Quick Loans For Unemployed in Philippines

Search for loans
Digido - Loans online, fast and reliable
APR 59.9%
₱1,000 — ₱25,000
21 — 70 years
from 2 to 6 months
MoneyCat - Cash loan online with fast approval in Philippines
APR 145%
₱500 — ₱20,000
22+ years
from 3 to 6 months
LoanOnline - Compare loans completely free
APR from 0% to 427%
₱500 — ₱25,000
18+ years
from 3 to 12 months
Finbro - Online lending platform to get a loan quickly
from 0%
₱1,000 — ₱50,000
20 — 70 years
up to 12 months
Cash express - Online Loans in 15 minutes with No Requirements
from 0% up to 1.99% per day
₱1,000 — ₱20,000
21 — 70 years
7 or 14 days
Online Loans Pilipinas - 0% interest, instant approval
from 0%
₱1,000 — ₱20,000
22 — 70 years
from 10 days
FinApps - Fast personal loans
from 12% up to 36%
₱1,000 — ₱25,000
20 — 70 years
from 61 to 120 days
Crezu - Get an online loan in just 5 minutes
APR from 0% to 36%
₱1,000 — ₱25,000
18 — 70 years
from 61 to 120 days
Finami - Fast and easy online loans 24/7
APR from 4% to 916%
₱1,000 — ₱25,000
18+ years
from 30 days
Kviku - Online Bank
0.16% per day
₱500 — ₱25,000
20 — 55 years
from 2 to 6 months
Cashspace - Quick online loans in the Philippines
APR from 12% to 36%
₱1,000 — ₱25,000
18+ years
from 61 to 120 days
Creditify - Get a loan today for a better tomorrow
₱200 — ₱25,000
18+ years
Mazilla - Get money online in Philippines
APR from 30% to 365%
₱500 — ₱25,000
18+ years
from 91 days to 2 years
Binixo - Free service for loans comparison
APR from 4% to 916%
₱1,000 — ₱25,000
18+ years
from 3 to 12 months
Pero Loan - Find a loan in 5 minutes
APR from 0% to 427%
₱500 — ₱25,000
18+ years
from 3 to 12 months
Credify - Online loans with beneficial rules
APR 180%
₱1,000 — ₱25,000
20+ years
from 3 to 12 months
SosCredit - If you urgently need money
APR up to 180%
₱1,000 — ₱25,000
20+ years
from 3 to 12 months
WebPeso - Fast Loan Service
from 0%
₱10,000 — ₱30,000
18 — 71 years
from 7 up to 180 days
Finloo - Best online loan in 2 minutes
from 0%
₱1,000 — ₱25,000
18+ years
up to 30 days
Finmerkado - Best Legit Fast Loans Online in the Philippines
APR from 0% to 427%
₱500 — ₱25,000
21 — 64 years
from 91 to 180 days
FinaGuru - Credit online to your card
726.35% per annum
₱500 — ₱20,000
18 — 70 years
from 91 to 365 days
Credy - Personal loans online 24/7
from 0%
₱1,000 — ₱25,000
18+ years

Where to get a loan for the unemployed in the Philippines?

It is not an easy task to create a profound financial fund for living in these times, when it is increasingly difficult to be competitive. Most people find themselves at some point in their lives in a situation where they are unable to cover their expenses from their earnings. The situation becomes even more difficult if one is suddenly unemployed.

In this case, the person simply cannot have to rely on the banks, because even the application for a loan must always be accompanied by a document confirming the presence of sustainable income and permanent work. Such financial institutions need to make sure that the borrower has a job because otherwise the risk of default is very high.

Fortunately, however, there are many microfinance organizations in the Philippines that are ready to provide immediate Loans for Unemployed People. The options for getting financial support in case of unemployment are actually many: you can contact microlenders, go to pawnshops or visit online websites. All these options have at least one undeniable advantage - they do not require a document confirming that a potential borrower has employment.

Since each resource was designed specifically to help Filipinos take out loans quickly, the terms on which it is issued are flexible. For an application for a lender, regardless of whether you submit it online or offline, only an identity document and the proof of the address of the borrower (this can be any utility bill, bank statement, etc.) is required. It should be taken into consideration that the lender, in his turn, needs to have some guarantees that monthly payments will be made within the prescribed time. In order to increase the chances of approval of an application, a potential borrower should attach documents confirming the presence of another source of profit, replacing the income of an official job. It could be business permits, bank statements or something of that kind.

Another obvious advantage of Loans for Unemployed in the Philippines is that this service is easily available. Almost all companies issue loans online. Even in such a form of applying, the borrower does not need to specify the purpose for which he takes money and fills in many papers. Thus, regardless of whether a person needs money for medical services or school fees, he can get the necessary amount. It takes several hours to two working days to process the application and transfer the money.

How to get and return a quick loan for the unemployed?

Remarkably, for getting a quick loan, it is not required to have a bank account. Of course, if you have such, it would be convenient to make the transition of money straight to the account. Still, for those who do not possess any, microfinance companies suggest two options: money will be transferred via e-wallet or remittance center.

As for the payment of the loan itself, it is worth mentioning two aspects: how to repay the debt and the possibility of restructuring it if payment becomes difficult. Monthly payments can be made in several ways. You can transfer money in the app with the help of which you made a quick loan, or deposit it in one of the offices of a microfinance company. If you find yourself being unable to pay the upcoming installment, you can contact the representative of the organization and negotiate to extend the debt repayment on individual terms within the loyalty program. In such a case, the corresponding service will be provided: the balance of the loan, taking into account interest, will be reconsidered automatically. The lender will provide an opportunity of restructuring to the client who previously did not allow delays and always made payments properly, but such loyalty shall not be taken for granted and overused. In order to avoid problems with the repayment of the loan, it is always necessary to read the terms of the loan, take into account the interest rate and the period for which you borrow money.

Quick Loans For Unemployed in 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!
  • Mobile App is available on Google Play and App Store
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
  • Mobile App is available on Google Play
Negatives
  • High interest rate - 11,9%
  • High minimum age - 22 years

Questions and answers about Loans For Unemployed

Quick Loans For Unemployed in Philippines

Interest
Loan amount
Term
Borrower age
SEC registered
APR 59.9%
₱1,000 — ₱25,000
from 2 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 0% to 427%
₱500 — ₱25,000
from 3 to 12 months
18+ years 
Latvian business number 43603085405
from 0%
₱1,000 — ₱50,000
up to 12 months
20 — 70 years 
SEC Registration No. CS201908275 SEC Certificate of Authority No. 2990
from 0% up to 1.99% per day
₱1,000 — ₱20,000
7 or 14 days
21 — 70 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 12% up to 36%
₱1,000 — ₱25,000
from 61 to 120 days
20 — 70 years 
APR from 0% to 36%
₱1,000 — ₱25,000
from 61 to 120 days
18 — 70 years 
registration number: 14523902
APR from 4% to 916%
₱1,000 — ₱25,000
from 30 days
18+ years 
Compani No 1092
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 12% to 36%
₱1,000 — ₱25,000
from 61 to 120 days
18+ years 
registration number: 14523902
₱200 — ₱25,000
18+ years 
APR from 30% to 365%
₱500 — ₱25,000
from 91 days to 2 years
18+ years 
APR from 4% to 916%
₱1,000 — ₱25,000
from 3 to 12 months
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 0%
₱10,000 — ₱30,000
from 7 up to 180 days
18 — 71 years 
Business code: 304875162
from 0%
₱1,000 — ₱25,000
up to 30 days
18+ years 
APR from 0% to 427%
₱500 — ₱25,000
from 91 to 180 days
21 — 64 years 
43603085405
726.35% per annum
₱500 — ₱20,000
from 91 to 365 days
18 — 70 years 
from 0%
₱1,000 — ₱25,000
18+ years 
Estonian Commercial Register under no. 11501857
APR 143%
₱1,000 — ₱20,000
22 — 70 years 
Registration № CS201804564
2% per day
₱1,000 — ₱30,000
from 30 days
20 — 65 years 
CS20200000915
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
₱1,000 — ₱25,000
21 — 70 years 
SEC Registration No.CS201902369
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
APR from 11.9% to 365%
₱100 — ₱25,000
from 61 days to 60 months
18+ years 
08217974
10.5% per annum
36 months
18+ years 
₱2,000 — ₱15,000
up to 3 monthes
20+ years 
Registration No.CS201825672 Certificate of Authority 2844
₱1,500 — ₱8,000
from 120 to 210 days
20 — 60 years 
NO.CS201916699 CERTIFICATE OF AUTHORITY NO.3119
0,03% per day
₱2,000 — ₱20,000
from 180 to 360 days
21+ years 
SEC registration number at 2021050012959-04
20% per day
₱8,000 — ₱100,000
from 91 to 120 days
18+ years 
SEC Registration No. CS201824008
3.5% per day
₱300 — ₱30,000
6 months
21 — 65 years 
Registration No.CS201617622
0,05% per day
₱2,000 — ₱12,000
from 91 to 120 days
18+ years 
SEC company registration NO.CS201803813
APR from 14% to 35%
₱2,000 — ₱20,000
from 91 to 120 days
18+ years 
Registration No.CS201826247
18+ years 
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