(Interaksyon) Consumer finance provider Home Credit Philippines revealed that mobile phones are the most in-demand product for their consumers.
Puneet Suneja, Home Credit Chief Sales Officer, said they had financed over 10.5 million mobile phones in the country since 2013. This covers over half of their sales.
“Our most popular products typically are mobile phones…That’s the product that has the quickest upgrade lifecycle. People are changing their phones every year or [every] two years,” Suneja said in a briefing on Thursday.
The finance provider company is celebrating its 10th year of operations in the country.
Meanwhile, despite the huge mobile phone sales of Home Credit, International Data Corporation (IDC) data recorded that the smartphone market in the country had its biggest decline of 8.6% in 2022… Read More