Finmerkado (finmerkado.ph), a loan broker and trailblazing financial inclusion platform, is dedicated to reshaping the financial terrain in the Philippines. Through the utilization of alternative data, their goal is to offer easily accessible credit solutions to individuals nationwide. By tapping into and scrutinizing data from various channels, Finmerkado is paving the way for inventive approaches to enhancing credit accessibility. Their forthcoming endeavors involve the rollout of bank products and the launch of a user-friendly mobile app specifically designed for the Filipino market.
Finmerkado (finmerkado.ph) operates as a financial intermediary and does not extend loans directly from its own funds. Its platform facilitates the assessment of reputable lenders offering a variety of financial products in real time. These lenders provide flexible repayment options spanning from 91 to 180 days, featuring a minimum APR interest rate of 0% and reaching up to 427%.
As an illustration, if an individual applies for a PHP 20,000 loan with a 6-month repayment plan, the monthly installment would amount to only PHP 5,000. The total cost of the loan in this scenario would be PHP 2,383 per month, equating to an APR of 143%. It is important to note that finmerkado does not impose any charges for utilizing their service. The precise cost associated with each loan is contingent upon the particulars of the individual application. Comprehensive and accurate information regarding the APR and all associated fees will be provided to applicants before finalizing a loan agreement.
For further inquiries, they can reach out to Finmerkado at the following contact details:
- Address: 10F IBP Tower Julia Vargas Ave. & Jade Dr. Ortigas Center, San Antonio Pasig City, 1605 Metro Manila, Philippines
- Website: finmerkado.ph
- Email: [email protected]
