Updated: July 11, 2022

Loans in Davao City

"Where can I get a loan in Davao, near me?" you might be asking yourself. For your convenience, we've compiled a list of the top lending companies in Davao City.

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

Loans in Davao City

Davao City is one of the most populated cities in the Philippines. It is also one of the country's financial hubs, with a large number of lending companies operating in the city.

There are many different types of loans available in Davao City. Salary loans are one of the most popular types of loans among residents. These loans are typically used to cover unexpected expenses or to consolidate debt.

Lending companies in Davao City offer a wide variety of loan products. Some popular companies include DiGiDo, MoneyCat, Online Loans Pilipinas, Kviku, and UnaCash. These firms provide competitive interest rates and flexible repayment terms.

Requirements for borrowers in Davao City

The minimal requirements for applying for a loan:

  • Must be at least 21 years old.
  • Must have a bank account.
  • Government ID.

Some companies need proof of employment or income and good credit history. Most lending companies in Davao city offer a loan without collateral.

Types of loans in Davao City

There are many types of loans available in Davao City. The most popular type of loan is the salary loan. Salary loans are typically used to cover unexpected expenses or to consolidate debt. Other popular types of loans include personal loans, business loans, and vehicle loans. A fast cash loan is a type of loan that allows borrowers to receive their loan funds quickly. But such type of loans usually comes with a high-interest rate.

How to choose the lending company in Davao City

The lending company you choose should offer competitive interest rates and flexible repayment terms. It is also important to choose a lending company that is licensed and regulated by the Securities and Exchange Commission of the Philippines.

When choosing a credit, it's also crucial to think about how you'll pay for it. Make sure to compare the fees charged by different lending companies on our site before choosing one.

The lenders you choose should also have a good reputation. You can check our website to see any complaints or negative reviews.

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.