Loan terms and conditions
- Age from 20-60
- One valid government ID. Your mobile number and an active social media account (e.g. Facebook, Twitter, or Instagram). At least one month payslip or Certificate of Employment. ITR or Business Permit for self-employed individuals.
Loan parameters
| Min amount | Max amount | Min terms | Max terms | Rate |
|---|---|---|---|---|
| 3000 PHP | 20000 PHP | 5 | 30 | 1% per day |
Contacts
- Adress: Unit 1106, 88 Corporate Center, 141 Valero St. cor. Sedeño St., Makati, Philippines
- Phone: +632.821.9618
- Email: [email protected]
About LoanChamp
LoanChamp – is a division of the company YFinance Inc., which was established at the end of 2017. LoanChamp is a credit online platform intended to lend to Filipinos. The services of this microfinance company are an alternative to bank lending, which is available not to all Filipinos. Unlike banking services, LoanChamp does not have strict requirements to borrowers, provides fast processing of an application and boasts a wide range of credit products. Thanks to the services of this organization, citizens of the Philippines can count on a significant improvement in the quality of life.
The advantages
One of the main advantages of this company is the speed of work. LoanChamp specialists value the time of customers, and therefore they carry out processing of applications and issuing loans within 1-2 hours. Another advantage of this organization is also simplified credit conditions. In order to receive a loan, a potential borrower must comply with the following parameters:
- the age – from 20 years old;
- the presence of passport of a Philippine citizen;
- availability of a mobile phone and an active account in one of the social networks;
- certificate of employment.
Another advantage of LoanChamp is the possibility to fill out an application for a loan online. To do this, it’s enough to fill out an online application form on the website of this organization and download all the necessary documents.
Types of services
This financial company is engaged in short-term cash lending. A feature of LoanChamp services is a flexible lending schedule. Clients of the company can independently choose the maturity of loans. But the maximum term for issuing a loan is 30 days. Borrowers have the opportunity to repay the debt in advance. Thanks to this, they will save on expenses and increase their credit rating.
 |
 |
 |
1. AgeAge from 22 to 60 years old |
2. Time to reviewFrom application to receipt of money 1 working day |
3. Other conditionsCurrently employed or with a steady income |
Example of calculating interest and loan payments
| TERM | 10 days | 20 days | 30 days |
|---|---|---|---|
| LOAN AMOUNT | 10000 PHP | 10000 PHP | 10000 PHP |
| FEE | 0% | 0% | 0% |
| INTEREST AMOUNT | 0 PHP | 0 PHP | 0 PHP |
| TOTAL REPAYMENT | 10000 PHP | 10000 PHP | 10000 PHP |
Reviews
Banks do not deal with borrowers who do not fulfill their obligations. The alternative is online credit services that are more loyal and impose less stringent requirements. My choice fell on just such companies on the website, I filtered out for appropriate conditions and made a request.
Enjoyed the company robocash, when urgently needed money for the funeral. Appealed to many companies, but everywhere was either horse interest or wild conditions, but in this company I was satisfied. Thank you for helping in this situationa
I have my own small auto repair shop and I wanted to expand the staff, but I needed a small additional amount in order to purchase equipment and pay salaries to employees. The search engine I entered loan online, and came to the site 5starsloan, here I have found a company to fit my conditions.
I'm at University and it's time for me to pay for the hostel, but my father's salary was delayed and he offered me to take a quick loan. Here on the website 5starsloans in the catalog, I filtered out companies in the long-term criteria and leave the application. Within 2 hours, I had already received the money.
For the wedding of my granddaughter I needed a gift, and the pension is small, so I made an online loan and since I have 40 years of experience, the approval of the application was within 10 minutes, and after a couple of hours I was already going to buy a gift. That's what I understand service.
FAQ
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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(1 votes, average: 5.00 out of 5)
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