The Filipinos’ favorite: Home Credit financed 1.7M mobile phones in 2023
As 2023 comes to a close, Home Credit, the country’s leading consumer finance company, reveals an interesting trend in the Philippine market: an increase in the number of purchases of various commodities, particularly mobile phones with 1.7M units financed. This surge in products sold was facilitated through Home Credit’s year-long promos, including the most recent 0% interest on installment financing. This year, Home Credit saw a significant upswing in purchases across different categories, showing a shift in what consumers prefer. With a focus on empowering Filipinos to realize their personal and family goals, Home Credit's offerings have reflected an evolution in lifestyle choices and aspirations. Among the highlighted categories, mobile and tablet purchases garnered the greatest number of units sold, indicating a continued reliance on these devices for work, education, and entertainment. The volume sold in this category, marked by an impressive 1.7M units, showcases the enduring
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