Discover comprehensive information about Crezu loan in the Philippines through this review. Learn about its functionality, advantages, requirements, interest rates, and the process of applying for and repaying a loan within the app. Additionally, MrCashLoanPH will address the legitimacy of Crezu loan. Continue reading to find answers to these questions and more.
Loan type
Short termFor a period of
728 daysRate ()
365.00% / yearLoan amount
25000 ₱Approval in
5 minutesFirst loan free
no
Loan type
Short termFor a period of
180 daysRate ()
0.00% / monthLoan amount
20000 ₱Approval in
5 minutesFirst loan free
no
Loan type
Short termFor a period of
180 daysRate ()
0.00% / monthLoan amount
25000 ₱Approval in
5 minutesFirst loan free
no
Loan type
Short termFor a period of
180 daysRate ()
0.00% / dayLoan amount
25000 ₱Approval in
15 minutesFirst loan free
no
Loan type
Short termFor a period of
180 daysRate ()
0.00% / dayLoan amount
25000 ₱Approval in
15 minutesFirst loan free
noOverview of Crezu Loan in the Philippines
| Feature | Details |
|---|---|
| Review | Crezu Loan Philippines |
| Loan Amount | ₱1,000 – ₱25,000 |
| Age Requirement | 18 – 70 years old |
| Loan Term | 61 – 120 days |
| Initial Interest Rate | 0% for first-time users |
| Eligibility | Filipino citizenship |
| Pros | Rapid loan processing |
| Cons | Short payment term |
| Registration Guide | Online registration in the Philippines |
| Accepts Bad Credit | Yes |
| Legitimacy | Confirmed |
| Efficiency Rating | Good |
| App Download APK | Link here |
| User Feedback | Positive |
| [email protected] | |
| Contact Number | +63 2 0533 0678 |
Unveiling Crezu Loan
Crezu stands as a unique loan comparison website, facilitating Filipinos in discovering the most suitable online loans. By simply completing a straightforward form, users receive multiple loan offers from various lenders within minutes. The loan amount spans up to ₱25,000, with repayment terms ranging from 61 to 120 days.
Legitimacy of Crezu Loan
Yes, Crezu is a legitimate company operating within the legal framework of the Philippines. Despite lacking SEC registration as a lender, Crezu PH is a platform connecting borrowers with lenders, ensuring a lawful operation.
Advantages of Crezu Online Loan
- Credit History Flexibility: No credit score check or collateral required.
- 0% Interest for First Loan: Many partners offer a zero-interest microloan for new clients.
- Rapid Disbursement: Quick processing connects you with the most suitable lender almost instantly.
- Comparison Convenience: App displays interest rates, terms, and conditions of each loan offer.
- Secure Data Handling: Encryption safeguards personal information, not shared without consent.
- 24/7 Accessibility: Online service available anytime, anywhere.
- Free Service: No fees for submitting a loan request.
Drawbacks of Crezu PH App
- Limited Loan Amount: The cap may not suffice for those requiring substantial funds.
- Short Payment Term: Only 120 days (4 months).
- Intermediary Role: Crezu merely connects borrowers with lenders, resulting in varied loan terms and conditions.
Crezu Loan Requirements
To qualify for a Crezu loan, applicants must:
- Be a Filipino citizen with legal residency.
- Fall within the age range of 18 to 70.
- Provide a valid phone number.
- Possess an active bank account.
Crezu Loan Interest Rate
Crezu PH connects users with lenders offering interest rates ranging from 12% to 36% APR. First-time customers enjoy a special offer of a 0% interest on their initial loan.
Crezu Fast Loan Interest Calculator Example
For instance, if you borrow ₱15,000 for 3 months at a 20% annual interest rate, your monthly payment would be ₱5,250.5, resulting in a total repayment of ₱15,751.5.
How to Register for a Crezu Loan Application
Follow these steps to apply for a Crezu loan:
- Visit the CREZU Website.
- Choose the desired loan amount.
- Fill in personal information accurately.
- Select a suitable loan offer from the matched lenders.
- Confirm and receive SMS or email confirmation.
Repayment Process on Crezu App
Choose from three payment methods: bank transfer, e-wallet, or cash payment at partner outlets like 7-Eleven or Cebuana Lhuillier.
Crezu Loan Contact Details
Contact Crezu customer service through phone or email:
- Company: Fininity Ltd.
- Headquarters: Tartu Street 52/1-166, 10115, Tallinn, EE.
- Philippines Address: 9th Floor, The Plaza Building, Paseo de Roxas, Makati City.
- Contact Number: +63 2 0533 0678
- Email: [email protected]
Comparing Crezu Loan App to Other Apps in the Philippines
| Criteria | Crezu PH | SosCredit PH | Kviku Loan PH |
|---|---|---|---|
| Loan Amount | ₱1,000 – ₱25,000 | ₱1,000 – ₱25,000 | ₱1,000 – ₱25,000 |
| Term | 61 – 120 days | 3 – 12 months | up to 180 days |
| Age | 18 – 70 years old | 20 – 70 years old | 20 – 55 years old |
| Interest Rate | 12 – 36%/year | 143% – 180%/year | 0.16%/day |
| Bad Credit History | Accept | Accept | Reject |
| Approval Time | 5 minutes | 5 minutes | 15 minutes |
FAQs – Crezu Loan App Review in the Philippines
Is Crezu SEC Registered?
Crezu doesn’t need SEC registration as it’s a service, not a lender.
Can I Get a Crezu Online Loan with Bad Credit?
Yes, Crezu connects borrowers with lenders accommodating various credit profiles.
Does Crezu Charge Fees to Submit a Request?
No, the service is free.
In Conclusion – Choosing Crezu Loan Philippines
In this comprehensive review, we’ve explored the nuances of Crezu’s online lending service in the Philippines. The decision to opt for Crezu depends on individual needs and preferences. If you seek swift access to a modest sum with a stable income, Crezu’s online loan proves to be a viable choice. For further queries or feedback, feel free to leave a comment below. Thank you for your readership!