myRightChoice

Features myRightChoice

Right Choice Finance Corp.
mobile app (myRightChoice) provides a convenient way to access and manage your personal or corporate accounts anywhere.
It offers the option to apply for personal loan, cash advances and payday loans.Flexible Loan Terms Tailored for You!1.
Personalized Loan Duration:We customize the loan term just for you, based on your unique needs and application details.Your agreement to our tailored terms ensures a loan experience designed with your preferences in mind.2.
Competitive Interest Rates:Enjoy the benefit of interest accruing only from the moment you start using your loan.Our transparent approach means interest rates are applied consistently during your loan period.
For late payments, well provide clear information on any additional charges.Our rates range from a low 0.99% to 5% monthly (11.88% to 60% annually), adjusted according to your individual risk profile.
We reward lower-risk profiles with more favorable rates!3.
Clear Example Calculations:Committed to transparency, we offer a detailed sample calculation for our Personal Loans, meeting high standards.Remember, these straightforward terms apply to all our diverse loan offerings.Required Documents for Application:1.
Two Valid Identification Cards2.
Certificate of Employment3.
Payslips for the Last Three Months4.
Bank Statement for the Past Six Months5.
Recent Proof of Billing6.
For Co-Borrowers: Certificate of Employment and Recent Payslip.Flexible Loan Options:Loan Duration: 6 to 24 monthsMinimum Loan: PHP 10,000.00Monthly Interest Rate: 5.00%Annual Percentage Rate (APR): Up to 60.00%Processing Fee: 5.00% of the loan amountDocumentary Stamp Tax: Fixed 0.75%Notarial Fee: PHP 200.00 per loanInsurance Fee: Calculated based on loan amount and duration.Personal Loan ExampleLoan Amount: PHP 10,000.00Loan Duration: 6 monthsLoan Release Sample Principal PHP 10,000.00 Less: Processing Fees PHP 500.00 Doc stamps PHP 75.00 Notarial PHP 200.00 Insurance PHP 19.00 Upfront Installment payment PHP 2,166.67 PHP (P+I)Loan Release PHP 7,039.33 Breakdown Installment Period Principal + Interest1st payment: PHP 0 + 0 PHP 02nd payment: PHP 1,235.95 + 930.72 PHP 2,166.673rd payment: PHP 1,382.80 + 783.87 PHP 2,166.674th payment: PHP 1,547.10 + 619.57 PHP 2,166.675th payment: PHP 1,730.91 + 435.75 PHP 2,166.676th payment: PHP 1,936.57 + 230.09 PHP 2,166.67Compliance with Republic Act No.
9510, 9160, 10173 and 3765We strictly adhere to the local regulations and standards, including the Truth in Lending Act of the Philippines (RA 3765).
We are an official submitting entity of the Credit Information Corporation (CIC) in compliance with RA9510.
Moreover, we are compliant with the Anti-Money Laundering Commission (RA 9160) and the National Data Privacy Commission (RA 10173)We are committed to maintaining the confidentiality of your personal information.
We will not share your personal details with anyone other than yourself unless we have your explicit consent.
Additionally, we do not engage in selling your data to third parties.
All our practices regarding your privacy are guided by our Privacy Policy Agreement, which you can review at https://rightchoicefinance.ph/privacypolicy.myRightChoice is a service provided by Right Choice Finance Corp.
For more information about our offerings, please visit our website at https://www.rightchoicefinance.ph.
If you have any questions or need assistance, please email us at [email protected] Name: Right Choice Finance Corp.Business Name: Right Choice Finance Corp.Address: 7th Floor, Philcox Building, 172 Salcedo St., Legaspi Village, Makati City, 1229Regulated by the Philippine Security and Exchange Commission (PSEC) as a Finance Company with Certificate Registration Number (CA): CS201612058 and Authority Number: 1189