It used to be that the only way to get a Lazada installment plan is through a credit card. This is good and all – credit cards provide ease and convenience to its users anyway! But we have to admit that not everyone can apply and get approved for a credit card. Are there other alternatives?
Enter BillEase.
BillEase is one of Lazada’s newest online partner which helps provide Lazada customers the option to shop now and pay at a later time. With BillEase’s convenient, low-interest installment plan, even big-ticket Lazada items such as smartphones, laptops, furniture, or appliances are made more accessible.
And the best part? Our services do not require a credit card!
But how exactly does BillEase work? How does one avail and use of its service? If you’re one of the many people asking these questions, you’re in a luck because we’re here to help you! So let’s start with the basics!
STEP 1: Fill out the application form and submit all the necessary documents
Before you can avail of BillEase’s service, you must first apply for an account. And how does one do that? Well, you will need to fill out our short application form as thoroughly as you can and submit clear copies of the following:
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- A valid government ID
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- Proof of Income
- Proof of Billing
You can find a more detailed, step-by-step guideline on how to process your BillEase application as well as the types of documents that BillEase accepts here.
And just as a friendly tip, we highly encourage all our applicants to read and follow our guidelines carefully to ensure faster and smoother transaction in the process. Submitting the wrong documents or providing insufficient information may lead to delays in your Lazada installment plan in the future!
Read: 7 Tips You Can Follow to Get Your BillEase Application Approved
STEP 2: Wait for our credit decision
Now that you have submitted your application, it’s our turn to do some magic. We will carefully verify the information you sent us and based on those pieces of information, will arrive at a decision.
But our decision not only comprises of whether or not your application for a Lazada installment plan has been approved. Along our decision comes information on your initial credit limit. So what is a credit limit?
A credit limit, essentially, is the maximum loanable amount that is given to you by BillEase upon your application’s approval. This means if you have a credit limit of, say, P5,000, you can loan as much as that amount from BillEase!
And what if you want to purchase something worth more than your credit limit? You simply have to pay for the excess amount via COD. But the rest of the purchase you’ll pay for in installments via BillEase.
STEP 3: Request for a Lazada Wallet Top-Up
Now that your application has been approved and you already have a credit limit, you can now request for a Lazada Wallet Top-Up!
Requesting a voucher is very easy. First, make sure that you’ve activated your Lazada Wallet. and log in to your BillEase account. Under “My Account”, click the red “Claim Now” button. Go through the short verification process and once you’re done, you’ll need to wait at least 1 banking day before your Lazada Wallet Top-up appears in your BillEase account.
Important Note: Make sure that the email address and phone number you’re using in Lazada is the same details you registered in BillEase.
STEP 4: Use your Lazada Wallet Top-Up upon checkout
Now that you have received your Lazada Wallet Top-Up, it’s time to put it to good use!
In the check out page, simply select “Lazada Wallet” as your preferred payment option and click “Place Order Now”.
Do keep in mind that your Lazada Wallet Top-Up can be used on multiple items, stores, and occasions, as long as the total amount of your purchase is within the amount of your top-up.
If the amount of your purchase exceeds your top-up limit, you can simply add more funds via 7-Eleven, Metrobank, BPI, or BDO branches.
Our suggestion? Maximize your Lazada Wallet Top-Up– in the most financially responsible way possible, of course!
Get more information on how to use your Lazada Wallet Top-Up as well as some common errors our customers experience here!
And that’s just how BillEase works – see, we told you it’s easy and convenient. Are you ready to try it out for yourself? Sign up for a Lazada installment plan here.
Need more information about BillEase? Drop your questions on the comments section below and we’ll try to answer them all!
Hello..thank you for your kind reply.
I want to know how to buy even im here abroad. Im the one who will pay it if i purchase product.
Hi!
What if the loan amount is 500.00 but you only buy the item in lazada for just let say 250.00 then you’ll use your voucher. What will happen in the remaining balance for 500.00 worth of vouceher?
Hi Kimberly!
In this case, you will need to settle your Php 250 loan before you can avail of a next loan. That means you won’t be able to use your remaining credit limit until you settle your current loan. Thank you!
Hi! How long it takes to know the status of my application.
Hi, what if my credit limit is 4000 and I want to purchase worth 16k? How will I pay the remaining balance? Is it installment or cash? Thanks
How long it takes? And where is the application form?
Hi Liezel!
The application process usually takes only 1 banking day, but it also depends on the documents you upload. So please make sure you upload the right documents so there won’t be any delays. You can find the application form on our website, https://billease.ph
Thank you!
How to apply?
Hi Mary Jane!
Kindly read the post. Thank you.
Hi, what if the item that I will purchase is 16k? How is the process with that from billease? Thanks
Hi Lance!
If you were able to read our post, we talked about credit limit. In the post, we said: “A credit limit, essentially, is the maximum loanable amount that is given to you by BillEase upon your application’s approval. This means if you have a credit limit of, say, P5,000, you can loan as much as that amount from BillEase!”
Therefore, upon approval, you will receive a specific credit limit from BillEase. Whether or not that will amount to 16k (in your case) is up to the discretion of our credit team.
Now say you got approved and was given a credit limit of 16k. You may now request for a voucher and use that to purchase your item. But what if you were given a much lower credit limit – say 5k? You can use the 5k voucher for your purchase and then pay the excess amount upon delivery. Hope this clarifies! 🙂
Hi how can I pay my loan from billease? can i direct the monthly deduction to my debit card?
Hi Brigette!
You can learn more about paying for your BillEase loan from here
I WANT TO APPLY
Hi Monica!
You can go to https://billease.ph to apply! Simply fill out the form and submit the required documents. Thank you!
how to apply
Hi Ruselle,
Please read the post.
Where can I get a registration form and where can I pass my requirements?
Hi Cris,
You may go to https://billease.ph for our application form.
do you increase the credit limit after re-applying for loan?
Hi Rick,
Our system decides on whether a customer will receive an increase on their credit limit based on their track record. 🙂
Hi , What payment method to use in lazada? Thanks
You will use Lazada Wallet as your payment method. Thanks!
I want to get an installment
Thanks for your inquiry Ronald! You may visit our website (www.billease.ph) and move the sliders from left to right to set your preferred amount and terms. Then, click the “Apply Now” button so you can view our online form and be able to fill it up.
Hi I already got approved credit limit and claimed it. when will appear on my lazada wallet? My email & number are same same my billease account.
Hi Shienna!
Thank you for bringing this matter to our attention. Upon checking, your Lazada Wallet top-up has already been disbursed to your Lazada account. Please don’t hesitate to email us at [email protected] if you need further assistance!
so the billease team will decide on how much we can loan? can ask for specific amount like 10k?
Hi Monica!
We take our customers’ requested amount in consideration but we also depend on other factors such as your credit score, submitted documents, court records, etc. 🙂
Heya i’m for the primary time here. I came
across this board and I in finding It truly helpful & it helped me
out much. I am hoping to give one thing back and help others like you helped me.
I already approved my loan, and I received my montly amoritazation but when I checked my Lazada wallet there is no money added.
Please make sure that you use the same email address in your BillEase account at Lazada. Thanks!