A quick loan made easy | Get the funds you need in no time

Compare and choose one of 6 lenders.

Digido.ph
0% for 7 days
0% up to 10 000
max 25 000
21 - 70
1 day
Credify.ph
Advantageous conditions
0% up to 10 000
max 25 000
20 - 70
1 day
Soscredit.ph
Fast and Easy
0% up to 10 000
max 25 000
20 - 70
15 min.
Cashexpress.ph
0% for first loan
0% up to 10 000
max 20 000
21 - 70
15 min.
Finbro.ph
0% for your 1st Loan
0% up to 15 000
max 50 000
20 - 70
10 min.
Moneycat.ph
The first loan for free
0% up to 20 000
max 20 000
22 - 75
15 min.

Information about lenders

Digido.ph - DIGIDO FINANCE CORP.

Address: Units P107003R, P107007R, P107008R, Level 7 Cyberpark Tower1, 60 Gen. Aguinaldo Ave., Cubao, Quezon City, Philippines 1109

Phone number: (02) 8876 84 84

E-mail: dpo@digido.ph

Max APR: 59.9%

Term: 62 days - 6 months

Age: 21 up to 70

Cost example: Loan of 11000 ₱ for 3 months, monthly payment 6350.67 ₱, total amount 19052 ₱, annual percentage rate APR 59.9%

Credify.ph - "CREDIFY"

Address: Philippines

Phone number: -

E-mail: info@credify.ph

Max APR: 795.7%

Term: 3 months - 1 year

Age: 20 up to 70

Loan of 5000 ₱ for 3 months, monthly payment 4936.67 ₱, total amount 14810 ₱, annual interest rate APR 795%.

Soscredit.ph - SOSCREDIT

Address: Philippines

Phone number: -

E-mail: info@soscredit.ph

Max APR: 180%

Term: 62 days - 1 year

Age: 20 up to 70

Cost example: Loan of 2400 ₱ for 3 months, monthly payment 870 ₱, total amount 2610 ₱, annual percentage rate APR 145%.

Cashexpress.ph - CASH-EXPRESS PHILIPPINES FINANCING INC.

Address: Level 10-1 One Global Place 25th Street Cor. 5th Avenue, Fort Bonifacio, Taguig City

Phone number: (632) 7902 73 90

E-mail: info@cash-express.ph

Max APR: 72.635%

Term: 62 days - 3 months

Age: 21 up to 70

Cost example: Loan of 1000 ₱ for 3 months, monthly payment 905.63 ₱, total amount 2716.9 ₱, annual percentage rate APR 72.635%.

Finbro.ph - SOFI LENDING INC.

Address: Unit 1405, East Tower, Philippine Stock Exchange Center, Exchange Road Ortigas, Pasig City

Phone number: 0 9624 09 24 54

E-mail: info@finbro.ph

Max APR: 180%

Term: 62 days - 1 year

Age: 20 up to 70

Cost example: Loan of 1000 ₱ for 12 months, monthly payment 95.83 ₱, total amount 1150 ₱, annual percentage rate APR 180%.

Moneycat.ph - MONEYCAT FINANCING INC.

Address: Unit 1708 Tektite East Tower, Exchange Road, Ortigas Center, Pasig City 1605

Phone number: 0968 874 7401, 0917 100 1747

E-mail: support@moneycat.ph

Max APR: 145%

Term: 3 months - 6 months

Age: 22 up to 75

Cost example: Loan of 2400 ₱ for 3 months, monthly payment 870 ₱, total amount 2610 ₱, annual percentage rate APR 145%.

What is a quick loan? 

Each of us may encounter unexpected situations that require not only a prompt solution but also additional finances. In such cases, a good solution can be a quick loan, as you can receive financial assistance: 

  • Rapidly: filling out the application and receiving a response takes just a few minutes. 
  • Conveniently: compare lenders online and receive the money in your bank account. 

This financial solution is one of the most popular among consumers as it helps obtain funds when needed, without worrying about long application processing times. 

How to choose the right quick loan? 

The сreditSMS.com loan comparison platform makes it easier to choose the most favorable loan by providing the best offers and essential information for decision-making, including: 

  • Loan amount 
  • Loan repayment period 
  • Annual interest rate 
  • Possible discounts 
  • Age restrictions 

All the information about quick loans in one place - explore and compare borrowing options from lenders! 

How much can I borrow? 

The loan amount mainly depends on the borrower's ability to repay. Lenders need to know if you can repay the full amount within the designated timeframe. 

Quick loan offers from non-banking institutions typically range from ₱1000 to ₱25000 and in some cases up to ₱50000. However, it's important to remember that quick loans usually have higher interest rates compared to other types of loans. That's why this type of financing is more suitable when you need a small sum for a short period. 

How quickly do I need to repay the loan? 

When choosing the loan repayment period, you should evaluate how quickly you can repay it. Always choose a repayment term that aligns with your desired amount! 

Lending institutions offer quick loans with repayment periods ranging from 62 days to 1 year. It's important to maintain a balance - borrowing ₱1000 for a year is likely, not feasible, but taking out the maximum loan amount for six months may not be advisable unless you plan to sell a car or property urgently.  

What is the annual percentage rate (APR)? 

When comparing loan offers, pay special attention to the annual percentage rate (APR). This parameter, expressed as a percentage by lenders, helps understand the costs associated with borrowing from a chosen lender. This rate does not include additional fees for services such as loan extension. 

The maximum APR offered by lenders currently reaches 180%. However, there is always a chance to find an offer with a lower rate, so be sure to analyze the offers before completing the application and signing the agreement. Additionally, new customers often receive offers with zero interest charges. 

What is a fee-free quick loan? 

Lenders who primarily deal with quick loans often develop special offers to attract new customers. 

A fee-free or interest-free quick loan allows you to borrow without any additional charges, at 0%. It's an excellent opportunity to borrow and repay the same amount! However, this offer is usually available only once for each borrower. You can take advantage of interest-free loans once from each lender. 

Keep in mind that this offer generally has a limited period, typically not exceeding 30 days. Therefore, it's best to utilize this option when you are confident that you can repay the amount within a month. 

How is a quick loan calculated? 

Suppose you take out a quick loan of ₱10000 at an annual interest rate of 36% for a duration of 3 months, making monthly payments of ₱3000. In that case, be ready to settle a total amount of ₱15000, resulting in an overpayment of ₱5,000. 

Who can apply for a quick loan?  

Financial institutions provide quick loans to: 

  • Citizens of the Philippines; 
  • Individuals aged 20 to 70; 
  • People with official income. 

However, the age requirement may vary among different lenders, so it's important to check this information when comparing offers. Under income requirements, not only salary but also allowances, scholarships, rental income, etc., are considered. 

When filling out the application, you will need to provide a phone number and/or email for communication and confirmation of the approved loan. It is crucial to have an account in one of the Philippine banks since funds are not transferred to foreign accounts. 

Important! To confirm the borrower's identity, the lender may ask the client to send a minimum amount from their bank account. 

How to apply for a quick loan?   

The process of applying for a quick loan is fast and simple: 

  • Compare offers, which usually takes only 5 minutes; 
  • Fill out the application, which takes up to 5 minutes; 
  • Wait for the response, which typically takes up to 15 minutes; 
  • Receive the money in your bank account promptly! 

In situations requiring immediate financial solutions, quick loans are indispensable as they provide funds in less than an hour! 

It is worth noting that the borrower and the lender may have accounts in different banks. If you want to receive the money instantly, consider this factor when choosing a lender and give preference to a financial company with an account in the same bank. 

Why was my quick loan application denied? 

There can be various reasons for loan application denial: 

  • Inaccurate information in the application; 
  • Not meeting the age requirements; 
  • Outstanding loan with the same lender; 
  • Lack of official income; 
  • Poor credit history. 

The first two reasons are common: people often overlook details in a hurry. To avoid such mistakes, review your application before submission and check the minimum age requirement set by the chosen lender. 

It is challenging to borrow money when you lack the means to repay it. Lenders need to ensure that borrowers can cover the loan amount on time. If you receive income in cash or under the table, the lender cannot verify those earnings, which may result in a loan denial. 

Having a poor credit history does not necessarily determine the outcome. Everyone can face financial difficulties at some point. If you have cleared all your debts, you have a chance to obtain the desired loan. However, if you still have outstanding bills, financial institutions will be hesitant to lend money to an unreliable borrower. 

What to expect if you delay payment on a quick loan? 

Before applying for a quick loan, it's important to understand the consequences of payment delays: 

  • The lender will charge interest according to the agreement for each day of delay from the total outstanding balance. 
  • The case may be transferred to a debt collection company, and legal action may follow. 
  • Negative records will appear in your credit history, which can hinder future loan applications. 

To maintain a good credit rating, adhere to the payment schedule. If you are unable to make a payment on time, contact the lender to request an extension. This service may incur fees, but it will protect your credit history. 

Positive credit history will benefit you in the future by allowing you to obtain loans on more favorable terms!