The modern life is very dynamic. Therefore, saving your personal time is of the utmost importance. When you need cash, preferably urgently, save your time and choose online loan in the Philippines. Then there is no time to spend it on long paperwork and idle endless queues at banks! On our web site you can choose a quick solution with flexible terms, which is very convenient to apply online.
Quickly! It will take you a maximum of 5 minutes to fill out the application form. Further, our service will process your data, send it to microfinance organizations and you may receive an answer on the issuance of a easy online loan today.
Conveniently! Our profile is equipped with tips and auto-completion, which will significantly reduce the time to fill out an application for an online loan.
Safely! Thanks to the use of the most modern technologies of information and technical data protection, we guarantee a high level of data processing.
- 1 How to apply for an online loan in the Philippines?
- 2 Only advantages for you: best online loans on the same website
- 3 Online loans conditions
- 4 What will happen if I do not pay or delay the payment of a loan
- 5 How long it takes to receive the money?
- 6 Who can obtain an online loan?
- 7 In fact, to get a quick loan to the card, you need the following:
- 8 So your steps in a short are:
- 9 Can I obtain a legit online loan on every card?
- 10 Rates, amounts, terms
- 11 How to get an approval sure and fast?
How to apply for an online loan in the Philippines?
You can apply for a loan making next steps:
- Choose the offer with an appropriated amount and terms
- Fill out the data necessary to receive legit online loans!
- Wait for an answer from a microfinance organization
Only advantages for you: best online loans on the same website
- You can apply for an online loan on our website, regardless of your location.
- To use the service you mostly only need a passport and a working mobile number.
- You can make a request for funds in different forms including a bank transfer, cash or transfer to a credit card, electronic wallet, and so on.
Online loans conditions
Our site is an information service for selecting the best option for obtaining an online loan in the Philippines. We recommend you to remember that:
- Loans are issued exclusively by credit institutions.
- Loans are provided in the amount from 1,000 to 100,000 PHP inclusively for a period of 1 to 365 days.
- Full repayment of thelegit online loan is possible only after 61 days from the date of issue.
- Interest on the loan (an amortization) is from 0.5% percent per day.
An example of the calculated total cost of a loan and a monthly payment can be found in our online calculator. Find the online loan companies, become an approval, calculate your payment and plan your budget. And all that is absolutely free on our website.
What will happen if I do not pay or delay the payment of a loan
In case of failure to return the online loan amount or the amount of interest for the use of borrowed funds within the agreed period, the lender is forced to charge you a penalty. Most online loan companies make concessions and give 3 extra working days to pay. They are provided in case, for example, if a bank transfer took longer than usual.
However, if the microfinance company do not receive any reaction from you for a long time, a penalty will be charged also for late repayment. We recommend that you make the payment not later than on the same day when you receive these reminders. By repaying your debt on time, you are creating a good credit history, which increases your credit rating and the chances of getting the best online loans offers in the future, on more favorable terms.
How to start with online loans in the Philippines?
Applying an online loan on a card begins with filling out an application form. Indicate the amount of money you need and choose the loan term. You can get money around the clock, applications are accepted at any time
Quick loans on the card or in cash are approved within minimum 10 minutes. If you repeat your online loan application in the future, you will become an approval in 95% of cases.
How long it takes to receive the money?
Once your application was being approved, you will receive a loan amount on the card or in cash immediately after signing of the contract. That is possible with a simple code from SMS. Take money for any purpose: repaying an other loan, travels. purchases and urgent needs.
Our customers do not need to collect documents and visit the office, we makes the lending process as convenient as possible, including for low-mobility groups of citizens and residents of remote islands of the Philippines. Every day we help thousands of people to become fast and easy online loansand work to make our service better!
Who can obtain an online loan?
If we speak just about loans in the Philippines, of course, the applicant should have a citizenship of this country. Another criteria are:
- The age of majority (21 years, but sometimes also 18).
- The presence of permanent income, the ability to confirm it.
- The residency on the territory of the country.
- To obtain a loan, you will need a passport and a bank card.
Some companies are issue an urgent and legit online loan from 3,000 to 50,000 PHP, offering you to receive money without leaving home. You just need to refill an application online on our website. After 15 minutes, instant money will be transferred on your bank card!
In fact, to get a quick loan to the card, you need the following:
- customer compliance with the requirements of the online loan companies to borrowers;
- the presence of a passport or simply it’s relevant data;
- access to the network, for that you can use any device;
- active mobile phone number;
- bank amount or credit card.
So your steps in a short are:
- Fill out an online loan application
- Sign the contract with a code in SMS
- Get an easy online loan in the selected way
If you want to use our services for the first time, check out our advantages, special offers and other services in the sections, FAQ or just contact us with any questions.
If you need to get a loan for a short term, you can contact us. We find and accumulate the offers from the best online loan companies with a minimum interest rate for a new client. The criteria for customers are not strict, a loan is available to a wide range of potential borrowers. If you are an adult of 18+, then you can contact us right now and get an online loan today, maximum on the next working day.
Can I obtain a legit online loan on every card?
To obtain a microloan, you need a card serviced by any bank presented in the Philippines.
A lot of companies set some card requirements:
- service of any payment system;
- the card belongs to the applicant;
- the card was registered with the name and surname of the holder;
- the card is not expired, you can find the expiration month on the card itself.
In the process of online loan application, you must specify the full card number that you see on its front side. You may also need to enter the CVC code which is placed on the back of the plastic. This should not scare you, but first you need to make sure that you are using a secure connection (check the lock icon in the address bar).
Do not be scared if they need to block a certain amount on the card account before transferring a microloan onto your count. This operation is necessary to clarify the possibility of a transaction and to increase the level of transaction security. The amount of blocking will not exceed 10-100 PHP.
Rates, amounts, terms
We do not issue money! But we can find the best online loansoffersranging from 3,000 to 150,000 PHP, and this is even for a new client. The approved loan amount will depend on the correctness of filling out the application and the quality of the credit history.
What are the advantages you get when applying for a loan online in the Philippines:
- The main advantage is that you can fill out an application at home without getting up from your chair, which allows you to bypass the queues at the first stage of obtaining a loan and save time that would be spent on the way to the bank and back.
- The company is more loyal to customers who apply for a loan online. As a rule, a loan is issued according to two documents without a statement of income. Moreover, sometimes the bank may even lower the interest rate for such customers.
- There is no need to adapt to the bank’s schedule: you can fill out an online application at any convenient time 24 hours a day, seven days a week.
- As a rule, the bank considers the online loan application within minutes, because the lender does not need to immediately check the package of documents.
- You have the opportunity to send an application to several banks at once, and then, having received their approvals, compare the conditions under which they are ready to lend, and choose the really cheapest offer.
Thus, online lending can be safely called one of the most promising and convenient types of loans. And in the future we can only expect the development of this section.
How to get an approval sure and fast?
The online application is a typical form, in which you should enter the basic data confirming your identity and solvency. At the moment, many clients in the Philippines have the opportunity to apply for a loan in this way, you can use the pages of our site to select an offer and to apply for an legit online loan at once in several banks.
However the possibility to get a fast approval depends on some moments:
- Make sure you enter the data correct by refilling the application form;
- Check the requirements mindfully before you apply;
- Residence permit instead of permanent residency will make your chances lower, still you can try to apply.
If you are owner of a real estate or a car, you can add the confirmation to your questionnaire, so that your chances to receive the best online loan conditions will rise up.