Cagamas purchases eligible conventional personal loans granted to the Approved Seller’s customers.
- has arisen in connection with credit terms to a customer pursuant to an agreement entered between a customer and the AS;
- fully disbursed and an amortising loan;
- not be more than 1 month in arrears at the time of sale;
- has a remaining life which expires on or after the review date; and
- comply with other criteria as per Cagamas' requirements