Fast loan? Use Pesoloan!
Is Pesoloan legit?
Any financial company that wants to work in the Philippines is required by law to receive the appropriate permission. The SEC (Securities and Exchange Commission) is responsible for this. On the official website sec.gov.ph you can find lists of companies that have been tested and are trustworthy:
- LIST OF LENDING COMPANIES WITH CERTIFICATE OF AUTHORITY;
- LIST OF FINANCING COMPANIES WITH CERTIFICATE OF AUTHORITY.
We checked the company Pesoloan and found it in List of Financing Companies, here is its data:
|Financing Company Name||MASAGANANG BUHAY FINANCE PHILIPPINES CORPORATION|
|Certificate of Authority||1185|
We found the company Pesoloan in the list of registered organizations on the SEC website, which means that it works in the Philippines under the law, has passed all the necessary inspections of the supervisory authority and can be trusted!
|Min amount||Max amount||Min terms||Max terms|
|8000 PHP||10000 PHP||91||120|
2. Time to review
3. Other conditions
The company provides online loans for various amounts. Anyone interested can immediately calculate the returnable amount and interest rate for his loan. Secondary appeal opens up more benefits for a trustworthy customer.
Mobile application facilitates cooperation with the service – you can instantly send applications and monitor your loan in real time.
Benefits of the company
Loan can be obtained in the shortest possible time. There is no need to explain why the amount is needed – it may be a medical examination, study, purchase of things.
Online service is available 24/7. The decision to issue is processed no more than two days from the date of the request. The processing time depends on the workload of the service, and not on the requested amount.
Money is credited to the account immediately after confirmation of the request. The ability to use it depends on the bank in which the client is registered.
The interface is simple and accessible to anyone, even an inexperienced user.
There are no hidden fees or commissions – the whole system is transparent and available for calculation. Low interest rate is specified immediately upon request, where the client can accept the terms or refuse.
- Loan amount: ₱ 8,000.00 – ₱ 10,000.00.
- Loan term: 91 days (shortest, including renewal time) – 120 days (longest, including renewal time).
- Maximum APR: 20%.
- Transaction Fee: 0.
- Other fees: we will charge one time sign fee, service fee(per transaction). Minimum 10%, Maximum 20%.
If your loan amount is ₱ 10,000, APR is 20%,service fee is 10% and the term is 91 days. on the due date, the amount payable is ₱ 11,498.6 (10,000 * 20% / 365 * 91 + 10,000 + 10,000*10%).
If your loan amount is ₱ 10,000, APR is 20%,service fee is 20% and the term is 91 days. on the due date, the amount payable is ₱ 12,498.6 (10,000 * 20% / 365 * 91 + 10,000 + 10,000*20%).
How to use Pesoloan
Download the app! And complete the whole process online! No collaterals! Get loan quickly!
Pesoloan is an online loan service application. And you can borrow money from our platform without any collateral!
More convenient to borrow money!
It only takes 3 minutes to complete the loan application, and then your loan will be processed quickly. After your loan is processed, the funds will be transferred to you as soon as possible.
How can i get a loan
If you are a Filipino citizen and your age is more than 18 years old, you can apply here.
On the Pesoloan Philippines site, you head to www.pesoloan.ph, where you can create an account. With an account set up, you will have to upload valid identification like a driver’s license or passport, alongside a phone number. After this, you can apply for your first loan.
Just head over to the Play Store and search for Pesoloan app. Download it and register as you would online using an ID and a phone number.
Our loan amount range is from ₱ 2,000.00 to ₱ 10,000.00, and the actual loan amount can be adjusted according to your demands.
Your first Pesoloan online loan is usually between Php 1000-2000.
How much interest does Pesoloan Philippines charge on my loan?
Pesoloan online charges interest rate is 20% on every loan.
More flexible to loan and payment
You can choose loan term and loan amount in Pesoloan.
Is it possible to extend the duration of my loan?
The way to get a deadline extension is to pay off the interest of the remaining days of your loan, using your credit or debit card. It is also possible to use a bank transfer.
How long does it take for my loan to be approved and balance shown on my account?
It is possible to get your loan as soon as one business day, but it can take two business days depending on the type of payment you selected on your loan application.
What should I do if I do not receive the SMS code?
If the sms-code does not appear on your phone, you can make a request for another one.
I entered incorrect bank information, what should I do?
If you happen to enter the wrong bank information, Pesoloan online will verify the bank account and if it is wrong your loan will be voided enabling you to reapply with the correct information.
Can I refuse a loan that has been already confirmed?
It is not possible to refuse a loan that has already been confirmed and dispersed.
My loan application has been refused, what should I do?
In the event that you have been refused a loan, the only recourse you have is to reapply for the loan. You can do this if you believe that you are legally enabled to apply for a loan. You should also check that you did not make any late payments on any previous loans you applied for.
Can I get another loan from Pesoloan
You can get another loan, but that is determined by your paying up the balance on your first loan.
Help and Support in Pesoloan Philippines
If you happen to have any issues, it is possible to reach out to Pesoloan online using their dedicated phone line and email address.
Is it possible to pay off my loan using a bank card?
You simply head over to Pesoloan.ph and try to locate for the payment section, select bank card, enter your details and the amount you want to pay and that’s all.
Can I pay off my loan using cash?
Currently it isn’t possible to use cash to pay off your loan.
HOW IT WORKS
1. Fill in the form
2. Wait 20 minutes
3. Get money
- Address: Highstreet South Corporate Plaza Tower ,Taguig City, Philippines
- Phone: 09052461758
- Email: [email protected]
Written by Mikka Montero | Modified date: November 05, 2019