Check the Online Loans cash loan review to find out how to borrow money from the online loans company. We will reveal key requirements for applicants, loan terms and conditions, repayment/refinancing options, and general advantages + drawbacks. Read on to learn from our experience while using the Online Loans Pilipinas app — from submitting the request to getting the loan itself. Also, you will find a short comparison with other lenders.
The lender lists four legit IDs that you can submit as a proof:
You can submit any of these documents and you will be eligible for an Online Loans Pilipinas payday loan. The ID type doesn’t affect your chances to get the application approved. Still, other requirements such as official employment status and age can be more important.
See also: Robocash loan Review
The described lender offers profitable rates and favorable conditions. There are only a few Philippine companies that can compete with Online Loans Pilipinas customer service. These brands are Cashwagon and Robocash. Let’s take a look at a comparison of the three lenders. The table below describes interest rates, requirements, and other valuable info.
|Online Loans Pilipinas||Cashwagon||Robocash|
|Term||From 7 to 30 days||From 7 to 21 days||Up to 180 days|
|Requirements, age||22 – 60||20 – 60||21-70|
To get financial aid, it’s enough to fill out a simple Online Loans Pilipinas cash loan application form. The entire process takes roughly 5 minutes. The company asks for some personal details, including the bank account’s data and any valid ID. Generally, the application form has four screens:
After completing these steps and verifying the phone number, you will be redirected to the final screen with the loan info.
The official website of the lender has a convenient calculator using which you can reveal the total repayment and loan terms. The tool is really simple as there are two sliders with several positions. Look at the examples (it works on the same principle any month, but let’s say, you want to get a loan on 07.31):
Overall, it’s a good idea to use the website for Online Loans Pilipinas cash loan computation. With it, you can quickly check the repayment amount and term.
See also: Cashwagon Review
To repay your loan, you should find Online Loans payment partner branch, pay using your reference number, and get a receipt. It’s possible to pay via 7-Eleven kiosks and via Bayad Center but these operations are also handled by Dragonpay/Dragon Loans.
If your Online Loans Pilipinas loan status isn’t the best, you can apply for refinancing. The procedure is pretty simple and user-friendly. Don’t be afraid of asking the lender about this possibility because, usually, the lender provides it for the clients. Refinancing is possible for up to 6 months. For more details, ask the company’s managers.
See also: Tala app loan Review
These guys are amazing. I just filled out the form and they called back in a few minutes. They gave details on my loan and promised that it will be approved the same day. Got money in four hours and don’t have any Online Loans Pilipinas complaints! (Angelica, 26 y. O., housewife)
Really good company. I’m currently unemployed and have a poor credit score. Even don’t want to expose it. But Online Loans Lending online accepted the application and helped me. Of course, the amount wasn’t too huge but money is money. (Denise, 31 y. O., unemployed)
I’m happy with this lender as I have a pretty long history of interactions with it. Applied for five loans one by one so now can get up to ₱20,000 with improved terms & conditions. Recommend this company to everyone. (John, 39 y. o., school teacher)
Love Online Loans Pilipinas payday loan interest rate as it’s quite low – only 1% per day! It’s cool that I can get loans quickly without any delays and issues. It’s even cooler, as I can repay loans without spending too much of my own money. (Kevin, 22 y. o., student)
Appreciate the company’s attitude to customers. Once you contact the team to interact with Online Loans Pilipinas chat support, operators respond quickly and always help. Moreover, you can find the answers from a chatbot when operators aren’t available. (Peter, 34 y. O., analyst)How Many Times Can I Reloan in Online Loans Pilipinas?The number of times is unlimited because the lender appreciates loyal clients. For regular borrowers, the company offers better conditions, including higher loan amounts.
The average interest rate is between 7% and 30%. It’s calculated on the basis of 1% daily interest and depends on the full loan term.
Just visit the official site and find the application form there. Enter your valid ID and specify some personal details. Then send the form and wait a bit.
See also: Personal Loan from GSIS
The money will be credited to your bank account. After receiving, you can use this loan for any purpose. Just don’t forget to make repayments.
You can check the balance of your bank account connected to the lending service. As well, you can calculate the loan terms & conditions via the site.
For this, specify that you want to repay the loan quickly – from 7 to 30 days.
Actually, all the described loans are repay-based. It means that you will have to return money via a series of repayments.
The company accepts repayments via affiliate services: Dragon Loans and Dragonpay. You can find these options in 7-Eleven kiosks and Bayad Center.
See also: How To Apply For A Personal Loan. A First-Time Borrower’s Guide
Yes, completely. The lender operates under the national jurisdiction and provides safe loans to its customers. Mind that before applying for a loan, you can always check if it is considered secure by the Securities and Exchange Commission (SEC).
As it was mentioned above, you can make payments in any kiosk of the 7-Eleven network or in Bayad Center.
Yes, housewives can apply if their husbands have a stable income. Respectively, applicants will be considered as individuals with income, too.
Yes, students can apply if they have constant and reliable money support from charities or parents, for example.
Yes, unemployed individuals can apply but their chances of getting a loan will be slightly poorer than the chances of the employed.
It’s easy to check the loan’s repayment amount and term by using a built-in calculator. It’s located at the main site’s page.
Provide a valid ID and correct personal info. Applicants with a stable income or official job have more chances.
Just apply for your first loan and fill out all the required forms. The account will be created automatically.
See also: Personal Loan from Pag-IBIG
You can outreach the company's customer service from Monday to Friday — 8:00 a.m.-8:00 p.m., and from Saturday to Sunday — 9:00 a.m.-6:00 p.m. You can reach out to operators using the Online Loans Pilipinas number: (02) 322-1000.
It’s a Philippine company that delivers timely financial support to the state’s citizens. It’s known for the quick and simple application process, good rates, and high approval percentage.