Lending Companies in Mantampay
The loan is a convenient financial tool used by people all over the world. This is a kind of financial relationship between two parties, when one offers money, and the other promises to return it within a specified period with interest.
The opportunity to take out a Mantampay loan is beneficial when you do not have enough own funds. It allows us to cover urgent expenses. When taking a loan, you need to specify the purposes for which it is needed. Most often, personal loans are used as financial assistance for the purchase of household appliances, building materials, cars, payment of educational courses, utility bills, medical services, home repairs, etc.
| 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 |
Top 3 Legit Online Lenders
Consider the characteristics of online companies that provide high-quality loan services in the Philippines, particularly Mantampay, Iligan City.
Vidalia
Vidalia Lending Corp. is an online lending company founded in 2008, regulated by the Securities and Exchange Commission (SEC). The main office is located at Unit 601 Summit One Tower #530 Shaw Boulevard Mandaluyong City, 1552 Metro Manila Philippines. The phone number for contacting the lender: +63 25342556. Website for placing a loan application: www.vidalia.com.ph.
The list of financial services provided by Vidalia is quite diverse. It offers personal loans, business loans, small business loans, salary loans, e-commerce loans, etc. The advantage is that you can apply online in just a few minutes. A convenient mobile app makes the management of borrowed funds as efficient as possible. In addition, the company offers 2-12 months repayment terms, has fixed regular payments, and no hidden fees. Requirements for borrowers are minimal: Filipinos aged 20-60, 2 valid IDs, and proof of billing. Payment options are varied.
Digido
This is another online SEC-registered lending company that deserves your attention. It was founded in 2021 and is headquartered in Quezon City, Quezon City, Philippines. You can contact the lender by calling (02) 876-8481 or visiting the website https://digido.ph/.
The interface of the company’s website is very simple and straightforward. All critical information is represented on the main page. Finding and filling out the application form is easy. The key feature of Digido is that it provides instant loans. However, the amounts are small (₱10,500 – ₱25,000), and the payment terms are short (up to 180 days).
Who is eligible to apply for a loan from Digido? These are Filipino residents aged 21-70 who are employed individuals.
AEON Credit Service
AEON Credit Service is an SEC-registered financial company founded in 2013. The head office location: 3rd Floor Hanston Square, 17 San Miguel Avenue Ortigas Center, Pasig City 1605. Metro Manila, Philippines. The contact number of the company is +63 2 8631 1399.
This online lender offers installation loans to purchase various consumer products such as home appliances, electronic products, furniture, etc. Payday loans and personal loans are also available. AEON Credit Service differs from other lenders by low interest rates and minimum requirements for borrowers. To qualify for a loan, you just need to have a stable income and provide at least 1 valid government-issued ID. No collateral is required. The repayment period varies from 6 to 60 months.
Comparative Analysis of Loan Amounts and Interest Rates
Each of the companies listed above is trustworthy. If you experience financial difficulties, you can contact any of them and get support. The following table will help you decide which lender is best for you.
| Lending Company | Loan Amount | Interest Rate |
| Vidalia | ₱5,000 – ₱500,000 | 4% – 6% |
| Digido | ₱10,500 – ₱25,000 | 11.9% |
| AEON Credit Service | ₱6,000 – ₱150,000 | 2.25% |
Therefore, Vidalia is an excellent choice if you need a large loan amount. If you want to get the lowest interest, AEON Credit Service is for you. Digido offers high amounts and short repayment terms, but the money can be received instantly, and the requirements for borrowers are simple.
Top OFW Lending Companies in Mantampay
If you are looking for OFW loan companies, be sure you can find them. There are a large number of online and land-based organizations in the Philippines that offer OFW and seaman loans to Filipinos:
- 123 Lending Corporation;
- Global Dominion Financing Incorporated;
- C And L Lending Company Inc;
- Nfinit Lending Corporation;
- Zazu Lending Investor Corporation;
- Asialink Finance Corporation;
- PJH Lending Corporation, etc.
The top 3 OFW Mantampay lending companies are PJH Lending Corporation, Asialink Finance Corporation, and C And L Lending Company Inc. Find their brief description below.
PJH Lending Corporation
PJH Lending Corporation PJH Lending Corporation is a well-known SEC-registered company in Mantampay with branches throughout the Philippines. It was founded in 1999 and is primarily focused on providing financial assistance to overseas Filipino workers and their families. If you wish to use the company’s loan products in Iligan City, Mantampay, visit its branch office at Abalos Building, Room 214 & 401, Aguinaldo St, Iligan City, Lanao del Norte, Philippines. Its contact phone number is +63 999 382 0414.
Loan amounts vary from ₱15,000 to ₱500,000,000. APR is 1.5%. The repayment term is 3-15 months. The requirements for borrowers are not extensive. However, it is important to provide the documents requested by the lender (2 pictures, valid ID, copy of passport, OEC, VISA & TICKET, marriage contract (if spouse), the latest electric bill, etc.) to get approval. Applicants with any credit score are considered.
Asialink Finance Corporation
Many overseas Filipino workers choose SEC-registered Asialink Finance Corporation because it has a variety of loan products and payment options. This lender has extensive experience in the lending industry. The company was founded in 1997 with headquarters in Pasig, Rizal, Philippines. Today, Asialink Finance Corporation has over 100 branches, one in Iligan City, Mantampay. It address is FKF Party Flaza Building, Quezon Avenue Extension, Villaverde, Iligan City, 9200 Lanao del Norte, Philippines. Its phone number is +63 917 574 6827.
OFW loans are issued on favorable terms. The maximum allowable amount is ₱250,000 with interest rates of 1.5%. Payment terms are up to 12 months. The majority of applicants are approved. The main thing is to fill out the form and provide supporting documents.
C And L Lending Company Inc
This is another well-known SEC-registered company in Mantampay, Iligan City, with a financial support program for overseas Filipino workers. Its address is FKF Party Flaza Building, Quezon Avenue Extension, Villaverde, Iligan City, 9200 Lanao del Norte, Philippines. Its phone number is +63 63 225 5110. C And L Lending Company Inc provides its OFW clients with amounts up to ₱ 100,000 with a low-interest rate (0.5%). The repayment terms – up to 12 months.
OFW lending is not a single financial service of the company. The lender also offers personal loans, payday loans, auto loans, business loans, home loans, etc. The credit rating of the applicant determines the available amount in this case. The higher the credit score, the higher the chances of getting the necessary amount of money at favorable interest rates.
In general, the requirements for applicants are simple and do not differ from those that other financial companies impose. The processing of applications takes 1-2 days.
Comparison of Loan Amounts and Interest Rates
Consider the table below.
| Lending Company | Loan Amount | Interest Rate |
| PJH Lending Corporation | ₱15,000 – ₱500,000,000 | 1.5% |
| Asialink Finance Corporation | ₱250,000 | 1.5% |
| C And L Lending Company Inc | up to ₱ 100,000 | 0.5% |
As we can see, the credit conditions for overseas Filipino workers are good. Choose a reliable lending company and get benefits!
Lending Companies in Mantampay With Low Interest
You are mistaken if you think that all financial institutions charge high interest rates for their financial services. In fact, many lenders are willing to provide loans at low interest, even to people with a low income. The top legit Mantampay companies with low interest are:
- C&L Lending Company Inc;
- Progressive Lending Corporation;
- PJH Lending Corporation;
- OCS Lending Inc.;
- Asset Credit And Loans Inc.;
- MEGAMITCH CREDIT INC;
- First United Financing Service Co.
- E.R. Lending Incorporated;
- Asialink Finance Corporation, etc.
Feel free to contact one of these organizations. Low interest from 0.5% to 3% please everyone.
FAQ on Mantampay Lending Companies
Is Mantampay private lending legal?
Private lending in Iligan City, Mantampay, is not prohibited by law. For many, this is an opportunity to quickly get cash without checking credit history and verifying creditworthiness. But it is important to be vigilant and remember that the risk of fraud is high in this case.
How can I get a loan from a Mantampay lender?
You need to follow a few simple steps to get a loan from a Mantampay lender. The first is to choose a reliable credit company. The second is to fill out a loan application. The third is to wait for the lender’s approval. The fourth is to get the necessary loan amount.
Can you get a loan for 3 months in Mantampay?
Mantampay lenders provide loans for a short period. So, be sure that you can borrow money for 3 months.
What is the largest Mantampay financing company?
PJH Lending Corporation is the largest Mantampay financing company. It has been operating in the Philippine financial market since 1999 and has many branches throughout the country.
