Lonify – Loan details
Online loans up to ₱20,000 for urgent needs
Loan amount
₱1K – ₱20K
Interest from
65.00%
Term
30 – 90 months
Approval
24 hours
Pros
- ✓ Small loan amounts starting from ₱1,000 – ideal for short-term needs
- ✓ Fast same-day approval (24 hours)
- ✓ Fixed interest rate makes repayment planning straightforward
- ✓ Fully digital application – no branch visit required
Cons
- ✗ High interest rate – best used for short-term emergencies only
- ✗ Lower maximum loan amount may not cover larger expenses
- ✗ Short loan terms may result in higher monthly payments
Requirements
- Valid government-issued ID (SSS, GSIS, PhilHealth, driver's license, or passport)
- Active mobile phone number registered in your name
- Active bank account or e-wallet (GCash or Maya) for loan disbursement
- Age requirement: 21-60 years old
This document is for informational purposes only. Always verify current terms and conditions directly with the lender before signing any agreement. CoolFinance.ph is an independent comparison portal operated by double technology s.r.o., Czech Republic.