Nowadays, it is inevitable to borrow money from online loans especially in times of emergencies come and sudden expenses are at stake. Online loans in the Philippines are salient- however, the key is identifying whether it is legitimate or not- hence, the list we are about to give you is online loans in the Philippines that are registered with the Securities and Exchange Commission (SEC).
These online loans are often availed by most Filipinos because of its convenience, ease of application process, minimal requirements, and speed of approval unlike from banks and government agencies that require lengthy process and tight requirements.
You may try these online loans if you need urgent cash but we encourage you to familiarize yourself first on how these online loans work including their loan amounts, loan terms, and repayment plans, among others.
Online loans are non-traditional loans from private lenders which operate over the internet, usually they process loan applications through mobile apps or websites.
While bank and government loans conducts credit history to know if the borrowers have the ability to pay, online loans don’t and typically require one valid ID and proof of income.
After completion of loan applications, notification of approval are received by borrowers within 24 hours, reflecting the amount in their chosen outlets, hence, repayments are made via the online loans’ partner banks and remittance centers.
You may apply for loans anytime as they process loan applications 24/7. You only need minimal eligibility and document requirements such as valid ID and proof of income. You may apply for loans anywhere using your smartphone or computer. You may get your loans approved within 24 hours, sometimes the amount are even credited real-time. You will not need bank accounts anymore (although some do) but mostly, amounts are often disbursed through their partner remittance centers such as GCash, PayMaya, and such. You may accumulate high interest rates if you don’t pay on time. You may only get short-term loans which are payable on the 7th day, every 15th day, or at the end of the month. Beyond one month comes with higher charges and interest rates. You are susceptible to online scammers, don’t worry though because the list we have are legitimate. You may experience harassment from online lenders if your loans go unpaid (this is punishable by law). Read: Comparing Different Car Loans from Different Banks Through Loan Calculators
GLoan is a digital loan service offered by GCash in the Philippines, designed to provide quick, hassle-free loans directly through the GCash app. This service allows eligible GCash users to borrow funds for various personal needs, such as covering expenses, paying bills, or making larger purchases, without traditional bank requirements. With an easy application process, instant approval, and flexible repayment terms, GLoan offers a convenient financing option that fits seamlessly into users’ digital wallets. By providing clear fees and a transparent structure, GLoan aims to make borrowing accessible and straightforward for Filipinos.
Loan Provider Loan Amount Loan Term Interest Rate GLoan Up to ₱125,000 Five to 24 months 1.59% to 6.99% Qualifications and Documents:
Filipinos 21 to 65 years old Fully verified GCash account Good credit record and no history of fraudulent transactions
2. Maya Loan Maya Loan is a digital lending service offered by Maya, a financial technology platform, primarily operating in the Philippines. It provides quick and convenient access to personal loans for individuals and small businesses through a fully online application process. The service is designed to be user-friendly, with flexible loan amounts, competitive interest rates, and manageable repayment terms. Maya Loan aims to promote financial inclusion by offering credit to users who may not have access to traditional banking services, helping them meet their financial needs or fund various personal or business expenses.
Loan Provider Loan Amount Loan Term Interest Rate Maya ₱15,000 to ₱250,000 Up to 24 months Starts at 0.83% Qualifications and Documents:
Filipino citizen between 21 and 65 years old Upgraded Maya account Active Maya user for purchases and transactions
Tala Loan is a mobile-based lending service in the Philippines that offers quick and accessible cash loans to individuals, even those without traditional credit histories. Through the Tala app, users can easily apply for loans ranging from ₱2,000 to ₱25,000, with approvals often processed within minutes.
First-time borrowers can start with amounts up to ₱15,000, while repeat borrowers with a good repayment history may qualify for higher limits. Tala provides flexible repayment terms from 1 to 61 days, with transparent fees and no hidden charges, making it a convenient option for short-term financial needs. With a simple application process requiring only an Android device, a Philippine mobile number, and a valid ID, Tala enables fast cash disbursement through e-wallets, bank transfers, or payment centers.
Loan Provider Loan Amount Loan Term Interest Rate Tala Loan Up to ₱25,000 One to 61 days 0.43% to 0.5% (daily service fee) Qualifications and Documents:
Filipinos at least 18 years old Passport/Driver’s license/Postal ID/PRC ID/UMID/SSS ID/Voter’s ID Android smartphone with OS 4.1 or higher
ACOM Cash Loan is designed to offer quick and reliable financial assistance to individuals for various needs such as personal expenses, emergencies, or debt consolidation. ACOM provides flexible loan amounts starting from ₱5,000 up to ₱500,000, with convenient repayment terms ranging from 6 to 10 months, depending on the borrower’s financial capacity and eligibility. The application process is straightforward, often requiring only a valid ID and proof of income, making it accessible to a wide range of customers, including those without a credit history. ACOM’s competitive interest rates and commitment to transparency mean that borrowers are fully informed of all fees and charges from the start, ensuring a smooth and reliable borrowing experience.
Loan Provider Loan Amount Loan Term Interest Rate ACOM Cash Loan ₱5,000 to ₱500,000 Six to 10 months 4.988% Qualifications and Documents:
Filipinos aged 21 to 65 Employees working for at least three months with a monthly salary of at least ₱10,000 Must be presently residing in Luzon Company landline number and personal mobile number Valid ID Original payslips/Certificate of compensation/ITR Proof of TIN or SSS
AEON Personal Loan is offering flexible loan solutions for various personal needs, such as home improvements, medical expenses, travel, or debt consolidation. The application process is straightforward, requiring basic documents like a valid ID and proof of income, making it accessible even for first-time borrowers. Known for its quick approval times and transparent fees, AEON Personal Loan gives customers a reliable way to access funds with clear terms, making it an ideal choice for those seeking financial flexibility.
Loan Provider Loan Amount Loan Term Interest Rate AEON Personal Loan Will depend on credit evaluation Six and 12 months 2.50% for existing customers 4% to 6% for new customers Qualifications and Documents:
Two valid IDs Proof of income Proof of billing
Asialink Finance Corporation Loans Asialink Finance Corporation offers a range of loan options in the Philippines to help with personal and business needs. They provide quick and easy loans, including personal cash loans, business loans, and vehicle financing. With a straightforward application process and flexible repayment terms, Asialink Finance makes it convenient for customers to get the funds they need for expenses, business growth, or buying a vehicle.
Loan Provider Loan Amount Loan Term Interest Rate Asialink Finance Corporation Loans Depends on the appraised value of your asset Up to 48 months for OR/CR Loan and Vehicle Financing; 12 months for Doctor’s Loan As low as 1.5% for OR/CR Loan and secondhand car loans; 1.75% for Doctor’s Loan Qualifications and Documents:
Filipino citizen between 21 and 60 years old Stable source of income Valid contact number Other requirements depending on the loan you’re applying for, such as a copy of OR/CR, Offer to Sell/Purchase Agreement, PRC ID, and more
Atome Cash Loan Atome Cash is a financial service offered by Atome, providing quick and convenient cash loans to users in the Philippines. Through the Atome app, eligible users can apply for loans up to ₱50,000, with monthly interest rates starting at 1.75% and repayment terms extending up to 12 months. This service is designed to offer flexible financial solutions for various needs, including personal expenses and emergencies. Currently, Atome Cash is accessible by invitation only, ensuring a tailored experience for its users
Loan Provider Loan Amount Loan Term Interest Rate Atome ₱500 to ₱50,000 Up to 12 months Starts at 1.75% Qualifications and Documents:
Filipinos at least 18 years old Valid ID Registered Atome user with a record of previous in-app transactions Valid bank account
Blend PH Loan is a peer-to-peer lending platform in the Philippines that connects people who need loans with those who want to invest. It offers personal, business, and franchise loans, making borrowing easier and more accessible than traditional banks. Borrowers can quickly apply online, while investors can earn by lending to approved borrowers. Blend PH aims to provide fair, transparent, and secure lending for Filipinos.
Loan Provider Loan Amount Loan Term Interest Rate Blend PH Loan
Personal loan: ₱50,000 to ₱2 million Franchise loan: ₱50,000 to ₱2 million ORCR loan: ₱10,000 to ₱3 million Business loan: ₱100,000 to ₱2 million Fast loan: ₱10,000 to ₱40,000 Seafarer loan: ₱50,000 to ₱500,000 Educational loan: ₱20,000 to ₱25,000 Salary loan: Equivalent to one month’s salary One to 36 months Risk-based interest (1% to 8% per month, depending on the loan)
Qualifications and Documents:
Valid IDs Proof of income Bank certificates ORCR for Auto Sangla Loan For the complete list of requirements, check the Blend PH website
Cash Mart Personal Loan offers quick and easy personal loans to help cover various financial needs. With a simple online application process, Cash Mart makes it convenient for individuals to borrow money for emergencies, bills, or personal expenses. The platform offers flexible loan terms and fast approval, making it a popular choice for those who need fast cash without complicated requirements. Cash Mart aims to provide accessible financial solutions with transparent fees and a hassle-free experience.
Loan Provider Loan Amount Loan Term Interest Rate Cash Mart Personal Loan ₱3,000 to ₱150,000 Weekly (due date every seven days) Biweekly (due date every 14 days) Monthly (due date every 28 days) 0.06% to 1% per day, depending on the loan term Qualifications and Documents:
Salaried and commission-based employees/self-employed/taxi or Grab drivers at least 21 years old Valid government-issued ID Latest one-month payslip/statement of account Latest proof of billing
Cashalo Cash Loan provides fast and easy loans for individuals looking to cover short-term financial needs. Through the Cashalo app, users can quickly apply for loans, track their application status, and manage repayments all in one place. The platform is designed for convenience, offering flexible loan amounts and terms to fit various budgets and needs. Cashalo focuses on making credit accessible to more Filipinos, providing a secure and transparent process with clear fees and no hidden charges, aiming to promote financial inclusion across the country.
Loan Provider Loan Amount Loan Term Interest Rate Cashalo Cash Loan ₱1,000 to ₱7,000 Up to 90 days Starts at 3.95% Qualifications and Documents:
At least 21 years old Employed/with a steady income Valid government-issued ID Cashalo app
Digido Instant Online Loan Digido Instant Online Loan is a quick and convenient loan service in the Philippines that provides instant cash loans through a fully digital process. Designed for those who need funds immediately, Digido offers a simple online application that can be completed in minutes, with fast approval and disbursement. New borrowers can access small loan amounts, while returning clients with good repayment history may qualify for higher limits. With clear terms, flexible repayment options, and no hidden fees, Digido aims to offer a secure and accessible loan option for Filipinos facing urgent financial needs.
Loan Provider Loan Amount Loan Term Interest Rate Digido Instant Online Loan
₱1,000 to ₱25,000 7 days to 180 days 0% for new customers; not more than 1.5% daily for repeat customers Qualifications and Documents:
Filipino citizens 21 to 70 years old Valid government-issued ID Active and registered mobile number Digido registration
12. Esquire Financing Business Loan Esquire Financing Business Loan is a lending solution in the Philippines tailored for small and medium enterprises (SMEs) seeking to grow their business. It provides accessible financing options without the need for collateral, making it ideal for entrepreneurs who need working capital, equipment, or funds to expand operations. Esquire Financing prioritizes fast processing and flexible terms, allowing businesses to get the funds they need without lengthy bank procedures. With a focus on supporting Filipino businesses, Esquire Financing offers a reliable and transparent service to help SMEs achieve their growth goals.
Loan Provider Loan Amount Loan Term Interest Rate Esquire Financing Business Loan Up to ₱100 million 3 months to 2 years Subject to the lender’s approval, depending on the loan amount and repayment term Qualifications and Documents:
Businesses with at least one year of operation and checking accounts active for at least six months. Check the Esquire Financing website for its complete list of loan requirements
Finbro Loan Finbro Loan is an online lending platform in the Philippines that offers fast, convenient loans for individuals in need of immediate cash. With a quick application process available through their website, Finbro aims to make borrowing easy and accessible, especially for first-time borrowers. Loan approval is usually swift, and funds are disbursed directly to the borrower’s bank account, allowing for prompt financial relief. Finbro is known for transparent fees, flexible repayment terms, and a straightforward process, providing a reliable solution for Filipinos facing short-term financial needs.
Loan Provider Loan Amount Loan Term Interest Rate Finbro Loan ₱1,000 to ₱50,000 12 month 0% for your first loan; 6% after Qualifications and Documents:
Filipino citizen between 20 and 70 years old Employed or with a regular source of income Valid ID Bank account Selfie
First Circle Business Loan First Circle Business Loan is a financial service in the Philippines designed to support the growth of small and medium enterprises (SMEs) by offering flexible, collateral-free loans. First Circle provides financing solutions that help businesses manage cash flow, purchase inventory, and take on larger projects without the long wait times of traditional bank loans. With a fast, fully online application process, First Circle aims to give entrepreneurs quick access to funds so they can seize business opportunities as they arise. By offering transparent terms and customized loan options, First Circle supports the expansion and sustainability of Filipino businesses.
Loan Provider Loan Amount Loan Term Interest Rate First Circle Business Loan Up to ₱20 million Up to 12 months : 0.99% to 2.49% Qualifications and Documents:
Business annual revenue of at least ₱5 million Filipino or Philippine resident DTI/SEC Certificate BIR Certificate of Registration
GDFI Loans Global Dominion Financing Inc. (GDFI) Loans offer a range of financial products in the Philippines aimed at meeting the diverse needs of individuals and businesses. Known for its accessible loan options, GDFI provides personal loans, business loans, car financing, and specialized loans for OFWs (Overseas Filipino Workers). With a focus on customer service and a straightforward application process, GDFI ensures that borrowers can access funds with minimal hassle. GDFI Loans are structured to support Filipinos in reaching financial goals, whether it’s starting a business, covering educational expenses, or managing daily cash flow.
Loan Provider Loan Amount Loan Term Interest Rate GDFI Loans Starts at ₱10,000 Starts at 12 months Starts at 1% Qualifications and Documents:
Valid IDs Active contact number Copy of OR/CR Proof of income: payslips, remittance receipts, business permits Proof of billing: electric or water bill Visit the GDFI website to view the complete list of loan requirements
Radiowealth Finance Company (RFC) Cash Loan is a financial solution offered in the Philippines, designed to provide quick cash assistance for various needs, such as personal expenses, business capital, and emergency funds. RFC offers flexible loan amounts ranging from ₱10,000 to ₱5,000,000, with repayment terms of up to 36 months. The cash loan features competitive interest rates, depending on the amount borrowed and the term chosen. For larger loan amounts, collateral such as real estate or vehicles may be required, which can result in lower rates and better terms. RFC’s Cash Loan is accessible to Filipino citizens aged 21 and above, making it an ideal option for individuals seeking financial support with flexible terms and a straightforward application process.
Loan Provider Loan Amount Loan Term Interest Rate Radiowealth Finance Cash Loan ₱10,000 to ₱5 million Three to 36 months Subject to the lender’s approval Qualifications and Documents:
Filipinos at least 21 years old living in the Philippines for at least two years Employees earning at least ₱18,000 monthly and working for at least one year with the current employer Professionals in the same profession for at least one year and with an updated PRC license Self-employed must have at least two years of profitable operations Two valid IDs Proof of income Proof of ownership of TCT or OR/CR Residential/Business/Employment address map For employees: Certificate of employment For self-employed: Barangay/Business/DTI Permit
Home Credit Cash Loan is a personal loan service in the Philippines that provides fast and easy access to cash for various financial needs. Available through the Home Credit app, this loan allows eligible borrowers to apply and get approved quickly without the need for collateral. It offers flexible loan amounts and repayment terms, making it a convenient option for emergencies, personal expenses, or purchases. With a simple application process and transparent fees, Home Credit aims to provide a reliable financial solution to Filipinos, helping them manage their cash flow and meet their financial goals.
Loan Provider Loan Amount Loan Term Interest Rate Home Credit Cash Loan ₱3,000 to ₱150,000 Six to 60 months Starts at 2.32% Qualifications and Documents:
Filipino citizens 18 to 68 years old Two valid IDs (with at least one government-issued ID showing the borrower’s address)
JuanHand Online Cash Loan JuanHand Online Cash Loan is a fast and accessible lending service in the Philippines that provides instant cash loans through its easy-to-use mobile app. Designed for individuals in need of quick financial assistance, JuanHand offers a straightforward online application process with quick approval and disbursement of funds. The platform offers flexible loan amounts and repayment terms to suit various financial situations, and it is known for transparent fees with no hidden charges. JuanHand aims to help Filipinos manage unexpected expenses or urgent needs with a hassle-free and reliable borrowing experience.
Loan Provider Loan Amount Loan Term Interest Rate JuanHand Online Cash Loan ₱2,000 to ₱25,000 Up to three months 9% to 12% Qualifications and Documents:
Filipino citizen between 20 and 60 years old Stable source of income Valid government-issued ID JuanHand loan app
Moneycat MoneyCat is an online lending service that offers quick and easy loans to people who need money fast. It is designed for those who may not have access to banks or credit cards. With a simple online application, users can get small loans without much paperwork or credit checks. MoneyCat helps people cover urgent expenses with flexible repayment options.
Loan Provider Loan Amount Loan Term Interest Rate Moneycat ₱500 to ₱20,000 Three to six months 11.9% per month (maximum APR of 145%) Qualifications and Documents:
Filipino at least 22 years old Currently residing in the Philippines Employed or has a stable source of income Valid government-issued ID and personal bank account Moneycat loan app
Online Loans Pilipinas Online Loans Pilipinas is a digital lending platform that offers quick cash loans to individuals in the Philippines. The service provides easy access to funds through a simple online application, making it convenient for users who need money urgently. With minimal requirements and no need for collateral, borrowers can get small loans with flexible repayment terms. Online Loans Pilipinas aims to help people manage their short-term financial needs, such as emergency expenses or daily necessities.
Loan Provider Loan Amount Loan Term Interest Rate Online Loans Pilipinas ₱1,000 to ₱7,000 for first-time borrowers; up to ₱20,000 for repeat borrowers in good credit standing 61 to 183 days None for first-time borrowers; maximum APR of 143% Qualifications and Documents:
Employed or with a steady income source 22 to 70 years old Valid ID Valid e-wallet or bank account
21. Tonik Credit Builder Tonik Credit Builder is a financial product offered by Tonik, a digital bank in the Philippines, designed to help users build or improve their credit scores. It works by allowing customers to take a small, secured loan, which they repay over time. As they make timely payments, their credit history improves, making it easier for them to qualify for larger loans or other financial products in the future. Tonik Credit Builder is ideal for those new to credit or looking to repair their credit standing, offering a simple and effective way to boost financial health.
Loan Provider Loan Amount Loan Term Interest Rate Tonik Credit Builder Up to ₱20,000 Six, nine, and 12 months Starts at 4.84% Qualifications and Documents:
One valid ID Active Tonik account
BillEase is a flexible financing platform in the Philippines that allows users to make purchases and pay later through easy installment plans. It offers a “buy now, pay later” service, enabling customers to split their payments into manageable monthly installments with low interest rates or even zero-interest options for select plans. BillEase is designed to make shopping more affordable and accessible, especially for those who may not have credit cards. Users can apply online, get approved quickly, and enjoy a hassle-free payment experience for their online and in-store purchases.
Loan Provider Loan Amount Loan Term Interest Rate BillEase Between ₱2,000 to ₱10,000 (initial) increased to ₱40,000 3-6 months 3.49% monthly Qualifications and Documents:
At least 18 years old. Have a stable source of income. Latest proof of income. Proof of billing. One valid government ID. Examples of accepted proof of income: payslips, screenshots of bank transaction history, Upwork certificate of employment, Paypal transaction history, remittance slips, etc. Examples of accepted proof of billing: Meralco bill (preferred), credit card bill, water bill, cable TV bill, post paid plan bill, etc. Accessible using their app or website.
Note that these online loans are suitable for emergency purposes only. Although these online loans are legitimate, ensure that you are able to grasp the concept of loan terms and interest rates of each. For clarifications, loan term is the allotted time given to you to pay the certain amount that you borrowed. As such, the interest rate is the fee charged on the principal amount you loaned depending on the loan term you availed. Lastly, please carefully read the terms and conditions set by the lenders to know if there are any hidden charges regarding your loan. Again, as they always say, prevention is always better than cure. Stay financially literate!
Read Also: Best Salary Loans in the Philippines to Help You With Urgent Financial Needs
Disclaimer: This information is for general purposes only and does not constitute financial advice. Always review loan terms carefully and consider your financial situation before borrowing.
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