When it comes to fulfilling your short-term goals and overcoming financial constraints, Luckyloan PH is your reliable partner. As an online loan service platform in the Philippines, Luckyloan is dedicated to helping individuals turn their dreams into reality. With their convenient and efficient loan services, you can easily access the funds you need to achieve your objectives.
| Loan App | Lucky Loan PH |
| Loan Amount | upto ₱15,000 |
| Loan Term | max 180 days |
| SEC Registration No. | CS201914390 |
Product Information:
- Loan Amount: Luckyloan offers loan amounts ranging from ₱3,500 to ₱15,000. Whether you need a small amount to cover immediate expenses or a larger sum for a significant investment, Luckyloan has you covered.
- Loan Term: The loan term provided by Luckyloan is flexible, ranging from a minimum of 90 days (including renewal) to a maximum of 180 days (including renewal). This allows you to choose a repayment period that suits your financial situation and ensures comfortable monthly installments.
- Annual Interest Rate (APR): Luckyloan offers competitive interest rates, with an APR ranging from 20% to 26%. This ensures that you receive fair terms and helps you manage your loan repayment effectively.
- Other Fees: Luckyloan believes in transparency, and there are no hidden fees involved. You can rest assured that there will be no additional charges apart from the applicable interest rate and service fee.
- Service Fee: Upon loan disbursement, Luckyloan deducts a one-time Service Fee. The percentage of the service fee is determined based on your profile evaluation and ranges from 8% to 15%. This personalized approach ensures that you receive a service fee that aligns with your financial circumstances.
Calculation Example:
To provide you with a clear understanding of how repayments work, let’s consider an example. Suppose you apply for a loan amount of ₱5,000 with a loan term of 180 days (6 months). The APR is 20%, and the one-time service fee is 10%, with no other fees involved. Based on these figures, your repayment details would be as follows:
- One-time service fee: ₱5,000 * 10% = ₱500
- Disbursal amount: ₱5,000 – ₱500 = ₱4,500
- Total interest fee: ₱5,000 * 20% * 180/360 = ₱500
- Total amount to repay at the due date: ₱5,000 + ₱500 = ₱5,500
- Monthly repayment: ₱5,500 / 6 = ₱916
Application Eligibility:
To be eligible for a loan with Luckyloan, you need to meet the following criteria:
- Filipino Citizen: Luckyloan caters exclusively to Filipino citizens, ensuring that their services are accessible to those residing in the Philippines.
- Age Requirement: Applicants must be 18 years old or older to qualify for a loan. This age requirement ensures that borrowers are legally responsible and capable of entering into loan agreements.
- Government-Issued ID: Luckyloan requires applicants to possess at least one valid government-issued identification document. This helps verify your identity and ensures a secure loan application process.
Application Process:
Applying for a loan with Luckyloan is simple and can be done in a few easy steps:
- Download Luckyloan from Google Play: Begin by downloading the Luckyloan app from the Google Play Store. Install it on your mobile phone to get started.
- Complete the Application Forms: Fill out the necessary application forms provided by Luckyloan. These forms gather essential information to process your loan application efficiently.
- Immediate Money Release: Upon approval of your loan application, the money will be released immediately into your chosen account. This ensures quick access to the funds you need without unnecessary delays.
- Convenient Repayment and Re-loan: After successfully repaying your loan, Luckyloan offers you the opportunity to re-loan with a higher amount. This feature allows you to access increased loan amounts as you build a positive borrowing history.
Privacy & Permissions:
Luckyloan places a high emphasis on the privacy and security of your personal information. They collect, upload, store, and utilize user data, including contact information, SMS information, image information, device information, and more.
However, rest assured that they handle your data with the utmost care and use SSL encryption to ensure the confidentiality of your information. It is always advisable to review the Privacy Policy provided by Luckyloan before proceeding with the loan application. You can find the detailed Privacy Policy at https://www.plclucky.com/agreement/register.
About LuckyLoan PH:
Luckyloan is legit loan app in the Philippines, it is offered by Populus Lending Corporation (PLC), a trusted financial institution in the Philippines. PLC operates under the registration number CS201914390 and holds the CA number 3066. By partnering with PLC, Luckyloan ensures a reliable and secure lending experience for its customers.
For more information about Luckyloan and its services, visit their official website at https://plclucky.com.
Contact Information:
If you have any queries or require assistance, feel free to reach out to Luckyloan through the following contact details:
- Phone Number: 09363992398
- Email: [email protected]
- Address: 19th Floor MarcoPolo Ortigas Manila, Sapphire Road, Ortigas Center, 1600 Philippines.
Conclusion:
Luckyloan PH is your trusted online loan service platform in the Philippines, dedicated to providing convenient and reliable financial solutions. With flexible loan amounts, competitive interest rates, and a straightforward application process, Luckyloan aims to help individuals overcome financial constraints and achieve their short-term goals. Visit their official website or contact them directly for further information and assistance. Trust Luckyloan to be your reliable partner on your financial journey.
