Loan No Requirements in the Philippines

Digido - Loans online, fast and reliable
APR 143%
₱1,000 — ₱25,000
21 — 70 years
from 3 to 6 months
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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
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Finami - Fast and easy online loans 24/7
APR from 4% to 916%
₱1,000 — ₱25,000
18+ years
from 30 days
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Kviku - Online Bank
0.16% per day
₱500 — ₱25,000
20 — 55 years
from 2 to 6 months
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LoanOnline - Compare loans completely free
APR from 0% to 427%
₱500 — ₱25,000
18+ years
from 3 to 12 months
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Crezu - Get an online loan in just 5 minutes
from 0%
₱1,000 — ₱25,000
18 — 70 years
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CashXpress - Apply online loan fast and safe
APR 365%
₱1,000 — ₱20,000
18+ years
7 or 14 days
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Online Loans Pilipinas - Fast and Easy Online Loans 24/7
from 0%
₱1,000 — ₱20,000
22 — 70 years
from 10 days
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Cashspace - Quick online loans in the Philippines
from 0%
₱1,000 — ₱25,000
18+ years
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Binixo - Free service for loans comparison
APR from 4% to 916%
₱1,000 — ₱25,000
18+ years
from 3 to 12 months
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Finbro - Online lending platform to get a loan quickly
from 0%
₱1,000 — ₱50,000
20 — 65 years
up to 12 months
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Mazilla - Get money online in Philippines
APR from 30% to 365%
₱500 — ₱25,000
18+ years
from 91 days to 2 years
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Pero Loan - Find a loan in 5 minutes
APR from 0% to 427%
₱500 — ₱25,000
18+ years
from 3 to 12 months
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Credify - Online loans with beneficial rules
APR 180%
₱1,000 — ₱25,000
20+ years
from 3 to 12 months
  • Loan amount from PHP 1,000 to 25,000
  • Repayment period from 3 to 12 months
  • Max. APR (annual percentage rate) 180%
  • Loans in 15 minutes
  • Receive money in a bank account
  • Service charge of PHP 0
  • For any purposes
  • You can get several loans at once
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SosCredit - If you urgently need money
APR up to 180%
₱1,000 — ₱25,000
20+ years
from 3 to 12 months
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FinApps - Fast personal loans
from 12% up to 36%
₱1,000 — ₱25,000
20 — 70 years
from 61 to 120 days
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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
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PERSONAL LOAN NO REQUIREMENTS

One of the most widespread services among others in the Philippines is Loan No Requirements. Having faced financial troubles or the need for unexpected payment, many question themselves about the solution and sometimes taking out a loan doesn’t seem like the right one because of the obligations imposed. However, more and more opportunities to make a loan without complex conditions and paperwork tend to appear now.

The system of quick loans in the Philippines is provided by both government support programs and private banks, each of which suggests its own terms of a loan. Citizens can consider loan no requirements or pawn loans in case they do not have a job currently or struggle financially for some other reason. In order to pick the most appropriate offer, the borrower needs to become familiar with general requirements and then take into consideration the advantages of a particular company.

To form an application, the borrower must submit documents, which would confirm that he:

These documents are sufficient to apply for a quick loan. The system is also simplified by the fact that such an application can be submitted online. In case the potential borrower meets the requirements, the necessary money will be provided within 24 hours. The borrower will hold a big advantage if he has a good credit history, but a large number of small online loan companies also provide financial support for those who have a negative credit history or none at all.

The conditions under which credit organizations make loans differ significantly. The amount of the loan and the duration for which it is issued are determined individually for each client. The minimum term for which you can take a loan according to offers on loan websites is 10 days, the maximum – 365 days. The minimum available amount of the loan is 1,000 Philippine pesos and the maximum is 50,000. Based on the amount-to-term ratio, each company forms different interest rates.

For the convenience of clients, special online loan calculators are provided, with help of which you can measure the interest and the amount of the monthly payment. All the potential borrower needs to do is to indicate the amount he is inclined to borrow and the period of time. The fee and the sum of total payment, including the interest that the borrower will pay over the life of the loan, will be calculated.

In order to avoid unforeseen situations, the borrower needs to clearly assess the ratio of his income to the monthly payment. A loan no requirements does not impose heavy obligations, but the client must make payments without delay.

After choosing the most sufficient offer the client should learn about possible ways of paying the loan back that are there. Almost all of microfinancial companies in Philippines suggest three ways to repay the loan. The first one is to put money on the card on which the loan was issued. Such a transaction can be easily performed online. The second way is to put money at the cash desk of any Philippine bank. The third one is to find any terminal nearby in any public institution.

Having analyzed all aspects of the service, it is possible to conclude that quick loans provide the opportunity to promptly receive financial support for any purpose from medical operation to vacation travel. The absence of strict requirements for the borrower makes such an assistance as accessible as possible to any Philippine citizen who is facing financial difficulties.

Loan No Requirements 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!

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

Negatives

  • High interest rate - 11,9%
  • High minimum age - 22 years

Loan No Requirements in the Philippines

Interests
Loan amount
Term
Borrower age
License
APR 143%
₱1,000 — ₱25,000
from 3 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 
Certificate of Authority To Operate Number: 1254
APR from 4% to 916%
₱1,000 — ₱25,000
from 30 days
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 0% to 427%
₱500 — ₱25,000
from 3 to 12 months
18+ years 
Latvian business number 43603085405
from 0%
₱1,000 — ₱25,000
18 — 70 years 
registration number: 14523902
APR 365%
₱1,000 — ₱20,000
7 or 14 days
18+ years 
Company Registration No. CS201951088 and Certificate of Authority No. 2918
from 0%
₱1,000 — ₱20,000
from 10 days
22 — 70 years 
Registration № CS201726430, CA №1181
from 0%
₱1,000 — ₱25,000
18+ years 
registration number: 14523902
APR from 4% to 916%
₱1,000 — ₱25,000
from 3 to 12 months
18+ years 
from 0%
₱1,000 — ₱50,000
up to 12 months
20 — 65 years 
SEC Registration No. CS201908275 SEC Certificate of Authority No. 2990
APR from 30% to 365%
₱500 — ₱25,000
from 91 days to 2 years
18+ years 
APR from 0% to 427%
₱500 — ₱25,000
from 3 to 12 months
18+ years 
43603085405
APR 180%
₱1,000 — ₱25,000
from 3 to 12 months
20+ years 
APR up to 180%
₱1,000 — ₱25,000
from 3 to 12 months
20+ years 
from 12% up to 36%
₱1,000 — ₱25,000
from 61 to 120 days
20 — 70 years 
APR from 11.9% to 365%
₱100 — ₱25,000
from 61 days to 60 months
18+ years 
08217974
APR 143%
₱1,000 — ₱20,000
22 — 70 years 
Registration № CS201804564
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
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 
APR 547.5%
₱1,000 — ₱10,000
unlimited
18+ years 
Registry code: 14855426
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
1.3% per day
₱1,000 — ₱30,000
from 30 days
20 — 65 years 
CS20200000915
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