Where can I get a payday loan on a card
You can apply for a payday card loan at an MFI microfinance organization, for this you can either visit an advising branch or apply for a loan online on the website.
You can determine the most suitable organization for lending on our website; for this, there is a convenient filtering of loans by parameters and the ability to compare them. It is recommended to place 4-5 applications on our website and after confirmation choose the most suitable offer for you.
Who can get a payday loan
Payday microloans are issued by MFIs if:
- You are between 20 and 65 years old.
- You have a Filipino passport.
- You have no borrowed or outstanding loans from this MFI.
- You have correctly completed the online application on the site.
- You have a bank card with up to 100 PHP on it (during verification, the amount will be withheld, then returned immediately to check the card).
Payday loan online application: registration and nuances of a loan
To complete an online application, you will need to provide passport details and TIN, as well as provide a phone number. This is the minimum information that usually needs to be entered. It is also recommended to apply for 4-5 different credit institutions, as it increases the chances of a positive approval of the online application.
If you take your first microcredit, select on our website those who have a promotion for the first loan at 0.01%, and then you will not pay interest on the first loan. If you already work for a long time with this MFI, then the average daily loan rate will be in the region of 1% -2% per day, and you can always get money on the card urgently.
If you already become a regular client of this MFI, you can ask for an increase in the loan amount, as well as setting a longer repayment period. So, you can take both 500 PHP and more.
If for some reason you cannot repay the amount on time, be sure to notify the credit company about this, as a rule, you can agree on the extension or restructuring of the loan portfolio.
Do not forget that all your loans are stored in a single credit bureau. Therefore, you should not spoil your credit history, this can be very important if you need loans in the future for large amounts, for example, in a bank, a mortgage or a secured loan.
Therefore, our recommendation is to try to close the loan either ahead of schedule, or 3-4 days before the deadline.