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.