Updated: October 10, 2022
20k pesos loans
Looking for a 20,000 pesos loan in the Philippines? You've come to the right place. In this article, we will show you how to get a loan online up to 20,000 pesos in just a few simple steps. We'll also provide you with a list of the best lenders in the country so that you can compare interest rates and find the best deal possible. So what are you waiting for? Start your search for a 20,000 pesos loan today!
Amount
Term (days)
MoneyCat Loans
CS201953073
0.4%
Percent, per day
1000 - 25000 PHP
Amount
90 - 180 day
Term
Show more
Features
APR:
from 145 up to 365%
Review time:
1 day
Early Settlement:
no
Guarantor:
no
Client
Age:
20 - 60 years old
Citizenship:
Required
Employment:
Required
Proof Income:
Not required
Disbursement & Repayment
Disbursement time:
1 day
Disbursement methods:
Bank Account;
Repayment methods:
Dragon Pay; GCash; Online Payment;
Pros & Cons
Pros:
You can easily get a loan, in a few steps
You only need to spend 5 minutes to register
You don't have to go to the bank and stand in line. The entire process of obtaining a loan takes place online through a phone, tablet or computer
Cons:
High interest rate
Details
MoneyCat is a financial company that will help you quickly and easily get a loan within 24 hours online. You need to fill out the registration form on the site and go through a quick verification, after which the money will be transferred to your bank account
Kviku Personal Loans
0.16%
Percent, per day
1000 - 25000 PHP
Amount
60 - 180 day
Term
Show more
Features
Early Settlement:
no
Guarantor:
no
UnaCash Personal Loans
0.3%
Percent, per day
2000 - 30000 PHP
Amount
61 - 180 day
Term
Show more
Features
Early Settlement:
no
Guarantor:
no
BDO Personal Loans
0000034001
1.25 - 1.3%
Percent, per month
10000 - 1000000 PHP
Amount
6 - 36 month
Term
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Features
Early Settlement:
yes
Guarantor:
no
Client
Age:
21 - 70 years old
Min. Salary:
180000 PHP
Citizenship:
Required
Employment:
Required
Employment Details:
Regular employee or self-employed firm with at least two years of operations
Proof Income:
Required
Disbursement & Repayment
Disbursement methods:
Bank Account;
Repayment methods:
Bank Cash Payment;
BPI Personal Loans
PW00000121
1.2%
Percent, per month
20000 - 2000000 PHP
Amount
12 - 36 month
Term
Show more
Features
Review time:
5 day
Early Settlement:
no
Guarantor:
no
Client
Age:
21 - 60 years old
Citizenship:
Required
Employment:
Required
Proof Income:
Required
Disbursement & Repayment
Disbursement time:
2 day
Disbursement methods:
Bank Account;
Metrobank Personal Loans
0000020573
1.25 - 1.5%
Percent, per month
20000 - 1000000 PHP
Amount
12 - 36 month
Term
Show more
Features
Review time:
7 day
Early Settlement:
no
Guarantor:
no
Client
Age:
21 - 65 years old
Citizenship:
Required
Employment:
Required
Employment Details:
Have a gross annual income of at least Php 350,000. If employed: be of regular status with current employer for at least 1 year. If self-employed: be at least 2 years in the current business.
Proof Income:
Required
Unionbank Quick Loans
0000036073
4%
Percent, per month
1000 - 1000000 PHP
Amount
1 - 12 month
Term
Show more
Features
Early Settlement:
no
Guarantor:
no
Client
Age:
21 - 65 years old
Citizenship:
Required
Employment:
Required
Proof Income:
Required
Get a loan of up to 20,000 pesos in the Philippines with these simple steps
The first thing to do is to decide on the type of loan. Depending on your financial situation - you have two main ways to borrow money:
- Bank loan. A bank loan is a good option if you have a good credit score. The interest rate will be lower than other types of loans, but you'll need to provide collateral.
- Online personal loan. An online personal loan is a wonderful alternative if you have no proof of income and official employment. The interest rate will be greater than other forms of loans. However, you won't need to put up collateral and a lot of requirements.
When you have decided on the type of loan, you need to apply for it. To do this, you need to go through several steps:
- The first thing to do is to compare different lenders. Many lenders in the Philippines offer loans up to 20,000 pesos, but we have done this job instead of you and collected the best companies on this page.
- Choose the lender and fill out an application form. This form will ask for basic information about you and your financial situation.
- Wait for approval. This process can take up to a few days.
- Receive your loan. Once you have been approved, you will receive your loan in your bank account.
Primary requirements
To apply for a 20k loan, you should meet the following requirements:
- You must be at least 18 years old.
- The maximum age is 70 years old upon loan maturity.
- You must have an active bank account.
- You must be a Filipino citizen.
- You should have a regular source of income.
Fintree Philippines
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Disclaimer: Fintree Philippines is a loan comparison site that helps users find the best options for their needs. We are not a financial company and we do not provide loans ourselves. We work with a number of trusted partners to offer users a range of loan options to choose from. We don't charge the user for choosing a loan, but we do get a commission from our partners. Please read the terms and conditions of the lending organization carefully before you accept it and make sure you will be able to pay it back on time.