Pesoredee — loans online in Philippines

PesoRedee is an online fintech lending platform in the Philippines that offers fast cash loans without collateral or office visits. 

It provides loans up to ₱80,000, with first-time applicants able to borrow from ₱1,000 to ₱7,000, and repeat borrowers in good standing eligible for up to ₱30,000 to ₱80,000. The loan period ranges from 90 days to 720 days. New customers can get a 0% interest rate on their first loan if they repay in full by the due date, after which normal rates apply. The minimum APR is 0% and the maximum APR is 180%. Approval is fast, with money received in less than 5 minutes using InstaPay. 

The company name is Peso Redee Financing Inc., registered with the Philippine SEC under Registration Number CS201804564, and holds Certificate of Authority #1165. PesoRedee is also registered with the National Privacy Commission and complies with data protection regulations. Application is fully online via app or website in about 5 minutes with just one valid ID required.

Loan Terms

The first loan for free! 0% interest rate if you pay back on the first payment date.

• Amount from PHP 1,000 to 20,000
• Up to PHP 7,000 for new clients
• Download the app for 100% mobile experience!

Who can use PesoRedee service?

Loan requirements

• You are 22 - 70 years old
• Located in the Philippinas (nationwide)
• Employed individuals or selected professionals
• Have a valid bank or e-wallet account

Typically required documents include

• Valid government-issued ID (e.g., PhilHealth, SSS, driver’s license).
• Proof of income (e.g., payslip, bank statement, or employment certificate).
• Recent utility bill or other proof of address (if needed).

How to Apply and Get a Loan

Easy steps to get a cash loan PesoRedee.ph

1. Apply for Loan. Complete the application process in 3 minutes
2. Wait for approval. In a few minutes you will receive our decision thru SMS or call
3. Get money. You'll receive money in less than 5 minutes (using InstaPay)

Where will the money be sent if approved?

Approved funds are disbursed directly to your:

• E‑wallet (e.g., GCash, Maya), or
• Bank account (depending on your selected option during application).

How to pay

Make repayment. Pay:

• via Gcash, 
• at 7-11, 
• via online banking 
• via 5000+ branches nationwide.

Benefits of Peso Redee

• Transparent costs - The full cost shown up front, use the calculator to count fees applied before making a decision
• Simplest process - No collateral, only 1 valid ID, no payslips or proofs of billing
• Fast approval, instant disbursement - Get a decision in a few minutes and get money in less than 5 minutes 24/7
• Flexible repayment terms - In case of unforeseen circumstances through no fault of the borrower, get 14 days extension

Is PesoRedee a legitimate lender?

Yes. PesoRedee is a registered and regulated lending company in the Philippines, compliant with guidelines set by the Securities and Exchange Commission (SEC) and the Bangko Sentral ng Pilipinas (BSP). You can verify their registration details on the website.

Representative example: You apply for PHP 10,000 to be repaid in 3 months Amount to be returned will be PHP 13,570 with a monthly payment of PHP 4,523 per month (APR is 143%)