Loan terms and conditions
- Age from 18
Loan parameters
| Min amount | Max amount | Min terms | Max terms | Rate |
|---|---|---|---|---|
| 8000 PHP PHP | 10000 PHP PHP | 91 | 120 | 20 APR MAX per day |
- From application to receipt of money 3 minutes
Contacts
- Adress: Highstreet South Corporate Plaza Tower ,Taguig City, Philippines
- Phone: 09052461758
- Email: [email protected]
About PESOLOAN
Any financial company that wants to work in the Philippines is required by law to receive the appropriate permission. The SEC (Securities and Exchange Commission) is responsible for this. On the official website sec.gov.ph you can find lists of companies that have been tested and are trustworthy:
- LIST OF LENDING COMPANIES WITH CERTIFICATE OF AUTHORITY;
- LIST OF FINANCING COMPANIES WITH CERTIFICATE OF AUTHORITY.
We DID NOT find the company Robocash in the list of registered organizations on the SEC website, if you decide to contact them for services, carefully check all documents, it may not be safe!
Product introduction
Loan amount: ₱ 8,000.00 – ₱ 10,000.00
Loan term: 91 days (shortest, including renewal time) – 120 days (longest, including renewal time)
Maximum APR: 20%
Transaction Fee: 0
Other fees: we will charge one time sign fee, service fee(per transaction). Minimum 10%, Maximum 20%
Interest calculation
If your loan amount is ₱ 10,000, APR is 20%,service fee is 10% and the term is 91 days. on the due date, the amount payable is ₱ 11,498.6 (10,000 * 20% / 365 * 91 + 10,000 + 10,000*10%).
If your loan amount is ₱ 10,000, APR is 20%,service fee is 20% and the term is 91 days. on the due date, the amount payable is ₱ 12,498.6 (10,000 * 20% / 365 * 91 + 10,000 + 10,000*20%).
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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 |
Pesoloan – a mobile application that runs in the Philippines and provides an easy, quick way to draw up a loan. On the site, anyone can apply for a loan and get it in any convenient way.
It’s easy enough to use the service. You need to download the app. This procedure takes a minimum of time, even an inexperienced user can handle it. After this, you need to select the amount, loan term. Then the loan application is filled out. Making a decision on the application takes a few minutes. Then the borrower receives a notification on the application. Upon approval, the amount is transferred to a bank card or other convenient method.
The company issues fast sums to citizens of the Philippines. The loan amount may vary depending on the wishes of the customer. Pesoloan protects the privacy of its customers, so there are no cases of third-party information transfer without the consent of the borrower.
Benefits of fast loans
- Receiving money within a few minutes after applying.
- Using a special program speeds up the verification of customer data.
- The availability of services. Residents from all over the Philippines have the opportunity to obtain a loan. Express money is given even to people with bad credit history, the offer can be used by pensioners, unemployed. That is, all persons who are adults and have access to the Internet.
- Non-targeted issuance of such loans allows the borrower to spend the money at his discretion, without reporting to the credit company about his expenses.
- Any kind of loan security is missing. That is, income certificates, guarantors or pledging of property are not required.
- The small size of the loan and the short-term use of it. Loans are issued for relatively small amounts and are issued for a period of several days to several months.
- Convenient ways to repay borrowed funds. This can be done in cash or by bank transfer.
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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Comment (1)
Obviously what is stated here is not in the actual loaning process. 91 days min terms to 120days max. Fraud. In their app, its only 14days max and the interest is so high. They don’t breach privacy unlike other apps but they’re auto generated messaging and calls are annoying.