Honey Loan — loans online in Philippines

Honey Loan is a SEC-registered online lending platform in the Philippines operated by Warm Cash Lending Corp. According to their official app information, they hold SEC Registration No. 2021030009095-02 and Certificate of Authority No. 3427, making them a registered entity with the Securities and Exchange Commission. You can apply for a loan using your smartphone or laptop, get approved in minutes, and receive the money through your e-wallet or bank account.

Get fast online loans with HoneyLoan:

• Loan Amount from 1,000 PHP to 30,000 PHP
• Repayment Terms up to 6 months
• The daily interest rate is 0.5%, equivalent to 182% APR
• Flexible repayment options
• Instant approval and money transfer
• 100% online, no hassle
• Responsible direct lender

Requirements

• Age from 21 to 70 years
• Valid Government ID (accepted ids: UMID, TIN, SSS (Social Security System), PRC, Passport, Driver's License, Postal ID, PhilHealt ID, PhilSys ID (National ID), Voter's ID)
• Active mobile phone number

How to apply and receive cash loan in HoneyLoan

1. Create account or sign in. If you are a new customer create an account. If you are an existing customer, please sign in
2. Fill in application form. Fill in your personal information and submit a valid ID and Selfie.
3. Wait for a loan application decision. You will be notified via SMS about the decision. We will contact you in case of any additional questions.
4. Receive your money! You can claim your loan to an e-wallet or via Bank Account transfer (you must be the Bank Account holder).

Convenient ways to get money:

• GCash
• Maya
• BankTransfer

Repayment Terms and Payment Methods

How to repay a loan

1. Sign in to your account.
2. Confirm your sign in. Upon proceeding you will receive an SMS with a confirmation code that you need to enter in the corresponding field.
3. Select repayment method/ Inside your Honey Loan personal account select either the “Make full repayment” or “Make min payment” option.

Repayment options

• Pay via QR PH
• E-wallets/Online Banking
• Pay Over-The-Counter

Missed payments

In case you cannot pay your full repayment yet, Honey Loan offers an option to make Minimum payment which will prolong your Next Payment date for 7, 14 or 30 days.

If you don't repay the loan on time, you will get additional charges for late payment. This might also negatively impact your credit score, reducing the amount you can borrow from Honeyloan in the future.  If you know you won't be able to make the full payment on time, Honeyloan has available de option to make a minimum payment, which will increase your term for at least 1 week and up to 30 days.