Emergency Loan in the Philippines

Facing a financial crunch? Tired of asking family for help? An emergency loan might be your lifeline. Quick, easy, and with minimal paperwork, it's a fast way to get the cash you need. Discover the benefits, process, and requirements of emergency loans in the Philippines. Decide if it's the right solution for your situation.

Search for loans
Digido - Loans online, fast and reliable
APR 59.9%
₱1,000 — ₱25,000
21 — 70 years
from 2 to 6 months
MoneyCat - Cash loan online with fast approval in Philippines
APR 145%
₱500 — ₱20,000
22+ years
from 3 to 6 months
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.
Online Loans Pilipinas - 0% interest, instant approval
APR 143% per year
₱1,000 — ₱20,000
22 — 70 years
from 61 to 183 days
Crezu - Get an online loan in just 5 minutes
APR from 0% to 36%
₱1,000 — ₱25,000
18 — 70 years
from 61 to 120 days
More info Fininity Ltd
FinApps - Fast personal loans
from 12% up to 36%
₱1,000 — ₱25,000
20 — 70 years
from 61 to 120 days
More info IE Anton Olefir
LoanOnline - Compare loans completely free
APR from 0% to 427%
₱500 — ₱25,000
18+ years
from 3 to 12 months
More info SIA JEFF
Credy - Personal loans online 24/7
APR from 0% to 143%
₱1,000 — ₱25,000
18+ years
from 61 to 120 days
More info Traffic Control OÜ
Credit Nice - Money Loans. Approval Regardless of Credit
₱50,000
18+ years
More info TOV INTERNET FINANCE GROUP
Kviku - Online Bank
0.16% per day
₱500 — ₱25,000
20 — 55 years
from 2 to 6 months
Finami - Fast and easy online loans 24/7
APR from 4% to 916%
₱1,000 — ₱25,000
18+ years
from 30 days
More info Infinsacom Kft.
Credify - Online loans with beneficial rules
APR 180%
₱1,000 — ₱25,000
20+ years
from 3 to 12 months
More info SCHAEFER LLC
Creditify - Get a loan today for a better tomorrow
₱200 — ₱25,000
18+ years
Mazilla - Get money online in Philippines
APR from 30% to 365%
₱500 — ₱25,000
18+ years
from 91 days to 2 years
More info SIA ROKSORE
Finbro - Online lending platform to get a loan quickly
from 0%
₱1,000 — ₱50,000
20 — 70 years
up to 12 months
Cashspace - Quick online loans in the Philippines
APR from 12% to 36%
₱1,000 — ₱25,000
18+ years
from 61 to 120 days
More info Fininity Ltd
Pero Loan - Find a loan in 5 minutes
APR from 0% to 427%
₱500 — ₱25,000
18+ years
from 3 to 12 months
More info SIA JEFF
Zaimoo - Borrow up to 25,000 pesos at 0.01%
APR from 11.9% to 365%
₱100 — ₱25,000
18+ years
from 61 days to 60 months
More info Densure LLC
Finloo - Best online loan in 2 minutes
from 0%
₱1,000 — ₱25,000
18+ years
up to 30 days
Finmerkado - Best Legit Fast Loans Online in the Philippines
APR from 0% to 427%
₱500 — ₱30,000
21 — 64 years
from 3 to 12 months
More info SIA JEFF

Debt is deeply ingrained in Filipino culture, with nearly half of adult Filipinos carrying outstanding loans, according to the 2023 Bangko Sentral ng Pilipinas (BSP) Financial Inclusion Survey. The Philippine financial landscape offers various borrowing options, including emergency and personal loans. Emergency loans are particularly sought after during financial crises or natural disasters when immediate cash is crucial. It's essential to weigh the pros and cons of each loan type before making a decision. Here we explore different emergency loan avenues in the Philippines and their associated benefits and drawbacks.

Emergency Loans in the Philippines: Quick Cash Solutions

Facing an unexpected financial challenge? Don't panic. Several options can provide rapid access to funds.

Personal Loans from Banks

For substantial loan amounts, consider a personal loan from a bank. These loans often boast competitive interest rates and extended repayment periods, making them a secure and affordable borrowing choice. However, banks typically have stringent eligibility criteria and lengthy processing times.

Advantages of Personal Loans:

Disadvantages of Personal Loans:

Emergency Loans

Emergency loans provide swift financial relief for unexpected expenses. While convenient, they often come with higher interest rates and shorter repayment terms.

Common Providers:

Popular Emergency Loan Providers:

Salary Loans

Salary loans offer a middle ground between personal and emergency loans. They typically require income verification but provide faster access to funds than traditional bank loans.

Pawning (Sangla)

Pawning involves using valuables as collateral to obtain a loan. It offers quick access to cash but carries the risk of losing the pawned item if the loan is not repaid on time.

Loans from Family and Friends

Borrowing from loved ones can be a convenient option, but it's important to maintain clear expectations and repayment plans to avoid straining relationships.

Conclusion

Carefully consider your financial situation and the terms of each loan option before making a decision. Responsible borrowing is crucial for long-term financial well-being.

Emergency Loan in the Philippines - Pros and Cons

Positives
  • All process is online and fast
  • Automated service, working 24/7
  • First loan with 0% interest rate, if repayed in time
  • Data is secured
  • Collateral and guarantor not needed
  • Transparent term
  • No hidden fees!
  • Mobile App is available on Google Play and App Store
Negatives
  • High interest rate from the second loan
  • High penalties, if not repayed in time
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

Questions and answers about Emergency Loans

Emergency Loan in the Philippines

Interest
Loan amount
Term
Borrower age
SEC registered
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 145%
₱500 — ₱20,000
from 3 to 6 months
22+ years 
SEC Registration number: CS201953O73., Certificate of Authority №1254
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
APR 143% per year
₱1,000 — ₱20,000
from 61 to 183 days
22 — 70 years 
Registration № CS201726430, CA №1181
APR from 0% to 36%
₱1,000 — ₱25,000
from 61 to 120 days
18 — 70 years 
registration number: 14523902
from 12% up to 36%
₱1,000 — ₱25,000
from 61 to 120 days
20 — 70 years 
APR from 0% to 427%
₱500 — ₱25,000
from 3 to 12 months
18+ years 
Latvian business number 43603085405
APR from 0% to 143%
₱1,000 — ₱25,000
from 61 to 120 days
18+ years 
Estonian Commercial Register under no. 11501857
₱50,000
18+ years 
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 from 4% to 916%
₱1,000 — ₱25,000
from 30 days
18+ years 
Compani No 1092
APR 180%
₱1,000 — ₱25,000
from 3 to 12 months
20+ years 
₱200 — ₱25,000
18+ years 
APR from 30% to 365%
₱500 — ₱25,000
from 91 days to 2 years
18+ years 
from 0%
₱1,000 — ₱50,000
up to 12 months
20 — 70 years 
SEC Registration No. CS201908275 SEC Certificate of Authority No. 2990
APR from 12% to 36%
₱1,000 — ₱25,000
from 61 to 120 days
18+ years 
registration number: 14523902
APR from 0% to 427%
₱500 — ₱25,000
from 3 to 12 months
18+ years 
43603085405
APR from 11.9% to 365%
₱100 — ₱25,000
from 61 days to 60 months
18+ years 
08217974
from 0%
₱1,000 — ₱25,000
up to 30 days
18+ years 
APR from 0% to 427%
₱500 — ₱30,000
from 3 to 12 months
21 — 64 years 
43603085405
Was this page useful?
0 of 0 users think this was helpful
0  0