Ifun Lending Corp.

About the company

  • Full name: Ifun Lending Corp.
  • SEC Registration Number: 2021090025243-01.
  • Certificate of Authority to Operate a Financing/Lending Company: L-21-0061-15
  • Anniversary date: 2021-09-21
  • Interests: 60.00% 7-30 Days
  • ⭐ Reviews

IFun Lending Corp. Philippines: Madaloan

IFun Lending Corp. is a Philippine lending company operating under the Madaloan brand.

The company is registered with the Philippine Securities and Exchange Commission under:

  • SEC Registration Number: 2021090025243-01;
  • Certificate of Authority Number: L-21-0061-15;
  • registration and authority date: September 21, 2021.

IFun Lending Corp. was included in the SEC list of registered lending companies dated August 31, 2024. (sec.gov.ph)

Madaloan brand

Madaloan is the confirmed online lending platform of IFun Lending Corp. The connection between the brand and the legal company was previously confirmed by the Philippine SEC.

The following names have been used for the platform:

  • Madaloan;
  • MadaLoan;
  • MadaLoan Easy Lend Pera Peso;
  • MadaLoan Credit of Line Fast Cash.

These names refer to versions or presentations of the same lending service rather than separate companies.

Current company status

IFun Lending Corp., doing business as Madaloan, was onboarded as a submitting entity in production by the Credit Information Corporation in September 2024. The company remains included in CIC records.

This means that information about loans issued by Madaloan and their repayment status may be submitted to the Philippine credit-information system. (creditinfo.gov.ph)

Madaloan website and application

A Madaloan landing page remains publicly accessible. It uses the name MadaLoan – Credit of Line Fast Cash.

The public page does not display complete current loan conditions. Before applying, customers should verify that the application or loan agreement identifies:

  • IFun Lending Corp. as the lender;
  • Madaloan as the brand;
  • SEC Registration Number 2021090025243-01;
  • Certificate of Authority Number L-21-0061-15.

Customers should use only a download or application link confirmed by IFun Lending Corp. Applications distributed through unofficial APK websites, private messages or unverified social-media accounts should be avoided.

How to apply for Madaloan

The application process may include:

  1. Registration with an active Philippine mobile number.
  2. Completion of the personal information form.
  3. Submission of a valid government-issued ID.
  4. Identity verification through a selfie or photograph.
  5. Submission of employment, income and receiving-account information.
  6. Review of the individual loan offer.
  7. Confirmation of the Disclosure Statement and loan agreement.

The company may approve the requested amount, offer a smaller amount, request additional verification or decline the application.

Reviewing a Madaloan offer

Before accepting a loan, the applicant should check:

  • approved principal;
  • amount actually to be received;
  • repayment period;
  • interest rate;
  • effective interest rate and APR;
  • processing or service fees;
  • installment amounts and due dates;
  • total amount payable;
  • late-payment charges.

The individual Disclosure Statement and signed agreement determine the actual conditions of the loan.

Customers should retain copies or screenshots of:

  • the approved offer;
  • Disclosure Statement;
  • repayment schedule;
  • signed agreement;
  • proof of disbursement;
  • payment receipts.

Repayment

Borrowers should use only the repayment method displayed in the verified Madaloan account or signed loan agreement.

Before paying, the customer should confirm:

  • official company or biller name;
  • loan-reference number;
  • amount due;
  • payment deadline;
  • transaction fee.

Payments should not be sent to an unidentified personal bank account or electronic wallet.

Company registration

Company: IFun Lending Corp.
Brand: Madaloan
SEC Registration Number: 2021090025243-01
Certificate of Authority Number: L-21-0061-15
Registration and authority date: September 21, 2021
CIC status: submitting entity in production

IFun Lending Corp. and Madaloan contacts

Company website: www.ifunlending.com
Brand website: www.madaloan.com
Current landing page: gg.madaloan.com
Company email: [email protected]
Madaloan support email: [email protected]
Company contact number: +63 960 461 8520
Madaloan hotline: +63 917 143 8842

Customers should verify that the contact details remain active before submitting documents or making payments.

Is Ifun Lending Corp. Legit?

Yes, the Ifun Lending Corp. is legit. It registered with the Securities and Exchange Commission (SEC), with Registration No. 2021090025243-01 and Certificate of Authority No. L-21-0061-15. To verify this information, you may also visit the official SEC website.

If you want to file a complaint against "Ifun Lending Corp.", 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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