If you want to make online purchases but don’t have enough cash, you can get an installment loan online. However, it is important to choose a lender that offers low interest rates and flexible terms.
Here are some of the top lending apps in the Philippines that offer easy loans with monthly payments. These lenders make it easy for borrowers to apply for a loan, even if you don’t have a credit card.
1. UnaCash
UnaCash is an online loan application that provides Filipinos with a convenient way to borrow money. It offers competitive interest rates and a simple application process, and it also has an excellent customer service team that is always available to help you with any questions or concerns.
The application process is easy and quick, so you can get a loan in minutes. UnaCash also offers flexible repayment options, so you can choose a plan that fits your needs.
Unlike other loan apps, UnaCash does not require any collateral. This means you can get a loan even if you have bad credit.
This makes it a great option for people who need quick cash but don’t want to worry about losing their property. It also has a low interest rate, which can save you a lot of money over the course of your loan.
While there are a lot of different online loan apps available in the Philippines, each one has a unique best loan app Philippines 2023 set of features and benefits. You need to choose an app that suits your financial situation and preferences, so it’s important to do your research before making a decision.
If you’re looking for an online loan with monthly payments philippines, UnaCash is one of the best choices. Its easy-to-use application and flexible payment terms make it a popular choice for many Filipinos.
The app is free to download and use, and it has a number of different payment methods. You can use it to pay for your online purchases, airtime top-ups, and more. It also has an AutoPay feature to help you avoid late payments.
UnaCash is a legitimate online lending app, and it’s SEC registered. This means that it operates legally in the Philippines and passes all required inspections by the government.
In addition to offering loans, UnaCash also has a range of other financial services. For example, it can help you pay your bills online, and it also has a social media platform that allows borrowers to interact with other users.
UnaCash is a great way to borrow money, but it’s important to take the time to research and compare your options before you decide to sign up for a loan. It’s also a good idea to ask for a loan quote before you apply, so you can make sure you’re getting a fair deal.
2. BPI Mobile
BPI Mobile offers a complete and seamless banking experience that you can access at any time, from anywhere. Whether you want to check your account balance, transfer funds between different accounts, or pay bills, this app can help you do all of that and more.
The BPI Online website and mobile app have a range of safety features to keep your money safe from hackers and other unauthorized users. These include an OTP (One-Time PIN) sent to your phone number, security alerts when someone else logs in, and a temporary blocking feature for your debit card.
Moreover, you can change your password every one to three months to ensure that no one else has access to your account. This is especially important if you use your BPI Online account to send or receive payments from other people.
You can also use your Mobile Key to sign transactions faster and more securely than using an OTP. This tool has become a popular option among Filipinos, as it allows them to sign transactions on the go and avoid the need to go to the bank or other financial institutions for approval.
Aside from its mobile app, BPI also has a number of ATMs across the country to cater to your everyday banking needs. With these, you can deposit cash directly into your bank account without paying a 2% cash-in fee on top of your transaction amount.
If you are a high net worth Filipino, you can get more from your bank by becoming a BPI Preferred client. This gives you access to a team of BPI experts who will work with you to ensure that your money is managed and secured.
This team includes a Relationship Manager who is an expert in helping you with your personal and business goals, along with an Executive Account Manager. You can even enjoy exclusive promotions and discounts.
In addition, BPI’s mobile app is equipped with a Transfer-to-Anyone feature that lets you transfer money to any other BPI user who has the BPI Express Mobile application installed on their smartphone or tablet. This is particularly useful when you need to make a transfer to someone who does not have a BPI account yet.
3. Lumina Homes
Lumina Homes is an award-winning affordable housing developer that provides Filipinos with quality homes in key locations across the Philippines. Its efforts have been recognized by many organizations, including Pag-IBIG Fund and web-based community marketplace Carousell.
It also offers online financing options to aspiring homebuyers who want to take out a loan but cannot get one from banks or pag-ibig housing loan companies. These are available through credit cards powered by PesoPay, digital wallets like GCash and AllEasy, and trusted online banking options!
Through Lumina e-Services, home seekers and buyers can easily search for houses and lots in the brand’s portfolio and make payments safely and conveniently online. Its partnerships with national bank players ensure secure online transactions while virtual home and subdivision tours help you get an idea of the property’s features.
By listening well to the needs of its target market, Lumina has adapted to the changing characteristics that Filipino families look for in a house. These include two-storey houses and lots with bigger room provisions, wider spaces, better ventilation, and healthy community amenities.
To cater to this new demand, Lumina has started converting its developments to provide more inventory for economic houses and lots. These include the Emery and Eliza models, which are upgraded bungalow homes with painted fences and steel frame gate, ready bedrooms, ceramic tile flooring, and additional bathroom fixtures.
Moreover, Lumina Homes is offering its clients a way to move-in sooner through the ‘Rush Your Move’ promo! Through this scheme, a client can save as much as P168,000 for a two-storey house and lot, if they pay their down payment in just two months.
This is possible through the Lumina Homes e-Services platform, which is accessible to every home buyer through their computer or mobile device. Using this platform, you can check out different house and lot models and avail of discounts on house and lot packages. You can also make a reservation through the Lumina Homes website or call its sales and marketing team to learn more about their projects.
Lumina Homes is committed to building master-planned communities where families can thrive and enjoy all the perks of homeownership in affordable housing. The company focuses on developing neighborhoods that are adjacent to schools, business centers, hospitals and transportation hubs. It also prioritizes a healthy and safe living environment to ensure that all its residents are able to lead happy and fulfilled lives.
4. Digido
Getting a loan from Digido is a fast and simple way to get cash. It is a convenient alternative to going to the bank, and it is especially useful for people who do not have formal banks. The process of applying for a loan is fast and easy, and you can have the money in your account within a few minutes after your application has been approved.
This company is a legitimate lender, registered with the Securities and Exchange Commission as Digido Finance Corporation. They offer quick online loans to Filipinos at 0% interest for first-time borrowers and 1.5% daily interest for repeat customers.
To apply for a loan, you will need your government ID card and a mobile phone number. You will also need to answer a few questions about your employment and monthly income.
Once you have completed the form, you will receive an SMS with a code that you will need to enter in the “Code from SMS” field and press the “Confirm” button. Once you have done this, the Digido will check your documents and will provide you with the loan amount and the terms of repayment.
Another benefit of having Digido as your online loan with monthly payments philippines is that you can apply for a loan anytime, even outside the usual office hours or during weekends and holidays. This is much more convenient than trying to find a bank during these hours, which can be difficult.
Moreover, Digido offers more favorable terms and discounts on the amount of the loan. This means that you will not have to pay higher interest rates and fees compared to other lenders.
If you are a new user of Digido, you can request up to PHP 25,000 for your first loan. The maximum credit limit increases as you become a regular customer.
It is important to keep your personal information safe. It is not recommended to give copies or photos of your documents to third parties. This can be dangerous since you may be exposing yourself to identity theft.
Digital dependency is on the rise, and this has made online lending platforms more accessible to many people. Digido is one of the few companies that offer an online portal that is completely automated and innovative.
