Digido Loan Review: How Legit is This Online Lending Platform?


In the dynamic world of finance, loans have often been stigmatized due to misconceptions about their implications. However, loans can be valuable financial tools when managed responsibly, helping individuals overcome financial challenges and achieve their goals. The key to successful loan management lies in exercising financial discipline and choosing the right lending platform.

As the digital era progresses, online loan providers have emerged as a popular choice, offering hassle-free access to quick cash assistance for those seeking financial support. One such platform is Digido Loan, a licensed online lender in the Philippines.

In this review, CashLoanPH will delve into the various aspects of Digido to assess its legitmate, reliability and potential to meet the financial needs of users.


Digido Loan Overview

Digido, is a licensed online lender that caters to underbanked but digitally-savvy Filipino consumers. With its user-friendly website and mobile application, Digido provides easy access to loan solutions.

What sets Digido apart from other cash loan providers is its fully automated online lending portal. Leveraging the precision of digital technology, the platform eliminates human error and bias from the loan assessment process, ensuring fair and justifiable outcomes for loan applications.

Legitimacy of Digido Loan

A primary concern for borrowers is the legitimacy of the lending platform. In the case of Digido, users can rest assured that the platform is legitimate.

Digido is registered with the Securities and Exchange Commission (SEC) under Registration No. CS202003056 and holds Certificate of Authority No. 1272. Users can verify this information by visiting the official SEC website.

Additionally, Digido has a physical location, Digido Finance Corp., situated at Units P107003R, P107007R, P107008R, Level 7 Cyberpark Tower 1, 60 Gen. Aguinaldo Ave., Cubao, Quezon City, Philippines 1109, which can be visited by enforcement authorities if necessary.

Reasons to Choose Digido

Understanding the features and benefits of a lending platform is crucial in making an informed decision. Digido offers several compelling reasons to choose their loan services:

Online Application and Approval

Being an online lending tool, Digido allows users to access loan products and services anytime and anywhere using just their mobile devices. The entire loan application process, from initiation to disbursement and repayment, can be completed online, making it fast and convenient.

Minimal Documentation Required

Digido simplifies the loan application process by requiring minimal documentation. A valid ID, proof of income, and a working mobile number are the primary requirements. Unlike traditional banks, there is no need for guarantors, collaterals, bank accounts, guarantee deposits, or flawless credit records. As long as applicants meet the basic criteria to prove their creditworthiness, they can secure a Digido cash loan to cover their financial needs.

Flexible Loan Amount and Terms

Digido offers flexibility in loan terms, ranging from three to six months, and the loan amount can vary from ₱1,000 to ₱25,000. First-time borrowers can apply for amounts between ₱1,000 and ₱10,000, with the possibility of increasing the loan amount up to ₱25,000 with subsequent loan applications. The Digido loan calculator helps users choose the right loan amount and duration that best suits their needs, with eligibility criteria and requirements varying depending on the loan amount and duration.

Reasonable Interest Rates

Interest rates for Digido loans vary based on the loan amount and duration. Typically, the interest rates stand at 11.9% monthly. However, for first-time borrowers, Digido offers an attractive 0% interest rate, making it a compelling choice for initial loan applications.

No Hidden Charges

Transparency is a crucial aspect of any lending platform, and Digido delivers on this front. The platform claims to have no hidden fees, interest charges, or commissions. Everything is disclosed upfront, empowering borrowers to take control of their finances responsibly.

Fully Automated Loan Platform and Process

One of the key differentiators for Digido is its fully automated loan platform. Unlike traditional lending institutions, borrowers do not need to disclose their financial data to a banking professional. Digido’s automated lending system handles everything, from evaluating the loan application to transferring funds instantaneously. This ensures the confidential and secure handling of personal and sensitive data within the platform.

Quick Loan Approval

In today’s fast-paced world, borrowers value efficiency. Digido’s application process is incredibly swift, with loan applications processed within minutes. When accounting for the time required for assessment, approval, and disbursement, borrowers can receive the loan amount within a few hours, making it an ideal solution for emergency financial needs.

Convenient Repayment Options

Digido ensures that repaying loans is convenient for borrowers. With multiple options, including remittance centers and digital banking, borrowers can choose the method that suits them best. Among Digido’s affiliated partners are BPI, Metrobank, Security Bank, 7-Eleven, Bayad Center, and Coins.ph, providing borrowers with a range of choices for repayment.

Perks and Promotions

Digido rewards both first-time borrowers and repeat customers with attractive perks and promotions. For the first loan, borrowers can enjoy a 0% interest rate for seven days, provided they provide sufficient proof of identity and income. For repeat customers, the loan ceiling can increase from ₱10,000 to ₱25,000, eliminating the need for additional documentation starting from the second loan. Automatic loan approval is a benefit for repeat customers, streamlining the process for their subsequent loan applications.

Great Customer Service

Customer service plays a crucial role in any financial service. Digido has adopted a customer-centric approach, with banking professionals working diligently behind the scenes to ensure a positive customer journey. They aim to dispel any confusion and inconvenience during the loan application process, providing guidance and assistance to borrowers.

User Reviews of Digido Loan

User reviews provide valuable insights into the actual experiences of borrowers with the platform. Digido’s user reviews exhibit a spectrum of opinions, ranging from positive to negative, represented through ratings from one to five stars. The average scores on Apple Store and Google Play Store, 4.5 and 4.6 stars respectively, are indicative of a generally positive reception. However, individual reviews shed light on specific aspects of the platform’s performance.

With more than 7,000 ratings on Apple Store and over 35,000 ratings on Google Play Store, it is evident that Digido has garnered significant attention and user feedback. Some users validate Digido’s claim of swift loan disbursement for first-time borrowers, highlighting the platform’s efficiency. This fast disbursement process contributes to the platform’s appeal, especially for those in urgent need of funds.

However, some reviews point out potential areas of concern. One notable issue raised by some users is the difficulty experienced when applying for a reloan. While the process for first-time borrowers is reportedly seamless, obtaining approval for a second loan seems to be more challenging. Previous loan records with Digido appear to play a role in this aspect, even for borrowers with a seemingly spotless record.

Another point of discussion in user reviews is the interest rates offered by Digido. While the platform is transparent about its interest rates and provides a loan calculator for borrowers to assess their potential obligations, some reviews voice concerns about high interest rates. Nonetheless, users are encouraged to fully read and understand the loan contract to avoid any surprises and ensure they are comfortable with the terms before proceeding.

Occasionally, users mention hidden charges that were deducted from their loan proceeds. It is essential for borrowers to be aware of such fees and to review the loan contract carefully before accepting the terms. Digido maintains that all charges are disclosed in the contract and encourages borrowers to settle their balances ahead of schedule to avoid additional fees.

In terms of customer service, reviews indicate a mixed experience. While many users commend Digido’s representatives for their politeness and helpfulness, some reviews claim instances of rudeness and unhelpfulness. To maintain consistent service quality, Digido must address any discrepancies in customer care and ensure that its agents adhere to high standards of professionalism.

Some users have also expressed concerns about their personal data being compromised. A few reviews indicate that they received spam calls and messages from unknown sources after installing the Digido app. Data privacy is a critical aspect of any financial platform, and Digido should take user feedback seriously to ensure the protection of personal information.

Digido Loan Requirements

Before applying for a loan with Digido, potential borrowers must meet specific eligibility criteria. To qualify for a Digido loan, individuals must be Filipino citizens between the ages of 21 and 70. In addition, they must possess a government-issued ID, proof of income, and a working mobile connection. While not mandatory, providing supporting documents, such as a certificate of employment, company ID, income tax return, and pay slips, can increase the likelihood of loan approval.

How to Apply for a Loan with Digido

If Digido appears to be a suitable lending platform, the next step is to understand the loan application process. Borrowers can apply for a Digido loan through either the mobile app or the website. Here is a step-by-step guide for each method:

Applying Through the Mobile App

  • Download the Digido loan app from the Apple Store or Google Play Store.
  • Open the app and indicate the desired loan amount.
  • Enter the mobile number for verification.
  • Review the privacy policy, terms and conditions, and consent form. If in agreement, check the consent box.
  • Click the “Apply Now” button to complete the rest of the account creation form.
  • Confirm the mobile number by entering the code received on the device.
  • Upload a valid government-issued ID and any other required supporting documents.
  • Choose the preferred disbursement method for the loan proceeds.
  • Wait for the automated system to assess and approve the application.
  • If approved, confirm the loan contract by entering another code sent to the device.
  • The loan amount will be transferred in real-time based on the chosen disbursement method.

Applying Through the Website

The process for applying through the website is similar to the mobile app method. Visit the Digido website and use the loan calculator to enter the preferred loan amount. Follow the subsequent steps as indicated in the previous subsection. However, using the mobile app is recommended, as it offers access to extra funds up to ₱1,000 and a higher approval rate compared to the website.

Repayment Options for Digido Loan

Efficient and convenient loan repayment options are vital for borrowers. Digido ensures a smooth repayment process by partnering with various payment channels. Borrowers can choose to repay their loans online or over the counter at affiliated institutions. Here are some of the Digido-affiliated payment channels:

Banks (Online and Over the Counter)

  • Asia United Bank (AUB)
  • Banco de Oro (BDO)
  • Bank of Commerce
  • Bank of the Philippine Islands (BPI)
  • Chinabank
  • EastWest Bank
  • UBX
  • Landbank
  • Maybank
  • Metropolitan Bank and Trust Company (Metrobank)
  • Philippine National Bank (PNB)
  • Philippine Savings Bank (PSBank)
  • Rizal Commercial Banking Corporation (RCBC)
  • Robinsons Bank
  • RuralNet Banks and Coops
  • Security Bank
  • UnionBank
  • United Coconut Planters Bank (UCPB)

Remittance Partners and Payment Centers

  • 7-Eleven
  • Bayad Center
  • Cebuana Lhuillier
  • Coins.ph
  • Electronic Commerce Payments, Inc. (ECPay)
  • LBC
  • M Lhuillier
  • SM Department Counter


In conclusion, Digido Loan is a licensed online lending platform that offers a range of benefits and services to meet the financial needs of digitally-savvy Filipinos. By leveraging digital technology, Digido streamlines the loan application process, providing borrowers with swift approval and efficient loan disbursement.

While user reviews indicate a generally positive experience, potential borrowers should be aware of certain concerns raised by users, such as the difficulty in securing reloans and potential issues with data privacy.


As with any financial decision, borrowers are encouraged to weigh the pros and cons, read the loan contract thoroughly, and make an informed choice that aligns with their financial goals and responsibilities. When managed responsibly, loans, including those from Digido, can serve as valuable tools to overcome financial challenges and achieve long-term financial independence.

5/5 - (13 votes)
CashLoanPH Changed status to publish 27/07/2023