Loanapps.ph

Online loan application

Finbro.ph logo
First: 0% 15 000 ₱ Max sum: 50 000 ₱ Age: from 20 to 70
Moneycat.ph logo
First: 0% 20 000 ₱ Max sum: 20 000 ₱ Age: from 22 to 75
Cashexpress.ph logo
First: 0% 10 000 ₱ Max sum: 20 000 ₱ Age: from 21 to 70
Soscredit.ph logo
First: 0% 10 000 ₱ Max sum: 25 000 ₱ Age: from 20 to 70

Information about lenders

Finbro.ph - SOFI LENDING INC. Address: Unit 1405, East Tower, Philippine Stock Exchange Center, Exchange Road Ortigas, Pasig City. Phone number: 0962 409 2454. Email: info@finbro.ph. Max APR: 180%. Term: 62 days - 1 year Cost example: Loan of 1000 ₱ for 12 months, monthly payment 95.83 ₱, total amount 1150 ₱, annual percentage rate APR 180%. Moneycat.ph - MONEYCAT FINANCING INC. Address: Unit 1708 Tektite East Tower, Exchange Road, Ortigas Center, Pasig City 1605. Phone number: 0917 152 7089, 0917 152 6738. Email: support@moneycat.ph. Max APR: 145%. Term: 3 months - 6 months Cost example: Loan of 2400 ₱ for 3 months, monthly payment 870 ₱, total amount 2610 ₱, annual percentage rate APR 145%. Cashexpress.ph - CASH-EXPRESS PHILIPPINES FINANCING INC. Address: Level 10-1 One Global Place 25th Street Cor. 5th Avenue, Fort Bonifacio, Taguig City. Phone number: 6327 902 7390. Email: info@cash-express.ph. Max APR: 72.635%. Term: 62 days - 3 months Cost example: Loan of 1000 ₱ for 3 months, monthly payment 905.63 ₱, total amount 2716.9 ₱, annual percentage rate APR 72.635%. Soscredit.ph - SOSCREDIT Address: Philippines. Phone number: -. Email: info@soscredit.ph. Max APR: 180%. Term: 3 months - 1 year Cost example: Loan of 2400 ₱ for 3 months, monthly payment 870 ₱, total amount 2610 ₱, annual percentage rate APR 145%.

Simple loan application

Loanapps aims to support potential borrowers with suitable and affordable loans. Loanapps.ph allows you to easily and quickly borrow money from reputable places with good and competitive interest rates in the market. Since Loanapps cooperates with many lending partners, borrowers can easily compare and find loan services suitable for their needs.

General requirements for borrowers

  • The borrower must be between 20 and 70 years old.
  • Borrower must be a citizen of the Philippines with a valid ID document.
  • The borrower must be a permanent resident of the Philippines.
  • The borrower must have a regular official income.
  • Borrower must have an active mobile phone number and e-mail.
  • The borrower must have a bank account in a Philippine bank.

Loan application online

  • To qualify for a loan, you must meet the above criteria and correctly fill out the Loan Application, which will be available on the lender's website.
  • When filling out the loan application, you will have to indicate the desired loan amount and loan term, provide your personal information so that the lender can identify you and provide your contact information so that the lender can contact you.
  • If all the information is entered correctly and all the lender's requirements are met, you will be able to sign the contract and receive the desired loan amount.

Borrow responsibly

Always compare loans to get the best and most affordable offer!

Never borrow more money than you can repay!

Always carefully read the loan contract!

Always make monthly repayments within the term specified in the contract!

Pay attention to loan interest and late payment interest!

Penalty or renewal policy information

If the loan is not repaid on time, the lender may charge a penalty of the total amount for each day of delay. In the event of late repayment without the agreement of the lender, the lender may unilaterally transfer the debt collection to third party companies.

Annual Percentage Rate (APR)

The annual percentage rate is the total yearly cost of the loan, which is expressed as a percentage. The calculation of the annual percentage rate does not include the costs associated with non-fulfillment of the obligations specified in the loan agreement.

Maximum percentage interest rate (APR): 180%. Loan term: from 62 days to 12 months. Cost example: Loan of 2400 ₱ for 3 months, monthly payment 870 ₱, total amount 2610 ₱, annual percentage rate APR 145%.

Additional Associated Fees

Many or all of the products we offer are from our partners, from whom we may receive commission. This may affect the placement of offers and whether a product is included in the comparison. However, this does not affect our ratings.

In addition to obvious costs like interest and repayments, there may be hidden fees that ultimately make a loan more expensive than it initially appears. These hidden costs are not always obvious and can take many forms.

One of the most common hidden costs is a processing fee. Some lenders charge a fee for reviewing a loan application, which is added to the loan amount and interest. While this practice is criticized and sometimes restricted by law in many countries, it is important to consider this when taking out a loan.

Insurance premiums, especially for residual liability insurance, are another issue often overlooked. These insurances are designed to protect both the borrower and the lender if the borrower is unable to service the loan for reasons such as illness or unemployment. However, the cost of such insurance can be high and may significantly increase the overall loan expenses.

If a borrower wishes to repay a loan early, prepayment penalties may apply. These fees are intended to compensate lenders for lost interest income.

Additionally, a special repayment fee may be charged. While some loan agreements offer the option of special repayments without any additional fees, other lenders may impose a charge.

The overall cost of a loan may also be affected by an adjustment to the interest rate on variable-rate loans. If the base interest rate increases, the cost of the loan will also rise.

Therefore, it is crucial for borrowers to carefully review all aspects of a loan agreement, considering not only the nominal interest rate but also any additional fees and charges, to get a true understanding of the total cost of the loan.

Loanapps.ph does not issue loans and is not a lender. Loanapps.ph provides consumers with free information on the special terms of a lender's loan agreement and other relevant information. On the website, the peer-to-peer lenders have a special license to provide the consumer credit service.

Address: Latvia, Saldus, Liela 9, LV-3801