Bukas Finance Corp. is a duly registered Financing Company with SEC registration No. CS201901691 and Certificate of Authority No. 1199.

Please remember to study the Terms and Conditions in the Disclosure Statement before proceeding with any loan transaction.

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Help Center  >  Why was I approved for a different tenor?

Why was I approved for a different tenor?

The tenor can be defined as the length of your loan. As a borrower, you are required to repay the loan within the agreed tenor. Starting April 1, borrowers can choose between 3, 6, 9 and 12 month tenors.

However, upon processing, our team may assess a different length of loan than the one you selected. This is done to put you in the best position to manage your loan.

If you were approved for a tenor longer than your original choice, you can opt to pre-terminate your loan. This means that you can pay in bulk to close the loan before the 12th month. Read more about pre-termination here .

Note that short-term loans are currently offered to select schools. Also, note that all loan offers are conditional. As long as a loan has not yet been disbursed to the school, Bukas Finance Corp. reserves the right to withdraw any loan agreement.

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