20.000 Loan

20.000 Loan

Where it is better to take a loan of 20000 pesos 

There are two options for obtaining a personal loan for residents of the Philippines: an instant online loan and traditional banks. Online structures issue money without difficult conditions of receipt, but at a high interest. Traditional banks pay more attention to credit history, collateral and employment. 

Loan online

Credit institutions in the Philippines issue personal loans to those in need of financial support. These loans fit different needs and financial possibilities. Let’s consider the types of personal loans in the Philippines.

The advantage of online loans is the fast speed of application consideration. You can fill out the form on the site and get a loan in 5-10 minutes. Only a passport and a bank account are required from the documents. Such loans are taken in small amounts: from 2 000 to 100 000 PHP.


When you receive a fast online loan, carefully read all the conditions prescribed in the contract. You need to find out the exact full amount of the return with all interests and know what you face for not paying the loan on time or for early payment.

In order to choose a credit organization and conditions that suit you personally, use our online aggregators, where all information from credit organizations is collected.

Traditional banks

20.000 Loan

Traditional banks provide two types of loans: secured and unsecured.

Secured loan – a collateral is left, which the bank can take in case of non-fulfillment of conditions. As collateral can serve as an apartment or car. Such loans are less dangerous for the bank, so the money is issued on more favorable terms: you can take a larger amount at a lower interest rate. The approval of such an application is faster and on more gentle conditions.

Unsecured loans are usually issued at a higher interest rate and the conditions for obtaining it are stricter. The bank pays attention to your credit history, employment, income level.

Compare personal loans of 20 000 pesos

 The table shows the most popular options for granting loans by banks, it visually shows the conditions: loan size, monthly interest rate, full cost and term.

 name of the organization loan amount monthly interest rate full amount term


from 10 000 Php to 1 million Php 1,30% (for 6 months) or 1,25% (for other terms) from 25,98% to 26,76% 6, 12, 18, 24, 36 months
BPI  from 20 000 Php to 1 million Php 1,20% from 25,03% to 25,74% 12, 18, 24, 30, 36 months
China Bank Savings Easi-Funds  from 20 000 Php to 1 million Php 1,55% to 1,95% from 32,73% to 37,24% 12, 18, 24, 36, 48 months
PSBank from 20 000 Php to 250 000 Php 1,75% (fixed term) 2,5% (renewable) 24, 36 months
Robinsons Bank  from 5 000 Php to 250 000 Php depending on the terms of approval depending on the terms of approval 6, 9, 12, 18, 24, 36 months


interest rate
for per day
PHP 20000 - 500000
from 365 to 1080 days
(3,5/5) 196 voice
Personal Loan Made Easy


Personal Loan Made Easy

interest rate
for 0,04% per day
PHP 20000 - 2000000
from 90 to 1800 days
(4,2/5) 159 voice
interest rate
for per day
PHP 25000 - 240000
from 30 to 1080 days
(4,3/5) 78 voice
Receiving money in any way 24/7!

Robocash PH

Receiving money in any way 24/7!

interest rate
for 0 % per day
PHP 1000 - 10000
from 7 to 180 days
(4.98/5) 2509 voice
Probability of approval is 95%!
24 pera

24 pera

Probability of approval is 95%!

interest rate
for 1,28% per day
PHP 1000 - 100000
from 61 to 365 days
(4,78/5) 607 voice
Round-the-clock loans in the Philippines
Loan Load

Loan Load

Round-the-clock loans in the Philippines

interest rate
for 2,3% per day
PHP 5000 - 50000
from 61 to 365 days
(4.83/5) 588 voice
The most convenient loan!
Cash Mart

Cash Mart

The most convenient loan!

interest rate
for 0,8% - 3,5% per day
PHP 5000 - 30000
from 7 to 30 days
(4.33/5) 489 voice
Guaranteed loan for a card!


Guaranteed loan for a card!

interest rate
for 1% per day
PHP 2000 - 30000
from 7 to 30 days
(3.78/5) 276 voice

What to look for when comparing?

Choosing a loan offer, analyze your situation: 

  • is it possible to leave the collateral (secured/unsecured);
  • how quickly you need to get a loan (online loan / traditional bank);
  • whether there is citizenship of the Philippines, employment, a good credit history (online loan / traditional bank);
  • the amount of payment per month (the loan term depends on it).

 Always read the contract carefully and find out all the details. Especially when it comes to instant online loans. For violation of the terms of the contract, for example, non-payment on time or early repayment, a penalty can be imposed: from 5% to 8% of the loan amount.

If you are dealing with an online loan, check the organization, how reliable it is, whether there are reviews, what a reputation. When working with such organizations, there may be trouble, for example, all your data will go online or the terms of the loan will change after loan processing.

Requirements and conditions

 The main list of requirements is universal for all banks: 20.000 Loan

  • age from 21 to 70 years;
  • Philippine citizenship;
  • employment (from one year) or entrepreneurial activity (from three years);
  • bank account;
  • good credit history.

Each bank adds its own conditions to the main ones. They are written in the contract or on the bank website.

How to increase your chances for approval?

 There is no universal way to increase your chances of approving a loan. However, all banks think the same way – they need to get the money back. Therefore, your main task is to convince the bank that you will be able to return the money in time. There are some simple tips on how to do this.

  • check your accounts: maybe you have an open account or unpaid interest on another loan;
  • redistribute your income – you can add additional sources to your total income, for example, a part-time job (you need to formalize it and submit documents to the bank);
  • don’t ask too much: your loan should be commensurate with your income;
  • find a reliable guarantor
  • choose a credit organization: usually organizations openly announce the conditions that are necessary for obtaining a loan

 Personal loans for small amounts do not require compliance with serious conditions. It is enough to be suitable on the basic parameters. Many banks issue loans even if you do not have a credit history. This will affect the interest rate and amount, but with each next time the conditions will be more profitable.

Ways of repayment

20.000 LoanTo get the maximum benefit from the loan, you need to return it in time. The best way to return is how it is prescribed in your contract. Make equal payments that will cover your loan by the due date.

But sometimes unexpected things happen. Loss of work, a member of your family became seriously ill or other unforeseen circumstances occurred. How to cope with this situation?

Make additional payments. Pay more than monthly depreciation to repay faster.

Refinance the loan. If your monthly payments take up a large part of your budget, consider switching to a new loan with another lender who offers better terms: a lower interest rate and lower monthly payments.

Banks, such as BPI and Security Bank, and private lenders in the Philippines, offer refinancing to help pay off the debts. But before you use one of them, analyze the benefits of refinancing and the conditions to see if this is the best way to get out of debt, taking into account your situation.

Call the bank to explain why you cannot repay your loan with its current structure. Also ask if it agrees to change your loan so you can afford to repay it.

Online calculator 

 To select a loan offer, you can use the online calculator. Many banks offer this option. To calculate the loan, enter the parameters that are precisely known: the amount, maturity, interest rate, conditions. And the calculator will calculate the remaining parameters. You can find out all the details.

There is no bad or good loan. Each of them is suitable for its situation and depends on the conditions in which you are. A careful approach to the selection and analysis of the situation will provide the greatest benefit from personal lending. 




With the help of our website, you can choose for yourself a more suitable loan with the least interest and a higher guarantee of approvals.

Because the rest of the site represent individual companies and services, and our site has collected all the information about other company and sorted it for you, so we are called to save your time

Our site is purely information services and when choosing a suitable for you credit company you go to the official site, we do not issue loans, and show you where you can take them.

You should know that we have three separate bases of credit companies separately MFIs, separate banks and P2P. This is done if you want to narrow down your search or look for a separate service.

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