5+ Best Legit Online Loan Apps Philippines

List of Legit Online Lending Apps in the Philippines

In the Philippines, loan apps have become increasingly popular as they provide easy access to borrowing money through smartphones. This article aims to guide Filipinos in choosing the best online loan app that meets their financial needs. We will discuss important factors to consider, such as legality, eligibility requirements, loan terms, interest rates, security measures, customer support, usability, and more. Additionally, we will provide a list of legitimate online lending apps in the Philippines with low interest rates.

Factors to Consider when Choosing the Best Online Loan App Philippines

1. Legality and Registration

When selecting an online lending app, it is crucial to ensure its legality and registration. Reputable lending companies, like Digido, are registered and licensed by the Securities and Exchange Commission (SEC). To verify the authenticity of an online lending company, you can visit the SEC website and check if they hold the necessary license and registration.

2. Eligibility Requirements and Application Process

Before applying for a loan, you need to consider the eligibility requirements and application process. Online lending apps typically require basic personal information, such as your name, address, phone number, date of birth, and proof of income to assess your creditworthiness. However, it’s essential to verify the legitimacy and registration of the mobile app to avoid phishing or fraud incidents.

3. The Loan Amount and Repayment Terms

Lending companies specify the loan amount you can avail of, along with the repayment terms. The loan amount and repayment period should be clearly stated in the Disclosure Statement provided by the lending app.

4. Interest Rates, Fees, and other Charges

Transparency in interest rates, penalties, fees, and other charges associated with the loan is crucial. The lending app should clearly specify these details in the Disclosure Statement to avoid any hidden fees or charges.

5. Security and Privacy Measures

Ensuring the security and privacy of your personal and financial information is vital. Security refers to protection against unauthorized access, while privacy involves controlling how your data is used and preventing data breaches. Choose an app that prioritizes these aspects to safeguard your sensitive information.

6. Customer Support and User Reviews

Consider the quality of customer support provided by the lending app. Excellent customer service involves actively engaging with customers and addressing their needs promptly. User reviews also play a crucial role in assessing the app’s reliability and user experience.

7. Usability of the Application

The usability of the application determines how easily you can navigate and achieve your goals within the app. It encompasses factors like effectiveness, efficiency, and user satisfaction. Choose an app that offers a user-friendly experience to make the loan application process smooth and hassle-free.

List of Legit Online Lending Apps With Low Interest in the Philippines

When searching for legitimate loan apps in the Philippines, it’s essential to find trustworthy options that offer favorable terms. Here are some reputable online lending apps known for their reliability and competitive rates:

Loan Provider Description Interest Rate

Digido Philippines


– Highly rated and trusted cash loan app in the Philippines New Users: 0%

Online Loan App


– Offers loans up to Php 10,000 with 0% interest rate for first-time borrowers
– Application process is simple and straightforward
– High loan approval rate of 90-95%
Regular Customers: Php 25,000*

Tala App Philippines

– Legitimate app providing loans in the Philippines
– User-friendly interface and active social networks
– Regular updates on product offers and repayment options

MoneyCat App


– Legitimate app recognized by the Securities and Exchange Commission
– Free download and usage on Android devices
– Rated 4.5 stars overall by users
0.54% per day

BillEase Loan App

– Online shopping partner offering deferred payment option without a credit card.
– Simple application process and approval.
– Initial credit limit for purchases from 2,000+ merchant partners.
3.49% monthly

Cashalo App

– Fintech platform offering digital credit.
– Multiple financing products available, including Cash Loan, Lazada Loan, and Buy Now, Pay Later.
– No collateral required for loan qualification.
– Over four million users and registered with SEC.
– Loan payment terms up to 90 days.
Note: The information provided is subject to change. It is advisable to contact the respective lending companies directly for the most up-to-date information.

Digido Loans App: A Legitimate and Affordable Solution for Filipinos

Digido Loans App has emerged as one of the leading loan applications in the Philippines, providing immediate financial solutions during emergencies. With its customer-centered approach and minimal eligibility requirements, Digido has gained a reputation as one of the best loan apps in the country.

New customers who haven’t borrowed from Digido before can enjoy a 0% interest rate. They are eligible to borrow up to Php 10,000, while repeat borrowers can access loans of up to Php 25,000 for a maximum duration of 180 days*. The entire loan process with Digido takes less than 15 minutes, ensuring swift access to funds.


To cater to Filipino users, Digido has launched its Android app and has plans to release versions for iOS and HUAWEI devices in the near future. These apps offer convenient access to credit information and repayment schedules. Applying for online credit is a breeze, taking only five minutes, and the funds can be used for urgent needs. Digido’s app ensures hassle-free access to funds even on weekends and holidays, with immediate availability whenever required.

Digido understands the importance of building a credit history, especially for those new to the financial system. Their fast online payday loans with 0% interest help Filipinos in this endeavor, enabling them to meet their initial financial obligations and motivating them to secure better loans in the future. To obtain a loan, all you need is one major ID, and providing proof of income can increase your chances of fast approval.

For repeat borrowers with a satisfactory payment history, Digido offers installment loans. They also provide short-term loans for pensioners. With a loan approval rate as high as 90-95% (based on the borrower’s evaluation), Digido ensures a seamless borrowing experience.

Here are the advantages of borrowing money through the Digido online app:

  • Easy and convenient application process
  • Swift decision-making
  • Flexible lending process
  • Reduced transaction costs
  • Saved time and resources
  • Secure ePayment transactions
  • Transparent payment process
  • 24/7 accessibility
  • Improved interest rates
  • Enhanced customer comfort
  • Tailored promotional offers and discounts
  • Excellent after-sales support

To obtain a loan using the Digido mobile app, you need a stable internet connection, an active mobile phone, and a bank account. If you don’t have a bank account, Digido offers alternative ways to disburse loans, ensuring accessibility for all.

To be eligible for a loan through the mobile app, you must meet the following requirements:

Requirement Description
Citizenship Must be a Filipino citizen
Residency Must be a resident of the Philippines
Age Must be between 21-70 years old
Valid Government ID Must possess a valid government ID such as a driver’s license, passport, PRC ID, SSS ID, UMID, postal ID, and COMELEC voter’s ID
Active and Registered Mobile Phone Number Must have an active and registered mobile phone number in compliance with Republic Act 11934, otherwise known as the SIM Registration Act of the Philippines
Registration on the Lending Website Must be registered on the lending website
Steady Income Must have a steady income
Employment Must be officially employed for more than 3 months

It’s important to note that the specific requirements may vary depending on the lender, as each has its own criteria for loan approval, considering factors such as credit score, income, employment status, and age.

Digido’s primary focus is customer satisfaction, and they achieve this through:

  • Fast Loan Approval: With online lenders available 24/7, loan approval is possible anytime, including weekends and holidays. The approval rate can reach up to 95% based on the borrower’s creditworthiness.
  • Affordable Loans: Digido offers the first loan with a 0% interest rate and ensures complete transparency without any hidden fees or charges. When you need cash quickly, Digido is the right choice, providing loans in just 15 minutes.
  • Automated Service: Digido’s automated system evaluates loan applications, makes instant and unbiased decisions, and transfers funds seamlessly. This allows borrowers to compare loan terms from various lenders conveniently using their computer or smartphone without leaving their home or workplace.


This article is a product of the writer’s research and knowledge available at the time of publication. It is provided for promotional, reference, and educational purposes only. The information presented in this article should not be considered legal or financial advice, and readers are strongly advised to seek professional counsel from legal and financial experts.

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Therefore, users are urged to exercise due diligence when utilizing the data and information provided on the website, and it is recommended to cross-reference and compare it with other reliable sources. Users acknowledge that neither the writers, publishers, website owner, nor the Corporation can be held liable for any damages or injuries resulting from the improper or inaccurate use of the data or information presented in this article or on the website.

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