OLP - Fast Approval Loan App

ONLINE LOANS PILIPINAS FINANCING INC.

About this app

0% interest online fast peso cash loan app for the Philippines.

Study the terms and conditions in the Disclosure Statement before proceeding with the loan transaction.

Special offer for new customers: as low as 0% interest and without other fees credit. For new and valued repeat borrowers: the loan amount is from ₱1'000 to ₱30'000. Credit term is from 90 days to 720 days (e.g. the minimum repayment period is 90 days, and the maximum is 720 days).

The loan cost is calculated:
Amount to be returned = Loan Amount (1+ Loan Term * Rate / 100)
All applicable fees are already included in total cost of loan.
APR varies from 0% to 180% maximum.

Representative example:
You apply for ₱10'000 to be repaid in 3 months. Amount to be returned will be ₱14'500 with a monthly payment of ₱4'833 per month. APR is 180%.

Use quick cash advance unsecured lending money application for your urgent needs. Take money before payday, for medicine, gifts, and other financial needs. Apply for reliable and secure lender service when salary is not enough.

FAQ: conditions of the peso cash lending money app service

How to apply for an easy payday online loan via the app?
A very fast process to get cash advance:
1. Use your smartphone or tablet.
2. Download the OLP - Fast Approval Loan App.
4. Select your loan amount.
5. Fill the forms in 5 minutes.
6. Wait for SMS for approval.
7. Get the money from ₱1,000- ₱30,000 pesos to your bank account or e-wallet (GCash and others).

Benefits:
Absolutely low 0% interest rate for every new customer.
No collateral – unsecured lending.
No need to spend your time in-office visits.
No inconvenience, use 1 id.
No other fees for the first-time borrower. No need to pay anything besides a loan amount.
Instant within 5 minutes disbursement after approval.
Growing approval amount. Start a journey to significant sums of money, any time. Grow your financial shoulder from ₱1'000 to ₱30'000.

Who can get a cash loan
A person is a Philippines citizen and 18+ years old.
Has at least 1 id and has a mobile number.
Has a job or self-employed.

What do you need to have to get a personal loan?
Only 1 document. Choose from the list: Driver's Licence / GSIS / SSS / TIN / Passport / PRC / UMID / Postal ID / PhilHealth ID / Voters ID / PhilSys ID.
A smartphone or tablet, or and internet access.
Banking account or e-wallet (GCash and others).

For what purposes borrow money?
• Bills.
• Medicine.
• Bikes’ repairment.
• Gifts.
• Calamities.
• Leisure.

How to receive your peso loan?
Get money to your bank account or e-wallet (GCash and others).

How much time to wait for the money?
In most cases, you will receive an automatic SMS notification; otherwise, you will get a call. After approval, it takes 5 minutes to get cash with InstaPay.

How much cash can I borrow?
Our current loanable amounts for first-time applicants range are from are between ₱1'000 to ₱7'000. Repeat borrowers in good standing can borrow up to ₱30'000.

How to make a repayment of your credit?
Upon repayment, use your reference number. You may choose among these options:
1. Pay via E-wallets (GCash and others) or Online Banking using Dragonpay.
2. Go to any 7 Eleven and use the Cliqq machine via DRAGON LOANS.
3. Visit any Bayad Center, LBC, Cebuana, SM or Robinsons Payment center, RD Pawnshop and Palawan Express using DRAGONPAY.

Credit app company information:

Address of the Financing company: 601 Summit One Office Tower, 530 Shaw Boulevard, Barangay Highway Hills, Mandaluyong City.
Online Loans Pilipinas Financing Inc.
This application is operating under the online lending platform - "Online Loans Pilipinas Fast Peso Cash Lending App" registered with the Securities and Exchange Commission in accordance with SEC Memorandum Circular No. 19 Series of 2019.
SEC Registration No. : CS201726430.
Certificate of Authority #1181.
Email: [e-mail]

Ratings and reviews

At first, this app is good because it can save you to some financial emergencies but always think before you do some transactions to them. The interest is super duper high. The amount you borrowed will be doubled when you have to repay it. This app has a lot of charges, it can doubled the amount that you borrowed, so disappointing. :(

I have loaned in this app for several times already. I have not experienced a difficulty when I was enrolling for an account however the issue is that, they have a high processing fee. For instance, if you loaned 5,000 pesos, you'll only get 4,450 pesos and that's 550 for the processing fee aside from the interest. Another thing is that, they'll give an email saying that you'll send your receipt upon payment of your loan in that email but, the email bounced back. It didn't go through. ☹️

This app is good, you can get you money fast, but not the whole amount you have applied. There are always lots of fees plus high interest rate. And it's only good for a week to a month of repayment. Also, they always send you emails to get upto 20000 loan, but in truth, you would really have consume your credit limit every loan to increase you credit limit. All in all, it can help you, but the competitiveness of their interest rate is not helping at all. I still won't recommend it.

What's new

Fixed few bugs, implemented number of improvements for better user experience