Lending Companies in Legazpi
| 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 |
Moneycat
Moneycat Financing Inc. offers simple and fast financial services, providing customers quick access to funds. Here are the key details:
Details:
- First-time customers can borrow between PHP 1,000 and 3,800.
- Returning customers can borrow up to PHP 20,000.
- Daily interest rates range from 0% to 3%.
- Approved customers are credited within 24 hours.
- The repayment term is 7-28 days, with the option to extend by paying 7% of the active loan plus charges.
Office Information:
- Address: Unit 1701 Tycoon Bldg Pearl Drive St. Brgy San Antonio Ortigas Center Pasig City, Philippines.
- Contact: Call the numbers provided on their website, or reach out via email at [email protected].
Loan Type:
- Moneycat offers cash loans as their sole type.
Requirements: To be eligible for loan approval, applicants should meet the following requirements:
- Philippine citizenship and residency.
- Valid ID.
- Age of 22 years or older.
- Stable income with an active bank account.
Regulatory Approval: Moneycat is authorized by the Securities and Exchange Commission (SEC) for money lending operations.
Cash Express
Cash Express is a highly regarded lending company that stands out for its fully digital services and flexible loan options. They cater to registered users, offering loans ranging from 1,000 to 10,000 PHP with a repayment period of 7 to 14 days.
Loan Details: Cash Express provides various loan options to meet different needs, including:
- Personal loans
- Business loans
- OFW loans
Requirements: To be eligible for a loan, applicants must meet the following conditions:
- Age range of 23 to 50 years old
- Filipino citizenship with active residency
- Proof of income (government ID for employed individuals, business permit for self-employed)
- Valid bank account
- Contact reference or active house address
Cash Express has extensive experience in the lending industry and is registered with the Securities and Exchange Commission (SEC). This ensures the legitimacy and security of your transactions with them.
- Location: Main Office: Avida CityFlex, 7th Ave. Cor. Lane T, North Bonifacio, Bonifacio Global City, Taguig. 24-Hour Call Line Service: Available for Caloocan residents.
- Branches: Currently, Cash Express does not have branches in other cities.
- Contact Information: For inquiries and support, you can reach Cash Express at the following contact details: +63 919-073-7629, +63 917-163-3690, or email: [email protected].
LoanSolutions PH
Established in 2014, LoanSolutions PH is a highly reputable lending company in Legazpi. It is an SEC-registered online platform that has served over 150,000 Filipinos, offering a convenient and digital lending experience. With LoanSolutions PH, you can connect with over 20 verified lenders without the need to visit physical stores.
Loan Features:
- Loan Types: Home, auto, and personal loans.
- Loan Amount: Ranging from PHP 20,000 to PHP 2,000,000.00.
- Processing Time: 5 to 10 working days.
- SEC Registration: available.
- Loan Duration: Flexible options from 3 months to 3 years.
- Annual Percentage Rate (APR): Falls within the range of 15% – 20%.
Requirements:
- Age: 21 – 65 years old.
- Employment: Minimum of 1 year in employment.
- Income: Monthly income of PHP 18,000 or above.
- Documents: Two 2×2 pictures, two valid IDs, and the latest utility bill.
Location and Contact Details:
- Address: Unit 118, Sycamore Tower, The North Grove, Camarin Road, Caloocan City, Philippines, 1400.
- Contact: +63 917-800-5626.
LoanSolutions PH provides a reliable and accessible platform for borrowers to connect with multiple lenders, ensuring a seamless lending process for individuals in need of financial assistance.
Top OFW Lending Companies in Legazpi
Digido
Digido is a reputable online lender in the Philippines that offers loans of up to PHP 25,000, specifically for family members of OFWs. The repayment period is 30 days with a daily interest rate of 1.5%, and approved payment options are available for convenience.
Legal Details:
- Address: Units P107003R, P107007R, P107008R, Level 7 Cyberpark Tower1, 60 Gen. Aguinaldo Ave., Cubao, Quezon City, Philippines 1109.
- Contact: (02) 8876-84-84 or email [email protected].
- SEC registration: available.
Eligibility and Requirements:
- Filipinos aged 21-70 with valid IDs.
- Additional documents required include a copy of their Visa, proof of overseas employment, and proof of remittance.
- Digido also offers financial assistance for individuals with bad credit histories or who are blacklisted.
Loan Products:
- Business loan
- Salary
- Loan for Filipinos with bad credit
- Personal
- Emergency
- Loan for unemployed Filipinos
- Cash loan
- Short-term loan
- Loan for the Blacklisted
PJH Lending Corporation
PJH Lending Corporation serves OFWs and Filipino residents with financial services. They offer OFW loans and cash loans with low-interest rates and no collaterals required. Loan amounts depend on the applicant’s financial strength, and approvals are typically granted within 24 hours. The repayment term for loans ranges from 2 to 12 months.
Loan Products:
- Cash loan
- OFW personal loan
Required documents for borrowers and co-borrowers include:
- valid ID
- 2 copies of a 2×2 picture
- birth certificate or marriage contract
- and the original copy of the most recent electric bill
- copies of Visa, OEC, contract, and plane tickets are also necessary for certain loan types.
Legal Information:
- Address: Unit 17, 18 & 21 Century Plaza Commercial Complex, Juana Osmeña St., Cebu City.
- Branches: in Cebu, Iloilo, Cagayan De Oro, Pampanga, Pedro Gil, and Ortigas.
- Contact: email [email protected] or (032) 2558669 and (032) 2550644.
- SEC Registration: available.
Kviku
Kviku is a leading provider of fast OFW loans, offering loan approval within 24 hours and convenient payment options. Their service is fully online, ensuring transparency and user-friendliness. Low-income customers can borrow as little as 500 PHP up to a maximum of 25,000 PHP, with a repayment period of up to six months.
Loan types offered:
- OFW loans
- personal loans business loans
- and long-term loans.
Requirements:
- Be a legal Filipino citizen aged between 20 and 55.
- Possess a valid government ID.
- Have a registered phone line.
- Complete the online registration process provided by Kviku.
Legal Information:
- Address: 18A Trafalgar Plaza, 105 H.V. Dela Costa Street, Salcedo Village, Makati City.
- Contact: For inquiries and support, you can reach Kviku via email at [email protected].
- Branches: they have offices available for in-person assistance.
- SEC Registration: available.
Lending Companies in Legazpi With Low Interest
Welcome Bank
Welcome Bank operates across 6 offices, offering a range of loan options to cater to different needs, such as business ventures, home purchases, and personal financial requirements. This lender is ideal for those who prioritize lower interest rates over immediate cash availability. Welcome Bank imposes a 3% processing fee on the loan amount and requires a comprehensive set of documents for verification.
Details:
- Loan Types: Personal, salary, business, auto loans.
- Loan Amounts: PHP 50,000 to PHP 1 million.
- Processing Time: Loans are typically processed within 1 day.
- Annual Percentage Rate (APR): Welcome Bank offers a competitive APR of 1.39%.
- Loan Duration: Repayment terms range from 12 to 36 months.
Requirements:
- Filipino citizenship.
- Age between 21 and 65 years.
- Minimum employment tenure of 1 year with a monthly income of at least PHP 25,000.
Legal Information:
- Address: 2/F Mezzanine Trends Plaza, F. Ramos St., Cebu City, 6000 Cebu, Philippines.
- Contact: +63 32 412 2660.
- Branches: in Quezon, San Fernando, Sta. Rosa, Cebu, Davao, Muntinlupa.
- SEC Registration: Welcome Bank is registered under SEC.
PesoRedee
PesoRedee is a fintech company that offers fast and convenient financial assistance to Filipino citizens. The first loan with PesoRedee is interest-free, ranging from PHP 1,000 to PHP 7,000. However, it must be repaid on the first payment date. Repeat customers who maintain a good standing can borrow up to PHP 30,000 at a fixed monthly rate of 11.9%.
Loan requests are typically approved, and funds are deposited within minutes. Borrowers can repay the loan within a period of 3 to 6 months and have the option to apply for a 14-day extension if needed. You can apply online or through their mobile app, available only for Android devices.
Loan Application:
- Age between 22 and 70 years old.
- Employment and residence in the Philippines.
- Valid identification.
- Active bank or e-wallet account.
Legal Details:
- Address: Unit 204 Pacific Center Condominium, 33 San Miguel Ave, Brgy. San Antonio, Pasig.
- Contact: [email protected].
- SEC Registration: available.
Alano and Sons Credit Corporation
Alano and Sons Credit Corporation offers various loan packages to eligible customers. They boast a team of professionals who guarantee efficient customer support.
Legal Details:
- Branches: Alano and Sons Credit Corporation has 37 locations across the Philippines.
- Address: Ground Floor, VJA Building, Corner Burgos, San Juan Street, Barangay 10.
- Contact: (035) 432–7197, 0950 455 9191, and 0956 139 8600.
- SEC Registration: available.
Loan Packages:
- Alano and Sons Credit Corporation provides salary and pension loans at competitive fixed interest rates.
- Loan amounts and corresponding interest rates are determined based on individual applications.
Requirements:
- recent payslip
- certificate of employment
- latest electric or water bill
- bank statement
- and pension slip.
FAQ on Lending Companies in Legazpi:
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Is private lending legal in Legazpi?
Yes, private lending is permitted in the city as long as the lender is registered with the Securities and Exchange Commission (SEC). It is important to ensure that the lender you choose is authorized and licensed by the SEC to avoid any legal complications.
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How can I get a loan from a lender in Legazpi?
To obtain a loan from a lender company in Legazpi, you can visit the lender’s preferred website, complete the application form, and await approval. However, before entering into any loan agreement, it is crucial to carefully review the repayment schedule, interest rates, and additional fees.
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Can you get a loan for 3 months in Legazpi?
Certainly, it is possible to obtain a loan for a duration of 3 months. The availability of this loan term depends on the specific offerings of different lenders. It is advisable to conduct research and compare various lenders to find one that provides a 3-month loan option.
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What is the largest financing company in Legazpi?
The largest financing company in Legazpi is Digido. They are renowned for their quick and straightforward application process, with most approvals being granted within 24 hours. Additionally, Digido offers financial education to its clients, empowering them to make well-informed decisions regarding their finances.
