Lending Companies in Gingoog

Company	Loan Amount (PHP)	Interest Rate	Loan Term
Digido	1,000 – 25,000	From 0% to 11.9%	Up to 30 days
MoneyCat	500 – 20,000	Up to 11.9% per month	Up to 180 days
Kviku	500 – 25,000	1.2% per month	Up to 180 days
Cashspace	1000 – 25,000	1.3% per month	2 – 4 months

MCCB

Mindanao Consolidated Co-operative Bank is an amalgamation of three different financial services. It was birthed in 2017 and has been a solid source of credit since then. The company is also regulated by Bangko Sentral ng Pilipinas.

Legal Information:

• Address: R4F2+MP9, Gingoog, Misamis Oriental, Philippines
• Website: https://www.mccb.com.ph/contact/
• Phone: +63 88 816 1169
• Email: [email protected]
• Mindanao Consolidated Cooperative Bank has about 17 branches in the Philippines
• SEC Registration: Yes

Services:

• Auto loans: Its auto services allow Filipinos to access premium financing services. It has high amounts at low rates to buy your dream vehicle.
• Home loans: It also gives borrowers the liberty of purchasing their dream home or carving it out on credit.
• Salary loans: Payday comes much faster for salary earners with this feature. It serves the right amount of funds on platters until the next payday.
• SME and business loans: For business owners and entrepreneurs, there is an added advantage to boosting your business with some extra funds from MCCB.
• Personal loans: Whether a student or worker, you can access personal loans with MCCB to finance your next personal expenditure.

Eligibility requirements:

• Must be at least 21 years old
• Proof of income (via legal tender)
• 2 valid IDs (for both married couples and the co-maker)
• 2×2 ID picture (for both couples)
• Proof of pension (via a voucher)
• Sketch of the residence (for home loans)
• Bank statement, and others.

M Lhuillier Loans

M Lhuillier is one of the largest financial companies in the Philippines. The company in Gingoog offers various financial assistance, including quick cash loans. The lender requires collateral in most scenarios, though.

• Address: Nat’l. Highway, Brgy. 17, Gingoog City, Doña Graciana St., Brgy 21, Gingoog City
• Contact: Phone: +63 88 861 1240
• Email: [email protected]
• Branch: As an established brand, it had more than 3,000 units and walk-in stores across the nation.
• SEC Registration: 4178412

Loan Offers

Includes quick cash loans and a long-term refund with a maximum of 6 months. It also involves an interest rate of 24% per annum.

• Personal: This service is available for all Filipinos as a means of an urgent and emergency source of funds. It requires a low barrier for approval and is quite fast.
• Home: For higher amounts and more stringent rules, this is a good option as well.
• Motorcycle: Asides from buying vehicles, you can also purchase a motorcycle with credit from M Lhuillier.
• Pensioner: Filipinos expecting their pensions or who already deposited some with M Lhuillier can get extra cash.

The lender doesn’t have many criteria for approval, as it mostly offers a secured loan.

• A valid government-issued ID
• Proof of employment
• Income proof (preferably documents)
• Suitable collateral

China Bank Savings Loans

CBS is a good option for people who need to finance their home improvement journey or purchase a new car. This bank offers extensive loans that allow borrowers to meet their emergency financial needs.

• Address: SAVEMORE ACACIA TOWN CENTER, ACACIA ESTATES, BRGY BAMBANG, TAGUIG CITY
• Contact: 8633-5472 / 8633-3245
• Email: [email protected].
• Branch: 3 branches all over the nation
• SEC Registration: Yes

Loan services:

• Consumer loans: include Personal, Auto, Housing, and other related forms of credit.
• Business loans: include business-related credits, such as SME, Retails, Entrepreneurship loans, etc.

Eligibility criteria: 

• A filled CIS (customer information sheet)
• Your latest passport/ID picture (at 1×1)
• An original valid ID submission.

Top OFW Lending Companies in Gingoog

PS Bank

The Philippines Savings Bank has been around for a while and offers extensive services across the Philippines. It provides credit options ranging from PHP 20,000 to 250,000. However, you can apply for larger amounts if you need more funds.

• Address: G/FPS, Bank Center777, Paseo De Roxas Street Corner Sedeno Street, Legaspi Village 1226, Makati City, Metro Manila
• Contact: Phone: +63888610210
• Email: [email protected]
• As of 2021, PS Bank had 250 branches worldwide, which has continued to grow yearly.
• SEC Registration: Yes

Loan Services

• OFW loans: For people on their OFW journey, you can access extra credit with this lender.
• Personal loans: Borrowers can also take advantage of the unique offers here to access loans for their individual needs.
• Auto loans: Purchase your dream car or vehicle with the special auto credit features with PS Bank.
• Home loans: Also, you can access more funds in advance to pay for your home development, renovation, or procurement.

You can get approved here with:

• Your filled-out form
• Valid identification
• BIR form 2316 (with Audited Financial Statements for Self-Employed)
• Latest credit card billings, etc

BPI

Here’s another reputable online lender with services ranging across multiple credit options. Its credit features about 25.60% ACR. It also charges a one-time processing fee of PHP 1,500 on your fund proceedings.

• Address: Tower One, Ayala North Exchange 6796 Ayala Avenue corner Salcedo St., Legaspi Village, Makati City 1229
• Contact: (+632) 889-10000
• Email: [email protected]
• Branch: has a network of over 900 branches across countries.
• SEC Registration: Yes

This lender offers various services:

• OFW and Seafarer: This is the primary loan service here. As OFWs and Seamen, you get special access to exciting credit offers.
• Salary and housing: The services also extend to the use of advance cash to finance your home or await your salary.
• Personal loans: A multipurpose cash loan with affordable payment terms and no required collateral.
• Auto loans.

To qualify, you need:

• A valid Philippine government-issued.
• Photo-bearing ID with a signature experience for employed individuals.
• Latest 3 months payslips OR latest Income Tax Return – (ITR) BIR Form 2316.
• Certificate of Employment.

Security Bank

It provides various loan products, including personal, home, auto, and business loans. These loans create financing options for different purposes, such as education, vehicle purchase, and business expansion at low interest rates.

• Address: Georgetown Cybermall, Rodolfo N. Pelaez Blvd, Cagayan de Oro, Misamis Oriental, Philippines
• Contact: (+632) 8887 – 9188
• Email: [email protected]
• About 316 branches nationwide.
• SEC Registration: Yes

Loan Offers

• OFW: A term deposit account with a minimum amount of P500 and a maximum balance of P50,000 is the Security Bank Overseas Filipino Workers Savings Account.
• Auto: You can apply by going to the website of your bank, signing into your account, and then going to the loan section.
• Personal: As an alternative, you can get a less high amount to sort your personal financial needs.

Eligibility requirements:

• Identification documents
• Proof of high or low income
• Proof of residence and other supporting documents.

Lending Companies in Gingoog With Low Interest

JCT EZ Loan

This lending company offers fast and affordable lending services without any application and approval hassle. Its loans are available at little amortization costs, so you can get a PHP 1,000 loan for about 1.75% to 3.5% monthly interest rates.

• Address: Unit 11, 2nd Floor, Congressional Town Center, #23 Congressional Ave.,
• Brgy Bahay Toro, Quezon City
• Contact: [email protected]
• Email: [email protected].
• Branch: 3 branches nationwide

Services

• Car: JCT has a great financing option to keep your dream of purchasing your car afloat with its juicy loan services.
• Migrant: This service creates financial aid for migrants who need to settle down and get things moving.
• Real Estate: If you wish to invest in your real estate or boost your portfolio, this lender facilities quality funding at low costs.
• Business Loans: There are also long-term and short-term business financing options to take your enterprise to the next level.

Eligibility criteria

• The latest 3 Months Bank Statement of the Checking Account
• Business/Car/Land title or document.
• 3 Valid IDs
• Billing Proof
• Birth Certificate (for single borrowers) or Marriage Certificate (for couples).
• Latest 2 Months’ Credit Card

ÆON Credit Service (Philippines) Inc

Aeon financial services is another low-interest lender building its reputation in the country. With just a few branches across cities, the credit service company is paving the way for nationwide loan provisions.

• Address: 5th Floor, Hanston Square Building, San Miguel Ave. Ortigas Center, Pasig City, Metro Manila
• Contact: Phone: (02) 86311399
• Website: https://www.aeonphilippines.com.ph
• Branch: The company has established itself in the country and is still growing. It doesn’t have a physical store in Gingoog for now.
• SEC Registration: Yes

Services

• Personal: Since personal loans are common in the country, this lending company also provides them.
• Furniture: You can secure extra cash to fund your furniture purchase and repair when needed.
• Appliance: It also has this special credit service that allows Filipinos to get money to procure any important home or office appliance they need.

Eligibility criteria 

• Your filled-out form
• Valid government-issued ID or its equivalent
• Supported payment options (registered account)
• BIR form 2316 (with Audited Financial Statements for Self-Employed)
• Latest credit card billing

Exquisite Lending Serviced, Inc. Gingoog City

Exquisite Lending Inc is a reputable SEC-licensed Philippine lender with branches across the country.

• Address: NADAL COMPOUND, BRGY.20 CABOYU-AN, GINGOOG CITY, MIS. OR 9014
• Contact: (088)859-3024
• Email: [email protected]
• Branch: about 4 working branches
• SEC Registration: Yes

Loan products:

• Real Estate: You can access real estate loan features here to boost your real estate investment journey.
• Business Loans: You can move your business further with impressive rates and high amounts to upgrade your equipment.
• Personal: These are unique loans with fast processing time and low requirements for approval.
• Emergency: When you’re in urgent need of money, Exquisite Lending can come to your aid with its instant approval loan.

Loan requirements: 

• 21 years and a resident of the Philippines
• Proof of income
• Business or land registration documents
• Valid government IDs, etc.

FAQ on Lending Companies in Gingoog

Is private lending legal in Gingoog?

Yes, private lending is legal in the city of Gingoog, Philippines. That’s as long as lenders comply with the Bangko Sentral ng Pilipinas (BSP) regulations and other applicable laws.

How can I get a loan from a lender in Gingoog?

Contact the lender, visit their branch, or apply through their website. You must meet the lender’s experience and eligibility criteria, submit the required documents, and complete the loan application process.

Can you get a loan for 3 months in Gingoog?

Yes, obtaining a loan for 3 months in the city is possible. Many lenders in Gingoog offer short-term loan options with payment options and periods as short as 3 months.

What is the largest financing company in Gingoog?

Many financial institutions in the Philippines have high stakes in the city of Gingoog. However, some of the largest financial establishments in the city include BDO, PS Bank, BPI, China Bank of Savings, etc.