Guide on Online Cash Loans in PH for Filipino Borrowers
ONLINE CASH LOANS IN PH – Here are loan offers that Filipinos may apply for to avail a financial solution anywhere you are in the country.
A lot of people can hardly leave their workplace to apply for a loan even amid dire financial needs. Doing so will only add up to the financial burden because of missing a day’s salary. Meanwhile, now, these individuals and everyone who want fast and easy loan approvals have several options — the online cash loans in PH.
There are several online lenders that have proven their legitimacy to the Filipinos. Their offers do not require the borrower to leave their home or workplace for the loan application. All the processes are digital and the requirements are usually minimal — valid IDs and proof of income. In fact, some lenders no longer require proof of income.
However, amid the countless loan offers online, it is important to choose only the legit and trusted ones already. There are online cash loans that already rose to prominence in PH and here are their features:
Online Cash Loans in PH
| Lenders | Minimum Loanable Amount | Maximum Loanable Amount | Interest Rate | Minimum Loan Term | Maximum Loan Term |
| SB Finance | ₱30,000 | ₱2 million | 1.2% to 3.5% | 2 months | 48 months |
| Online Loans Pilipinas | ₱1,000 | ₱7,000 for first-time borrowers, up to ₱30,000 for repeat borrowers | no interest for first-time borrowers | starts at 10 days | not mentioned |
| Home Credit | ₱3,000 | ₱150,000 | starts at 1.83% | 6 months | 60 months |
| Cash Mart | ₱3,000 | ₱30,000 | 0.0571% per day | 20.8415% per year | Weekly, Bi-Weekly, or Monthly | |
| ACOM | ₱3,500.00 | ₱500,000 | 4.988% | 6 months | 12 months |
| Blend PH | ₱10,000.00 | ₱3 million | 4.988% | 2 months | 12 months |
| Tala | ₱1,000.00 | ₱25,000 | 0.5% (daily flat fee) | not mentioned | 61 days |
| Radiowealth Finance | ₱10,000 | ₱3 Million | depends on the lender’s approval | 3 months | 36 months |
| JuanHand | ₱2,000.00 | ₱15,000 | 9% to 12% | not mentioned | 3 months |
| First Circle | ₱250,000 | ₱20 million | 0.99% to 2.49% | not mentioned | 12 months |
If you prefer a government agency, you may turn to the Social Security System for an SSS online loan application for its Salary Loan offer. However, make sure that you have posted a total of at least 36 monthly contributions already.