Who is eligible to apply?

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

Benefits

• Enjoy a smooth and effortless financial transaction from the convenience of your own home.
• Say goodbye to tedious in-person visits, as all operations can be completed online.
• Our swift and reliable system ensures that you receive up to ₱ 10 000 in just four minutes, directly deposited into your bank account.
• Skip the hassle of needing guarantors, complicated documentation, or large deposits.
  
• Our fully automated service provides the perfect solution for your financial needs.
  

Terms

Our Instant Online Loan is an installment loan that can be accessed online with flexible payment terms.

• Borrow between ₱10,500 to ₱25,000
  
• Repayment terms of 3 to 6 months.
  
• Interest rates are at a competitive 11.9% per month (maximum APR=143%).
  

Representative example:

Considering you want to borrow PHP 20,000 and opt to pay it back over 6 months, which means you'll need to pay PHP 5,000 every month. However, you should know that the loan's total cost will be PHP 2,383 per month, with an annual percentage rate (APR) of 143%.

Online Loans in the Philippines

Even though it's always been suggested to save money and stay away from loans, financial stability is a goal that many people strive for, regardless of their background. However, loans can be advantageous to improve one's financial situation if utilized appropriately. For instance, taking out a loan to invest in professional development or acquire new skills can result in long-term benefits.

Using loans to indulge in consumerist habits or leisure activities can be detrimental to financial stability. The key isn't the mere existence of loans, but rather how they are used. Making sound choices regarding loans can lead to financial independence, while making impulsive decisions with loans can lead to financial devastation.

How do Instant Loans Work in the Philippines?

Access to formal banking services in rural areas of the Philippines is limited, leaving a substantial number of people without traditional banking options. This situation creates a two-fold problem, as individuals are forced to travel to more populated areas only to encounter congested banks and slow service due to the high number of customers and lengthy documentation requirements.

However, securing an online loan is an accessible and speedy process, requiring only a valid ID and proof of income. By signing up for an account on an online platform, submitting the necessary documentation to demonstrate creditworthiness, and receiving a decision within minutes, online loans have become the preferred choice for urgent financial requirements, aided by high Internet penetration rates in the Philippines. They provide convenience and speed without the need to travel to faraway banks or queue up for extended periods.

Are Online Loans Legit?

It's important to be cautious when dealing with online lending companies since not all of them are legitimate. To operate legally, these companies must register with the SEC and have a physical office in the Philippines. Unfortunately, some unscrupulous lenders operate solely online and prey on unsuspecting customers. It can be challenging to determine which lenders are legitimate and which are not when looking for quick loans online. To make sure you're dealing with a reputable lender, take the time to check their information on the SEC website. For instance, Digido, one of our partners, is a fully licensed online lender with SEC Registration No.: 202003056 and Certificate of Authority No. 1272. Always exercise caution and research to ensure that you're dealing with a trustworthy online lender.

What are Online Loans?

Gaining financial freedom demands a well-constructed plan and persistence, but sometimes unforeseen expenses may hinder even the most solid financial strategies. In such instances, taking a loan from your acquaintances, family, bank, or lenders could be the solution. While banks provide attractive deals with low-interest rates and flexible repayment options, the complex loan application process can be intimidating, and numerous hurdles may arise. That is why many people opt for alternative sources like lender loans or online loans. Online loans provide a convenient option for individuals who require swift financial aid without the hassle of stepping out of their homes or comparing multiple deals in the market.

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

1. Online lending provides a hassle-free way to compare loan options from different lenders without leaving your home or office.
   
2. The convenience of online lending is unparalleled, as lenders operate 24/7, making it easy to obtain a loan at any time
3. Applying for an online loan is easy with minimal documentation requirements and no need for collateral or a guarantor.
   
4. The loan evaluation and decision-making process is fully automated, ensuring fairness and efficiency.
   
5. Your financial information is kept secure and private, eliminating the need to share details with a banking professional.
   
6. Online loans are known for their quick disbursement, often processed within hours of application, earning them the nickname "Same Day Loans."
7. With a 90% approval rate, online lenders are more likely to offer loans to borrowers than some traditional banks that engage in cross-selling.
8. Online loans are versatile and can be used for any purpose, such as debt consolidation, home improvement, or emergency expenses.
9. Keeping track of loan payments is made simple with online loan management tools, allowing borrowers to monitor their payment schedule and balance.

The convenience and accessibility of online loans in the Philippines have made them highly sought-after. Their easy application process and high approval rates, even for those with poor credit scores, have made them an appealing option for Filipinos who require financial help. Additionally, the quick disbursal of funds has only increased their attractiveness.

How to Take an Instant Loan Correctly and Profitably?

In today's fast-paced world, people are constantly on the lookout for ways to make their lives easier and more convenient. Online loans have become increasingly popular as they offer the promise of quick funds with minimal hassle. However, the ease of obtaining these loans can sometimes lead individuals to make hasty decisions without considering their financial situation and the long-term consequences of taking on debt. This lack of consideration can lead to a vicious cycle of debt, where the borrower finds themselves struggling to pay off the loans they have taken out. It is important to remember that loans, no matter how convenient, should be taken out only after careful consideration of one's financial situation, with a clear plan for repayment in place. Failure to do so can result in serious financial consequences and a significant impact on one's credit score.

Below are the crucial points in securing the right loan:

1. Honesty is crucial when applying for loans to avoid a negative impact on your credit score, as lenders may perform a hard credit check if false information is provided.
2. Applying for loans from multiple lenders simultaneously can lower your credit score, so it's best to limit your applications.
3. Take your time to compare different lenders to find the best loan option for your needs.
4. Having a solid plan to repay the loan in full and on time is essential to maintain a good credit score and secure favorable loans in the future.
5. It's important to review and understand all loan documents and terms before making any final decisions.

Conclusion

Taking out a loan can be a risky business as it can either make or break your finances. While loans can provide the much-needed financial support to achieve your goals, they can also lead you down a path of financial ruin if not used wisely. To make the most of loans, it is important to have a clear understanding of your financial situation and develop a well-thought-out strategy. By assessing your needs and making informed decisions, loans can become an effective tool to reach financial freedom. However, it is crucial to borrow only what you can afford to pay back and avoid taking out loans without a clear repayment plan in place. With careful consideration and smart planning, loans can be a double-edged sword that works in your favor.

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.

APR Disclosure: When searching for a loan, it's crucial to pay attention to the Annual Percentage Rate (APR), as it represents the interest you'll be charged over the loan term. The APR takes into account the loan amount, fees, and repayment schedule. Depending on the type of loan and lender, APRs can vary widely, with cash advances having the highest rates (up to 1386%) and personal loans having a range from 4.99% to 450%. Lenders are required by law to disclose this information, so it's important to review the APR and other loan terms carefully before signing a loan agreement. It's also important to note that APR rates are subject to change and may fluctuate over time.

Material Disclosure: Our website is not a lender, intermediary, or representative of any lending organization. Instead, we are an advertising referral platform that connects potential borrowers with qualified participating lenders who offer loan amounts ranging from ₱10,000 to ₱25,000 for cash advances, up to ₱100,000 for installment loans, and up to ₱500,000 for personal loans. However, not all lenders can provide these loan amounts, and there is no guarantee of acceptance by any participating lender. Our service does not propose or request any illegal loan products. There is no commitment to lend, and our platform does not endorse or charge for any service or product. Any compensation we receive is solely for advertising services provided by participating lenders. This service and offer are void in prohibited areas. We have no control over any lender's actions and are not responsible for them. We do not have access to the full details of your loan, including the APR. For more information on your loan, including specific loan terms, interest rates, renewal options, payment details, and potential consequences for missed payments, please contact your lender directly. Submitting your registration information on our website may be shared with one or more participating lenders. Using our service does not obligate you to initiate contact with a lender, register for credit or any loan product, or accept a loan from a participating lender. Repayment terms, cash transfer times, and local regulations may vary among lenders. Some faxing may be required. These disclosures are provided for informational purposes only and should not be considered as legal advice.

Credit Implications: Our website does not make any lending decisions. Instead, we connect you to independent participating lenders who may assess your creditworthiness and credit history by conducting checks with credit reporting agencies or obtaining consumer reports through alternative providers. By submitting your information, you consent to these participating lenders verifying your details and credit history. The loans offered by the participating lenders in our network are meant to provide you with short-term cash relief and are not intended to be a long-term debt solution. It's essential to borrow only what you can pay back on your next payday. Consider seeking expert financial advice for your needs, the risks involved, and alternative options to short-term loans. Late loan payments could result in added fees or collection actions, or both. Every lender operates under their own set of terms and conditions, so be sure to review them for more information. Failing to repay a loan could lead to collection activities. Every lender has a unique renewal policy, so be sure to review the policy of your lender before proceeding.