1 month loans

30 Days Loan In The Philippines – A Guide For Getting One

It’s true that getting a loan is pretty thorough and can sometimes be lengthy. However, there’s still a way to go about it. Some available loan options can grant you access to the financial means you’re looking for, which don’t require so much, as well. We’re talking about financial institutions that provide online loan 1 month to pay as fast as you can imagine; it’s all true.

This article provides a brief yet concise way to access a 30-day loan within the Philippines and what it would cost. Also, we’ve outlined some loan companies you can meet to access these loans. Read on for more information.

How To Get An Online Loan For A Month

The steps in getting an online loan for one month vary depending on the loaning company you’re patronizing. Here is a quick and effective set of steps to getting an online loan with no credit check briefly.

1. Choose the loan provider

The first and most important step is to find a good loan company that offers 1 monthly loan and low-interest rates. While many may promise you various loan options to the timeframe we’re looking at (30-days), only a few will implement low-interest rates.

2. Click on the ‘Apply now’ button to apply for a loan

When you’ve selected a company, open it (online on the website or via the mobile app) and click on the ‘apply’ button. It is usually located on the right hand of the platform. Click on it.

3. Fill out the form to apply for the loan

Then the platform will redirect you to another page where you’d fill in your details to register and apply for the loan for a month. Do so promptly.

4. Verify your account and provide the necessary details

After that, the loan firm will send you a mail or SMS to confirm your registered account. Click on the link and confirm the creation. When you’re done with that, it will prompt you to provide additional personal data for validation. Provide every necessary data and continue to the next step.

5. The loan company will contact you

Once you’re done providing your biodata and choosing the amount you want to request, you’d need to go through a waiting period. It usually lasts for 24 hours, but expect the call within this time. If you’re eligible to access a loan, the lending company will reach out to you via a sms to further confirm your application.

6. Wait for your loan

After the company reaches out to you via sms, you’d now have to wait for some time for the 30 days loan to be disbursed to your account.

Which Lending Company Provides Loans For 30 Days?

Below is a list of financial institutions that provide each user access to an online loan payable in 30 days. They are: 

• DiGiDo, 
• MoneyCat, 
• Online Loans Pilipinas, 
• Kviku, 
• UnaCash.
  

Documentary Requirements For Loan Borrowers

It’s worth noting that there are different document requirements for the different loan platforms. However, here are some general documentary requirements to access loans from any of the above loan platforms. They include:

• valid government ID
• valid mobile phone number

Advantages Of Month Loans

• Low-interest rates.
• Shorter requirement.
• Instant approval.
• Very timely for emergencies.

Conclusion

Getting a 30 days loan in the Philippines is not difficult. You can follow the guide provided above to get one for yourself to take care of that pressing financial need.

Short FAQs

1. How much is the amount I can loan?

The amount of loan you can get depends on some factors. While some loan companies allow you to get loans of up to PNP 25,000 others require you to follow a strict step-by-step process by which you can increase the amount of money you can get via loan 30 days, bit by bit.

2. What can a personal loan be used for?

You can use personal loans to clear off higher debt, handle home improvement expenses, cover up emergency expenses, like a funeral, or handle relocation costs.

3. What happens if a loan is not paid?

Not paying back a personal loan can cause you to become a defaulter on a loan. Thus, implying that the loan company can sell your debt collateral to any debt collector. Once a debt collector takes over the owned debt, they’d contact you directly to get back the payment.