CREZU Loan: Online Loan App Reviews in the Philippines 2024


In the ever-evolving world of financial technology, online loan apps have gained popularity for their convenience and accessibility. One such app is Crezu Loan, which aims to provide quick and hassle-free loans to Filipinos in need.

CashLoanPH will delve into the details of Crezu Loan, including its legitimacy, application procedures, loan conditions, and user feedback. Whether you are considering applying for a loan or simply seeking information, this review will serve as a valuable resource to help you make an informed decision.


Summary of Crezu Loan

When it comes to online loan apps, Crezu Loan stands out as a reliable option for borrowers in the Philippines. Here are the key points summarizing Crezu Loan:

  • Review: Crezu Loan
  • Guide to: Applying for an online loan through Crezu in the Philippines
  • Loan Amount: Ranging from 1000 to 20,000 Pesos
  • Age Requirement: 22 to 70 years old
  • Loan Term: 2 to 4 months
  • Interest Rate: 0% for first-time borrowers
  • Pros: Easy loan application process
  • Cons: Multiple steps for registration
  • Effectiveness Rating: Good
  • Bad Debt: Allowance
  • Feedback: Read more in this review
  • Crezu Loan Website

What is Crezu?

Crezu is an online money lending application developed by Fininity Ltd. Serving as an intermediary between borrowers and lending institutions, Crezu collects loan application information from customers and suggests suitable loan partners. Crezu provides personal loans ranging from 1000 to 25,000 pesos, with repayment terms spanning from 61 to 120 days.

Pros of Crezu Loan in the Philippines

Crezu Loan offers several advantages to borrowers in the Philippines, making it a popular choice among individuals seeking financial assistance. Here are the pros of using Crezu Loan:

  • 24/7 Financial Services: Crezu operates round the clock, ensuring that borrowers can access loans whenever they need them.
  • No Proof of Income Required: Unlike traditional banks, Crezu does not require borrowers to provide proof of income, making it more accessible to individuals with irregular income sources.
  • No Collateral Needed: Crezu offers unsecured loans, eliminating the need for borrowers to pledge valuable assets as collateral.
  • Instant Loan Processing: Crezu processes loan requests almost instantly, providing borrowers with loan suggestions within five minutes.
  • No Credit History Check: When approving loans, Crezu does not consider the borrower’s credit history, making it more inclusive for individuals with less-than-perfect credit scores.
  • Simple Application Procedure: The loan application process only requires a valid personal ID, a genuine bank account, and a computer or mobile phone with an internet connection.
  • Extensive Customer Base: Crezu has provided loan assistance to over 300,000 customers, reflecting its credibility and popularity.
  • Free Service: Crezu offers its services to borrowers free of charge.
  • High Browsing Rate: Crezu boasts a browsing rate of over 94%, indicating its reliability and efficiency.
  • Nationwide Coverage: Crezu supports all citizens within the Philippine territory, ensuring accessibility to borrowers regardless of their location.
  • Confidentiality: Crezu maintains strict confidentiality of customer information, ensuring the security and privacy of borrowers.

Cons of Crezu Loan App

While Crezu Loan offers numerous advantages, it is important to consider the potential drawbacks before applying for a loan. Here are the cons of Crezu Loan:

  • Limited Loan Amount: The loan limit provided by Crezu may not be suitable for borrowers in need of larger loan amounts. It is more suitable for individuals seeking smaller loans.
  • Short Repayment Term: Crezu’s online loans in the Philippines come with relatively short repayment terms, which may pose challenges for borrowers in managing their finances.
  • Higher Interest Rates: The interest rates for Crezu loans are generally higher compared to unsecured loans offered by traditional banks. Borrowers should carefully consider the cost of borrowing before committing to a loan.

Crezu Loan Interest Rate

The interest rates for Crezu loans vary based on each loan package and borrower’s profile. Rates range from 12% to 36% per year. However, new customers applying for loans for the first time may enjoy a 0% interest rate on their initial loan.

Example of Crezu Interest Rate Calculation

To illustrate how interest rates are calculated, let’s consider an example. Suppose a customer applies for a Crezu loan of 10,000 pesos with a term of 3 months and an interest rate of 12% per year (equivalent to 1% per month). The calculations would be as follows:

  • Principal Amount Payable in 1 Month: 10,000 / 3 = 3,333.3 pesos
  • Interest Payable in 1 Month: 10,000 x 1% = 100 pesos
  • Total Amount to Repay in 1 Month: 3,333.3 + 100 = 3,433.3 pesos

Crezu Loan Requirements

When Crezu announces an application, customers must meet certain conditions to be eligible. These conditions include being a Filipino citizen aged between 18 and 70 years old, having an active email address, a genuine phone number, and at least one valid personal ID.

For the first Crezu loan, the client needs to provide personal information and verify that the ID matches the registered information. The system will then suggest reputable and suitable lending partners within 5 minutes. The borrower can choose the most suitable lender, register their information, and sign a contract to receive loan disbursements.

For subsequent loans (2nd loan onwards), borrowers can simply log in to the Crezu app. Their personal information will be stored in the system, and Crezu will immediately suggest suitable loan services.

Guide to Crezu Loan Application Step-by-step

Applying for a loan through Crezu is a straightforward process. Here is a step-by-step guide to help you navigate the Crezu Loan application:

  • Step #1: Go to Crezu’s Loan Application Page Visit Crezu’s website using the following link: []
  • Step #2: Choose a Loan Limit Drag the slider left and right to select the desired loan limit. Once selected, click “Request your loan.”
  • Step #3: Fill in the Required Information Complete Crezu’s inquiry form by providing your name, date of birth, phone number, and email address. Review and agree to the terms and conditions of the loan application. Finally, click “Request your loan.”
  • Step #4: Receive Relevant Loan Offers After submitting your information, the system will search and suggest suitable lenders. Evaluate the loan limit, term, approval rate, and loan approval time for each lender. Choose the lender that best fits your requirements. Click “Get money” to apply for the loan. The system will notify you once the loan is approved, and the disbursed amount will be transferred to your bank account.

Reviews and Feedback on Crezu Online Loan App

Crezu Loan has garnered positive feedback from its customers, with over 86% of borrowers returning to apply for loans again. Here are some reviews from Crezu Loan customers:

  • Lea Ong: I’ve never been very good at searching and comparing different loan offers in order to find the best one… but Crezu made it so easy for me! Highly recommended!
  • Super Maine Tomas: With the help of Crezu, I avoided sending lots of applications to different lenders and saved a lot of time. It’s the fastest and most efficient platform I’ve ever used.
  • Alden Ocampo: I’ve tried other loan websites before, but they were so unclear and always came out with hidden charges. Crezu is a really transparent and comfortable platform.

Crezu Loan Repayment

Crezu offers flexible repayment options to borrowers. Repayment can be made through various channels, including online banking, mobile banking, over-the-counter bank payments, or through payment centers such as Bayad Center, Cebuana Lhuillier, or 7-Eleven.

Compare Crezu Loan App philippines with Other Online Loans

Comparative criteria Crezu App Pesoredee App Digido App
Loan Amount 1000 – 25000 ₱ 1000 – 30000 ₱ 500 – 30000 ₱
Interest 1% – 3%/month 12%/month 12%/month
Loan Term 2 – 4 months 3 – 6 months 3 – 6 months
Age 18 – 70 years old 22 – 70 years old 21 – 70 years old
Browsing time 5 minutes 10 minutes 5 minutes

Conclusion: Is Crezu Loan a Legit Loan for Borrowers in the Philippines?

Crezu Loan serves as a reliable and accessible option for Filipinos seeking quick and convenient financial assistance. With its easy application process, minimal requirements, and quick loan approval, Crezu has established itself as a popular choice among borrowers. However, potential borrowers should carefully consider the loan conditions, repayment terms, and interest rates to ensure that Crezu Loan aligns with their financial needs and capabilities.

It is always recommended to compare loan options and explore different lenders to find the best fit for your specific circumstances. Remember to borrow responsibly and assess your repayment capacity before taking on any loan.

5/5 - (9 votes)
CashLoanPH Changed status to publish 30/06/2023