Pinoy Peso - Personal Loans App

Pinoy Peso is an online microloan app in the Philippines operated by Inclusive Credit Lending Inc. The lender identifies itself as a company registered with the Securities and Exchange Commission under SEC Registration No. CS201909928 and Certificate of Authority No. 3007.

The loan is designed for relatively small, short-term borrowing. Applications are submitted through the Pinoy Peso mobile app, without visiting a physical branch. According to the current product information published with the official app, loans range from ₱3,000 to ₱10,000.

Pinoy Peso Loan Terms

• Loan amount: ₱3,000 to ₱10,000
• Maximum loan amount: ₱10,000
• Loan term: 90 to 120 days, including renewal time
• Maximum APR: 24%
• Service fee: 3% to 10%
• Collateral: not stated as required
• Application: online through the Pinoy Peso app
• Currency: Philippine pesos

These are the current terms published on Pinoy Peso's official Google Play listing. The company's website separately confirms a maximum loan amount of ₱10,000 and a stated loan length of 90–120 days.

The exact amount, interest, service fee and repayment obligation should be checked in the individual loan offer before accepting it. Pinoy Peso states that available loan amounts may increase gradually for borrowers who build a repayment history.

Requirements for Pinoy Peso Loan

According to the requirements published by Pinoy Peso, an applicant must:

• Be Filipino
• Be over 18 years old
• Have at least one main valid ID
• Have a stable source of income
• Have a mobile phone and phone number for registration

The application is completed through the Pinoy Peso mobile app.

Meeting the stated requirements does not mean that a loan will automatically be approved. The final decision and available amount are determined during the application process.

How to Apply for Pinoy Peso Loan

Pinoy Peso describes the application process as fully online:

1. Download and install the Pinoy Peso app.
2. Register using your own mobile phone number.
3. Complete the personal loan application form.
4. Provide the information and identification requested in the app.
5. Submit the application.
6. Wait for the lending decision.
7. Review the loan amount, fees, interest and repayment terms offered.
8. Accept the loan only if you agree with the conditions.
9. Follow the instructions in the app to receive the approved funds.

Pinoy Peso's official app description summarizes the process as registration, completion of the application, waiting for approval and claiming the personal loan.

How to Receive the Pinoy Peso Loan

The exact disbursement options available to an applicant are displayed during the application process in the Pinoy Peso app.

Pinoy Peso does not currently provide sufficiently detailed public information on its website about every supported disbursement channel. Applicants should therefore rely on the payment account and disbursement information shown in the app rather than assuming that a particular e-wallet or bank account will always be supported.

How to Repay Pinoy Peso Loan

The borrower should use the repayment instructions and payment reference displayed in the Pinoy Peso app.

Pinoy Peso does not currently publish a complete up-to-date list of repayment partners on its public website. A third-party guide has previously documented repayment through channels including GCash, Maya, 7-Eleven and payment outlets, but these methods should be verified inside the current app before making a payment because payment partners can change.

When paying a loan:

• Check the amount due in the Pinoy Peso app.
• Check the exact due date.
• Use only the payment channel provided by Pinoy Peso.
• Enter the correct loan or payment reference number.
• Keep the payment receipt or electronic confirmation.
• Check that the payment has been credited to the loan.

Do not send repayment to an unrelated personal account merely because someone contacts you by SMS or social media.

Loan Renewal and Extension

Pinoy Peso's current product disclosure describes the loan term as 90 days at the shortest and 120 days at the longest, including renewal time. This indicates that renewal may form part of the available loan arrangement.

However, Pinoy Peso does not publicly disclose enough detail to state that every borrower is entitled to an extension or to specify a universal renewal fee.

Borrowers should check the app before the original due date to see:

• Whether renewal is available for their loan
• How long the extension will be
• What interest or service charges apply
• How much must be paid before the loan can be renewed

Do not assume that a loan can automatically be extended.

Early Repayment

Pinoy Peso's current publicly accessible materials do not clearly specify a universal early-repayment policy or a fixed prepayment fee.

If you want to settle the loan before its scheduled maturity, check the settlement amount in the app or contact Pinoy Peso customer service first. The actual payoff amount should be confirmed before transferring money.

What Happens if You Do Not Pay Pinoy Peso on Time?

An unpaid loan may become overdue and additional charges may apply according to the loan agreement accepted by the borrower.

Pinoy Peso does not currently publish a sufficiently clear universal late-payment fee on its public website, so it would be inaccurate to give one fixed penalty amount for all borrowers.

Before accepting a loan, check the disclosure statement and loan agreement for:

• Late-payment charges
• Interest applicable after the due date
• Collection procedures
• Renewal or extension conditions
• Total amount payable if the loan becomes overdue

There have also been historical complaints submitted to Philippine government channels concerning collection practices associated with Pinoy Peso. For example, a 2023 complaint published through the Philippine FOI portal alleged threats and harassment by collectors; the SEC response instructed the borrower on how to file a formal complaint. This is a borrower allegation, not proof that the conduct occurs in every case, but it is a relevant risk for users to be aware of.

Pinoy Peso Loan Features

Pinoy Peso has several characteristics that distinguish it from larger bank personal loans:

• Small loans from ₱3,000
• Maximum published amount of ₱10,000
• Fully online application
• Application through a dedicated Android app
• No physical branch application required
• Maximum published APR of 24%
• Published service fee of 3%–10%
• Loan limits may increase gradually based on repayment history

The Pinoy Peso Android app has more than 1 million downloads on Google Play, where it is listed under Inclusive Credit Lending Inc.