Quick loans
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Online Loans Pilipinas (OLP) offers loans to Filipinos nationwide. Through their service, you can get up to ₱10,000 if you’re a new client and ₱20,000 if you’re a repeat client. Plus, new clients can enjoy a 0% interest rate if they repay in full by the first payment date.
To request a loan, you have to:
Select your loan amount and input your phone number
Verify your number and complete your personal information
Wait for approval, you’ll receive a notification via SMS
Accept the contract and wait for the money. You’ll receive an SMS once it’s been disbursed.
The approval and disbursement processes shouldn’t take more than a few minutes, so you can enjoy the loan the same day you requested it.
Features |
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Banking product |
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Entidad de microcréditos |
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Loan amount |
From ₱1.000 up to ₱20.000 |
Tenure |
From 61 days Up to 183 days |
Interests and costs | Loans have a maximum annual interest rate of 143%. You can get a 0% interest rate if you repay the loan in full by the first payment date. |
Early repayment |
You are allowed to repay the loan early, however, an early repayment fee may be charged. For further details, check the loan contract. |
Benefits |
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Requirements |
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