Lending Money

        Lending Money

Every time you borrow money from a cash lending company, there are certain requirements that you must meet. Granted, many online lending money companies don't have extremely stringent rules like many banks do but that doesn't mean that they will hand out loans without some kind of due diligence on their part.

₱30,000
Loan amount ₱5,000 - ₱30,000
Interest 0.8 %
Maturity 28 days

Fast information

Properties of this loan

  • Online loans up to ₱30 000
  • Term 28 days
  • Easy online application

Loan requirements

  • Valid government ID
  • Proof of income
  • Proof of billing
  • Must be 21 to 50 years old
  • A Filipino citizen
  • Has a regular source of living (employed, self-employed, or OFW/Seafarer’s Allottee)
  • Can comply with all the requirements for your application to be processed

About company

More information about the company Cash Mart Philippines

Borrow from ₱5,000 with interest from the 0.8 % Moread
₱50,000
Loan amount ₱5,000 - ₱50,000
Interest 30 %
Maturity 30 - 365 days

Fast information

Properties of this loan

  • Online loans up to ₱50 000
  • Term 30 - 365 days
  • Easy online application

Loan requirements

  • Filipino citizenship
  • Age from 18 years old
  • Credit history

About company

More information about the company Loan-Load FINANCE CORP.

Borrow from ₱5,000 with interest from the 30 % Moread
₱100,000
Loan amount ₱10,000 - ₱100,000
Interest 0.5 %
Maturity 180 - 365 days

Fast information

Properties of this loan

  • Online loans up to ₱100 000
  • Term 180 - 365 days
  • Easy online application

Loan requirements

  • Latest 1-month payslip
  • One (1) Government ID with 3 proof signatures
  • Company ID (Front & Back copy)

About company

More information about the company New Cross Credit Gate PH, Inc.

Borrow from ₱10,000 with interest from the 0.5 % Moread
₱15,000
Loan amount ₱2,000 - ₱15,000
Interest 20 %
Maturity 7 - 90 days

Fast information

Properties of this loan

  • Online loans up to ₱15 000
  • Term 7 - 90 days
  • Easy online application

Loan requirements

  • 18 + years old
  • Employed individuals and selected professionals
  • Filipino residents

About company

More information about the company Clarify Marketing PTY LTD

Borrow from ₱2,000 with interest from the 20 % Moread

        Lending Money

The good thing though is that these requirements can be met by pretty much anyone provided they find the right short-term loan company and enter the specified data in the correct manner.

Requirements Set Forth by Cash Lending Companies

Every cash lending company has its own set of requirements but there are some that are standard across the board. These include:

There are other companies that will need some kind of proof of income but not necessarily a payslip if the company lends to the unemployed. Even then, however, you will be required to prove to the company that you can repay the loan. 

How to Ensure Your Loan Application is Approved?

About 80 - 90% of everyone who applies for a loan with most online cash lending companies get approved. That still leaves a 10 -20% chance that your application will be denied. So what can you do to ensure that your loan application gets approved? Here are some steps that you can follow:

Keep in mind that every lender is different and while some may ask for a payslip or proof of income, there are those that will require you to provide some sort of security for the loan you need. Mostly these are things of great value such as your car, land title deeds and other personal properties that out-value the loan you want. 

Remember that if you choose a provider who needs this kind of collateral, you stand to lose whatever it is you put up should you fail to pay back the money given. Many lenders consider three missed payments as a defaulted loan and will begin the process of auctioning your property without notice to you.


Lending Money rating: 4.5/5 from 792 votes.
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