Done in just 6 minutes!

0% Interest Introductory

Loan Offer for New Customers

Quick Q&A to test your eligibility

Who is eligible to apply?

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

Benefits

• Enjoy smooth and easy transactions from the convenience of your home with our online service.
• Skip the hassle of going outside or visiting a physical office as our operations are conducted entirely online.
• Receive up to ₱10,000 directly into your bank account in just four minutes with our quick and efficient system.
• Say goodbye to the need for guarantors, complicated documentation, or large deposits with our straightforward process.
• Our fully automated service provides the perfect solution for all your financial needs.

Terms

An Instant Online Loan is a type of loan that can be applied for and managed completely online.

• You can choose to repay the loan in 3, 4, 5, or 6 months, depending on what works best for you.
  
• You can borrow any amount between ₱10,500 to ₱25,000 to suit your needs.
  
• The interest rate for the loan is 11.9% per month, which means that the maximum APR is 143%.
  

Representative example:

Suppose you apply for a loan of PHP 20,000 and decide to pay it off over 6 months, resulting in a monthly payment of PHP 5,000. However, it's important to keep in mind that the total cost of the loan will be PHP 2,383 per month, which includes an annual percentage rate (APR) of 143%. The APR represents the additional charges and interest that will be added to your loan over the course of a year.

Online Loans in the Philippines

Although conventional wisdom has long been to save money and avoid loans, many individuals today strive for financial security regardless of their background. Loans, on the other hand, can be a critical tool in improving one's financial situation when used wisely. A loan obtained for professional advancement or the acquisition of new skills, for example, can have long-term benefits.

Conversely, loans taken out for consumerist or leisure purposes can erode financial stability. The critical element is not whether or not loans exist but how they are employed. Utilizing loans prudently can lead to financial self-sufficiency, while imprudent loan usage can have disastrous financial consequences.

How do Instant Loans Work in the Philippines?

In remote regions of the Philippines, traditional banking services may not be easily accessible, causing a substantial portion of the population to lack regular banking options. As a result, individuals must often travel to more urbanized areas to visit banks and face long lines, high volumes of customers, and slow service due to extensive documentation requirements.

Securing an online loan is a straightforward and rapid process, necessitating only a valid identification and proof of income. To establish creditworthiness, upload the required documents onto the online platform, and you will receive a decision within a few minutes. As the Philippines has a high rate of internet penetration, online loans have become a popular option for urgent financial needs, providing convenience and speed without the inconvenience of traveling to distant banks and waiting in long queues.

Are Online Loans Legit?

Online lending has become a convenient way to get instant loans. However, it's important to be careful because not all online lending companies are legal. In the Philippines, online lending companies must register with the SEC and have a physical office to operate legally. Unfortunately, some illegal lenders operate solely online and prey on customers through unethical practices. It can be difficult to distinguish between legitimate and illegal lenders, which is why it's crucial to verify their details on the SEC website. For instance, Digido, one of our trusted partners, has a fully licensed status with SEC Registration No.: 202003056 and Certificate of Authority No. 1272. Take the time to do your research and make sure you're dealing with a reputable online lender to avoid any potential scams or fraud.

What are Online Loans?

Gaining financial independence is a lifelong journey that demands discipline and thoughtful planning. But, even with the best-laid plans, unexpected expenses can arise, which may require you to seek financial assistance from banks or other lending institutions. While banks offer lower interest rates and more flexible loan terms, navigating the loan process can be an intimidating and time-consuming experience. As a result, more and more people are turning to alternative lending options such as online loans or peer-to-peer lending. Online loans offer a hassle-free solution to individuals who need quick cash without leaving their homes or spending time shopping around for the best deal. With minimal documentation requirements, an automated decision-making process, and fast disbursal times, online loans are becoming the go-to option for borrowers seeking same-day loans.

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

1. Explore your loan options by comparing various lenders online, with the comfort of your home or office.
   
2. Get access to loans 24/7 with online lending, providing unmatched convenience for your financial needs.
   
3. The documentation process is simplified for online loans, with minimal requirements and no need for collateral or a guarantor.
   
4. An automated system evaluates your loan application, makes a decision and transfers funds fairly and efficiently.
   
5. Your financial information is kept confidential and secure, with no need to share with a banking professional.
   
6. Get your loan application processed and funds transferred in hours with Same Day Loans.
   
7. The approval rate for online loans is high, reaching an impressive 90% without cross-selling.
   
8. Manage your loan payments easily with online loan management tools, keeping track of payments and reducing stress.
   
9. Online loans can be used for any purpose, providing you with flexibility.
   

The popularity of online loans in the Philippines has surged due to their convenience and ease of access. These loans have become a go-to option for many Filipinos seeking financial help, as they require only a few documents and have a high approval rate, even for people with poor credit. Plus, the quick release of funds is an added benefit that makes them even more attractive.

How to Take an Instant Loan Correctly and Profitably?

The ease of obtaining fast funds through online loans may be tempting, but some people may make the mistake of relying on them for all their financial needs without careful planning. This can lead to financial problems and a cycle of debt that is difficult to break.

Below are the crucial points in securing the right loan:

1. Avoid applying for loans from multiple lenders at the same time. Each credit check can lower your credit score, so it's best to limit them.
2. Take your time to compare different lenders and find the best loan option that suits your needs.
3. Always be truthful when applying for loans. Providing false information about your financial history can hurt your credit score and reduce your chances of getting better loans in the future.
4. Carefully review and understand all loan documents and terms before making any final decisions. It's important to know what you're getting into before accepting any loan offers.
5. Plan ahead and create a solid repayment plan to avoid missing or late payments. Late or missed payments can damage your credit score and make it harder to obtain favorable loans in the future.
   

Conclusion

Loans can work both ways, like a sword with two sharp edges. One edge provides you with a financial lift to help you achieve your dreams. But the other edge can cause trouble if used carelessly or taken out without proper consideration, leading you into a debt trap. To make loans work in your favor, you must have a clear idea of your financial standing and a well-devised plan. By thoughtfully analyzing your requirements and making smart choices, loans can serve as a useful asset on your road to economic independence.

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.

APR Disclosure: When choosing a loan, it's important to consider the Annual Percentage Rate, or APR. The APR is the interest you'll pay over the life of the loan and is based on factors like the loan amount, fees, and repayment schedule. Different loans and lenders have varying APRs, with cash advances having the highest rates (up to 1386%) and personal loans having a range from 4.99% to 450%. Always review the loan terms and APR before signing an agreement as lenders must disclose this information. Note that APRs can change and may fluctuate over time.

Material Disclosure: This website is not a lender, but we can help you find one. We connect potential borrowers with participating 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. Keep in mind that not all lenders can provide these loan amounts and there is no guarantee that you will be accepted by any participating lender. We don't endorse or charge for any services or products, and any compensation we receive is solely for advertising services provided by participating lenders. Our service is void where prohibited. We can't control the actions of any lender and we're not responsible for them. We don't have access to the full details of your loan, including the APR. For more information on your loan, please contact your lender directly. By submitting your registration information on our website, it may be shared with one or more participating lenders. Using our service doesn't require 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 lenders may require faxing. These disclosures are provided for informational purposes only and should not be considered as legal advice.

Credit Implications: The company operating this website is not a lender and does not approve loans. Our website connects you with multiple participating lenders who may review your creditworthiness and credit history by using credit reporting agencies or alternative providers. By submitting your information, you agree to the lenders' checks on your credit history. The loans offered by the participating lenders are intended to provide you with short-term financial assistance, and they are not a long-term debt solution. It is crucial to borrow only what you can repay on your next payday. You should seek financial advice and explore alternative options to short-term loans. Late loan payments may result in added fees or collection actions, or both. Every lender has its own terms and conditions, so you should review them carefully before agreeing to any loan. Failure to repay a loan may lead to collection activities. Additionally, each lender has its own renewal policy, so it is important to review the policy of your lender before proceeding.