What happens if the loan is not paid off
In the event that a payment of the loan or loan interest is overdue, the creditor is forced to apply an overdue fee. These fees are applied if, for example, a bank transfer takes longer than usual. However if you do not respond for a long time, an overdue fee will be charged in the amount, on average, of 0.10% of the initial loan amount and, on average, 0.03% of the amount of consumer loans and credit cards. If you fail to comply with the terms of the loan, your information may be submitted to a credit rating agency, which may adversely affect your credit history and credit rating. The amount owed may be submitted to a debt collection agency for debt collection. A loan extension may not be granted if the amount is past due. When you pay your loan on time, you build a good credit history, which improves not only your credit rating but also your chances of better loan offers in the future.
7+ Fast Loans Online in the Philippines - First 0% loan in 15 minutes
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
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
120 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
no