Best Legit Loan Apps

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MoneyCat - Cash loan online with fast approval in Philippines
APR 145%
₱500 — ₱20,000
22+ years
from 3 to 6 months
Kviku - Online Bank
0.16% per day
₱500 — ₱25,000
20 — 55 years
from 2 to 6 months
Digido - Loans online, fast and reliable
APR 59.9%
₱1,000 — ₱25,000
21 — 70 years
from 2 to 6 months
Online Loans Pilipinas - 0% interest, instant approval
APR 143% per year
₱1,000 — ₱20,000
22 — 70 years
from 61 to 183 days
Cash express - Online Loans in 15 minutes with No Requirements
from 0% up to 1.99% per day
₱1,000 — ₱20,000
21 — 70 years
7 or 14 days
More info CashXpress South East Asia Lending Inc.

The Top 3 Loan Apps with Low Interest Rates in the Philippines

cash_express

If you're looking for a loan app with low interest rates in the Philippines, here are five options to consider.

Online loans Philippines app

OLP - Fast Approval Loan App offers a special offer for new clients, with a minimum interest rate of 0% and a maximum APR of 180%. The loan amount ranges from ₱1,000 to ₱30,000, with a credit term of 90 to 720 days. Plus, there are no other fees for first-time borrowers.

Applying for a loan is easy and fast. Simply download the app on your smartphone or laptop, select your loan amount, fill out the forms in five minutes, and wait for approval. Once approved, you can get the money deposited to your bank account or e-wallet (GCash and others) in just five minutes.

With OLP - Fast Approval Loan App, you can enjoy the following benefits:

To qualify for a loan, you must be a Filipino citizen who is at least 18 years old, has at least one valid ID and a mobile number, and has a job or is self-employed.

You can use the loan for various purposes such as paying bills, buying medicine, repairing your bike, buying gifts, dealing with calamities, or for leisure. Repayment is easy and convenient, with options such as paying via e-wallets (GCash / PayMaya / Coins.ph) or online banking using Dragonpay, going to any 7 Eleven and using the Cliqq machine via DRAGON LOANS, or visiting any Bayad Center, LBC, Cebuana, SM or Robinsons Payment center, RD Pawnshop and Palawan Express using DRAGONPAY.

Address of the Financing company: Unit 1402-06 14th Flr Tycoon Center, Pearl Drive, San Antonio, Pasig City

Online Loans Pilipinas Financing Inc. (formerly Magic World Technologies Inc.)

The company is a legit Financing company, SEC Registration No. : CS201726430

Certificate of Authority #1181

MoneyCat App

moneycat

MoneyCat is a loaning app designed specifically for Filipinos, providing financial mobility and instant borrowing options at any time of the day. With this loan app, you can receive credit for 90 to 180 days at an annual rate of 16.6% per month. The application is based on mobile Internet security technology and Big Data analysis, ensuring high security for transactions and user information.

GCash App

The GCash app turns your mobile phone into a virtual wallet, allowing you to pay for purchases and transfer money quickly and easily. With this loan app, you can make online purchases without using a physical card, thanks to the American Express Virtual Pay card linked to your mobile wallet. You can also withdraw funds from PayPal for free, transfer cash from bank accounts at Bank of the Philippine Islands and Rizal Commercial Banking Corporation, and receive money transfers from Western Union and MoneyGram. Plus, regular use of GCash earns you bonus points that can be used to access credit funds through the GCredit service.

Tala App Philippines

Tala is a loan app that allows you to get a quick online loan in just five minutes. You can borrow funds for 21 or 30 days without worrying about collateral or surety. The application process is simple, and you only need one document to confirm your identity. You can repay your loan in full or in part at any time within the specified term, and you can use 7-Eleven, Cebuana Lhuillier, M Lhuillier, or Coins.ph to pay off your debt.

Loan App Comparison

If you're trying to decide between GCash, Tala, and MoneyCat, here's a quick comparison of their key features and benefits:

List of all legit loan providers in the Philippines

Best Legit Loan Apps - Pros and Cons

Positives
  • First loan is for free
  • Simple in use
  • Fast registration - only 5 minutes
  • Fully online process
  • Data is secured
  • Mobile App is available on Google Play
Negatives
  • High interest rate - 11,9%
  • High minimum age - 22 years
Positives
  • Works 24/7 and 24-hour approval
  • 100% online process
  • Transparent costs
Negatives
  • Low amount for the first application PHP 7,000
  • Low maximum age - 55 years

Questions and answers about Best Legit Loan Apps

Best Legit Loan Apps

Interest
Loan amount
Term
Borrower age
SEC registered
APR 145%
₱500 — ₱20,000
from 3 to 6 months
22+ years 
SEC Registration number: CS201953O73., Certificate of Authority №1254
0.16% per day
₱500 — ₱25,000
from 2 to 6 months
20 — 55 years 
SEC Registration No. CS201918702. Certificate of Authority No. 3169, NPC Registration No. PIC-001-791-2021
APR 59.9%
₱1,000 — ₱25,000
from 2 to 6 months
21 — 70 years 
SEC Registration No. 202003056. Certificate of Authority No. 1272
APR 143% per year
₱1,000 — ₱20,000
from 61 to 183 days
22 — 70 years 
Registration № CS201726430, CA №1181
from 0% up to 1.99% per day
₱1,000 — ₱20,000
7 or 14 days
21 — 70 years 
Company Registration No. CS201951088 and Certificate of Authority No. 2918
2% per day
₱1,000 — ₱30,000
from 30 days
20 — 65 years 
CS20200000915
APR 84%
₱5,000 — ₱50,000
from 6 to 24 months
18+ years 
₱5,000 — ₱25,000
from 6 to 12 months
18 — 68 years 
Reg No. CS201602333
₱1,000 — ₱25,000
21 — 70 years 
SEC Registration No.CS201902369
Interest rate 0.2% per day
₱50,000
from 30 to 120 days
21 — 60 years 
SEC Registration Number: CS201603853
APR 145%
₱500 — ₱20,000
from 90 to 180 days
22+ years 
CS201953073
from 0% up to 2,1% per day
₱1,000 — ₱25,000
from 7 to 180 days
21 — 70 years 
APR 194%
₱1,000 — ₱50,000
from 2 to 6 months
18+ years 
SEC Registration No. CS202003056
APR from 30% to 360%
from 61 to 365 days
18+ years 
0,5% per day
₱1,000 — ₱25,000
from 1 to 61 days
18+ years 
SEC Registration No. CS201710582, Certificate of Authority No. 1132
APR: 20.8415%
₱5,000 — ₱50,000
21 — 50 years 
APR 39.78% – 54.756%
₱3,500 — ₱500,000
from 6 to 10 months
18+ years 
₱100,000
from 2 to 12 months
18+ years 
SECNo. CS200813771, Certificate of Authority No. 279
from 12.98% to 40.50%
₱1,000 — ₱100,000
from 180 to 365 days
18+ years 
CS201628816
APR from 3.95 to 49.68%
₱1,000 — ₱10,000
from 15 to 45 days
21+ years 
SEC Registration No. CSC201800209
₱20,000 — ₱180,000
from 365 to 1460 days
 
CS200917691
APR 143%
₱10,000 — ₱50,000
from 180 to 720 days
 
CS201300789
3.49% monthly
₱2,000 — ₱40,000
from 1 to 12 months
 
CS201516347
₱2,000 — ₱15,000
up to 3 monthes
20+ years 
Registration No.CS201825672 Certificate of Authority 2844
₱1,500 — ₱8,000
from 120 to 210 days
20 — 60 years 
NO.CS201916699 CERTIFICATE OF AUTHORITY NO.3119
0,03% per day
₱2,000 — ₱20,000
from 180 to 360 days
21+ years 
SEC registration number at 2021050012959-04
20% per day
₱8,000 — ₱100,000
from 91 to 120 days
18+ years 
SEC Registration No. CS201824008
3.5% per day
₱300 — ₱30,000
6 months
21 — 65 years 
Registration No.CS201617622
0,05% per day
₱2,000 — ₱12,000
from 91 to 120 days
18+ years 
SEC company registration NO.CS201803813
APR from 14% to 35%
₱2,000 — ₱20,000
from 91 to 120 days
18+ years 
Registration No.CS201826247
18+ years 
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