Soscredit

Soscredit is an online financial broker that acts as an intermediary between clients who need loans and financial institutions that can grant them. Through their website, you can find loans ranging from ₱1,000 to ₱25,000 to be repaid between 3 and 12 months.

Using Soscredit is simple. You just need to fill out a form with your personal details and the amount that you need. With it, Soscredit will match you to lenders in the Philippines who are likely to grant your loan and make it easy for you to apply for it. Once you do, you only have to wait for a decision and, in case it’s favorable, you may receive the money within 15 minutes.

Soscredit is not a lender or a financial institution. As a broker, they are merely an intermediary between you and lenders. Everything from the approval decision to the terms and conditions of the loans is the responsibility of the bank or financial institution, and Soscredit has no say in it.

Is Soscredit legit?

Soscredit is not a lender and does not grant or receive money from clients. This means that they do not need to be regulated by the government. However, their service is free of charge for the client, so it should not be risky to use. As always, it is advisable to carefully read everything before continuing to use the service and seek clarification before agreeing to anything in case of confusion.