Asteria Review: Does the Lending Company Suit Your Need?
Looking for a reliable online lending company in the Philippines? Look no further than Asteria Lending Inc.
Asteria’s mission is to assist Filipinos with their financial needs, offering a wide range of loan products, including salary and personal loans. They are also planning to expand their services to business and car loans.
Offering loan amounts from ₱2,000 to ₱50,000, with an interest rate of 0.2% per day, Asteria provides a fast and secure solution for those needing financial resources. Their loan approval process takes 24 hours and requires basic information and income documents for loan applications.
With positive reviews for their transparent processes and efficient customer support, Asteria aims to provide personalized guidance to their customers. Whether you need a loan or want to increase your loan limit, Asteria has got you covered.
Pros and Cons Of Asteria
A discussion on the pros and cons of Asteria Lending Inc. will provide valuable insights into their personal loan service.
Pros include their quick and easy online application process, competitive rates, and flexible loan terms.
However, cons may include the potential for increased interest and penalties for late payments and the lack of specific information regarding loan extensions.
Pros
One great advantage of Asteria Lending Inc. is its rapid and hassle-free online application process, allowing borrowers to easily apply for personal loans from the comfort of their homes.
With just a few clicks, applicants can fill out the online application form accurately and submit the necessary documents. This eliminates the need for time-consuming visits to physical branches and long queues.
Moreover, the online platform ensures client confidentiality and the secure delivery and processing of customer information.
The loan approval process takes just 24 hours, providing borrowers quick access to the funds they need.
This efficient and convenient application process sets Asteria apart from traditional lending institutions and makes it a preferred choice for those needing immediate financial assistance.
Cons
Speeding up the loan approval process would greatly benefit borrowers, allowing for quicker access to funds and meeting their immediate financial needs. Asteria Lending Inc. takes 24 hours to approve loan applications, which may be inconvenient for individuals in urgent need of money.
A faster approval process would give borrowers the peace of mind of knowing that their financial needs will be promptly met. It would also enhance customer satisfaction and improve the overall experience with Asteria Lending Inc.
By reducing the waiting time for loan approval, borrowers can have the funds they need sooner, enabling them to promptly address their financial obligations or emergencies. This improvement would make Asteria Lending Inc.’s loan service more efficient and customer-friendly.
Key Points
| Key Points | Details |
| Online Application Process | Fully online application via computer or smartphone, offering a quick solution for unexpected bills or financial issues. |
| Rapid Fund Disbursement | Clients can swiftly apply and receive funds directly deposited into their accounts, saving time and ensuring confidentiality. |
| Client Support | 24/7 customer service for personalized guidance throughout the loan process, aiding Filipinos in accessing necessary financial resources. |
| Minimal Requirements | Minimum creditor obligations and no collateral needed, providing a convenient borrowing option for individuals in need of funds. |
| Regulatory Compliance | Licensed and monitored by authorities to ensure service quality, offering a safe and reliable lending experience to clients. |
| Flexible Terms and Competitive Rates | Offers flexible loan terms and competitive rates, making it an affordable choice for those seeking financial assistance. |
| Convenient Borrowing Experience | Overall, Asteria Lending Inc. provides an easy and convenient borrowing process, catering to customers’ financial needs efficiently and effectively. |
What is Asteria?
Get ready to discover what sets Asteria apart from other lending companies in the Philippines. Asteria Lending Inc. is a Makati-based fully licensed company approved by the Securities and Exchange Commission (SEC). They specialize in providing personal loans to Filipinos, offering a rapid and easy solution for unexpected bills or other financial issues.
Asteria’s online platform makes it unique, allowing clients to apply for loans through their computers or smartphones conveniently. With minimum creditor obligations and no need for collateral, online loans with Asteria provide a hassle-free borrowing experience.
Asteria aims to assist Filipinos in rising and prospering by providing financial resources. They offer a range of loan products, including salary and personal loans, ranging from ₱2,000 to ₱50,000. The interest rate for Asteria loans is 0.2% per day, and loan terms can range from 30 to 120 days. The loan approval process takes just 24 hours, ensuring quick access to funds for those in need.
Asteria Lending Inc. ensures the secure delivery and processing of customer information, prioritizing confidentiality and customer satisfaction. They also provide personalized guidance and assistance through their customer support team, available 24/7. With a commitment to financial literacy and customer satisfaction, Asteria Lending Inc. stands out as a reliable and trustworthy personal loan service in the Philippines.
Loans Provided by Asteria
Asteria offers a variety of loans to meet different financial needs. They provide personal loans, salary loans, and education financing options.
Whether someone needs funds for personal expenses, to cover their salary gap, or to finance their education, Asteria has loan products to assist them.
Personal Loan
Applying for a personal loan with Asteria is like having a lifeline during tough financial times. Asteria Lending Inc. offers personal loans for various purposes, such as medical emergencies, education payments, weddings, and travel expenses. They understand that unexpected bills or financial issues can arise, and they aim to provide a rapid and easy solution for Filipinos in need.
With Asteria, clients can apply for a loan quickly and receive funds deposited into their accounts, all within 24 hours. The online application process is simple and can be done through a computer or smartphone. Asteria Lending Inc. ensures the secure delivery and processing of customer information, giving clients peace of mind.
They also offer flexible loan terms and competitive rates, making it an easy and affordable borrowing process for those needing funding.
Salary Loan
When facing financial constraints, Filipinos can rely on Asteria Lending Inc. for a salary loan that provides quick access to funds for immediate needs.
Asteria’s salary loan is designed to help individuals bridge the gap between paydays and cover unexpected expenses. With loan amounts ranging from ₱2,000 to ₱50,000, borrowers can choose the amount that best suits their needs.
The interest rate for Asteria’s salary loan is 0.2% per day, ensuring affordable repayment options. Loan terms range from 30 to 120 days, allowing borrowers to choose a repayment period that works for them.
The loan approval process takes 24 hours, providing fast and efficient service. With flexible repayment options and personalized guidance from Asteria’s customer support team, Filipinos can rely on Asteria for their salary loan needs.
Education Financing
If you’re considering furthering your education, securing financing through Asteria Lending Inc. can provide you with the necessary funds to pursue your academic goals.
Asteria offers education financing options that can help cover tuition fees, books, and other educational expenses. With their easy online application process, you can quickly apply for a loan and receive the funds deposited directly into your account.
Asteria provides flexible loan terms and competitive rates, ensuring you can find a repayment plan that suits your financial situation. They also have a 24/7 customer service team to assist you throughout the loan process.
Whether you’re planning to enroll in a degree program or take up short courses to enhance your skills, Asteria’s education financing can be a reliable solution to support your educational journey.
Best Online Loans Similar to Asteria Lending Inc
We will showcase a collection of leading online loan platforms in our table, comparable to Asteria’s offerings, specifically tailored for the Filipino market.
| 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 |
Interest Rate for Asteria
The interest rate for Asteria loans is 0.2% per day, which can quickly accumulate if the repayment is delayed. This interest rate is relatively high compared to other lending institutions. Borrowers need to be aware of the potential costs involved in taking out a loan from Asteria and ensure they have a solid repayment plan.
It’s important to note that the interest rate is applied daily, meaning the longer the loan term, the more interest will be accrued. It’s crucial for borrowers to carefully consider their financial situation and ability to repay the loan within the agreed-upon timeframe.
While the interest rate may seem high, Asteria offers quick and convenient access to funds without collateral. This can be beneficial for individuals who are in urgent need of financial assistance. However, borrowers should exercise caution and only take out a loan from Asteria if they’re confident they can repay it on time.
The interest rate for Asteria loans is 0.2% per day, which can add up quickly if the repayment is delayed. Borrowers should carefully consider their financial situation before taking out a loan and ensure that they have a solid plan in place for repayment.
Asteria Requirements
Applicants need to meet certain requirements to get approved for a loan from Asteria. These requirements include being a Filipino citizen, aged between 21 and 60 years, and having valid identification documents such as UMID, TIN ID, Driver’s License, or PhilHealth ID.
Additionally, having a bank account is necessary for loan disbursements.
How Do You Get Approved for Asteria
When applying for a loan with Asteria, you can increase your chances of approval by providing accurate information and submitting the required documents.
Asteria Lending Inc. requires basic information and income documents for loan applications. It is important to ensure that all information provided is correct and up to date. This includes personal details such as name, address, contact information, and employment and income information.
Additionally, Asteria requires valid identification documents, such as UMID, TIN ID, Driver’s License, and PhilHealth ID.
By accurately providing all the necessary information and documents, you can demonstrate your eligibility and financial stability to Asteria, increasing your chances of loan approval.
ID`s accepted by Asteria
Asteria Loan accepts government-issued IDs such as UMID, TIN ID, Driver’s License, and PhilHealth ID, making it convenient for you to apply for a loan.
These IDs are widely recognized and accepted in the Philippines, ensuring borrowers can easily provide the necessary identification documents for their loan application.
Whether you have a Unified Multi-Purpose ID (UMID), Tax Identification Number (TIN) ID, Driver’s License, or PhilHealth ID, Asteria Loan acknowledges these identification cards as valid proof of identity.
This flexibility allows borrowers to choose the ID that is most convenient for them to provide during the loan application process.
By accepting a range of government-issued IDs, Asteria Loan ensures that more individuals can access their loan services, regardless of their specific identification documents.
So, Asteria Loan makes it easy to apply if you need financial assistance by accepting these commonly used government-issued IDs.
How Can You Repay a Loan in Asteria
Moving on to the next topic, let’s discuss how to repay a loan in Asteria. Asteria Loan Philippines offers flexible loan repayment options to cater to their customers’ diverse needs.
Whether you prefer traditional payment centers or online transactions, Asteria ensures a convenient and hassle-free repayment process. To make repayments, borrowers can choose from a variety of methods. You can repay your loan through bank transfers, payment centers like 7 Eleven, Bayad Centers, Robinson Payment Centers, and SM Payment Centers, and popular remittance centers like LBC and Cebuana Lhuillier.
This wide range of payment options allows you to select the most convenient method. Moreover, Asteria Loan provides 24/7 customer support to assist you with any concerns or queries regarding loan repayments. Their dedicated team is always ready to provide personalized guidance and assistance throughout repayment.
It is important to note that timely repayment is crucial to maintain a good credit standing with Asteria. Late payments may result in penalties and additional fees. Therefore, adhering to the agreed-upon repayment schedule is recommended to avoid any unnecessary charges.
Asteria Loan Philippines ensures a smooth and flexible repayment experience by offering various payment methods and reliable customer support.
Whom Asteria Loan Suits Better?
Asteria Loan is the perfect solution for those seeking a hassle-free and flexible borrowing experience to meet their financial needs. Asteria Loan is designed to cater to a wide range of individuals, including employees, self-employed individuals, and professionals. It offers personal loans that can be used for various purposes, such as medical emergencies, education payments, weddings, and travel expenses.
Applicants must be Filipino citizens between the ages of 21 and 50 to be eligible for an Asteria Loan. They should also have a valid identification document, such as a UMID, New TIN ID, Driver’s License, or PhilHealth ID. Asteria Loan aims to assist Filipinos in rising and prospering by providing them with the necessary financial resources.
One of the key advantages of Asteria Loan is its online application process, which allows clients to apply for a loan through their computer or smartphone conveniently. This saves time and ensures client confidentiality. Asteria Loan offers a rapid and easy solution for unexpected bills or other financial issues. The loan approval process takes only 24 hours, and funds are deposited directly into the client’s account.
Overall, Asteria Loan provides an easy and affordable borrowing process for individuals needing funding. With its flexible loan terms, competitive rates, and 24/7 customer service, Asteria Loan is the ideal choice for a personalized and seamless borrowing experience.
Exclusive Features of Asteria
Regarding your borrowing needs, you’ll be delighted to discover the exclusive features that set Asteria Loan apart from other lending options.
Asteria Loan offers a range of benefits that make it a top choice for individuals needing financial assistance. First and foremost, Asteria Loan operates 100% online, allowing clients to apply for loans through their computer or smartphone conveniently. This saves time and ensures client confidentiality.
Additionally, Asteria Loan provides a rapid and easy solution for unexpected bills or other financial issues. Clients can apply for a loan quickly and receive funds deposited directly into their account.
Another exclusive feature of Asteria Loan is its minimum creditor obligations and lack of need for collateral. This means that borrowers can access the funds they need without worrying about providing security.
Furthermore, Asteria Loan offers a correct payback schedule and 24/7 customer service to assist clients throughout the loan repayment. With Asteria Loan, borrowers can access many creditors with low-interest rates, making it an attractive option for those needing financial resources.
Asteria Customer Support
With its commitment to customer satisfaction, Asteria Loan ensures that clients receive reliable and efficient support throughout their borrowing journey. Asteria understands that navigating the loan process can sometimes be overwhelming, so they have a dedicated customer support team ready to assist borrowers every step of the way.
Whether it’s answering inquiries, providing guidance on the loan application process, or addressing concerns, Asteria’s customer support team is available to provide personalized assistance. They can be reached via phone, email, and social media platforms. The team is known for their prompt and professional responses, ensuring that borrowers promptly receive the support they need.
In addition to their responsive customer support, Asteria also offers a comprehensive FAQ section on their website. This resource addresses common questions and concerns borrowers may have, providing quick and easy access to information.
Overall, Asteria Loan’s commitment to customer support sets them apart from other lending companies. They strive to provide a seamless and hassle-free borrowing experience by offering reliable assistance and guidance every step of the way. Whether borrowers have questions about the application process, loan terms, or repayment options, Asteria’s customer support team provides the necessary support and ensures a positive borrowing experience.
Frequently Asked Questions
How long does it take to receive the loan funds from Asteria Lending Inc.?
Loan funds from Asteria Lending Inc. are typically received within 24 hours after loan approval. Borrowers can expect a quick and efficient process, allowing them to promptly access the funds they need.
Can I apply for an Asteria loan with a low credit score?
Individuals with low credit scores can still apply for an Asteria loan. Asteria Lending Inc. offers personal loans without collateral, making it accessible to those with low credit scores.
Are there any penalties for early loan repayment with Asteria?
Yes, there are penalties for early loan repayment with Asteria. Customers who choose to pay off their loans before the agreed-upon term may be subject to penalties, such as additional fees or charges.
What is the maximum loan term offered by Asteria Lending Inc.?
The maximum loan term offered by Asteria Lending Inc. is 120 days. Depending on their needs and preferences, borrowers can choose loan terms ranging from 30 to 120 days.
Does Asteria offer loan extensions or grace periods for repayment?
Asteria Lending Inc. does not provide specific information about loan extensions or grace periods for repayment on their website. It is recommended to contact their customer support team for more details regarding these options.
Conclusion
In conclusion, Asteria Lending Inc. is a reputable online lending company in the Philippines that offers personal loans to aid individuals with their financial needs.
With a wide range of loan products, transparent processes, and efficient customer support, Asteria aims to provide a fast, easy, and secure solution for Filipinos needing financial resources.
Their competitive interest rates and flexible repayment options make them suitable for those seeking personal loans.
Overall, Asteria is committed to helping Filipinos achieve their financial goals.
Asteria Lending Inc Competitors
| Company | Loan Amount (PHP) | Interest Rate | Loan Term | Our Review |
|---|---|---|---|---|
| Digido | 1,000 – 25,000 | From 0% to 11.9% | Up to 30 days | Read Digido Review |
| MoneyCat | 500 – 20,000 | Up to 11.9% per month | Up to 180 days | Read MoneyCat Review |
| CashMart | 3,000 – 150,000 | From 0,8% to 3,5% | Up to 6 months for new loan | Read CashMart Review |
| EasyCash | 5,000 – 25,000 | 0,33%-1% | From 1 to 300 days | Read EasyCash Review |
| Crezu | 1,000 – 25,000 | From 1.5% per month to 30% per year | From 3 to 12 months | Read Crezu Review |
| CashMe | 2,000 – 20,000 | 0,08% per day | Up to 3 months | Read CashMe Review |
| Blend | 50000 – 2 million | From 1,5% to 3% monthly | Up to 36 months | Read Blend Review |
| Binixo | 2000 – 30000 | 1% per day | From 7 days to 30 days | Read Binixo Review |
| Loanmoto | 1,000 – 12,000 | 4% – 6% per month | Read Loanmoto Review | |
| Finbro | 1,000 – 50,000 | 0.5% – 1.25% per day | Up to 12 months | Read Finbro Review |
| Kviku | 500 – 25,000 | 1.2% per month | Up to 180 days | Read Kviku Review |
| Binixo | 2000 – 30000 | 1% per day | From 7 days to 30 days | Read Binixo Review |
| PesoQ | 5,000 – 20,000 | 4% – 6% per month | 91 – 365 days | Read PesoQ Review |
| GCash | 5,000 – 25,000 | From 3% to 15% | From 15 to 90 days | Read GCash Review |
| CashBee | 2,000 – 20,000 | 0,3% daily | From 30 to 120 days | Read CashBee Review |
| Revi Credit Philippines | 1000 – 250,000 | 1% – 5% | From 6 to 36 months | Read Revi Credit Review |
| Tala | 1,000 – 25,000 | 15% – 15.7% | From 15 to 61 days | Read Tala Review |
| OKPeso | Up to 24% | From 96 to 365 days | Read OKPeso Review | |
| Vamo | 1,000 – 30,000 | From 1,3% | From 10 to 3000 days | Read Vamo Review |
| Flexi Finance | Up to 25,000 | From 365 to 1460 days | Read Flexi Finance Review | |
| JuanHand | Up to 50,000 | 14.7% per month | From 14 to 90 days | Read JuanHand Review |
| Moca Moca | 2,000 – 35,000 | 0.83% per month | From 180 to 365 days | Read Moca Moca Review |
| RoboCash | 1,000 – 25,000 | From 0% to 11.9% | Up to 30 days | Read RoboCash Review |
