Updated: July 11, 2022

24-hour loans in the Philippines

There are a lot of reasons to need a 24/7 loan in the Philippines. Maybe you lost your job and need to cover some bills until you can find another one. Perhaps your car broke down and you need to get it fixed as soon as possible. Whatever the reason, it's important to know all about 24/7 loans before you apply for one. We will discuss everything you need to know about 24-hour online loans in the Philippines!

Amount

Term (days)

moneycat-logo.svg

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

logo-digido.svg

Digido loans

CS202003056

0.1 - 0.4%

Percent, per day

1000 - 10000 PHP

Amount

10 - 180 day

Term

Show more

Features

APR:

from 143%

Review time:

1 day

Early Settlement:

no

Guarantor:

no

Client

Age:

21 - 70 years old

Citizenship:

Required

Employment:

Required

Proof Income:

Required

Disbursement & Repayment

Disbursement time:

1 day

Disbursement methods:

Bank Account;

Repayment methods:

GCash; Dragon Pay; Online Payment;

Pros & Cons

Pros:

Fast processing of the application within 24 hours

There are no additional payments. Only payments under your loan agreement

Cons:

If you do not pay on time, the credit company may charge you an additional penalty

Details

Digido is an online lending company that has a state license and permissions to provide lending services. You can apply for a loan simply and quickly through the company's website, remembering the registration form. The answer to your application will come within 24 hours and within 24 hours after approval you can receive money to your bank account

kviku-logo.svg

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-logo.svg

UnaCash Personal Loans

0.3%

Percent, per day

2000 - 30000 PHP

Amount

61 - 180 day

Term

Show more

Features

Early Settlement:

no

Guarantor:

no

Unionbank.png

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

Online Cash Loans 24/7

We are living in an unprecedented time; the world is facing serious challenges, talk of the escalating commodity prices and the financial difficulties that most people are going through. Life can be unbearable, especially for those who have lost their jobs due to the economic crisis. However, all is not lost as there are entities that are offering financial assistance to the unemployed or people who are facing difficulties. They are doing this by offering instant credit, the online cash loans 24/7. In this article, we will be exploring cash lending in 24 hours. We will examine what it is, how you can get it, its legitimacy, and the benefits that borrowers get out of these credit facilities.

What are cash loans 24/7?

People in need of cash to meet emergencies such as payment of hospital bills, buying of medicine, or purchase of a highly needed item normally find online cash loans 24/7 useful. This is due to the fact that they get the cash instantly and without the requirement of bulky documents or collateral. A cash loan 24/7 is a credit facility that has a short approval and disbursement period. A borrower can apply for the loan and if qualified get it within a day.

How do you get Loans 24/7?

Getting an instant loan is rather easy for those who have met the requirements as stipulated by a given lender. The process gets even easier as one does not need to visit the physical offices, application for a personal loan can be done online. So is the approval and disbursement of the loan. To avoid delays, a borrower will need to fill out the application form correctly providing all the details as well as any document that may be needed. Remember that instant loans do not need lots of documents, some lenders don’t even ask for any.

Legitimacy of payday

While payday loans are legitimate not all companies that claim to offer these types of credit are genuine. As a borrower, you need to conduct thorough due diligence to avoid being conned. Some payday loan lenders follow the rules and regulations, offering borrowers a chance to meet their urgent needs. Identifying such lenders is not a difficult task, just go through the reviews as well as read the comments on various platforms. Through this, you can avoid falling victim by only patronizing legit payday loan lenders. 

Benefits

Borrowers seeking cash loans in 24 hours enjoy several benefits, which include:

  • Quick and easy application process
  • It requires a relatively short time to get approval and disbursed 
  • Borrowers are not required to provide their credit history
  • They require relatively less paperwork 
  • One can negotiate a lower interest rate if there is a proof of lower risk
  • The loan is disbursed immediately allowing the borrower to meet the emergency needs
  • It offers the borrowers with bad credit a chance to improve their rating

24 hours cash loans provide borrowers with a chance to meet their urgent needs making it ideal credit assistance at a period when the majority are facing financial difficulty. The easy application process, speed of disbursement, and minimal requirements make it the preferred choice of borrowing for the unemployed. All that one has to do is apply, repay without default and qualify for a larger amount as well as improve the credit rating.

FREQUENTLY ASKED QUESTIONS

1. Can I Get a Loan in 24 Hours online?

Yes, same-day credit is available with specific online lending entities including banks and credit unions. The loan is applied online and if the borrower meets the requirement, it is approved within a short time and disbursed. With this type of loan, the borrowers only need to prove the capacity to repay without defaulting. Also, the documentation that is required is minimal. One only needs proof of residency. The application form is available online, meaning that as a borrower you do not need to visit physical offices.

2. What Payday Loans Are Safe?

Although payday loans are meant to assist when in need of urgent cash, you should not overlook the safety and security of such credit. Safe payday loans protect borrowers’ data and privacy as well as ensure that their security is guaranteed throughout the process. You can know whether you are dealing with an online lender who is genuine by checking the following:

- Ensure that the URL contains https rather than just http 

- Check for a padlock in the address bar as unsecure links do not encrypt or protect data

- Carry out the due process and ensure that the business is reputable

3. Can I Get A Loan For Bad Credit?

Yes, various lenders including banks, online lenders, and even credit unions advance loans to those with a low or bad credit rating. However, the lender must ascertain that the borrower can repay the loan. To compensate for the risk, the lender will charge higher fees and interest rates compared to borrowers with a good credit rate.

4. How to Contact Lending Companies?

If you are looking for 24/7 online loans, one of the first things that you need to do is identify a lending institution that offers instant loans with minimal requirements. There are several ways through which you can contact the identified 24 hours online loans provider. It can be through their website, email, installing their apps, or visiting their offices. These contact details can be obtained from the list of registered cash loans 24/7 providers or from the reviews that are done on the internet.

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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.