Updated: July 11, 2022

Loan for housewife

When you are a hardworking wife and mother, it is sometimes difficult to find the time to take care of everything that needs to be done. You may feel like you are always running around and never have a moment to yourself. When you need a little financial help, a housewife loan may be the perfect solution for you. We will discuss the different types of housewife loans available in the Philippines, and how to choose the right one for your needs.

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

How to Choose the Right Housewife Loan in the Philippines

Two main housewife loans are available in the Philippines: secured and unsecured. A secured loan requires collateral, such as your home or car. An unsecured loan does not require any collateral. Both types of loans have their advantages and disadvantages.

Advantages of a secured loan for housewives:

  • Lower interest rate
  • The more extended repayment period
  • Higher loan amount

Disadvantages of a secured loan for housewives:

  • If you default on the loan, the lender could seize your collateral.
  • If you want to pay in advance, you may incur additional costs.

Advantages of an unsecured housewife loan:

  • No collateral is required.
  • You can usually get the loan faster than a secured loan.
  • The process is usually more straightforward than a secured loan.

Disadvantages of an unsecured housewife loan:

  • Higher interest rate
  • The shorter repayment period
  • Lower loan amount

Depending on your financial situation, you can choose your type of loan. If you have collateral and good credit history, you can use bank-secured loans. In other cases, look closer to online cash loans from lending companies like DiGiDo, MoneyCat, Online Loans Pilipinas, Kviku, and UnaCash.

Requirements for a housewife loan

You need:

  • A government ID;
  • Mobile phone;
  • Source of income;
  • At least 18 years old.

Final thoughts

Now you know the types of housewife loans in the Philippines and what to consider when choosing one. Remember to compare different loan products before applying to get the best deal. Loans for housewives are a great way to finance your needs, whether for emergency expenses, home improvement projects, or even starting a business.

Fintree Philippines

© 2022 Fintree.ph


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.