optin

Who is eligible to apply?

21-70 years old
Employed individuals and selected professionals
Filipino Residents

Benefits

Enjoy hassle-free transactions with ease and convenience, all from the comfort of your own home.
Avoid the need to travel or visit physical locations, as our online platform makes it possible to handle all operations remotely.
With our speedy and efficient system, you can receive up to ₱ 10 000 within just four minutes, directly into your bank account.
Say goodbye to the need for guarantors, complex documentation, or massive deposits with our straightforward and user-friendly service.
Our fully automated process provides the perfect solution for all your financial requirements.

Terms

Get access to an Instant Online Loan, which is a flexible installment credit option that can be conveniently applied for online.

Enjoy comfortable payment terms that allow you to repay the loan over a period of 3, 4, 5, or 6 months.
Borrow an amount ranging from ₱ 10,500 to ₱ 25,000, depending on your financial requirements.
Benefit from competitive interest rates of 11.9% per month, which result in a maximum APR of 143% over the loan period.

Representative example:

Suppose you decide to apply for a loan amounting to PHP 20,000 and opt for a repayment period of 6 months. In this scenario, you will only need to pay PHP 5,000 per month, and the total cost of the loan will amount to PHP 2,383 per month, which translates to an APR of 143%.

Online Loans in the Philippines

Although the conventional wisdom of reducing expenses and abstaining from borrowing money has been around for ages, achieving financial stability remains a top priority for people from all walks of life. While loans have traditionally been viewed as a negative financial tool, they can actually play a crucial role in improving one's financial standing when used wisely.

For instance, securing a loan for career development or to acquire new skills can bring about long-term advantages. On the other hand, utilizing loans for consumerist or leisure pursuits can have a detrimental effect on one's financial stability. It is not the existence of loans, but rather the way they are employed, that matters most. Making smart decisions when it comes to taking out loans can pave the way to financial independence, while reckless borrowing can lead to financial ruin.

How do Instant Loans Work in the Philippines?

Accessing formal banking services can be a challenge for residents of rural areas in the Philippines, leaving many without traditional banking options. This presents a dilemma, as some may have to travel to more populated cities only to endure crowded banks and slow service due to high customer volume and lengthy documentation processes.

Conversely, acquiring an online loan is a simple and fast process, requiring only a valid ID and proof of income. All that is needed is to create an account on an online portal, submit the necessary documentation to establish creditworthiness, and receive a decision within minutes. With a high rate of Internet penetration in the Philippines, online loans have emerged as a favored option for those with pressing financial needs. They offer convenience and speed without the hassle of traveling long distances to banks and enduring long wait times.

Are Online Loans Legit?

Being cautious is crucial when dealing with online lending companies, as not all of them operate legally. To operate legally, online lending companies must register with the SEC and maintain a physical office in the Philippines. Nevertheless, some illegitimate lenders function exclusively online and deceive customers through unethical means. Distinguishing between lawful and unlawful lenders while seeking instant loans online can be daunting. To ensure that you're collaborating with a legitimate lender, verify their details on the SEC website. One of our partners, Digido, is a fully licensed company with SEC Registration No.: 202003056 and Certificate of Authority No. 1272. It's always advisable to conduct thorough research and guarantee that you're working with a reputable online lender.

What are Online Loans?

Gaining financial independence necessitates meticulous planning and discipline, but unexpected expenditures can undermine even the most well-thought-out financial strategies. In such situations, loans from banks, friends, family, or lenders may be necessary. Although banks offer loans with low interest rates and flexible repayment terms, the process of obtaining a bank loan can be daunting and riddled with obstacles. This is why many people seek alternative options like lender loans or online loans. Online loans are a convenient and accessible solution for those in urgent need of cash without the inconvenience of leaving their homes or searching for the best deals.

Online loans give a slew of irresistible features for a prospective borrower:

Online lending enables easy comparison of loan options from various lenders from the comfort of your home or office.
The convenience of online lending is unmatched, as lenders operate 24/7, providing the flexibility to obtain a loan at any time.
The documentation process for online loans is straightforward, requiring minimal requirements, and no collateral or guarantor needed.
Loan evaluation, decision-making, and fund transfer are handled automatically by an efficient system.
Your sensitive financial information remains private, and there is no need to disclose it to a banking expert.
Online loan applications and disbursement can be completed within hours, earning them the nickname "Same Day Loans."
The approval rate for online loans is impressive at 90%, and there's no cross-selling, unlike some banks.
Online loans offer flexible options for borrowers and can be used to finance various needs or expenses.
It's easy to stay on top of your loan payments with the help of online loan management tools.

The popularity of online loans in the Philippines has skyrocketed due to their convenient and accessible nature. These loans have become a preferred choice for Filipinos seeking financial assistance because of their easy documentation requirements and high approval rates, even for those with less-than-perfect credit histories. The quick disbursal of funds is another significant advantage that adds to their appeal.

How to Take an Instant Loan Correctly and Profitably?

The prospect of securing quick funds through an effortless online loan process can be alluring, leading some individuals to turn to these loans for every financial requirement without proper consideration. This approach can cause financial disarray and eventually result in a spiral of debt.

Below are the crucial points in securing the right loan:

Always be truthful when applying for loans. Providing false information about your financial history can result in a hard credit check and negatively impact your credit score, making it harder to secure favorable loans in the future.
Avoid applying for loans from multiple lenders at once, as each credit check can lower your score. Limit your applications to those that you truly need.
Take your time to compare loan options from different lenders before making a decision. This can help you find the best loan with favorable terms and interest rates.
Have a solid plan in place to repay the loan in full and on time. Late or missed payments can harm your credit score and make it more difficult to secure loans in the future.
Thoroughly review and understand all loan documents and terms before making any final decisions. This can help you avoid any hidden fees or unexpected charges.

Conclusion

Loans can be a powerful tool in achieving your financial goals, but it's essential to approach them with caution. While loans can provide a much-needed boost, they can also lead to a cycle of debt if not used responsibly. To maximize the benefits of loans, it's crucial to have a clear understanding of your financial situation and create a well-thought-out plan. With careful consideration and wise decisions, loans can be a valuable asset in your journey towards financial freedom.

Our Partners:

Kviku Lending Co. INC.

18A Trafalgar Plaza, 105 H.V. Dela Costa Street, Salcedo Village Makati City, the Philippines SEC Registration No. CS201918702.
Certificate of Authority No. 3169
NPC Registration No. PIC-001-791-2021

DIGIDO FINANCE CORP.

SEC Registration No. 202003056. Certificate of Authority No. 1272

Representative example:
You apply for PHP 20,000 and choose repayment over 6 months, your monthly payment will be only PHP 5,000 per month, your total cost of the loan will be PHP 2,383 per month (APR = 143%)

MoneyCat Financing Inc.

Address: Unit 1701 Tycoon bldg Pearl Drive st. Brgy San Antonio Ortigas Center Pasig City, ph 1800. Certificate of Authority To Operate Number: 1254 granted by the Securities & Exchange Commission

Fill out an online loans registration form and you can get up to 20,000 PHP on your account. MoneyCat Financing Inc. gives you an opportunity to take loans from reliable credit partners. To get a loan you need to provide: any document, phone number and bank account in your name.

Cashspace.ph

is a brand of the company Fininity Ltd (registration number: 14523902, address: Tartu Street 84a, Tallinn, 10112, EE.)

This site is not a financial institution, bank, or lender. This site finds loans for customers, acting as an intermediary between a client who is looking to take a loan and a licensed financial institution. It is not responsible for any loan agreement. This website does not charge a service fee, nor is it responsible for the actions, inactions, or interest rates of any lender. You are never under any obligation to use the service, initiate contact, or request credit with any lenders this site connects you to.

Crezu.ph

is a brand of the company Fininity Ltd (registration number: 14523902, address: Tartu Street 84a, Tallinn, 10112, EE.)

This site is not a financial institution, bank, or lender. This site finds loans for customers, acting as an intermediary between a client who is looking to take a loan and a licensed financial institution. It is not responsible for any loan agreement. This website does not charge a service fee, nor is it responsible for the actions, inactions, or interest rates of any lender. You are never under any obligation to use the service, initiate contact, or request credit with any lenders this site connects you to.

Material disclosure

APR Disclosure: When applying for a loan, understanding the Annual Percentage Rate (APR) is essential. The APR reflects the amount of interest you will be charged over the life of the loan and considers factors such as fees, repayment schedule, and the loan amount. APRs vary greatly among lenders and loan types, ranging from 4.99% to 450% for personal loans and up to 1386% for cash advances. It is critical to carefully review the APR and all other loan terms before signing a loan agreement, as lenders are legally obligated to disclose this information. Keep in mind that APR rates can change over time, and monitoring them regularly is important to ensure you are getting the best possible loan for your financial situation.

Material Disclosure: Our website does not act as a lender, broker or representative of any lending institution. Rather, we operate as an advertising platform connecting potential borrowers with qualified lenders who offer loans ranging from ₱10,000 to ₱25,000 for cash advances, up to ₱100,000 for installment loans, and up to ₱500,000 for personal loans. Please note that not all lenders offer these loan amounts, and loan acceptance is not guaranteed. Our service does not promote or request any illegal loan products. We do not offer specific loan terms and conditions, and there is no obligation to borrow. Our platform does not charge for any service or product, and any compensation received is solely for advertising services provided by participating lenders. Our service is not available in prohibited areas. We have no control over the actions of lenders, and we cannot be held responsible for their actions. We do not have access to the full details of your loan, including the APR. For more information on your loan, including specific loan terms, interest rates, renewal options, payment details, and potential consequences for missed payments, please contact your lender directly. By submitting your registration information on this website, it may be shared with one or more participating lenders. Using our service does not obligate you to initiate contact with a lender, register for credit or any loan product, or accept a loan from a participating lender. Repayment terms, cash transfer times, and local regulations may vary among lenders. Some faxing may be required. These disclosures are provided for informational purposes only and should not be considered as legal advice.

Credit Implications: TOur website does not make any lending decisions; instead, we work with independent participating lenders who may assess your creditworthiness and credit history by conducting checks with credit reporting agencies or obtaining consumer reports through alternative providers. By submitting your information, you give consent to these participating lenders to verify your details and credit history. Please note that the loans offered by the participating lenders are intended to provide short-term cash relief and should not be used as a long-term debt solution. It is essential to borrow only what you can repay on your next payday. We recommend seeking expert financial advice for your needs, risks involved, and alternative options to short-term loans. Late loan payments could result in added fees or collection actions, or both, depending on each lender's policies. Therefore, it is crucial to review the terms and conditions of each lender before proceeding with a loan. Keep in mind that every lender has a unique renewal policy, so make sure to review your lender's policy before accepting a loan.