In the pursuit of financial assistance, knowing where to loan money efficiently is crucial. This article explores five loan apps that provide quick and accessible solutions, offering loans of up to 100,000 PHP.
Etomo
Provided Service:
Fast approval and easy to apply cash loan
Requirements:
- Personal & address information
- Employment & financial information
- A valid govt ID (Driver’s license, UMID, National ID & SSS ID)
- A valid email address
- A valid registered mobile number
How to apply loan:
- Applying for a etomo loan is easy! Just have your requirements ready then download the etomo app here: Download App
- Await for your result and apply for your first loan! Repay on time to earn bonus points and use it to increase your credit limit!
How to Repay:
- Your nominated bank account
- Your nominated FULLY VERIFIED e-wallet
- Your partner remittance center DA5
Home Credit
Provided Service:
- Cellphone Installments
- Product Loans
- Cash Loans
- Qwarta
- Credit Card
Requirements:
- One (1) government-issued valid ID that indicates your address AND date of birth. If any of two are not satisfied, a second document ID bearing the missing information from the primary ID will be required for presentation.
- Down payment.
How to apply :
- Filipino Citizen
- Primary ID
- Proof of income
- Minimum age 18 years old.
How to Repay:
- Pay easily online
- over the counter
- through auto-debit.
SLoan (Shopee)
Provided Service:
Cash loan for Shopee users
Requirements:
- Active Shopee account
- 21 to 65 years old.
How to apply:
- Active Shopee account
- 21 to 65 years old.
How to Repay:
- ShopeePay Wallet.
- Online Banking.
Cash Mart
Provided Service:
- Personal loan
- Salary loan
- Car loan
- OFW loans.
Requirement:
- Must be at least 21 to 50 years old
- A Filipino citizen currently living in the Philippines
- Currently employed, self-employed, or OFW/Seafarer’s Allottee
How to apply:
- Salaried and commission-based employees/self-employed/taxi or Grab drivers at least 21 years old
- Valid government-issued ID
- Latest one-month payslip/statement of account
- Latest proof of billing
How to Repay:
- App or website
- GCash
- 7ELEVEN
- Over the counter
- DragonPay
- Partner Bank / Online Bank
Vidalia
Provided Service:
- Business Loans
- Small Business
- Salary Loan
- E-commerce Loans
- Personal Loans
Requirement:
- Depending on the loan type
How to apply
- Quick online application
- Credit evaluation
- Get your money
- Make repayment
How to repay:
- Auto reduction from partner bank
- Post dated check
Understanding their services and repayment methods empowers individuals to make informed choices on where to loan money, ensuring financial needs are met swiftly and conveniently.
