Lemon Cash Loan- Safe and Fast Loan Up to PHP 20,000

Lemon Loan is a reputable online cash loan provider in the Philippines, offering a convenient and reliable solution to Filipinos facing financial crises. With its mobile application, Lemon Loan enables users to access loans quickly and securely. This review will delve into the key features, benefits, and processes offered by Lemon Loan, providing an in-depth analysis of its services.

Loan App Lemon Loan PH
Loan Amount up to PHP 20,000
Loan Term max 365 days
SEC Registration No. CS201915317

Why Choose Lemon Loan?

  1. Secure and Registered: Lemon Loan is a registered and legally compliant lending platform, authorized by the Securities and Exchange Commission (SEC). This regulatory approval ensures the safety of your funds and guarantees that Lemon Loan operates within the legal framework. When entrusting your financial needs to Lemon Loan, you can have confidence in the security and reliability of their services.
  2. Inclusive Access: One of the most significant advantages of Lemon Loan is its inclusive nature. The platform is open to all Filipino citizens, making it accessible to a wide range of individuals in need of financial assistance. As long as you possess a valid government-issued ID, you are eligible to apply for a loan with Lemon Loan. This inclusivity demonstrates their commitment to providing equal opportunities for all Filipinos, regardless of their background or financial situation.
  3. 24/7 Availability: Another standout feature of Lemon Loan is its round-the-clock service. Financial emergencies can arise at any time, and Lemon Loan recognizes the urgency of such situations. With their 24/7 availability, you can access the loan facility anytime and anywhere, making it convenient and reassuring in times of need. Whether it’s late at night or during a weekend, Lemon Loan is there to provide the financial support you require promptly.

Loan Details

Lemon Loan offers a range of loan amounts and terms to cater to different financial needs. Here are the key details:

  • Loan Amount: Lemon Loan provides loans ranging from PHP 2,000.00 to PHP 20,000.00. This flexibility allows borrowers to select an amount that aligns with their specific requirements.
  • Loan Term: The loan term options provided by Lemon Loan range from 91 days to 365 days. This variety of terms ensures that borrowers can choose a duration that suits their repayment capabilities and financial circumstances.
  • Interest Rate: Lemon Loan offers competitive interest rates, with the maximum Annual Percentage Rate (APR) capped at 20%. This ensures that borrowers can access funds at a reasonable cost, minimizing the burden of interest payments.
  • Transaction Fee per Year: Lemon Loan does not charge any transaction fees per year, further enhancing the affordability and transparency of their loan offerings.
  • Service Fee: Lemon Loan imposes a service fee ranging from 0.1% to 0.35%. This fee is calculated based on the loan amount and is deducted to cover administrative costs associated with processing the loan application.

Example Calculation:

To illustrate the cost breakdown, let’s consider an example where you choose a Loan Limit of PHP 10,000.00 and a Term of 120 Days.

  • Total Interest: The total interest payable for this loan would amount to PHP 10,000.00 * 0.05% * 120 = PHP 600.00.
  • Service Fee: The service fee for this loan would be PHP 10,000.00 * 0.3% = PHP 30.00.
  • Interest Payable per Month: The interest payable per month would be PHP 10,000.00 * 0.05% * 30 = PHP 150.00.
  • Monthly Repayment: The monthly repayment bill, including the principal and interest payable, would be PHP 10,000.00 + PHP 150.00 = PHP 10,150.00.
  • Total Repayment Due: The total repayment due at the end of the loan term would be PHP 10,000.00 + PHP 600.00 + PHP 30.00 = PHP 10,630.00.

How Does Lemon Loan Work?

Lemon Loan provides a streamlined and user-friendly process for borrowers. Here are the steps involved:

  1. Fill out Basic Information: To initiate the loan process, you need to provide your basic information through a simple online form. The form typically asks for details such as your name, contact information, employment status, and identification details. This step is crucial for Lemon Loan to assess your eligibility for a loan.
  2. Credit Review: Once you submit your information, Lemon Loan conducts a credit review to evaluate your creditworthiness. This process typically takes around one minute. During the review, the system examines various factors, including your credit history and financial background, to determine whether you qualify for a loan.
  3. Congratulations! Upon successful completion of the credit review, you will receive a notification of approval. Lemon Loan takes pride in its efficiency, and you can expect to receive your cash within three minutes of approval. This rapid disbursement ensures that you can quickly address your financial needs without unnecessary delays.

Supported Payment Channels

Lemon Loan understands the importance of offering diverse payment options to cater to the preferences and convenience of its borrowers. Here are the payment channels supported by Lemon Loan:

  • E-Wallets: Lemon Loan accepts payments through popular e-wallets such as GCash, PayMaya, GrabPay, and others. These digital payment platforms provide a seamless and secure method of transaction.
  • Banks: Lemon Loan supports payments made through various banks, including Unionbank, BDO, AUB, and more. This allows borrowers to utilize their existing bank accounts for loan repayments, simplifying the payment process.
  • Over-the-counter Channels: For individuals who prefer in-person transactions, Lemon Loan accommodates over-the-counter payments through partnering establishments such as RD Pawnshop and 711. These channels ensure accessibility and convenience for borrowers who may not have access to digital payment methods.

Advantages of Lemon Loan

Lemon Loan offers several advantages that set it apart from other lending platforms. Here are some notable benefits:

  1. Generous Rewards for Re-Loaners: Lemon Loan values customers who demonstrate responsible borrowing behavior. If you consistently repay your loans on time, you can enjoy lower interest rates for subsequent loans. This reward system encourages financial discipline and responsible borrowing practices, ultimately benefiting borrowers who maintain a positive repayment history.
  2. Instant and Efficient Customer Service: Lemon Loan prioritizes customer satisfaction and provides prompt and efficient customer service. Should you encounter any issues or have questions throughout the loan process, their dedicated support team is readily available to assist you. You can reach out to them via phone or email, and they will address your concerns promptly, ensuring a smooth and hassle-free experience.

Eligibility Criteria

To qualify for a Lemon Loan, you must meet the following eligibility criteria:

  • Age: You must be between 18 and 65 years old, ensuring that borrowers are within the working age range and legal adulthood.
  • Citizenship: Lemon Loan is exclusively available to Filipino citizens, promoting financial support for local individuals in need.
  • Identification: To verify your identity and ensure compliance with regulatory requirements, you must possess a valid government-issued ID card. This step helps maintain the security and integrity of the loan process.

Contact Information

Lemon Loan is operated by Flash Cash 101 Lending Corporation, an established and reputable financial institution. Here are the contact details for Lemon Loan:

  • SEC Registration No.: CS201915317
  • Certificate of Authorization No.: 3083

For inquiries or further information, you can reach out to Lemon Loan using the following channels:


Lemon Loan stands as a reliable and secure online lending platform in the Philippines, offering a convenient and accessible solution for individuals facing financial difficulties. With its robust security measures, efficient loan processes, and commitment to customer satisfaction, Lemon Loan proves to be a valuable option for Filipinos in need of immediate financial assistance.

Whether it’s an unexpected expense, medical emergency, or any urgent financial need, Lemon Loan provides a transparent and efficient solution to help you overcome your financial challenges. Trust Lemon Loan to provide the necessary financial support, while ensuring the utmost security and convenience throughout your borrowing experience.

5/5 - (15 votes)

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