In the rapidly evolving landscape of financial technology, MayPera has emerged as a leading fintech company in the Philippines, providing innovative online loan services. With a commitment to simplicity, speed, and security, MayPera has become a trusted financial solution for Filipino families, offering a range of loan options that can be conveniently accessed through their user-friendly mobile application. Let’s dive deeper into the features and benefits of MayPera’s online loan services.
| Lend Company | LUCKY SHELL FINTECH LENDING, INC. |
| Loan Name | MayPera Loan PH |
| Loan Amount | up to PHP 100,000 |
| Loan Term | up to 180 days |
| SEC Registration No. | CS201912995 |
Is MayPera PH legit?
Absolutely, without a doubt! MayPera PH Loan App is legit loan app in Philippines. MayPera PH is an entirely legitimate online lending platform catering to financial institutions. If you happen to have any reservations, let me present you with the supporting factors that unequivocally establish the authenticity and credibility of MayPera.
First and foremost, it is essential to understand that any financial institution operating within the Philippines must strictly adhere to the laws and regulations mandated by the government. This compliance with regulatory requirements is a fundamental criterion for legitimacy. In particular, they are obligated to register their business with the Securities and Exchange Commission (SEC).
Upon careful examination of the official SEC website, it is evident that MayPera’s company name is Lucky Shell Fintech Lending, Inc., and their registration number is CS201912995. This concrete piece of information serves as irrefutable evidence, confirming the legitimacy of MayPera as a trustworthy lending platform.
MayPera’s Product Advantages
- Loan Amount up to ₱100,000: MayPera understands the diverse financial needs of individuals and families. Whether you require funds for unexpected expenses, debt consolidation, or personal projects, MayPera offers loan amounts ranging from ₱1,000 to ₱100,000. This flexibility ensures that borrowers can access the necessary funds to meet their unique requirements.
- Free Choice of Repayment Terms up to 180 Days: MayPera recognizes the importance of flexible repayment options. Borrowers have the freedom to select a repayment term that suits their financial capabilities, ranging from 120 days to 180 days. This flexibility empowers borrowers to manage their finances effectively and comfortably repay the loan amount.
- 24/7 Online Review with High Approval Rate: MayPera prioritizes customer convenience and aims to streamline the loan application process. By utilizing their online platform, borrowers can submit loan applications anytime, anywhere, ensuring a hassle-free experience. Furthermore, MayPera boasts a high approval rate, providing borrowers with a higher likelihood of securing the funds they need.
- Fast Disbursement with No Delays: In urgent financial situations, prompt access to funds is crucial. MayPera ensures swift disbursement of approved loans, minimizing waiting periods and ensuring that borrowers can access the funds they require without unnecessary delays. This commitment to efficiency distinguishes MayPera as a reliable online loan provider.
- Easy Re-Borrowing with Higher Loan Amounts: MayPera values customer loyalty and provides a convenient re-borrowing feature. With just a single click, borrowers can access higher loan amounts, simplifying the process for recurring financial needs. This feature eliminates the need to reapply from scratch, making it quick and effortless to obtain additional funds.
- 100% Secure Personal Information: MayPera places utmost importance on the privacy and security of customer data. They employ robust security measures and industry-standard encryption to safeguard personal information, ensuring that all data provided during the loan application process remains strictly confidential and protected from unauthorized access.
MayPera Product Information
- Loan Amount and Terms: MayPera offers a range of loan amounts from ₱1,000 to ₱100,000. Borrowers can select the loan amount that aligns with their specific needs, empowering them to address financial requirements effectively. Additionally, loan terms extend from 120 days to 180 days, allowing borrowers to choose a repayment period that suits their financial situation.
- Annual Interest Rate and Service Fee: MayPera implements transparent and competitive pricing for their loan services. The annual interest rate can reach up to 14%, ensuring fair and reasonable borrowing costs. Additionally, a one-time service fee of 10% is applied, providing clarity and predictability regarding the overall cost of borrowing.
To better understand the cost implications, let’s consider an example: Suppose a borrower takes out a loan of ₱5,000 with a repayment term of 120 days. The associated fees would be as follows:
- One-time service fee: ₱5,000 * 10% = ₱500
- Amount received: ₱5,000 – ₱500 = ₱4,500
- Interest: ₱5,000 * 14% * 120/365 = ₱230
- Total repayment amount: ₱5,000 + ₱230 = ₱5,230
MayPera Loan Requirements
To ensure eligibility for a MayPera loan, applicants must meet the following requirements:
- Age: Applicants must be at least 18 years old to apply for a loan. This requirement ensures that borrowers have legal capacity and responsibility when engaging in financial transactions.
- Government-Issued Personal Identification: MayPera requires a valid government-issued identification document for identity verification. This step helps prevent fraudulent activities and ensures that loans are provided to legitimate individuals.
- Valid Phone Number: A valid phone number is necessary for communication purposes during the loan application process. MayPera utilizes this contact information to relay important updates, verification requests, and loan disbursement notifications.
Steps to Apply for a MayPera Loan
- Register and Verify: To begin the loan application process, download the MayPera mobile application. Register using your phone number and provide the necessary personal information to complete the identity verification process.
- Apply for a Loan: Once registered, borrowers can select the loan amount that suits their requirements. Additionally, they can provide the account details where the loan funds will be disbursed. By submitting the loan application through the MayPera app, borrowers can easily track the verification process and receive updates on their application status.
- Get a Loan: MayPera streamlines the verification process, ensuring a quick turnaround time. In many cases, loan applications are approved within 3 minutes. Once approved, the loan amount is promptly transferred to the borrower’s designated account, providing immediate access to the funds.
- Pay off the Loan on Time: Timely repayment is essential for maintaining a good credit history and avoiding penalties. MayPera encourages borrowers to adhere to the agreed-upon repayment schedule, which helps improve creditworthiness and potentially opens doors to higher loan amounts in the future.
- Reapply for a Loan: MayPera values customer satisfaction and aims to be a trusted partner throughout the borrower’s financial journey. Should the need arise for additional funds, MayPera simplifies the process by allowing borrowers to reapply with ease, providing continued support to achieve their financial goals.
Contact MayPera PH
For any inquiries or further information, please reach out to MayPera using the following contact details:
Company Information: LUCKY SHELL FINTECH LENDING, INC.
(SEC Registration Number: CS201912995. Certificate of Authority No.:3055)
- Address: Unit 1009 Cityland Pasong Tamo Tower, Chino Roces Avenue, Pio Del Pilar, City Of Makati, Ncr, Fourth District, Philippines
- Hotline: 09696192358
- Email: [email protected]
- Website: https://www.maypera.ph/
In conclusion, MayPera stands out as a trusted and innovative provider of online loan services in the Philippines. By offering convenient, secure, and flexible borrowing options, MayPera empowers Filipino families to meet their financial needs efficiently. With competitive interest rates, transparent fees, and a commitment to customer satisfaction, MayPera sets the standard for modern fintech lending solutions. Take advantage of MayPera’s user-friendly mobile application and unlock the financial opportunities that await you.
