Tuesday, April 3, 2018

BPI Family Savings Bank Offers 60 Second Auto Loan Approval at MIAS


BPI Family Savings Bank (BFSB) lets people know if they are ready and able to make their dream car a reality in just 60 seconds.

Those who visit the Manila International Auto Show (MIAS) from April 5 to 8, 2018 at the World
Trade Center in Pasay City can try out BFSB’s 60-second prequalification tool, which allows users to
check their readiness to take on an auto loan.

Qit Abola, BPI Family Retail Lending Group Head, said people can quickly find out possible monthly payments, loan terms, and down payment options for the vehicle of their choice.

“By being at MIAS, we are able to show clients that car ownership can be a hassle-free and
rewarding experience,” said Abola. “Imagine that once you have made choice, you can drop by our
booth and apply for an auto loan in just a minute. It is very convenient, approval is fast, and we have
exclusive offers to make car ownership really easy for all MIAS visitors.”

BFSB continues to empower Filipinos to make their auto dreams happen through its partnership
with MIAS. Now on its 8th year, the partnership has helped families find affordable car loan packages and gain trusted financial advice.

“As one of the leaders in the auto loan industry, BPI Family always seeks to help Filipinos own the car of their dreams. This is why we always look forward to major events like MIAS,” said Mr. Abola. “With all the cars on display, we want to be the bank partner when a MIAS visitor is finally ready to buy his or her dream car.”

While the effects of the recently-implemented Tax Reform for Acceleration and Inclusion (TRAIN)
Law may worry potential car buyers, BFSB believes the tax cut, which results in additional disposable income, will compensate for the price increase.

“The additional purchasing power freed up by the TRAIN law should give potential car buyers the
ability to purchase vehicles despite the increase in prices, fuel, and overall inflation,” said Nicholas Mapa, one of BPI’s economists said. “Along with our affordable loan packages, we believe that we
can give families the best offers that suit their capabilities and needs.”

Free complimentary tickets await the first 1,000 Preferred Clients who will visit MIAS.

All they have to do is present the BPI Gold Debit Card, Ayala Rewards Circle Card, BPI EMV Debit Card, or Gold BPI Express Credit Card.

More exclusive offers and exciting freebies will also be available to those who will apply onsite, including free comprehensive insurance for the first year, free chattel mortgage fees, and free Petron gas card.

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