Pesoloan - Quick Cash Loan

Masaganang Buhay Finance Philippines Corporation

About this app

Why Pesoloan?
-Operated by licensed Financing Company which is duly registered and in compliance with the Securities and Exchange Commission (SEC) , BIR, NPC and CIC in the Philippines.
- No collateral, simple and easy process; low interest!
- High credit limit and large approved loan amount.
- Safe and reliable
- Hassle-free payment schedules with a variety of installment options.
- High approval rate, fast and free disbursement, and friendlier service
- Easily accessible and friendly customer service

SEC COMPANY NAME: Masaganang Buhay Finance Philippines Corporation　
SEC Registration NUMBER: CS201824008
CERTIFICATE OF AUTHORITY: NO.1185
Address Registered (written in government documents): L24 PSE Tower, One Bonifacio High St. 28th St. Cor. 5th Ave, BGC, Taguig City, Philippines
Always study the terms and conditions and the disclosure statement before proceeding with any loan transaction.

Loan Products
Our Online Fund Loan Products:
1. Loan period: 91 days to 180 days
2. Maximum loan limit: PHP1,000 - PHP100,000
3. Low interest (maximum APR): 31% per year

For loans of PHP20,000 with a term During 120 days, the fees charged are as follows:
Daily interest rate: 31%/ 365 = 0.085%
Monthly interest rate: 31%/ 12 = 2.58%
Monthly interest: PHP20,000 * 2.58% = PHP516.00
Total monthly payment: PHP20,000 / 4 + PHP516.00 = PHP5,516.00

Total interest: PHP20,000 * (31% / 365) * 120days = PHP2,038.36
Total cost of refund: PHP20,000 + PHP2,038.36 = PHP22,038.36

Requirements:
1. Filipino citizens
2. 18-60 years old.

What is the application process?
1. Download Pesoloan from Google Play, install on your mobile phone.
2. Read the Privacy Policy to proceed with registration.
3. Fill out the simple forms on the app to proceed with the loan application.
4. Choose the loan product
5. Get approved in seconds.
4. Receive disbursed amount in your preferred bank or E-wallet account after approval.
5. Make repayment on due day, after paying, you will get the chance to re-loan with a higher amount.

Contact Us:
Website: https://www.pesoloan.ph
Email: [e-mail]
Address: L24 PSE Tower, One Bonifacio High St. 28th St. Cor. 5th Ave, BGC, Taguig City, Philippines
*Several repayment options will be offered to you so you can choose the one that best suits your needs.

Ratings and reviews

Please do not use this lending company. I was browsing the app and was curious about their repayment program, I was enticed by their offer saying "get up to 35,000". So I clicked it out of curiosity when all of the sudden they're saying the money is being disbursed and it did went to my Ewallet account WITHOUT MY FINAL EXPLICIT CONSENT!!!! I was just checking what my credit is and they just sent the money that fast with very high interest and processing fee totaling of 18,000!!!!!!

The application process was quick and I got approved within the same day I received the full amount of 10,000 in my account, which was a big plus compared to other services. However, the total repayment comes out to 14,200 over just 2 months (4 terms every 15 days). It's quite a high cost so do keep that in mind before applying. It works well if you need emergency cash and can commit to the bi-monthly payments. Thank you.😊

I asked for a cancellation and reconsideration, they agreed and give me the amount that i needed to pay including some fees so my loan can be cancelled. but in the app it won't reflect, it says I need to pay 2000 pesos more, they kept calling and harassing me, when I already payed for the cancellation. I HOPE SEC would look into this app and those who manage it. I got proof and all

What’s new

1. Optimized the app interface and improved the overall user experience.

2. Refined the application process to enhance usability and convenience.