Top 10 Online Loan Providers in the Philippines 2023

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When looking for an online loan provider, it’s important to consider various factors to ensure that you find the best option for your needs. One of the key factors to consider is the loan amount that you need. Some providers may have a minimum or maximum loan amount, so it’s important to find a provider that can meet your specific loan requirements.

Another important factor to consider is the interest rate and fees associated with the loan. As mentioned earlier, the effective interest rate (EIR) of personal loans in the Philippines can range from 10% to 15%. It’s important to carefully review the terms and conditions of each loan provider to ensure that you are aware of any fees or charges that may be associated with the loan. Some providers may charge processing fees, while others may offer loans with no processing fees at all.

Repayment terms are also an important consideration. Some providers may offer flexible repayment terms that allow you to pay back the loan over a longer period of time, while others may require repayment in a shorter time frame. It’s important to choose a loan provider that offers repayment terms that work for your financial situation and budget.

Another factor to consider is the speed of loan approval and disbursement. If you need funds quickly, it’s important to choose a provider that offers fast loan approval and disbursement. Some providers may be able to approve and disburse funds within the same day, while others may take longer.

It’s also important to consider the overall reputation and track record of the loan provider. Look for reviews and feedback from other customers to get an idea of their experience with the provider. Choose a provider that has a good reputation for customer service and transparency.

With these factors in mind, here is a table summarizing some of the top online loan providers in the Philippines in 2023, along with key information about each provider:

Loan Provider Loan Amount Interest Rate Processing Fee Repayment Terms Approval Time
Finbro Online Loan Up to ₱50,000 Not disclosed None for first loan Flexible Within 24 hours
MoneyCat ₱500 – ₱20,000 145% APR Not disclosed Flexible Within 24 hours
Tala App ₱1,000 – ₱15,000 Not disclosed Not disclosed Flexible Within 24 hours
PesoCash Up to ₱10,000 Not disclosed Not disclosed Flexible Within 24 hours
Online Loans Pilipinas (OLP) ₱1,000 – ₱20,000 Not disclosed 0% Flexible Within 24 hours
MoneyTree Quick Loan ₱2,000 – ₱10,000 Not disclosed Not disclosed Flexible Within 24 hours
Flashcash ₱1,500 – ₱20,000 Not disclosed Not disclosed Flexible Within 24 hours
Robocash PH (now DiGiDo) Up to ₱10,000 Not disclosed None for first loan Flexible Within 24 hours
My Cash ₱2,000 – ₱10,000 Not disclosed Not disclosed Flexible Within 24 hours
Juanhand App Up to ₱10,000 Not disclosed Not disclosed Flexible Within 24 hours


In summary, online loans are an excellent option for individuals looking for quick and convenient financial assistance in the Philippines. With online loan providers accessible 24/7, you can apply for loans at any time of the day, making it easier to deal with unexpected expenses. 10 online loan providers listed above will allow you to choose the best option for your needs, budget, and repayment terms. Remember to always review the terms and conditions carefully and compare different providers to find the best loan option for you.

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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 April 12, 2023