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Who is eligible to apply?

21-70 years old
Employed individuals and selected professionals
Filipino Residents

Benefits

Enjoy effortless and stress-free transactions from the convenience of your own home.
Save yourself a trip outside or to a brick-and-mortar location, as our operations are conducted completely online.
With our fast and effective system, you can receive up to ₱ 10,000 in as little as four minutes, straight to your bank account.
No guarantors, complex paperwork, or large deposits required.
Our service is fully automated, making it the perfect answer to your financial requirements.

Terms

Looking for a hassle-free way to borrow money online? Check out our Instant Online Loan, a flexible installment credit that comes with convenient payment terms. Here are some key features:

Loan duration: 3, 4, 5, or 6 months.
Loan amount: From ₱10,500 up to ₱25,000.
Interest rates: Our rates are competitive, with a maximum APR of 143% and a monthly interest rate of 11.9%.

Representative example:

Our loan service offers a hassle-free application process for PHP 20,000 with customized repayment options that fit your needs. You can opt for a 6-month period with affordable monthly payments of PHP 5,000. With a low total loan cost of only PHP 2,383 per month, you can easily manage your finances without worrying about high-interest rates. The APR is set at 143%, ensuring that you get a fair and transparent deal with no hidden fees or charges.

Online Loans in the Philippines

Although the traditional advice has been to reduce expenses and avoid loans, the desire for financial stability transcends all demographics. Loans can be an important tool in improving one's financial situation, but it's crucial to use them wisely.

Borrowing for professional growth or to acquire new skills can provide lasting advantages. However, using loans for leisure or frivolous expenditures can be detrimental to financial stability. Ultimately, the key is not whether loans exist, but how they are employed. When used prudently, loans can lead to financial autonomy, while imprudent usage can lead to financial catastrophe.

How do Instant Loans Work in the Philippines?

Accessing formal banking services can be difficult in rural areas of the Philippines, leaving a large portion of the population without traditional banking options. This can lead to the inconvenience of traveling to more populated cities and facing long lines and slow service due to high customer volume and extensive documentation processes. In contrast, online loans provide a quick and accessible solution, requiring only a valid ID and proof of income.

By creating an account on an online portal, submitting necessary documentation, and proving creditworthiness, one can receive a decision within minutes. With a high rate of internet usage in the Philippines, online loans have become the preferred choice for addressing urgent financial needs. They offer convenience and speed without the need for traveling to distant banks and waiting in lengthy lines.

Are Online Loans Legit?

It's crucial to exercise caution when dealing with online lending companies, as not all of them operate legally. For a lending company to be considered legitimate, it must be registered with the SEC and have a physical office in the Philippines. Unfortunately, some unethical lenders operate solely online and prey on unsuspecting customers. When searching for quick loans online, it can be challenging to differentiate between reputable and illegal lenders. To avoid falling victim to illegal lenders, it's essential to verify the legitimacy of the lending company. For example, Digido (one of our partners) is a fully licensed company with SEC Registration No.: 202003056 and Certificate of Authority No. 1272. You can always visit the SEC website to check the credentials of any online lender. Take the time to conduct proper research and ensure that you're dealing with a trustworthy online lender.

What are Online Loans?

Maintaining financial independence demands constant attention and control, yet life's unexpected expenses can throw even the most well-crafted financial plans off track. Loans from family, friends, banks, or lending institutions may become essential in such circumstances. However, obtaining a bank loan can be a time-consuming process with complex requirements. That is why people often turn to online loans and other alternative options. Online loans offer an effortless and straightforward solution to those requiring fast cash without leaving their homes or engaging in loan negotiations with multiple lenders.

Online loans give a slew of irresistible features for a prospective borrower:

Online lending allows for easy comparison of loan options from various lenders from the comfort of your home or office.
With lenders operating 24/7, online lending provides unparalleled convenience, allowing borrowers to obtain loans at any time.
The documentation process for online loans is straightforward, with minimal requirements and no need for collateral or a guarantor.
An automated system handles loan evaluation, decision-making, and fund transfers in a fair and efficient way.
Online lending ensures the privacy of financial information, eliminating the need to share details with a banking professional.
The loan application and disbursement process for online loans can be completed in just hours, making them known as "Same Day Loans."
Online loans have an impressive approval rate of 90%, with online lenders not engaging in cross-selling unlike some banks.
Online lending provides a flexible solution for various financial needs, as loans can be used for a wide range of purposes.
Keeping track of loan payments is made simple with online loan management tools.

The increasing demand for online loans in the Philippines can be attributed to their accessibility and convenience. Online loans require minimal documentation and offer a high loan approval rate, even for those with poor credit scores. This makes them a popular choice for Filipinos who need financial support. Another advantage of online loans is that they provide quick fund disbursement, which is particularly beneficial for urgent financial needs.

How to Take an Instant Loan Correctly and Profitably?

The ease and speed of obtaining funds through online loans can be tempting, causing some individuals to rely on them for all their financial needs without careful consideration. However, this approach can lead to financial instability and potentially lead to overwhelming debt. It's crucial to exercise caution and evaluate your financial situation before taking out an online loan.

Below are the crucial points in securing the right loan:

Always be truthful when applying for loans as false information can negatively impact your credit score and make it harder to secure loans in the future.
Avoid applying for loans from multiple lenders simultaneously to prevent multiple credit checks that can lower your score.
To find the most suitable loan option for your financial requirements, it's important to explore multiple lenders and compare their offerings.
Ensure that you have a solid repayment plan in place to avoid late or missed payments that can harm your credit score and future loan applications.
Before making any final decisions, it is crucial to thoroughly review and comprehend all loan documents and terms.

Conclusion

Loans have the potential to work in your favor or against you. While they can provide the necessary funds to achieve your goals, taking out loans recklessly or using them unwisely can lead to a debt cycle that is hard to break. The key to making loans work for you is to have a comprehensive understanding of your financial position and a thought-out approach. By carefully evaluating your requirements and making informed choices, loans can serve as a beneficial instrument on your path towards financial independence.

Our Partners:

Kviku Lending Co. INC.

18A Trafalgar Plaza, 105 H.V. Dela Costa Street, Salcedo Village Makati City, the Philippines SEC Registration No. CS201918702.
Certificate of Authority No. 3169
NPC Registration No. PIC-001-791-2021

DIGIDO FINANCE CORP.

SEC Registration No. 202003056. Certificate of Authority No. 1272

Representative example:
You apply for PHP 20,000 and choose repayment over 6 months, your monthly payment will be only PHP 5,000 per month, your total cost of the loan will be PHP 2,383 per month (APR = 143%)

MoneyCat Financing Inc.

Address: Unit 1701 Tycoon bldg Pearl Drive st. Brgy San Antonio Ortigas Center Pasig City, ph 1800. Certificate of Authority To Operate Number: 1254 granted by the Securities & Exchange Commission

Fill out an online loans registration form and you can get up to 20,000 PHP on your account. MoneyCat Financing Inc. gives you an opportunity to take loans from reliable credit partners. To get a loan you need to provide: any document, phone number and bank account in your name.

Cashspace.ph

is a brand of the company Fininity Ltd (registration number: 14523902, address: Tartu Street 84a, Tallinn, 10112, EE.)

This site is not a financial institution, bank, or lender. This site finds loans for customers, acting as an intermediary between a client who is looking to take a loan and a licensed financial institution. It is not responsible for any loan agreement. This website does not charge a service fee, nor is it responsible for the actions, inactions, or interest rates of any lender. You are never under any obligation to use the service, initiate contact, or request credit with any lenders this site connects you to.

Crezu.ph

is a brand of the company Fininity Ltd (registration number: 14523902, address: Tartu Street 84a, Tallinn, 10112, EE.)

This site is not a financial institution, bank, or lender. This site finds loans for customers, acting as an intermediary between a client who is looking to take a loan and a licensed financial institution. It is not responsible for any loan agreement. This website does not charge a service fee, nor is it responsible for the actions, inactions, or interest rates of any lender. You are never under any obligation to use the service, initiate contact, or request credit with any lenders this site connects you to.

Material disclosure

APR Disclosure: Loan seekers must always take note of the Annual Percentage Rate (APR) when selecting a loan. The APR is a crucial factor that represents the interest charged for the loan over its duration, incorporating fees, loan amount, and repayment schedules. Different lenders and types of loans will have varying APRs, with cash advances having the highest rates of up to 1386% and personal loans ranging from 4.99% to 450%. It's vital to read the loan agreement carefully, including the APR and other terms, as lenders are required by law to disclose this information. Keep in mind that APR rates can change and may fluctuate over time, making it necessary to stay updated.

Material Disclosure: We are not a lender, intermediary, or representative of any lending organization. Our website acts as a referral platform that connects potential borrowers with qualified participating lenders. The loans offered range from ₱10,000 to ₱25,000 for cash advances, up to ₱100,000 for installment loans, and up to ₱500,000 for personal loans. Please note that not all lenders can provide these loan amounts, and there is no guarantee of acceptance from any participating lender. Our service does not promote or request any illegal loan products, and there is no commitment to lend. We do not endorse or charge for any service or product, and any compensation received is solely for advertising services provided by participating lenders. This service is void in prohibited areas, and we have no control over the actions of any lender. We do not have access to the full details of your loan, including the APR. For more information on your loan, including specific loan terms, interest rates, renewal options, payment details, and potential consequences for missed payments, please contact your lender directly. By submitting your registration information on this website, it may be shared with one or more participating lenders. Using our service does not obligate you to initiate contact with a lender, register for credit or any loan product, or accept a loan from a participating lender. Repayment terms, cash transfer times, and local regulations may vary among lenders. Some faxing may be required. These disclosures are provided for informational purposes only and should not be considered as legal advice.

Credit Implications: Our platform does not make lending decisions, but rather connects you to participating lenders who may assess your credit history and worthiness by checking credit reporting agencies or obtaining consumer reports through alternative providers. By submitting your information, you authorize these participating lenders to verify your information and credit history. The loans offered by our participating lenders are intended to provide short-term financial relief and should not be used as a long-term solution. It is important that you only borrow what you can afford to pay back on your next payday. Seeking expert financial advice is recommended to evaluate your needs, risks, and alternative options to short-term loans. Late loan payments may incur additional fees or collection actions, or both. Each lender operates under its own terms and conditions, so be sure to carefully review them for more information. Failing to repay a loan may result in collection activities. Additionally, each lender has its own unique renewal policy, so be sure to review the policy of your lender before proceeding.