Credit Peso
App Keywords
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App Description
SEC-registered peso online loan app. Get up to 30,000 Pesos online loan!
About Us:
Microdot Lending Corporation Corp:
SEC RegistrationNo.: CS201951287
Certificate of Authorisation No.: 2921
Product Features:
💯Loans up to ₱ 30,000
👍Apply a loan and approve in just 24 hours!
👏Fast cash loan app trusted by 8+ million in the Philippines.
✅Enjoy fast, flexible, and secure
How do I qualify?
1. Download the app"Credit Peso ",so we can give you our best, customized offer.
2. You must have a valid government-issued ID and 18+ years old
3. You must have a valid mobile phone number.
Where to repay the loan?
1.E-wallets: GCash/PayMaya/others.
2.Philippine convenience stores: MLhuillier/RDPawnshop/7-11/etc.
3.Pay in full or make partial payments, anytime on or before your due date
Personal Credit Line Terms:
Different repayment options ranging from 6 to 24 months depending on your actual needs (more instalment repayment options are available for better qualified users).
(Better qualified users can choose more instalment repayment options)
Annual Percentage Rate (APR):The maximum interest rate is 130%
A service fee will be deducted at the time of your payment and the service fee will depend on your repayment status.
The service charge will depend entirely on the assessment of your profile.
Loan Fee Example (for reference only): Loan Amount: ₱10,000
Loan Amount: ₱10,000 Monthly interest rate: 0.6%. Loan Term: 6 months. Loan Date: 7 May 2023. Maturity date: 7 May 2025
07/05/2023.Duedate:06/11/2025
totalinterest=10000*0.6%*6=360
totalpaymentamount=10000+360=10360
The payment schedule is as follows:
Date of first instalment: 06/06/2024
Repayment amount: 1666.66 Repayment period: 60 Remaining credit limit after repayment: 8273
8273 Credit limit increase: 0
Second instalment repayment date: 7 June 2025
Repayment amount: 1666.66 Repayment period: 60 Remaining credit limit after repayment: 0
10999 Credit limit increase: 10
Third instalment repayment date: 8 June 2025
Repayment amount: 1666.66 Repayment period: 60 Remaining credit limit after repayment: 15270
15270 Credit limit increase: 20
Fourth instalment repayment date: 9 June 2023
Repayment amount: 1,666.66 Repayment period: 60 Remaining credit limit after repayment: 22094 Credit limit increased: 20
22094 Credit limit increased by: 30
Fifth Repayment Date: 10 June 2023
Repayment amount: 1666.66 Repayment period: 60 Remaining credit