Frequently Asked Questions

Uncover the most common queries about loans in the Philippines and about our onlineloanpilipinas.ph comparison service as we provide detailed answers to the top ten frequently asked questions.

If you have any further concerns, don't hesitate to get in touch with us through the convenient feedback form on our contact page. We're here to provide you with the information you need!

To quickly receive the funds you need, simply follow these straightforward steps:
1. Compare and select a suitable microfinance institution.
2. Complete the application form on the lender's website with your personal details.
3. Allow a few minutes for the application to be processed.
4. Familiarize yourself with the terms and conditions of the approved loan.
5. Receive the funds directly into your card!
Many of our partners can approve and disburse loans within minutes. Typically, you won't have to wait more than 15 minutes to receive your loan.
Usually, a valid passport or identification card and proof of a stable income source are required to obtain a loan.
Eligibility requirements vary among lenders, but generally, you need to be at least 20 years old, have a regular source of income, be a resident of the Philippines, and have an active bank card and phone number.
Interest rates vary depending on the lender, loan terms, and borrower's credit history. However, you can find offers on our site with interest rates ranging from 0% to 180%.
Many lenders are willing to provide loans to individuals with bad credit history, although interest rates may be higher. We advise assessing your ability to repay on time to avoid any negative consequences.
Loan payments can be made through bank transfers, Visa/Mastercard, or other payment systems. You can find detailed information on the lenders' websites.
Yes, you can repay the loan before the due date. It's recommended to discuss this with the lender beforehand to understand any applicable fees or penalties.
To check the status of your application, you can contact the lender directly via phone or email. Additionally, lenders often proactively communicate the status of your application.
A deferred loan payment can be granted in case of financial difficulties for the borrower. To do this, you need to contact the lender in time. It should be borne in mind that a delay in payment may lead to an increase in the total amount of payments on the loan in the future, as the lender may charge additional interest and commissions. However, this way you will be able to maintain your credit history.