of items you plan to buy plus the shipping rate.
Download the Pera247 app. Unfortunately, the app is only available in Google Play Store for Android users.
Once you downloaded the app, apply for eShopaLOAN.
Fill out the online application form and loan terms. Make sure to answer all the questions and don’t forget to upload your valid ID and selfie. These two requirements will help verify your identity as a borrower. Also, apply for the amount that you only need. As much as possible, do not go beyond what is on your cart.
Once approved, make sure to upload the screenshot of your (1) Lazada wallet with sufficient credits required for the downpayment; (2) cash-in request; and (3) item/s in Lazada cart.
It will take few minutes and then, you will see that your Lazada Wallet will be funded. You can now use this to pay for your purchases.
Thereafter, wait for the items to be delivered in your doorstep. You also have six months to pay for your Lazada purchases.