5+ Best Fast Cash Personal Loans Online in Philippines

Get a Cash Loan you can use anywhere and get approved as fast as 1 minute. With 5+ Best Fast Cash Personal Loans Online in Philippines, you can easily apply for a Cash Loan without worries.

What is an Online Loan in Philippines?

An online loan is a non-traditional type of loan from a private lender that operates over the internet. Online lenders cannot operate without a physical office address, but they generally process applications through their app or website.

Almost 80% or 52 million of adult Filipinos are unable to apply for bank loans, according to a February 2021 report by Foundation for Media Alternatives. This can be a reason Southeast Asia is currently seeing a fast-paced growth in the financial technology industry, which includes online lending companies.

Banks and financial institutions conduct credit checks to evaluate a borrower’s capacity to pay. Online lenders, on the other hand, usually don’t and just require a valid ID or proof of income.

From filling out an online loan application form to getting approved, legit online loan apps in the Philippines are a more convenient form of borrowing. Loan proceeds are often released within 24 hours, and repayments can be made through the online lender’s partner banks and remittance centers.

The loan application procedure and requirements, however, may vary from one lender to another.

5+ Best Loans Online in the Philippines

Digido: Instant Online Loans up to 10000 in Philippines

Loans online with Digido are fast and reliable to meet some needs. You can apply for a loan 24 hours a day, seven days a week in the Philippines!


Tala Philippines

Tala is a 100% legit app that provides FAST loans. Many Filipinos are already using the Tala Loan app to bridge the daily deficit they are facing until their next salary comes. Apart from the Philippines, Tala is also used in Mexico, Tanzania, Kenya, and India.

MoneyCat PH Legit

We found the company MoneyCat in the list of registered organizations on the SEC website, which means that it works in the Philippines under the law, has passed all the necessary inspections of the supervisory authority and can be trusted!


Crezu PH

Crezu is a personal loan search and comparison site. It does not disburse loans directly, but only offers you different options. After you fill out a short application, Crezu will compare offers from different lenders to find you the best loan, personalized to your profile.

The Crezu Philippines loan interest rates ranges from 30 to 365% per annum. The amount available to you ranges from 1000 to 50000 pesos. The loan selection service is absolutely free.


GCash Loan Philippines

Online lending through the GCash app is a popular service among residents of the Philippines who do not have enough money to buy consumer goods.

SosCredit Philippines

SosCredit always ready to help if you urgently need money. Receive in 15 minutes into your bank account. Without guarantor and pledge up to ₱ 10000! By choosing an online lending service, you get the opportunity to get a loan 24 hours a day, 7 days a week, without going to a credit institution

Faq About Loans Online in Philippines

How Do Online Cash Loans In The Philippines Work?

Most online loans are unsecured and will only require minimal documentary requirements. This also allows for fast approval and disbursement process. The release of funds is also very convenient as it’s directly transferred to your bank account or debit card.

Are Online Loans Legit?

Lending companies that legally operate online and cater to Filipinos are required to be registered under DTI. They usually have a physical office set up within the Philippines and can be easily tracked if untoward circumstances arise.

Where can I borrow money instantly in the Philippines?

Among the online loan providers who offer the fastest approval are the following: Digido (Robocash), Cashwagon Cash Loan, Citibank Philippines, HomeCredit Philippines, Tala Philippines, Asteria Personal Loan… Read more: Loans Philippines

Can you go to jail for not paying online loan in the Philippines?

You can’t be arrested for debt just because you’re behind on payments. No creditor of consumer debt – including credit cards, medical debt, a payday loan, mortgage or student loans – can force you to be arrested, jailed or put in any kind of court-ordered community service

“Considering that the online lending operators are not incorporated entities or have no Certificate of Authority to Operate as Lending Companies or Financing Companies, the lending activities and transaction are illegal and have to be stopped immediately by this Commission,” the cease and desist order read.

Can I borrow money from lazada?

Lazada partnered with accredited mobile lenders to make this feature possible. A Lazada Loan allows shoppers to buy now and pay later with easy installment plans minus the credit card requirement. You can apply for a loan directly through the Lazada website or app and have your application approved within the same day.

Can I borrow money on Shopee?

Eligible Shopee buyers can get access to loans at competitive interest rates, with flexible options to repay in 2, 3, or 6 months (6 months available to selected users only). Make sure to activate your SLoan and get up to Php 50,000 in loans that you can withdraw and use anytime, anywhere.

Is Citibank Philippines good for loan?

Considering its features and benefits, the Citibank personal loan is currently one of the best bank loans in the Philippines. It’s the perfect loan for those who want to get approved fast and pay lower monthly installments within a longer repayment period.

What is BPI amount in loan?

BPI (Broken Period Interest) or Gap Interest is charged when the time between the actual date of disbursal and the 1st installment is more than 31 days. Eg. if a loan is disbursed on the 25th of August and the repayment date is the 1st of every month, then the 1st EMI will be deducted on the 1st of October.

Can I borrow money from GCash?

GLoan is a lending feature for GCash users. With this personal loan, you can borrow up to ₱25,000 which you can use to pay bills and purchases at GCash non-partner merchants. You can also cash out the loaned amount which can be directly credited to your dedicated bank account.

What is the easiest loan to get approved for?

The easiest loans to get approved for would probably be payday loans, car title loans, pawnshop loans, and personal installment loans. These are all short-term cash solutions for bad credit borrowers in need. Many of these options are designed to help borrowers who need fast cash in times of need.

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