In today’s digitally driven world, Filipino consumers have more choices than ever when it comes to financing their needs and aspirations. From everyday essentials to significant life upgrades, financial partners can make a real difference.
With various options available, one question arises: Which financial partner is best for me?
We take a closer look at two prominent names in the Philippine financial landscape: Home Credit and JuanHand.
Who or what are Home Credit and JuanHand?
Home Credit: Empowering Filipinos with accessible finance
Home Credit has established itself as a leading consumer finance company in the Philippines, driven by a mission to provide inclusive and responsible finance to underserved populations. They are known for making products and services more accessible through simple, fast, and convenient loan applications.
A prime example of this commitment is the Sulit-Skwela campaign, specifically designed to ease the financial burden on students and parents. This initiative offers flexible financing for essential back-to-school technology, including laptops, tablets, and mobile phones, ensuring that learning and productivity are not hampered by budget constraints. To further support students, every Sulit-Skwela laptop now comes with FREE Globe GFiber Prepaid UNLI internet—no lock-in, no monthly bills, and no installation fee—bringing both devices and connectivity within reach.
JuanHand: Quick cash via mobile
JuanHand is a mobile-based lending platform that offers quick online cash loans. It primarily caters to individuals seeking immediate funds for various personal needs, with an application process conducted entirely through its mobile app.
Head-to-head: Home Credit vs JuanHand
Let’s compare Home Credit and JuanHand across several key aspects crucial for Filipino consumers:
1. Accessibility and ease of application:
Home Credit: Stands out with its remarkably straightforward application process. For many of its installment plans, including the Sulit-Skwela offers, all you need is to present one valid ID, and, if eligible, you can get approved for any installment plan in as fast as one minute. This rapid approval is a significant advantage for busy shoppers. Furthermore, prospective customers can check their eligibility and get pre-approved anytime, anywhere via the Home Credit App.
For in-store purchases, dedicated Home Credit sales representatives are available in partner stores to assist buyers, providing a human touch to the financing experience.
JuanHand: Operates through a mobile app where users submit a picture of their ID and undergo facial verification.
While convenient for those who prefer a purely digital process, the approval time can take 1–2 days, which might not be ideal for urgent purchases.
2. Loan Offerings and flexibility
Home Credit: Offers a wide selection of deals across gadgets, appliances, and other essentials. Loan amounts vary depending on the item you want to purchase, with flexible repayment terms from 6 to 24 months. Some offers come with 0% interest and zero downpayment. Compared to other providers, Home Credit stands out for its broad product coverage and accessible point-of-sale financing options.
Another advantage of using Home Credit is that once you’ve completed a product loan, you may become eligible for a cash loan offer of up to ₱150,000 depending on your profile. This added flexibility makes it easier to cover future expenses or emergencies.
For seasonal promos like Sulit-Skwela, Home Credit provides highly attractive 0% interest offers and options for zero down payment, making essential tech truly affordable.
JuanHand: Provides loan amounts ranging from ₱2,000 up to ₱25,000 (with some users eligible for up to ₱50,000). Loan tenors can extend up to 9 months. While suitable for smaller, short-term needs, flexibility and loan ceilings are more limited compared to Home Credit.
3. Interest rates and fees
Home Credit: Offers a wide range of 0% interest installment deals available all year round, not just during campaign seasons like Sulit-Skwela. A one-time processing fee may apply for some products, which is 0.5% of your monthly financed amount or a flat rate of ₱150, whichever is lower, but this is often offset by savings from 0% interest deals. Overall, Home Credit’s installment options provide practical value, especially for bigger purchases like appliances and gadgets.
JuanHand: Offers interest rates starting at 0.49% per day, which can add up significantly over time. Monthly rates can range between 9% to 12%, depending on the user’s profile.
While there are no transaction fees, the total repayment can still become costly based on the interest and loan term. Suitable for short-term, smaller cash needs, but may not be the most cost-effective option for bigger or longer-term purchases.
4. Reach and convenience
Home Credit: With its extensive network of over 15,000 partner stores across more than 75 provinces nationwide, Home Credit makes its services very accessible to Filipinos. Additionally, customers can conveniently browse products, compare prices, check available offers, and locate nearby partner stores through Shoppingmall.ph.
JuanHand: Is primarily an online platform, accessible via its mobile app. This is convenient for digitally savvy users but lacks the in-person support and widespread retail integration offered by Home Credit.
5. Education: The Sulit-Skwela advantage
Home Credit’s Sulit-Skwela offers this year deserve special attention from the people preparing for the academic year. These deals address the need for modern educational tools with:
- 0% interest offers on essential back-to-school tech, like laptops, tablets, and mobile phones.
- Every Sulit-Skwela laptop from Home Credit comes with FREE Globe GFiber Prepaid UNLI internet—no lock-in, no monthly bills, and no installation fee.
- Availability at over 15,000 Home Credit partner stores across more than 75 provinces nationwide, making these deals highly accessible.
- A simple application process: All you need is to present one valid ID, and, if eligible, you can get approved for any installment plan in as fast as one minute.
- The convenience of pre-approval: Download the Home Credit App on Google Play, the App Store, or Huawei AppGallery to check your eligibility and get pre-approved for product installments.
- Easy deal hunting: Visit Shoppingmall.ph to browse a complete list of Sulit-Skwela offers, compare options, and find the nearest store where your chosen item is available.
The promo period for Sulit-Skwela runs until July 31, 2025.
Who is the Best Financial Ally?
Choosing a financial ally is a significant decision. While JuanHand offers a quick, app-based solution for immediate cash needs, its limitations in loan amounts, potentially higher overall costs, and longer approval times may not suit everyone, especially those planning larger or specific purchases like back-to-school tech.
Home Credit, on the other hand, presents a more comprehensive and compelling value proposition. With its customer-centric approach, wider reach, broader range of product offers, significantly more flexible loan terms, faster approval process, and particularly attractive 0% interest offers through its Sulit-Skwela deals, Home Credit positions itself as a strong contender for the title of the best financial ally for Filipinos.
For students and parents gearing up for the new school year, or for anyone looking for transparent, flexible, and value-driven financing, Home Credit’s Sulit-Skwela 2025 offers an accessible way to fund one’s educational growth.
