Financial product reviews

A total of 36 independent reviews.

BDO Unibank offers one of the most widely accessible personal loan products in the Philippines, with loan amounts from PHP 10,000 to PHP 2,000,000 and a fixed monthly add-on rate of 1.30%. Application…

  • Funded by the Philippines' largest bank by assets, with branches in most cities and municipalities
  • Fixed monthly add-on rate gives a predictable installment for the full loan term
4.4
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Bank of the Philippine Islands offers a personal loan with one of the lowest fixed monthly rates among major Philippine commercial banks at 1.20%, covering amounts from PHP 20,000 to PHP 2,000,000. Th…

  • One of the lowest fixed monthly add-on rates among Philippine commercial banks
  • Largely digital application process for existing BPI clients
4.5
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Metropolitan Bank and Trust Company provides personal loans of up to PHP 2,000,000 with monthly add-on rates starting at 1.50%, targeting salaried employees and self-employed professionals with establ…

  • Loan amounts up to PHP 2,000,000 for qualified applicants
  • Wide nationwide branch and ATM network supports in-person service
4.2
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Security Bank Corporation offers personal loans from PHP 30,000 to PHP 2,000,000 with a monthly add-on rate range of 1.39% to 1.89% depending on loan tenor and borrower profile. Applications are accep…

  • Paperless application available for employees of Security Bank-accredited employers
  • Loan amounts scale up to PHP 2,000,000
4.2
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CIMB Bank Philippines operates as a fully digital bank licensed by the BSP, offering personal loans from PHP 30,000 to PHP 1,000,000 applied for entirely through the CIMB Bank PH mobile app. Monthly a…

  • Monthly add-on rate starts at a competitive 1.12%
  • Fully app-based process with no branch visit required
4.3
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Tonik Digital Bank, the first neobank licensed by the BSP in the Philippines, provides personal loans from PHP 5,000 to PHP 50,000 with monthly interest rates between 4.99% and 6.99%, disbursed entire…

  • Loan decisions typically issued the same day or within 24 hours
  • Accessible to borrowers without an extensive formal credit history
4.1
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Maybank Philippines, a subsidiary of Malaysia's Maybank Group, offers personal loans from PHP 50,000 to PHP 1,000,000 with monthly add-on rates ranging from 1.30% to 1.80%, targeting employed professi…

  • Backed by Maybank Group, one of Southeast Asia's largest banking groups
  • Loan amounts up to PHP 1,000,000 for established borrowers
4.0
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Rizal Commercial Banking Corporation offers personal loans from PHP 50,000 to PHP 1,000,000 with monthly add-on rates from 1.30%, available to salaried employees and self-employed individuals who meet…

  • Minimum add-on rate starting at 1.30%, competitive among commercial banks
  • Over 500 branches and ATMs for in-person servicing
4.0
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Tala Philippines is one of the country's most widely used digital lending apps, providing SEC-registered cash loans from PHP 1,000 to PHP 15,000 disbursed in as little as 10 minutes directly to GCash …

  • Funds can be disbursed in as little as 10 minutes after approval
  • Does not require a traditional bank credit history to qualify
4.2
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Cashalo is an SEC-registered digital lending platform that provides short-term cash loans from PHP 2,000 to PHP 10,000, with an initial cycle of up to 30 days and a monthly interest rate starting at 3…

  • Approval decisions typically returned within minutes
  • Available on both Android and iOS
4.0
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BillEase is an SEC-registered fintech platform that offers both buy-now-pay-later credit for online purchases and direct cash loans from PHP 500 to PHP 40,000, with monthly interest rates from 3.49%. …

  • Combines purchase financing and direct cash loans in one account
  • Wide loan range from PHP 500 to PHP 40,000 covers small and larger needs
4.3
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UnaCash is a SEC-registered online lender offering cash loans from PHP 2,000 to PHP 50,000 with a monthly interest rate starting at 3.50%, targeting employed and self-employed borrowers seeking fast l…

  • Loan ceiling of PHP 50,000 is higher than many competing lending apps
  • Automated verification returns decisions within minutes
4.0
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Digido Philippines offers cash loans from PHP 1,000 to PHP 25,000 with a promotional 0% interest rate for first-time borrowers on their initial loan, reverting to a monthly rate up to 11.90% for subse…

  • First loan can be borrowed at a promotional 0% interest rate for eligible new borrowers
  • Accepts applicants up to 70 years old, unusually broad for the sector
4.1
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MoneyCat Philippines is an SEC-registered digital lender providing fast cash loans from PHP 500 to PHP 20,000, with a fixed monthly rate of 11.90% and repayment terms of up to three months. The app is…

  • Approval decisions issued in as little as five minutes
  • Accessible to borrowers who cannot obtain bank credit
4.0
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Finbro Philippines offers cash loans from PHP 2,000 to PHP 50,000 with a monthly rate ranging from 4.99% to 11.90% depending on loan amount and borrower profile, disbursed via bank transfer or GCash w…

  • Funds typically disbursed within an hour of approval
  • No employment documentation required for initial smaller loans
4.0
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Kviku Philippines is an SEC-registered digital lender that provides cash loans from PHP 500 to PHP 25,000 with monthly rates from 9.90% to 11.90%, using automated credit assessment to issue decisions …

  • Accepts applicants with no prior credit history
  • Minimum age of 18, lower than many bank and some digital lenders
3.9
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BDO Unibank's OFW loan program provides Overseas Filipino Workers with access to unsecured personal credit from PHP 10,000 to PHP 1,000,000 at a fixed monthly add-on rate of 1.30%, with applications a…

  • Accepts POEA-validated contracts and allotment slips instead of local payslips
  • Available through BDO branches abroad as well as in the Philippines
4.4
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Bank of the Philippine Islands offers OFW loans from PHP 20,000 to PHP 500,000 at a fixed monthly add-on rate of 1.20%, one of the lowest available from a major Philippine commercial bank for Overseas…

  • Fixed monthly add-on rate of 1.20%, among the lowest OFW loan rates from a major bank
  • Accepts POEA contracts and remittance records as income proof
4.3
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The Overseas Workers Welfare Administration (OWWA) Multi-Purpose Loan is a government-backed credit facility exclusively for active OWWA member OFWs, offering loans from PHP 10,000 to PHP 100,000 at a…

  • Annual interest rate of 10%, substantially below most commercial OFW loan products
  • Government-administered, with OWWA, Land Bank and DBP involved in disbursement
4.6
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Land Bank of the Philippines, a government financial institution, provides OFW loans from PHP 10,000 to PHP 500,000 at annual rates of 10% to 12%, offering longer repayment terms of up to 60 months co…

  • Repayment terms up to 60 months, longer than most OFW loan alternatives
  • Beneficiary or attorney-in-fact can process the application domestically
4.3
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