Pesoloan is a reputable financial service provider that understands the significance of compliance in the realm of financial organizations. As a proud SEC registered company, Pesoloan offers a digitized mobile platform to cater to your quick cash loan needs.
| Loan App | PesoLoan PH |
| Loan Amount | upto PHP 20,000 |
| Loan Term | max 180 days |
| SEC Registration No. | CS201824008 |
Powered by Masaganang Buhay Finance Philippines Corporation, a licensed financing company with SEC Registration No. CS201824008 and Certificate of Authority No. 1185, Pesoloan ensures a secure and transparent lending experience. Before proceeding with any loan transaction, it is crucial to thoroughly review the terms and conditions as well as the disclosure statement.
Features and Benefits
High Credit Limit
Pesoloan values your financial credibility. By maintaining a good credit record with Pesoloan, you can access a high credit limit of up to P20,000. This allows you to borrow a substantial amount of money, ensuring you have the necessary funds to meet your financial obligations.
Flexible and Fast Repayment Options
Pesoloan recognizes the importance of flexible loan repayment options. They provide a variety of channels for loan payments, including popular methods such as GCash, 7-Eleven, MLhuillier, RDPawnshop, QR Code, and Bank Transfer. With these convenient options, you can choose the most suitable and convenient method to repay your loan, ensuring a hassle-free experience.
Fast Application Process
At Pesoloan, they understand that time is of the essence when it comes to financial emergencies. That’s why they have streamlined their loan application process to be quick and efficient. With just a 3-minute application process, you can easily apply for a loan and receive a response within 24 hours. This swift turnaround time ensures that you get the financial assistance you need without unnecessary delays.
Pesoloan Instant Loans – Your Collateral-Free Online Loan App
Pesoloan offers an instant loan service through their user-friendly online loan app. Here are some key features:
Convenient Account Number
Upon registration with Pesoloan, you will be provided with a unique account number. This account number enables you to receive money from anyone within the Philippines. Whether it’s receiving funds from family or friends or receiving payments for goods and services, Pesoloan ensures that you have a hassle-free experience when it comes to managing your finances.
Add Money to Your Account
With Pesoloan’s online loan app, adding money to your account has never been easier. The app’s intuitive interface allows you to seamlessly add funds to your account, ensuring that you have instant access to the money you need, whenever you need it.
Free Money Transfers
Pesoloan understands the importance of seamless transactions. With their online loan app, you can send money to any bank account in the Philippines, free of charge. This feature allows you to transfer funds effortlessly, eliminating the need for additional fees and charges.
Instant Loan Approval and Disbursement
Applying for a loan with Pesoloan is a breeze. Their online loan app provides instant loan approval, ensuring that you receive the funds you need as quickly as possible. Once your loan is approved, the amount will be disbursed directly into your chosen account. Say goodbye to long waiting periods and hello to instant financial assistance.
Bill Payment
Pesoloan’s online loan app goes beyond just providing loans. It also offers a convenient bill payment feature. With this functionality, you can easily manage and pay your bills within the same app. This all-in-one platform ensures that your financial management is simplified and streamlined.
Loan Products
Pesoloan offers a range of loan products through their online fund platform. Here are the key details:
- Loan Period: Choose a loan duration that suits your needs, ranging from 91 days to 180 days. This flexibility allows you to select a repayment term that aligns with your financial situation.
- Maximum Loan Limit: Pesoloan provides loan amounts ranging from PHP1,000 to PHP20,000. The specific loan limit available to you will be determined based on your creditworthiness and history with Pesoloan. By maintaining a good credit record, you can access a higher loan amount, giving you greater financial flexibility.
- Low Interest Rates: Pesoloan prioritizes affordability for its customers. The maximum Annual Percentage Rate (APR) for their loans is capped at 19% per year. This competitive interest rate ensures that your repayment terms remain reasonable and manageable.
Loan Cost Calculation
To give you a clear understanding of the loan costs, let’s consider an example of a PHP20,000 loan with a term of 91 days:
- Monthly Interest Rate: 19% / 12 = 1.58%
- Monthly Interest: PHP20,000 * 1.58% = PHP316.67
- Total Monthly Payment: PHP20,000 / 3 + PHP316.67 = PHP6,983.33
- Total Interest: PHP20,000 * (19% / 360) * 91 days = PHP960.56
- Total Cost of Refund: PHP20,000 + PHP960.56 = PHP20,960.56
By understanding these costs upfront, you can make informed decisions regarding your loan and manage your finances effectively.
Requirements
To be eligible for a loan with Pesoloan, you need to meet the following requirements:
- Filipino Citizenship: Pesoloan caters exclusively to Filipino citizens, ensuring that they provide financial assistance to the local community.
- Age Criteria: Applicants must be between 18 and 60 years old to qualify for a loan. This age range ensures that individuals in various stages of their lives can access the financial support they need.
Application Process
Applying for a loan with Pesoloan is a straightforward and convenient process. Here’s a step-by-step guide:
- Download Pesoloan from Google Play and install it on your mobile phone.
- Fill out the simple application forms to initiate your loan request.
- Receive loan approval in a matter of seconds. Pesoloan’s efficient system ensures a prompt response to your application.
- Once your loan is approved, the funds will be released directly into your chosen account. Pesoloan values your time, and their quick disbursement process ensures that you have immediate access to the funds you need.
- After successfully repaying your loan, you become eligible for re-loans with higher amounts. Pesoloan rewards responsible borrowers by offering increased credit limits, enabling you to access more substantial financial support in the future.
Contact Pesoloan
If you have any questions or require assistance, Pesoloan’s dedicated customer support team is ready to help. Here are the contact details:
- Website: Visit https://www.pesoloan.ph to explore more about Pesoloan’s services and offerings.
- Hotline: You can reach Pesoloan’s customer service hotline at 0917 626 0130. Speak with a friendly representative who will address your concerns and provide guidance.
- Email: For any inquiries or support needs, send an email to [email protected]. Pesoloan’s responsive support team will promptly assist you.
- Address: If you prefer face-to-face interactions, you can visit Pesoloan’s office at 8F High Street South Corporate Plaza, BGC, Taguig City, Philippines. Their physical location ensures that you have the option to personally discuss your financial requirements.
Please note that Pesoloan offers multiple options for loan repayment. When availing a loan, you will be presented with various repayment options to choose from, allowing you to select the most suitable method for your convenience and financial stability.
Conclusion
Pesoloan is a trusted partner when it comes to quick cash loans in the Philippines. As a SEC registered company, they prioritize compliance and provide a digitized mobile platform to ensure a seamless lending experience.
With high credit limits, flexible repayment options, and fast application processes, Pesoloan stands out as a reliable financial service provider. Their instant loan app offers additional features such as convenient account management, free money transfers, and bill payment facilities.
By meeting the simple requirements and following the easy application process, you can access the financial assistance you need quickly and efficiently. Contact Pesoloan today and experience their professional and customer-centric approach to quick cash loans.
