MulaLending – Loan details
Online loans up to ₱50,000 for various needs
Loan amount
₱1K – ₱50K
Interest from
61.00%
Term
61 – 365 months
Approval
24 hours
Pros
- ✓ Decent loan amounts up to ₱50,000
- ✓ 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
- ✗ Short loan terms may result in higher monthly payments
- ✗ Interest rates higher than traditional bank loans
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.