Second Pay Financing Inc. is a Philippine financing company operating the EZLoan digital personal-loan platform. EZLoan provides unsecured cash loans through an Android application and transfers approved funds to a receiving account selected by the borrower.
The company is registered with the Philippine Securities and Exchange Commission under SEC Registration Number CS201908038 and Certificate of Authority Number 1217. The current EZLoan application and website display the same company and registration details.
The company’s main active consumer brand is EZLoan.
The current Android application is published directly by Second Pay Financing Inc. The official website and privacy policy also identify Second Pay Financing Inc. as the legal operator of the platform.
The company was previously associated with another online lending platform called MMloan. Philippine SEC-related platform lists recorded both MMloan and EZLoan under Second Pay Financing Inc. A current official website or app-store listing for MMloan was not confirmed, so it should be treated as a historical platform rather than the company’s primary active brand.
EZLoan is currently available through Google Play.
The Android application has more than 500,000 downloads and was updated on June 3, 2026. Google Play identifies Second Pay Financing Inc. as the developer and publishes its registration details, office address, support email and telephone numbers.
A current official iPhone application operated by Second Pay Financing Inc. was not confirmed.
The current Android application publishes the following general conditions:
The public application description does not state a fixed minimum loan amount. The amount offered to an individual borrower may therefore be lower than ₱30,000 and depends on the results of the lender’s assessment.
The company previously published a lower maximum APR. The current application expressly states that the maximum rate was increased to 60% to cover a wider range of customer risk profiles. The rate applicable to a specific borrower must be shown in the individual Disclosure Statement.
The current application provides an example based on a ₱10,000 loan for 91 days, described as three months.
The calculation is presented as follows:
The calculation used by the application is:
₱10,000 × 1.5% × 3 months = ₱450.
The application states that interest and fees may be deducted before disbursement, depending on the borrower’s risk profile. Under this alternative structure:
Both versions represent a ₱450 financing cost, but the second version reduces the amount the borrower actually receives.
The application also provides an example using the maximum published APR:
The calculation is:
₱10,000 × 5% × 3 months = ₱1,500.
When the financing cost is deducted before disbursement:
Borrowers should pay particular attention to the difference between the approved principal and the net amount transferred. A ₱10,000 loan does not necessarily mean that ₱10,000 will be received when interest or fees are deducted in advance.
The current application lists the following basic requirements:
The public listing does not state a maximum applicant age, minimum monthly income or required employment period. Additional requirements may be displayed during the actual application process.
Meeting the basic requirements does not guarantee approval. Second Pay Financing Inc. performs a credit review before determining whether to issue a loan and which amount, rate and term to offer.
The applicant should use only the Android application published by Second Pay Financing Inc.
Before installation, the customer should verify:
Applications using the EZLoan name but displaying another Philippine company, a foreign lender or a different package should not be treated as the official Second Pay Financing product.
The applicant registers using an active personal mobile number. The platform may use an OTP to confirm that the number belongs to the person opening the account.
The borrower should not disclose an OTP, password or PIN to anyone claiming to guarantee approval or accelerate disbursement.
The customer enters the personal, contact and financial information requested by EZLoan.
All information should be accurate and consistent with the applicant’s identification document. Incomplete or conflicting information may delay the assessment or result in rejection.
The applicant provides a valid government-issued ID and any additional images or documents requested through the official application.
Documents should not be sent to an unidentified person through Facebook, Telegram, WhatsApp or private SMS.
The customer enters the bank account, electronic wallet or other receiving method supported by the current application.
The account should normally belong to the applicant. Incorrect receiving details may delay or prevent the transfer.
Second Pay Financing Inc. reviews the application before generating a decision.
The company may:
Before accepting a loan, the customer should check:
The individual Disclosure Statement and loan agreement take priority over the general examples published in Google Play.
The EZLoan website advertises approval in as fast as five minutes. This is a promotional estimate rather than a guaranteed processing time.
The review or transfer may take longer when:
Submitting an application does not guarantee approval, a ₱30,000 limit or immediate disbursement.
EZLoan publishes a maximum APR of 60%. Its examples show that interest and fees may either be added to the repayment amount or deducted from the principal before disbursement.
Borrowers should therefore compare:
A deduction before disbursement increases the cost relative to the usable cash received. For example, receiving ₱8,500 and later repaying ₱10,000 means that the borrower paid ₱1,500 to use ₱8,500, even though the contract may show a ₱10,000 principal.
The current public website and Google Play description do not provide a complete fixed list of repayment channels.
Borrowers should follow only the payment instructions displayed in:
Before making a payment, the borrower should confirm:
Money should not be transferred to an unidentified personal account or e-wallet belonging to a person claiming to represent the company.
A 2022 complaint submitted through the Philippine government’s Freedom of Information portal described a person claiming to offer a ₱70,000 Second Pay loan but requiring an advance payment of ₱7,000 before release.
The SEC response advised the complainant not to enter a transaction requiring the borrower to give money to the lender before receiving financing and explained how to file a formal complaint. The complaint does not establish that the request came from the genuine company; registration details can be copied by impersonators.
An applicant should be cautious when someone:
The public EZLoan description does not explain whether early repayment reduces future interest or whether an early-settlement fee applies.
A borrower planning to settle early should request a calculation showing:
The loan should not be considered closed until the application or customer service confirms that the remaining balance is zero.
The public website and current application listing do not publish one standard overdue penalty applicable to every loan.
The individual agreement should explain:
A borrower expecting difficulty making a payment should contact EZLoan before the due date and request any proposed arrangement in writing.
In June 2024, the Philippine SEC issued a cease-and-desist order against Second Pay Financing Inc. and five other financing and lending companies. The regulator stated that the companies had failed to comply with several SEC memorandum circulars and orders, including reportorial and operational requirements such as submitting information about third-party service providers.
In December 2025, the SEC announced that it had lifted, modified or reversed previously imposed cease-and-desist orders, suspensions and revocations affecting a group of financing and lending companies that included Second Pay Financing Inc.
The SEC stated that the listed companies held active registrations and were legally authorized to operate, subject to continued compliance with Philippine financing, lending and consumer-protection regulations. The public advisory did not extinguish borrowers’ rights to pursue complaints concerning previous or current violations.
The current EZLoan application was subsequently updated in June 2026, which supports the conclusion that the platform is again operating publicly.
Company: Second Pay Financing Inc.
Current active brand: EZLoan
Historical platform: MMloan
SEC Registration Number: CS201908038
Certificate of Authority Number: 1217
The company appears in the SEC’s historical register of financing companies and in the SEC advisory concerning companies with active registration following the modification, lifting or reversal of earlier regulatory penalties.
Company: Second Pay Financing Inc.
Current brand: EZLoan
Historical platform: MMloan
Separate corporate website: not confirmed
EZLoan website: ezloancash.ph
Android application: play.google.com/store/apps/details?id=com.sploan.tech.ezloan
Customer-service email: [email protected]
Complaints email: [email protected]
Additional developer email: [email protected]
Customer-service phone: +63 912 827 5682
Developer phone: +63 927 073 8652
Official complaints contact: +63 920 530 0208
Customer-service hours: Monday to Friday, 9:00 a.m. to 6:00 p.m.
Office address: Unit 3003B, West Tower, Tektite Towers, Exchange Road, Ortigas Center, Barangay San Antonio, Pasig City 1605, Metro Manila, Philippines
The principal current brand is EZLoan. The company and brand do not appear to use separate active websites.
Yes, the SECOND PAY FINANCING Inc. is legit. It registered with the Securities and Exchange Commission (SEC), with Registration No. Cs201908038 and Certificate of Authority No. 1217. To verify this information, you may also visit the official SEC website.
If you want to file a complaint against "SECOND PAY FINANCING Inc.", you may leave a review or contact the SEC by email at [email protected] or by calling the SEC Call Center at 02-5322-7696.
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