In the dynamic financial landscape of the Philippines, accessing instant cash through online loans ph has become a convenient and efficient solution for many Filipinos. This article will delve into the details of the top online loan providers, their offerings, and the key factors to consider when seeking the best loan option.
The Top 10 Online Loan Providers in the Philippines
Robocash
Interest Rates: 0% – 11.9% per month
Loan Term: 1 – 6 months
Maximum Loan Amount: PHP 25,000
Special Feature: First loan for FREE!
Money Cat
Interest Rates: 0% – 11.9% per month
Loan Term: 1 month
Maximum Loan Amount: PHP 20,000
Special Feature: First loan for FREE!
AEON
Interest Rates: 2% per month
Loan Term: 6 – 24 months
Minimum Loan Amount: PHP 100,000
Processing Fee: PHP 1,000
Cashalo
Interest Rates: 10% per month
Loan Term: Up to 1.5 months
Maximum Loan Amount: PHP 10,000
Meloan
Interest Rates: 15% per month
Loan Term :1 month
Maximum Loan Amount: PHP 10,000
Cashwagon
Interest Rates: From 12% per month to 45% per month
Loan Term: Up to 6 months
Minimum Loan Amount: PHP 20,000
Easycash
Interest Rates: 24% per month
Loan Term: Up to 2 months
Maximum Loan Amount: PHP 20,000
Asteria
Interest Rates: 27% per month
Loan Term: Up to 3 months
Maximum Loan Amount: PHP 20,000
FundKo
Interest Rates: 10% – 35% per month
Loan Term: Up to 3 months
Maximum Loan Amount: PHP 10,000
CashCat
Interest Rates: 45% per month
Loan Term: Up to 1 month
Maximum Loan Amount: PHP 10,000
Banks Offering Online Loans
Unionbank of the Philippines
Rating: 4/5 (209 votes)
Loan Amount: From PHP 1,000 to PHP 5,000,000
Loan Term: 1 – 240 months
Interest Rate: 0.54% – 2.65% p.m.
Approval Time: Up to 1 day
Apply Now: [Link]
SecurityBank Online in the Philippines
Rating: 4/5 (473 votes)
Loan Amount: From PHP 10,000 to PHP 5,000,000
Loan Term: 1 – 240 months
Interest Rate: 0.5% – 3.13% p.m.
Approval Time: Up to 120 hours
Apply Now: [Link]
Cimb Bank
Rating: 4/5 (179 votes)
Loan Amount: From PHP 1,000 to PHP 1,000,000
Loan Term: 6 – 60 months
Interest Rate: 0.85% – 2.5% p.m.
Approval Time: Up to 10 minutes
Apply Now: [Link]
Cathay United Bank
Rating: 4/5 (116 votes)
Loan Amount: From PHP 2,000 to PHP 200,000
Loan Term: 1 – 60 months
Interest Rate: 0.16% – 1.62% p.m.
Approval Time: Up to 5 days
Apply Now: [Link]
Globewest Finance
Rating: 3/5 (118 votes)
Loan Amount:* From PHP 5,000 to PHP 1,000,000
Loan Term: 3 – 18 months
Interest Rate: 2% – 5% p.m.
Approval Time: Up to 24 hours
Apply Now: [Link]
Online Payday Loans
AEON Credit
Rating: 5/5 (218 votes)
Loan Amount: From PHP 2,000 to PHP 150,000
Loan Term: 6 – 24 months
Interest Rate: 2.5% – 5.75% p.m.
Approval Time: Up to 3 days
Apply Now: [Link]
Cashalo Loan Application
Rating: 4/5 (432 votes)
Loan Amount: From PHP 500 to PHP 15,000
Loan Term: 1 – 240 days
Interest Rate: 3% – 25% p.m.
Approval Time: Up to 24 hours
Apply Now: [Link]
Asialink Finance Corporation
Rating: 5/5 (298 votes)
Loan Amount: From PHP 1,000 to PHP 500,000
Loan Term: 1 – 36 months
Interest Rate: 1.5% – 4% p.m.
Approval Time: Up to 24 hours
Apply Now: [Link]
24 Pera
Rating: 3/5 (394 votes)
Loan Amount: From PHP 1,000 to PHP 100,000
Loan Term: 2 – 12 months
Interest Rate: 46% – % p.m.
Approval Time: Up to 2 hours
Apply Now: [Link]
CashCat
Rating: 4/5 (237 votes)
Loan Amount: From PHP 1,000 to PHP 10,000
Loan Term: 7 – 365 days
Interest Rate: 45% – 90% p.m.
Approval Time: Up to 60 minutes
Apply Now: [Link]
MoneyCat Philippines
Rating: 5/5 (166 votes)
Loan Amount: From PHP 500 to PHP 20,000
Loan Term: 3 – 6 months
Interest Rate: 11.9% – 39% p.m.
Approval Time: Up to 24 minutes
Apply Now: [Link]
Blend PH in Philippines
Rating: 4/5 (362 votes)
Loan Amount: From PHP 1,000 to PHP 50,000
Loan Term: 3 – 12 months
Interest Rate: 5.5% – 17% p.m.
Approval Time: Up to 48 hours
Apply Now: [Link]
Personal Loan Providers in the Philippines
UpLoan
Rating: 5/5 (107 votes)
Loan Amount: From PHP 5,000 to PHP 30,000
Interest Rate: 1% per day
Approval Time: Up to 24 hours
Apply Now: [Link]
First Circle
Rating: 5/5 (126 votes)
Loan Amount: From PHP 20,000 to PHP 5,000,000
Loan Term: 3 – 12 months
Interest Rate: 1.99% – 3.49% p.m.
Approval Time: Up to 3 days
Apply Now: [Link]
Asteria Personal Loan
Rating: 4/5 (216 votes)
Loan Amount: From PHP 1,000 to PHP 20,000
Loan Term: 1 – 12 months
Interest Rate: 3.5 unchanged
Approval Time: Up to 1 day
Apply Now: [Link]
Loan Ranger
Rating: 4/5 (194 votes)
Loan Amount: From PHP 3,000 to PHP 10,000
Loan Term: 10 – 30 days
Interest Rate: 3.5 unchanged
Approval Time: Up to 24 hours
Apply Now: [Link]
GCredit
Rating: 4/5 (147 votes)
Loan Amount: From PHP 3,000 to PHP 30,000
Loan Term: 5 – 15 days
Interest Rate: 4.5 unchanged
Approval Time: Up to 1 day
Apply Now: [Link]
How to Choose the Right Online Loan
1. Interest Rates and Fees: Compare the interest rates and fees charged by different lenders. Look for transparent pricing structures to avoid hidden costs.
2. Loan Amount and Terms: Assess your financial needs and choose a lender that offers the loan amount and repayment terms that align with your requirements.
3. Customer Reviews and Ratings: Read reviews and ratings from other borrowers to gauge the reputation and customer service of the lender.
4. Approval Time: Consider the urgency of your financial needs. Some lenders offer quick approval, while others may take longer.
5. Security and Privacy: Ensure that the online platform is secure, and your personal information is handled with the utmost confidentiality.
6. Repayment Flexibility: Look for lenders that offer flexible repayment options to accommodate any changes in your financial situation.
7. Regulatory Compliance: Verify that the online lender is duly registered and complies with the regulations set by the Bangko Sentral ng Pilipinas (BSP).
Conclusion:
Navigating the online loans ph requires careful consideration of various factors to make an informed decision.
Whether you opt for payday loans, personal loans, or loans from traditional banks, being well-informed is key to a positive borrowing experience. Always prioritize lenders with a good reputation, transparent terms, and a commitment to customer satisfaction.
Author Maria Torres from Upfinance.
You can get a loan here: https://upfinance.com/company/juanhand
