Finbro Loan Reviews – Online Lending Company Philippines

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Finbro is an online lending company operating in the Philippines that provides personal, business, and seafarer loans. It is dedicated to making it easy for every Filipino to avail of loans and offers a hassle-free online application process. In this review, we will take a closer look at the services provided by Finbro, along with its pros and cons. We will also discuss the requirements for obtaining a loan from Finbro, including how to apply for a loan and how to repay it.


Mazilla Loan

Loan type

Short term

For a period of

728 days

Rate ()

365.00% / year

Loan amount

25000 ₱

Approval in

5 minutes

First loan free

no
MoneyCat Loan

Loan type

Short term

For a period of

180 days

Rate ()

0.00% / month

Loan amount

20000 ₱

Approval in

5 minutes

First loan free

no
Zaimoo Loan

Loan type

Short term

For a period of

180 days

Rate ()

0.00% / month

Loan amount

25000 ₱

Approval in

5 minutes

First loan free

no
Binixo Loan

Loan type

Short term

For a period of

180 days

Rate ()

0.00% / day

Loan amount

25000 ₱

Approval in

15 minutes

First loan free

no
Digido Loan

Loan type

Short term

For a period of

180 days

Rate ()

0.00% / day

Loan amount

25000 ₱

Approval in

15 minutes

First loan free

no

Why Use Finbro Online Loan in the Philippines

Benefits:

Finbro offers several benefits, including a convenient online application process that allows borrowers to apply for a business loan and receive approval on the same day. The company provides loans from several lenders, including UnionBank of the Philippines, Esquire Finance Inc., Zenith Capital Credit Group, and Right Choice Finance Inc., with a maximum loan amount of P20 million.

Finbro also offers a wide variety of services, including the option to sell unwanted items such as gold, platinum, designer bags, and gadgets for cash. Additionally, it provides fast loans in 15 minutes with the lowest interest rates in the country.

Disadvantages:

While online lenders in the Philippines have many benefits, there are some disadvantages to consider. For instance, Finbro is not a regulated company and does not possess an official certificate of authority. Thus, borrowers may face legal issues such as credit check and fraud.

Also, the company operates online and does not have a physical location in the Philippines, making it more difficult for them to conduct business in the country.

About Finbro

Overview:

Finbro is a reputable financial institution in the Philippines that offers various loan products to individuals in need of financial assistance. It provides personal, business, and seafarer loans and helps borrowers understand and fulfill the necessary requirements for obtaining a loan. Meeting the requirements is only the first step in the loan application process; Finbro will also evaluate your creditworthiness and repayment capacity before approving your loan. To apply for a loan, one must register on the Finbro website, confirm by email, and submit IDs.

Finbro Requirements:

To help you understand the requirements for obtaining a loan from Finbro, we have compiled the following information. Borrowers must be of legal age, typically 20 years old and above, to be eligible for a loan from Finbro. You will need to provide a valid government-issued ID, such as a passport, driver’s license, or Social Security System (SSS) ID. Finbro requires proof of income to assess your repayment capacity, which can include recent payslips, income tax returns (ITR), or a certificate of employment. You will need to provide a proof of address, such as utility bills, bank statements, or any document that displays your current residential address. You may also be required to provide information about your current employment or business, including your job position, employer or business name, contact details, and length of employment or operation. Lastly, you will need to provide your contact information, including a valid phone number and email address.

How to Repay Finbro Loan in the Philippines

Repaying your Finbro loan in the Philippines is a straightforward process. Once approved, a repayment schedule will be provided outlining the due dates for your loan installments and the corresponding amounts. You can typically choose from options such as bank deposit, online banking, over-the-counter payments, or mobile payment platforms. It is crucial to adhere to the repayment schedule and make your payments on or before the due dates. Late payments may result in additional fees and charges and could potentially affect your credit standing. Consider early repayment if you have the means to do so and keep your contact information updated for communication purposes throughout the loan application process.

Pros and Cons

Finbro has several pros and cons. Its benefits include a fast and convenient loan application process with flexible loan amounts and competitive interest rates. It also has easy eligibility criteria, making it accessible to a wider range of individuals. Additionally, it allows borrowers to apply for loans online, eliminating physical paperwork and saving time and effort. Some cons to consider include limited loan terms compared to other lenders, late payment charges, and a potential risk of overborrowing if borrowers do not exercise responsible borrowing practices.

Online application in Finbro

Applying for a loan with Finbro can be done through an online application process. Borrowers can apply for a personal loan of up to PHP 15000, which can be repeated up to PHP 50000. To qualify, applicants must have a valid government-issued ID, payslip, company ID, and bank account details. Once approved, the money is deposited into the borrower’s bank account within hours. Applicants can choose the term and amount of the loan, and submit a valid ID and a selfie.

Conclusion

Finbro is a reputable online lending company in the Philippines that provides personal, business, and seafarer loans. It offers several benefits including fast and convenient loan application processes, flexible loan amounts and competitive interest rates. While there are some disadvantages to consider, it remains a trusted source for a cash loan in the Philippines. By meeting the requirements and exercising responsible borrowing practices, borrowers can increase their chances of securing a loan and achieving their financial goals.

5/5 - (10 votes)

7+ Fast Loans Online in the Philippines - First 0% loan in 15 minutes

Finloo Loan

Loan type

Short term

For a period of

180 days

Rate ()

0.00% / month

Loan amount

25000 ₱

Approval in

5 minutes

First loan free

no
Mazilla Loan

Loan type

Short term

For a period of

728 days

Rate ()

365.00% / year

Loan amount

25000 ₱

Approval in

5 minutes

First loan free

no
MoneyCat Loan

Loan type

Short term

For a period of

180 days

Rate ()

0.00% / month

Loan amount

20000 ₱

Approval in

5 minutes

First loan free

no
Zaimoo Loan

Loan type

Short term

For a period of

180 days

Rate ()

0.00% / month

Loan amount

25000 ₱

Approval in

5 minutes

First loan free

no
CashSpace Loan

Loan type

Short term

For a period of

120 days

Rate ()

0.00% / month

Loan amount

25000 ₱

Approval in

5 minutes

First loan free

no
Binixo Loan

Loan type

Short term

For a period of

180 days

Rate ()

0.00% / day

Loan amount

25000 ₱

Approval in

15 minutes

First loan free

no
Digido Loan

Loan type

Short term

For a period of

180 days

Rate ()

0.00% / day

Loan amount

25000 ₱

Approval in

15 minutes

First loan free

no
mr.cash loan Changed status to publish June 15, 2023