Things to know when looking for lending companies in the Philippines:
1. Check the company's registration:
2. Read the terms and conditions carefully:
- Understand the interest rates, fees, and other charges involved in the loan.
- Make sure you are comfortable with the repayment terms before signing any agreements.
3. Compare different lenders:
- Get quotes from multiple lenders before choosing one.
- Consider the interest rates, fees, and other terms offered by each lender.
4. Be aware of the risks:
- Borrowing money always carries risks.
- Make sure you understand the risks involved before taking out a loan.
5. Borrow only what you can afford:
- Do not borrow more than you can afford to repay.
- Consider your income and expenses when making a decision.
List of TOP 7 legal online lending apps 2024
Digido
Digido - Loans online, fast and reliable
Get your first loan with 0% interest rate for 7 days!
- Amount for the first loan from PHP 1,000 to 10,000
- Up to PHP 25,000 for up to 180 days for repeated loans
- Terms 2, 3, 4, 5, or 6 months
- Loan can be closed in 1 day
- Maximum interest rate 59.9% per year
Interest Rates | APR 59.9% |
Maximum Loan Amount | ₱1,000 — ₱25,000 |
Borrower Age | 21 — 70 years |
Loan Terms | from 2 to 6 months |
Money Cat
MoneyCat - Cash loan online with fast approval in Philippines
Instant cash loans MoneyCat. First loan for FREE!
- Amount from PHP 500 to 20,000
- Term from 3 to 6 months
- Interest rates 11.9% per month
- Maximum APR 145%
- Loans in 5 minutes
- You don’t need to confirm income, bring references, visit our office
Interest Rates | APR 145% |
Maximum Loan Amount | ₱500 — ₱20,000 |
Borrower Age | 22+ years |
Loan Terms | from 3 to 6 months |
OLP - Online Loans Pilipinas
Online Loans Pilipinas - 0% interest, instant approval
0% interest 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
Interest Rates | APR 143% per year |
Maximum Loan Amount | ₱1,000 — ₱20,000 |
Borrower Age | 22 — 70 years |
Loan Terms | from 61 to 183 days |
Kviku
Kviku - Online Bank
Up to PHP 25 000 for up to 180 days, disbursed in 5 minutes
- Amount from PHP 500 to 25,000
- Term from 2 to 6 months
- For first time borrowers the term is maximum 60 days
- Daily interest rate of 0.16%
Interest Rates | 0.16% per day |
Maximum Loan Amount | ₱500 — ₱25,000 |
Borrower Age | 20 — 55 years |
Loan Terms | from 2 to 6 months |
Prima Cash
Prima Cash - Online loans in Philippines
Prima Cash - Free-to-use PH loan app:
- Loan Amount from 3000 to 150.000 PHP
- Loan terms from 91 to 360 days
- Interest Rate 0,03% per day (10,05% per year)
Interest Rates | 0,03% per day (10,05% per year) |
Maximum Loan Amount | ₱3,000 — ₱150,000 |
Borrower Age | 18+ years |
Loan Terms | from 91 to 360 days |
Una Cash
UnaCash - Fast cash loans in the Philippines
Convenient cash loan application without leaving the safety and comfort of your home.
- Apply for a cash loan up to PHP 50,000
- Low interest rate (APR 194%)
- Loan Terms 2, 3, 4, 5 or 6 months
- Fast loan approval (within 5 minutes)
- Flexible loan terms up to 6 months
- Personal line of credit with a limit of PHP 1,000 until 50,000
Interest Rates | APR 194% |
Maximum Loan Amount | ₱1,000 — ₱50,000 |
Borrower Age | 18+ years |
Loan Terms | from 2 to 6 months |
Pera Asia
Pera Asia - Quick credits in Philippines
Pera Asia Loan parameters:
- Loan amount from 1.000 to 30.000 PHP
- Interest rate 0,8% per day
- Term from 61 to 360 days
Interest Rates | 0.06% per day |
Maximum Loan Amount | ₱1,000 — ₱200,003 |
Borrower Age | 18 — 75 years |
Loan Terms | from 61 to 360 days |