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Who is eligible to apply?

21-70 years old
Employed individuals and selected professionals
Filipino Residents

Benefits

Experience seamless and hassle-free transactions without leaving your home.
No need to visit a physical location or step outside as all operations are conducted online.
Instantly credited to your bank.
With no guarantors, complicated documentation, or hefty deposits required.
Your financial needs are well met by our totally automated service.

Terms

Borrow money online with ease and convenience using An Instant Online Loan, an online installment form of credit with customizable repayment periods.

Repayment durations of 3 to 6 months.
Avail any amount from 10,500 to 25,000.
Enjoy our low rate of 11.9% per month and maximum APR of143%.

Representative example:

Choosing to borrow PHP 20,000 and repay it in 6 monthly installments will result in a monthly payment of only PHP 5,000. With an APR of 143%, the monthly payment for the entire loan will be PHP 2,383.

Online Loans in the Philippines

Though it's an old adage to cut back on expenses and stay away from loans, people of all ages and backgrounds aspire to achieve financial stability. Loans, if used correctly, can significantly enhance one's financial situation. A loan taken out for professional development or acquiring new skills can bring long-term benefits, for instance.

However, taking out loans to satisfy consumerist habits or leisure activities can weaken one's financial stability. The critical factor is not the presence of loans, but the way they are utilized. Using loans intelligently can lead to financial freedom, whereas thoughtless loan usage can lead to financial ruin.

How do Instant Loans Work in the Philippines?

Lack of access to formal banking services in the rural regions of the Philippines leaves a significant portion of the population without traditional banking options. This creates a conundrum, as people must often travel to urban areas to access banks, where they are met with crowded establishments and slow service due to high customer volume and lengthy documentation processes.

On the other hand, acquiring an online loan is a swift and accessible procedure that requires only a valid ID and proof of income. All you have to do is sign up for an account on a reliable online platform, present the necessary documents to verify creditworthiness, and get a decision within minutes.

With the Philippines having a high rate of internet penetration, online loans have become a preferred option for people who need urgent financial assistance, offering convenience and speed without the inconvenience of traveling to far-off banks and waiting in lengthy queues.

Are Online Loans Legit?

In the realm of digital lending, not all online loan providers are created equal, and it's crucial to exercise caution when selecting a lender. Online loan companies in the Philippines are required to register with the SEC and maintain a physical office to legally operate. Nevertheless, some illegal lenders take advantage of unsuspecting customers by running their business exclusively online and employing unscrupulous tactics. Identifying legitimate and illegitimate lenders can be difficult when searching for instant loans online. Therefore, it's vital to cross-check the lender's credentials on the SEC website to ensure that you're dealing with a bona fide lender. Take Digido, for instance, one of our partners, which is a fully licensed lender with SEC Registration No.: 202003056 and Certificate of Authority No. 1272. Always do your due diligence and choose a reputable online lending company.

What are Online Loans?

The path to financial autonomy necessitates meticulous preparation and unwavering self-control, however, unanticipated expenditures have the potential to throw off even the most impeccable financial plans. During such circumstances, borrowing from family, friends, banks, or other lenders may be the only option. Despite banks offering competitive interest rates and flexible loan terms, obtaining a bank loan can be a daunting task with several hindrances. This is why individuals often opt for alternative choices such as lender loans or online loans. Online loans provide a hassle-free alternative for those seeking prompt cash without having to leave their homes or expend energy in search of the most favorable terms.

Online loans give a slew of irresistible features for a prospective borrower:

Obtain a loan from the comfort of your own home or office by comparing loan options from various lenders online.
With lenders operating 24/7, online lending offers unparalleled convenience to apply for a loan at any time.
Simplify the documentation process and obtain a loan without collateral or a guarantor requirement through straightforward online applications.
The use of automated systems ensures a fair and efficient loan evaluation, decision-making, and fund transfer process.
Keep your financial information private and secure by applying for loans online and avoid sharing details with a banking professional.
Get your loan application and disbursement process completed within hours by choosing online lending, known as "Same Day Loans."
With an impressive 90% approval rate, online lenders do not engage in cross-selling, unlike some banks.
Online loans are versatile and can be used for any purpose you desire, making it a great option for various financial needs.
Keep track of your loan payments easily through online loan management tools, and avoid missing payments that could harm your credit score.

The widespread availability and convenience of online loans in the Philippines have made them a popular choice for many Filipinos seeking financial assistance. With minimal documentation requirements and a high likelihood of approval, even for those with less-than-perfect credit histories, these loans offer a hassle-free and attractive option. Moreover, the added benefit of prompt fund disbursement only amplifies their appeal.

How to Take an Instant Loan Correctly and Profitably?

The convenience of obtaining fast cash through a simple online loan application process can be tempting, causing some people to rely on such loans for all their financial needs without careful deliberation. However, this impulsive approach can lead to disorganized finances and eventually spiral into an unmanageable debt burden.

Below are the crucial points in securing the right loan:

Always be honest when applying for loans to avoid negative impacts on your credit score.
Avoid applying for loans from multiple lenders at once to prevent damaging your credit score.
Take the time to compare different offers to find the best loan option.
Have a solid repayment plan to avoid harming your credit score with missed or late payments.
Carefully review all loan documents and terms before making any final decisions.

Conclusion

Loans can be both a helping hand and a trap. While they can provide the necessary financial assistance to reach your goals, they can also lead you into a vicious cycle of debt if not handled responsibly. The key to making the most of loans is to have a thorough understanding of your financial situation and to devise a well-thought-out plan. With careful consideration of your requirements and smart decision-making, loans can prove to be a valuable asset on your journey towards financial independence.

Our Partners:

Kviku Lending Co. INC.

18A Trafalgar Plaza, 105 H.V. Dela Costa Street, Salcedo Village Makati City, the Philippines SEC Registration No. CS201918702.
Certificate of Authority No. 3169
NPC Registration No. PIC-001-791-2021

DIGIDO FINANCE CORP.

SEC Registration No. 202003056. Certificate of Authority No. 1272

Representative example:
You apply for PHP 20,000 and choose repayment over 6 months, your monthly payment will be only PHP 5,000 per month, your total cost of the loan will be PHP 2,383 per month (APR = 143%)

MoneyCat Financing Inc.

Address: Unit 1701 Tycoon bldg Pearl Drive st. Brgy San Antonio Ortigas Center Pasig City, ph 1800. Certificate of Authority To Operate Number: 1254 granted by the Securities & Exchange Commission

Fill out an online loans registration form and you can get up to 20,000 PHP on your account. MoneyCat Financing Inc. gives you an opportunity to take loans from reliable credit partners. To get a loan you need to provide: any document, phone number and bank account in your name.

Cashspace.ph

is a brand of the company Fininity Ltd (registration number: 14523902, address: Tartu Street 84a, Tallinn, 10112, EE.)

This site is not a financial institution, bank, or lender. This site finds loans for customers, acting as an intermediary between a client who is looking to take a loan and a licensed financial institution. It is not responsible for any loan agreement. This website does not charge a service fee, nor is it responsible for the actions, inactions, or interest rates of any lender. You are never under any obligation to use the service, initiate contact, or request credit with any lenders this site connects you to.

Crezu.ph

is a brand of the company Fininity Ltd (registration number: 14523902, address: Tartu Street 84a, Tallinn, 10112, EE.)

This site is not a financial institution, bank, or lender. This site finds loans for customers, acting as an intermediary between a client who is looking to take a loan and a licensed financial institution. It is not responsible for any loan agreement. This website does not charge a service fee, nor is it responsible for the actions, inactions, or interest rates of any lender. You are never under any obligation to use the service, initiate contact, or request credit with any lenders this site connects you to.

Material disclosure

APR Disclosure: When looking to take out a loan, one of the most crucial elements to consider is the Annual Percentage Rate (APR). The APR is an important factor because it represents the total amount of interest you'll pay on the loan over its lifetime, including fees and the repayment schedule. It's essential to be aware that different types of loans and lenders can have widely varying APRs. For instance, cash advances can have the highest APRs, sometimes up to 1386%, while personal loans have a broader range of APRs from 4.99% to 450%. As a responsible borrower, it's essential to review the APR and all other loan terms thoroughly before signing an agreement. Keep in mind that APR rates are not fixed and may change over time. Therefore, it's wise to stay vigilant and stay informed of any rate changes that could impact your loan.

Material Disclosure: The website operator is not a lending institution, broker, or representative of any financial organization. Rather, we function as a referral platform that links potential borrowers with qualified participating lenders who may extend loans for cash advances ranging from ₱10,000 to ₱25,000, installment loans up to ₱100,000, and personal loans up to ₱500,000. Please keep in mind that not all lenders can offer these loan amounts, and there is no guarantee that any participating lender will accept your application. Our service is not a solicitation or proposal for any unlawful loan product. It is not a binding loan offer, and there is no obligation to lend. We do not endorse or charge for any service or product, and any compensation received is exclusively for the advertising services provided by participating lenders. Our service is invalid in prohibited areas. We are not responsible for any actions taken by the lender, and we have no access to the complete details of your loan, including the Annual Percentage Rate (APR). If you require more information about your loan, including the specific loan terms, interest rates, renewal options, payment details, and potential repercussions for missed payments, please contact your lender directly. By submitting your registration details on this website, they may be shared with one or more participating lenders. The use of our service does not compel you to initiate communication with a lender, register for credit, apply for any loan product, or accept a loan from a participating lender. Lenders' repayment terms, cash transfer times, and local regulations may differ. Some faxing may be necessary. These disclosures are only provided for informational purposes and should not be interpreted as legal counsel.

Credit Implications: The operator of this website does not make loan decisions, but rather connects you to a network of independent participating lenders who will assess your creditworthiness and credit history by checking with credit reporting agencies or by utilizing reports from alternative providers. By submitting your information, you consent to these participating lenders verifying your details and credit history. The loans offered by these participating lenders are meant to provide short-term relief and should not be viewed as a long-term debt solution. You should only borrow an amount that you can repay on your next payday. It's important to consider seeking expert financial advice to understand your options and the associated risks. Late payments may result in added fees or collection actions. Every lender has its own set of terms and conditions, so be sure to review them carefully. Failing to repay a loan may lead to collection activities. Every lender has a unique policy regarding renewals, so be sure to review your lender's policy before proceeding.