OKPeso Loan App: A Comprehensive Review of the Secure Financial Service


OKPeso is a trusted online cash loan application that provides secure loan services in the Philippines. As a licensed platform under Codeblock Lending Inc., OKPeso prioritizes user safety while offering a convenient and accessible solution to meet your financial needs.

  • Company Name: Codeblock Lending Inc.
  • Company Registration: No.Cs201913681
  • Certificate Of Authority: No.3059

In this detailed review, CashLoanPH will delve into the various features, the straightforward application process, the comprehensive terms and conditions, as well as the pros and cons of OKPeso loans.

Applying for a Loan with OKPeso

Applying for a loan through OKPeso is a quick and hassle-free process. Follow the step-by-step guide below to initiate your loan application:

  1. Install the OKPeso app on your mobile device to access the platform’s services.
  2. Create an account by providing your personal information, including your full name, residential address, email address, and mobile number.
  3. As a verification requirement, upload a clear copy of your valid identification document.
  4. Provide accurate and detailed information regarding your income and expenses. This ensures that OKPeso can assess your financial situation appropriately.
  5. Once you have submitted your application, patiently await the approval process.

Terms and Conditions of OKPeso Loans

Before proceeding with your loan application, it is essential to understand the terms and conditions set forth by OKPeso. Here are the key details:

Loan Amount:

  • Range: β‚±2,000 – β‚±20,000

Loan Term:

  • Duration: 96 days – 365 days

Interest Rate:

  • Annual Percentage Rate (APR): 24%

Service Fee:

  • Range: 10% – 20%

Late Payment Fee:

  • 1% per day

Exploring OKPeso Loan Features

OKPeso offers a range of notable features that make it an attractive choice for borrowers. Consider the following pros:


  1. Quick and Easy Application Process: OKPeso simplifies the loan application process, allowing users to apply and receive funds quickly and conveniently.
  2. Direct Deposit into Bank Account: Once your loan is approved, the requested funds will be directly deposited into your nominated bank account, ensuring swift access to the money.
  3. Competitive Interest Rates: Compared to traditional lending institutions, OKPeso offers competitive interest rates, making it a cost-effective borrowing option.
  4. No Collateral Required: OKPeso eliminates the need for collateral, providing greater accessibility to individuals who may not possess substantial assets.

Potential Drawbacks of OKPeso Loans

While OKPeso provides a reliable loan service, it is important to consider the following cons:


  1. High Interest Rates: OKPeso loans carry higher interest rates compared to traditional lenders. Borrowers should evaluate their ability to meet the repayment obligations accordingly.
  2. High Late Payment Fees: Failure to make timely repayments may result in significant late payment fees. Borrowers are advised to strictly adhere to the agreed-upon repayment schedule to avoid additional charges.
  3. Approval Eligibility Criteria: OKPeso has specific requirements for loan approval. Failing to meet these criteria may lead to the rejection of your loan application. Make sure you fulfill the necessary criteria to improve your chances of approval.


When considering an OKPeso loan, it is crucial to carefully weigh the pros and cons to determine if it aligns with your financial goals and circumstances. The streamlined application process, competitive interest rates, and quick access to funds make OKPeso an appealing option for borrowers.

However, borrowers should also be aware of the potential drawbacks, such as higher interest rates and late payment fees. To gather more information about OKPeso loans and make an informed decision, we recommend visiting their official website or reaching out to their customer service.

Disclaimer: This comprehensive review is based on the information available at the time of writing and is subject to change. Potential borrowers are advised to refer to the official OKPeso website and consult with customer service for the most up-to-date and accurate information.

Source: https://play.google.com/store/apps/details?id=tech.codeblock.okpeso&hl=en&gl=US

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CashLoanPH Changed status to publish 29/05/2023