Profitable loan - online loan
On this page you can compare and apply for a favorable loan. You can fill out a preliminary application for a loan in several companies at once. We have carefully selected the best lenders. To get a loan online, the borrower must be a resident of Philippines, over the age of 18 and have regular official income.
One of the main advantages of online loans is that it can be obtained quickly. As unbelievable as it may sound, it is possible! Compare, choose and get!
It is important to mention that in many cases the loan amount is limited to new customers, but instead, new customers can receive some loans without overpayments of 0.01% up to a set amount of money.
How to receive the money?
- Compare - compare and choose the most suitable lender.
- Fill out an application - fill out an application on the website of the selected lender.
- Wait for confirmation - the application will be processed immediately.
- Get a loan - get money on average within 15 minutes.
Annual Percentage Rate APR
The annual interest rate is expressed as a percentage and includes all total costs of the loan, excluding costs associated with default on the loan. The maximum annual interest rate for online loans can be up to 1314% per year.
Penalty payments or renewal policy information
If the loan amount is not repaid within the specified period, the lender may demand a penalty payment from the total amount of the overdue payment for each day of delay. If the payment is not made for a long period, without agreement, the lender has the right to unilaterally transfer the collection of the loan to third companies.
Important! By paying the loan on time, a good story is created, which in the future increases the chances of getting a loan on favorable terms.
Instant loans online
Loan term (minimum and maximum period for repayment) from 62 days to 1 year. The examples are for informational purposes only. The home page is not a lender and does not issue loans, and is not responsible for the terms of loan agreements. All lenders compared are licensed.
FAQ Loans Online Philippines
Quick loans are one of the most popular types of loans on the Internet. They gained their popularity by offering quick borrowings in an average of 15 to 30 minutes. When borrowing for the first time, quick loans offer a discount on commissions for up to -100%. As market demand changes, non-bank lenders also offer loans with long-term repayment options. The maximum amount of long-term loans is 20000 ₱ with an average repayment term of up to 6 months.
Most of the quick loans are offered by non-bank lenders. You can apply for a loan using a device with an internet connection. Quick loan is provided to deal with unforeseen and urgent situations. Loan of up to 25000 ₱ is available. This amount depends on the lender’s conditions, more information on each lender’s website. Lenders assess the solvency of each client individually, so the first loan may have a limited amount of cash.
Online loan means: borrowing money is easy. On average, a loan can be applied over the internet in 15 to 60 minutes. Applying for a loan online requires an internet connection, a mobile phone and an active bank account. Applying for a loan is possible by filling out an online application and paying the registration fee if requested by the lender. In the event of a positive answer, the amount will be deposited in your bank account.
A consumer loan is a loan that can be obtained, on average, in one day. You can apply for a loan using a device with an internet connection. Consumer loan is intended to deal with unforeseen and urgent situations. Consumer loan is available by bank transfer of up to 25000 ₱. The size of this amount depends on the lender's conditions, more information is available on each lender's website. Lenders assess the solvency of each client individually, so a loan may have a limited amount of cash.
A consumer loan can be obtained within one day, and the loan can be repaid in months. Applying for a consumer loan requires a device with an internet connection, a mobile phone number, and an active bank account. You can apply for a loan by filling out an online application.
An interest-free loan is a loan where the lender does not charge any money for the use of the loan, and the borrower repays the exact amount of money he borrowed. Quick loans often offer the first commission free of charge, some lenders hold promotional periods when they can get unlimited interest-free loans. For example, if you borrow 1000 ₱, you will have to return the same 1000 ₱.
A jobless loan is a loan issued to people without a job, such as an unemployed person receiving unemployment benefit. Currently, fewer lenders are offering loans to people without a job.
Loans over the age of 18 are granted to persons over the age of 18. However, most lenders on the Internet offer loans to persons over the age of 21.
When choosing a lender online, pay attention to:
annual percentage rate;
age limit of the borrower;
lender’s working hours;
the length of the money transfer;
Most lenders offering cash loans on the Internet have requirements for loans:
be a citizen or resident of Philippines;
be between 18 and 75 years old;
have a bank account within a Philippines bank;
have a valid phone number;
do not have overdue loan payments or debt.
Yes, there can be multiple active loans at the same time
You need a passport or an ID to get a loan. See the lender’s website for more information.
Contacting the lender may increase the loan amount. If you receive an additional amount, the due date of the loan may change. More information on the relevant lender's website.
Most money transfers are made during the lender's business hours. Fast loans offer you an average of 15 minutes if the lender and the borrower have a bank account in a matching bank. If you have a bank account within another bank, you can get the money you need up to three days after the application is processed.
Yes. You can borrow, unless you are late on your loan payments and you are on the debtors list.
Online loans announce your loan decision within minutes, but no later than one business day.
You provided incorrect data during the registration;
You have not repaid your loan by the same lender;
You are in the debtors’ list.
The lender sets the loan limit for each client individually.
It is possible to make loan repayments in installments within the loan repayment term, i.e. you can make multiple payments. If it is not possible to repay the loan within the term specified in the contract, you must contact the lender personally. Quick loans offer an extension of the loan repayment term. You can find out the amount of the renewal fee in your user profile or by contacting the lender's customer service department.
The fee for extending the loan repayment term can be found in your user profile.
The loan payments can be made through the Internet bank or at any branch of the bank
Yes. The loan can be repaid at any moment.
When making a loan payment, you must specify:
lender’s registration number;
information for the recipient;
purpose of the payment;
loan invoice number;
The concluded loan agreement is stored in the lender's database for an unlimited period. Upon receipt of a written request from the client, the contract may be sent to the address specified by the client.
The website LoansPhilippinesOnline.Com is an independent broker that provides consumers with free information on the special terms of a lender's loan agreement and other relevant information. LoansPhilippinesOnline.Com does not issue loans and is not a lender. On the website, the peer-to-peer lenders have a special license to provide the consumer credit service.
Maximum percentage interest rate (APR): 145%. Loan term: from 62 days to 6 months. Cost example: Loan of 2400 ₱ for 3 months, monthly payment 870 ₱, total amount 2610 ₱, annual percentage rate APR 145%.