Who is eligible to apply?

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

Benefits

• Enjoy effortless and stress-free financial transactions right from your home.
• Eliminate the need to leave your house or travel to a actual location, since all transactions are conducted online.
• Receive up to ₱ 10 000 in just a few minutes, directly credited to your bank account, thanks to our speedy and reliable system.
• No longer worry about finding guarantors, completing complex paperwork, or depositing large sums of money, as our service does not require any of these.
• Rely on our fully automated service for all your financial needs, offering you a hassle-free experience that is hard to beat.

Terms

With An Instant Online Loan, you can avoid the hassle of traditional borrowing and enjoy comfortable payment terms with our online installment form of credit.

• Select a repayment period of 3 to 6 months.
  
• Amount range from 10,500 to 25,000
  
• With interest rates as low as 11.9% per month (maximum APR=143%)
  

Representative example:

By applying for a loan of PHP 20,000 and selecting a 6-month repayment term, your monthly payment will be as low as PHP 5,000. The loan has an APR of 143% and a monthly payment of PHP 2,383.

Online Loans in the Philippines

The notion of cutting back on expenses and avoiding loans has been around for ages, but many people, irrespective of their demographic, aspire to achieve financial stability. Loans, when used correctly, can be a vital tool in improving one's financial situation.

For instance, taking out a loan for professional development or skill acquisition can yield significant long-term benefits.

However, using loans for consumerist indulgences or leisure activities can be detrimental to one's financial stability. The key is not the mere existence of loans, but the approach to their utilization. Prudent loan usage can pave the way to financial independence, while careless loan usage can lead to financial ruin.

How do Instant Loans Work in the Philippines?

Formal banking services can be difficult to access in rural areas of the Philippines, leaving many people without traditional banking options. This can create a dilemma, as individuals often have to travel to more populated cities to visit a physical bank branch, where they may experience long waits and slow service due to the high volume of customers and complex documentation requirements.

On the other hand, obtaining an online loan is a simple and speedy process that only requires a valid identification and proof of income. By creating an account on an online portal and providing the necessary documentation to verify creditworthiness, you can receive a loan decision within minutes.

With a high level of internet penetration in the Philippines, online loans have become the go-to solution for those seeking fast and convenient access to funds. They offer a quick and easy alternative to traveling to far-off banks and enduring lengthy queues.

Are Online Loans Legit?

When it comes to seeking instant loans online, it's crucial to be cautious. While online lending companies must register with the SEC and have a physical office in the Philippines to operate legally, some illegal lenders still manage to exploit customers through unethical practices. Distinguishing between legitimate and illegal lenders can be difficult, so it's essential to verify the details of any potential lender. For instance, Digido, one of our trusted partners, is a fully licensed company with SEC Registration No.: 202003056 and Certificate of Authority No. 1272. Take the time to do your research to ensure you're working with a reputable online lender and avoid any potential scams.

What are Online Loans?

Gaining financial freedom is not an easy feat and requires meticulous planning and discipline. However, unforeseen expenses can put a wrench in even the most comprehensive financial plans. When faced with such situations, taking out loans from friends, family, banks, or lenders may be necessary. Despite offering low interest rates and flexible loan terms, acquiring a bank loan can be a complex and intimidating process with several obstacles. As a result, people tend to opt for other alternatives, such as lender loans or online loans. Online loans offer a practical and effortless solution for those who need cash quickly without the hassle of leaving their homes or searching for the best deal.

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

1. Discover multiple loan options with ease by exploring online lending from the comfort of your own home or office.
   
2. The convenience of online lending is unparalleled, as lenders operate 24/7, making it easy to obtain a loan at any time, day or night.
3. With online loans, the documentation process is straightforward and requires minimal requirements, eliminating the need for collateral or a guarantor.
4. An automated system handles loan evaluation, decision-making, and fund transfer in a fair and efficient way, ensuring a hassle-free experience.
5. Your personal and financial information is kept private, and there's no need to share details with a banking professional, ensuring your privacy.
6. Online loan applications and disbursements can be completed in just hours, making online loans the perfect option for those in need of immediate funding.
7. The approval rate for online loans is impressive, with most lenders boasting a 90% or higher approval rate, and unlike some banks, they do not engage in cross-selling.
8. Online loans are versatile and can be used for any purpose, from paying off debt to financing a big purchase.
9. With online loan management tools, keeping track of payments is simple and stress-free, giving you peace of mind and control over your finances.
   

The rise of online loans in the Philippines has been remarkable, thanks to their user-friendly interface and effortless application process. With minimal documentation requirements and fast approval times, these loans have become a go-to option for Filipinos, even for those with a subpar credit history. The quick fund disbursement is an added bonus, making it an appealing choice for people in urgent need of cash. This easy accessibility of online loans has redefined the lending landscape, allowing people to get the financial help they need with just a few clicks.

How to Take an Instant Loan Correctly and Profitably?

The idea of getting money quickly and easily through an online loan might sound great, but it can be tempting to use these loans for everything without really thinking it through. However, this can cause major problems with your finances, and eventually lead to a lot of debt that's hard to get out of. So, it's important to be careful and thoughtful when considering taking out an online loan and make sure it's the right choice for your specific financial needs.

Below are the crucial points in securing the right loan:

1. Always tell the truth when applying for loans. If you lie about your finances, a lender might perform a hard credit check which can damage your credit score and make it harder for you to get good loans in the future.
2. Applying for loans from many lenders at once is not a good idea. Every time a lender checks your credit score, it can lower it. Therefore, it's best to limit how many lenders you apply to.
   
3. Take your time to find the best loan option. Look around and compare offers from different lenders to find one that suits your needs and financial situation.
4. Make a plan to repay the loan in full and on time. Late or missed payments can hurt your credit score and make it difficult to get good loans in the future.
5. Before making a final decision, be sure to read and understand all of the loan documents and terms. Don't sign anything until you are certain that you understand everything and are comfortable with the terms.

Conclusion

Loans can be both a help and a hindrance to your finances. While they can provide a much-needed financial boost, they can also lead to debt and financial struggles. To use loans effectively, it's important to have a clear understanding of your financial situation and create a plan to use them wisely. It's crucial to consider your needs carefully and make informed decisions to prevent falling into a cycle of debt. Used strategically, loans can be a useful tool to help you achieve financial freedom.

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: Understanding the Annual Percentage Rate (APR) is an essential part of deciding on a loan. The APR is the interest rate you will be charged over the loan term and considers factors such as the loan amount, fees, and repayment schedule. Various loans and lenders have different APRs, with cash advances having the highest rates of up to 1386% and personal loans ranging from 4.99% to 450%. Careful consideration of the APR and other loan terms is crucial before signing a loan agreement, as lenders must legally disclose this information. Keep in mind that the APR rate may fluctuate over time, so it's important to stay updated on any changes.

Material Disclosure: We want to make it clear that our website is not a lender, broker, or representative of any lending organization. Instead, we function as a referral platform that helps connect borrowers with qualified lenders who offer a wide range of loan amounts. These include cash advances from ₱10,000 to ₱25,000, installment loans up to ₱100,000, and personal loans up to ₱500,000. It's important to remember that loan amounts may vary depending on the lender and not all lenders may provide these loan amounts. We do not promote any illegal loan products, and our service is not a loan proposal or request. Additionally, there is no obligation to lend, and there is no guarantee that you will be accepted by any participating lender. We do not endorse or charge for any product or service, and any compensation received is for the advertising services provided by participating lenders. Our service is not available in areas where it is prohibited, and we are not responsible for any actions taken by lenders. We also do not have access to the full details of your loan, including the Annual Percentage Rate (APR). For more information on your loan, including specific loan terms, interest rates, payment details, renewal options, and potential consequences for missed payments, it's best to reach out to your lender directly. By sharing your registration information with us, you may be connected with one or more participating lenders. Using our service does not commit you to registering for credit, initiating contact with a lender, or accepting a loan from a participating lender. Keep in mind that repayment terms, cash transfer times, and local regulations may differ between lenders. Finally, these disclosures are only meant to be informational and should not be treated as legal advice.

Credit Implications: The company running this website does not make lending decisions, but rather links you with various independent lenders who may evaluate your credit history and creditworthiness. These lenders may perform credit checks and acquire consumer reports from other providers to determine whether or not to offer you a loan. By providing your personal details, you are giving consent for these participating lenders to review your credit history. The loans offered by the lenders in our network are intended to provide you with short-term financial relief and should not be used as a long-term solution to debt. It's important to only borrow what you can realistically pay back on your next payday. Seeking advice from a financial expert can help you assess your needs, identify any risks involved, and explore alternative options to short-term loans. Late payments could result in extra fees or collection activities. Each lender operates under their own terms and conditions, so make sure to carefully review these details for more information. Failing to repay a loan could result in collection activities. Be sure to review the unique renewal policy of your lender before proceeding.