PESO REDEE FINANCING CO. Inc.

Peso Redee Financing Co. Inc.

Peso Redee Financing Co. Inc. is a Philippine financing company registered with the Securities and Exchange Commission under SEC Registration No. CS201804564. Its Certificate of Authority is No. 1165. The company provides unsecured consumer loans through the PesoRedee online platform and mobile application.

Brand and services

The company operates under the brand:

• PesoRedee

PesoRedee is a fully digital lending service. Customers can register, complete identity verification, submit an application, receive an individual loan offer, and manage repayments through the mobile app. No collateral or branch visit is normally required.

Loan terms

The current Google Play listing states the following general terms:

• loan amount from PHP 1,000 to PHP 30,000;
• first-time loan amount generally from PHP 1,000 to PHP 8,000;
• repayment period from 90 to 720 days;
• minimum interest rate of 0%;
• maximum APR of 180%.

The app provides an example in which a PHP 10,000 loan for 90 days results in a total repayment of PHP 14,500. Another section of the official website advertises instalment and repeat-customer offers of up to PHP 80,000 for up to 12 months. Because these public limits differ, the personalised Disclosure Statement should be treated as the controlling document.

General requirements include Philippine citizenship, legal age, a valid government-issued ID, regular income, and a bank account or supported e-wallet. The company’s FAQ states that applicants are generally expected to be between 22 and 70 years old.

Application and contacts

Official website:

pesoredee.ph

Android application:

PesoRedee

Customer service email:

[email protected]

Developer email:

[email protected]

Telephone numbers:

(02) 5323-6102
0917 165 6491

Office address:

33 San Miguel Avenue, Ortigas Center, Pasig City 1605, Philippines

The official application has more than one million Google Play downloads.