OLP - Online Loans Pilipinas — loans online in Philippines

0% interest rate if you pay back on the first payment date

• Amount from PHP 1,000 to 20,000
• Amount for first-time applicants up to PHP 7,000
• First payment in 10 days
• Loan period 61 days - 183 days
• Maximal Annual percentage rate (APR) including all commissions is 143% per year
• Download the app OLP for 100% mobile experience

Advantages of service OLP

• Simplest process. No collateral, only 1 valid ID, no payslips or proofs of billing
• Transparent costs. With the full cost shown up front, use the calculator to count fees applied before making a decision
• Flexible repayment terms. In case of unforeseen circumstances through no fault of the borrower, get 30 days extension
• Fast approval, instant disbursement. Get a decision in a few minutes and get money in less than 5 minutes 24/7 even on holidays
• Better offer for repeaters. Repay your loan on time and get up to PHP 20,000 on your next loans and other benefits.

Who can use Online Loans Pilipinas service - loan requirements

• Age frоm 22 to 70 years
• Located in the Philippinas (nationwide)
• Employed individuals or selected professionals
• Have any of ids: TIN, Passport, PRC, UMID, SSS, Driver’s License
• Have a valid bank or e-wallet account

How to get a OLP loan

Easy steps to get a cash loan:

• Apply for Loan. Complete the application process in 3 minutes
• Wait for approval. In a few minutes you will receive our decision through SMS or call
• Get money. You'll receive money in less than 5 minutes (using InstaPay)
• Make repayment. Pay via Gcash, at 7-11, via online banking or via 5000+ branches nationwide.

Online Loans Pilipinas: FAQs

How to repay?
You can repay your loan through these 3 payment options:

• Over-the-counter
• Online Repayment
• E-wallet

Choose your desired payment option and channel, then follow the instructions. We recommend paying online through your personal area for real time posting.

How will I know if I am approved?

OLP will notify you through SMS once your application was approved and another one once loan was successfully disbursed into your account.

What if my loan declined?

We are sorry that your application was declined. We do not disclosed the reason for approving and disapproving loan application. You can still try to re-apply after 7 days.

I am planning to settle my loan early; can I re-apply again?

Early repayment is available for all our products. If you decide to repay your loan early, you may be charged an early repayment fee. Detailed information on early repayment availability will be specified in your loan agreement.

What if I don’t have a bank account?

For customers who don't have a bank account, you can use your active Gcash, Paymaya or Grabpay account for disbursement.

Need a fast loan? Apply now and get approved within 24 hours! No collaterals, no tedious processing. Just fast cash by Online Loans Pilipinas.

Representative example of full loan cost and APR: If you borrow 10,000₱ over a term of 3 months with an APR of 143%, you will pay 4,522₱ each month. The total amount payable will be 13,565₱, with a total overpayment of 3,565₱.