The majority of people face the problem of not being able to pay bills when needed, in spite of whether these expenses were planned or not. In such cases, people need to borrow money to cover unexpected expenses due to the need for urgent travel, medical procedure and tuition. Fortunately, in most cases such problems can be solved within the amount of 10K pesos. When people need a loan, the first option that comes to mind is to seek help from relatives or friends or go to the bank. However, it is often not so easy to quickly find acquaintances ready to borrow money, and banks impose too many conditions and obligations, including collateral.
It is much easier and more convenient in such cases to use the service 10000 Loan in the Philippines. Many microfinance institutions in the Philippines provide quick loans of 10000 pesos for any purpose: machine maintenance, utility bill repayment and so on. Many available lenders issue loans on different terms, so you can compare the offers and choose the most suitable for you. In order to choose the right one, you can go to the loan sites and familiarize yourself in advance with the requirements and conditions of the companies that are offered there. When comparing it is very important to pay attention to different interest rates and loan repayment terms.
Unlike banks, microfinance providers of Loans 10K pesos have very simple and affordable requirements. Any Filipino citizen between the ages of 18 and 70 is eligible for a loan. In order to apply for a loan, you need to provide only one document: a valid Government ID as proof of your identity. You also need to indicate your mobile phone, so that the company can contact you if necessary. Thus if you fit all the parameters, if you are a Filipino citizen of the right age, you have every chance of getting a 10K loan. Reviewing and approving an application for a small loan online takes very little time, on average, only a few hours.
Some microfinance institutions also require confirmation that the borrower has a stable source of income. In addition, income should be no less than borrowed amounts, that is, if you borrow 10K, earnings should also be more than 10000 pesos.
Even if your earnings are not very high, there are several ways to increase your chances of approving a quick loan application. First, it is important to meet the few requirements of the company - to have Philippine citizenship, to be an adult and to provide accurate information about your income and contact details. Second, the odds are better if you’re telling the truth when the company asks you about the purpose of the loan. An attempt to give the lender false information may threaten the client with not receiving the approval of the application and getting on the "blacklist". The final advantage of a person requesting a 10K loan may be his good credit history. Even if this is your first loan, you should immediately determine for yourself that it is very important to make payments on time and be sure to contact the organization if there's a problem with a monthly payment.
The most affordable way to get a Loan 10K peso is to get it online. On the websites of the loan you can not only learn information and form an application, but also use a special loan calculator. This tool will help you to easily calculate the future loan. You should indicate the period of time for which you want to borrow 10K pesos, and then it will show how much the interest will be and the total amount you will eventually pay.
Microfinance institutions in the Philippines typically provide three types of repayment. The first way is to deposit money directly in the company office. However, it must be taken into consideration that not all organizations have representation, they often only work online. The second way is to transfer money through the bank. Virtually all microfinance institutions collaborate with banks in the Philippines, but banks can impose fees. The third way is to make payment through one of the terminals, which are very many in almost every social institution. In the latter case, the borrower must have a bank card.
| TERM | 10 days | 20 days | 30 days |
| LOAN AMOUNT | 10000 PHP | 10000 PHP | 10000 PHP |
| FEE | 1% | 1% | 1% |
| INTEREST AMOUNT | 1000 PHP | 2000 PHP | 3000 PHP |
| TOTAL REPAYMENT | 11000 PHP | 12000 PHP | 13000 PHP |
Interest |
Loan amount |
Term |
Borrower age |
SEC registered |
||
|---|---|---|---|---|---|---|
|
|
from 0%
|
₱1,000 — ₱50,000
|
up to 12 months
|
20 — 70 years
|
SEC Registration No. CS201908275 SEC Certificate of Authority No. 2990
|
|
|
|
APR 145%
|
₱500 — ₱20,000
|
from 3 to 6 months
|
22+ years
|
SEC Registration number: CS201953O73., Certificate of Authority №1254
|
|
|
|
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
|
|
|
|
APR 182%
|
₱1,000 — ₱30,000
|
from 7 days to 6 months
|
21 — 70 years
|
SEC Registration No. 2021030009095-02 Certificate of Authority N o. 3472
|
|
|
|
APR from 0% to 427%
|
₱500 — ₱25,000
|
from 3 to 12 months
|
18+ years
|
Latvian business number 43603085405
|
|
|
|
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
|
Company No 1092
|
|
|
|
APR from 4% to 916%
|
₱1,000 — ₱25,000
|
from 3 to 12 months
|
18+ years
|
|
|
|
|
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
|
|
|
|
|
₱50,000
|
|
18+ years
|
|
|
|
|
APR from 0% to 143%
|
₱1,000 — ₱25,000
|
from 61 to 120 days
|
18+ years
|
No. 11501857
|
|
|
|
from 12% up to 36%
|
₱1,000 — ₱25,000
|
from 61 to 120 days
|
20 — 70 years
|
|
|
|
|
APR from 0% to 143%
|
₱1,000 — ₱25,000
|
from 61 to 120 days
|
18+ years
|
Estonian Commercial Register under no. 11501857
|
|
|
|
|
₱1,000 — ₱25,000
|
|
21 — 70 years
|
SEC Registration No.CS201902369
|
|
|
|
APR 180%
|
₱1,000 — ₱25,000
|
from 3 to 12 months
|
20+ years
|
|
|
|
|
₱200 — ₱25,000
|
|
18+ years
|
registration number: HE 456177
|
|
|
|
APR from 30% to 365%
|
₱500 — ₱25,000
|
from 91 days to 2 years
|
18+ years
|
|
|
|
|
APR from 12% to 36%
|
₱1,000 — ₱25,000
|
from 61 to 120 days
|
18+ years
|
registration number: 14523902
|
|
|
|
APR from 3.95 to 49.68%
|
₱1,000 — ₱10,000
|
from 15 to 45 days
|
21+ years
|
SEC Registration No. CSC201800209
|
|
|
|
APR from 0% to 427%
|
₱500 — ₱25,000
|
from 3 to 12 months
|
18+ years
|
43603085405
|
|
|
|
APR up to 180%
|
₱1,000 — ₱25,000
|
from 3 to 12 months
|
20+ years
|
|
|
|
|
APR from 11.9% to 365%
|
₱100 — ₱25,000
|
from 61 days to 60 months
|
18+ years
|
08217974
|
|
|
|
APR from 0% to 427%
|
₱500 — ₱25,000
|
from 3 to 12 months
|
21 — 64 years
|
43603085405
|
|
|
|
CAT from 0% to 36%
|
₱1,000 — ₱25,000
|
from 61 to 365 days
|
18+ years
|
|
|
|
|
APR from 0% to 427%
|
₱500 — ₱25,000
|
from 91 to 180 days
|
18+ years
|
|
|
|
|
APR 180%
|
₱100 — ₱50,000
|
from 61 to 120 days
|
18+ years
|
HE 321681
|
|
|
|
Interest rate 24% to 143%
|
₱2,500 — ₱30,000
|
from 3 to 12 months
|
21 — 70 years
|
|
|
| 🟢 Interest: | from 0% to 7200% |
| 🟢 Term: | up to 5 years |
| 🟢 Loan amount: | up to 2,000,000 ₱ |
| 🟢 Number of offers: | 79 |
