Best Loan Apps in the Philippines 2022

If you’re in need of a loan in the Philippines, then you’ve come to the right place. In this article, we’ll be taking a look at some of the best loan apps in the country.

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There are many different loan options available, so it’s important to choose the one that best suits your needs. These options include personal loans, salary loans, and business loans.


Madaloan is a free loan app that allows you to get a fast, convenient, and secure cash loan in the Philippines. It also offers flexible repayment options so you can manage your budget more efficiently. It is a great choice for Filipinos who need extra money to cover unexpected expenses.

The app has an intuitive design and user-friendly interface that makes it easy to navigate. All functions and features are clearly labeled, so you can easily find what you need.

With a simple application process and no collateral required, Madaloan is the perfect solution for Filipinos who need to borrow money quickly. You can apply for a loan through the app and receive your funds in as little as 24 hours.

In addition to its online loans, Madaloan also offers free money transfers and bill payment services. Its goal is to create an inclusive financial system in the Philippines, providing access to credit for the unbanked and underserved.

However, there are a few complaints about the company’s collection methods. Some borrowers reported that they were harassed and treated disrespectfully by debt collectors. Others were charged excessive interest rates and fees that ate up their loan amounts, making it difficult for them to pay back their loans.

As a result, some borrowers have been forced to default on their loans and end up falling into further financial hardship. If you are considering using an online loan app in the Philippines, it’s important to make sure that you choose a reputable lender.

Fortunately, most legitimate lenders operate within the law and adhere to ethical business practices. However, there are some illegitimate companies out there who take advantage of people’s desperate need for cash. Here are some tips to help you avoid them:

1. Check the company’s reputation on Google Play Store and Apple App Store.

2. Be wary of loans that ask you to transfer money directly to them through PayPal or a similar service.

3. Do not provide personal information or sign documents without the lender’s permission.

As a rule, all registered and verified loan providers in the Philippines operate within the law and do not ask for personal information or sign documents without your permission. If you feel that you are being unfairly charged or treated, it is a good idea to file a complaint with the National Consumers Protection Commission (NCPC).


Digido is an online lending platform that offers easy-to-use financial services. It also adheres to lending laws and regulations in the Philippines.

The company has a completely automated web portal that independently evaluates each application and promptly provides funds to eligible borrowers. It offers unsecured loans up to 25,000 pesos at 0% interest.

Its service is accessible 24 hours a day, seven days a week, and on weekends and holidays. This makes it an ideal option for people who need cash urgently.

As an authorized state-licensed online lender, Digido adheres to lending rules and regulations and grants access to its credit services to every eligible borrower. The company’s streamlined lending processes and fast loan processing time make it the best loan app in the Philippines.

Moreover, it offers a number of convenient payment methods to its customers, including online payments and mobile payments. It also has a feedback system, which allows users to leave comments on other loan applications.

However, it is important to be aware of potential scams that can occur when using this company’s services. It is also a good idea to read the terms and conditions carefully, as well as repay your loan in time to avoid late fees and penalties.

The company is registered with the Securities and Exchange Commission of the Philippines (SEC). Its SEC registration number is 202003056, and its certificate of authority is 1272.

Its loans are available to both new and repeat customers. Those who apply for the first time get a 0% interest rate, while regular customers can enjoy 1.5% daily interest.

If you are a first-time borrower, it is important to read the terms and conditions carefully to avoid being stuck with a high interest rate. This will prevent you from paying a large amount of money in interest over the course of a year.

A loan can help you buy a car, pay for your bills, or cover an emergency expense. But it is important to repay the loan on time to avoid getting into a cycle of debt.

Another benefit of using a Digido loan is that it offers a range of convenient payment methods. You can use a debit card, a bank account, or PayPal to pay for your loan. The company also has a customer support team that is available around the clock to answer your questions.


JuanHand is one of the most popular loan apps in the Philippines. Its quick decision-making process and transparent lending rates make it a great option for those in need of instant cash.

The app is easy to use and provides access to loans up to PHP 50,000. The platform offers a cash loan calculator to help you determine your monthly payment and approximate borrowing cost.

Customers can also check their account information, including the amount of money owed and the due date. In addition, they can pay early and save on interest charges.

As a leading financial technology company in the Philippines, JuanHand is committed to using technology for good. It has helped Filipinos in need several times since 2020, donating medical supplies during the early months of the crisis and providing charitable assistance following Typhoon Maria.

It also gives personal protection equipment, such as N95s, to its Filipino users. Its goal is to improve financial inclusion in the country through digital platforms.

Whether you need to borrow money for an emergency or to cover the cost of tuition fees, JuanHand can help. The application process is simple, and the money is sent to your account within 60 minutes of approval.

The JuanHand app is free to download and requires no credit score to apply. All you need is a smartphone and access to an internet connection.

Another benefit of the JuanHand app is that you can borrow money without having to leave your home or office. This is a huge advantage for people who don’t have the time or resources to go to a bank.

This type of loan can be a big help if you’re in need of cash quickly but don’t want to get into debt or risk losing your job. The best part is that you can apply for a loan from anywhere in the world.

There are many online lending options that offer fast cash. However, you should be aware that not all of them have the same terms and conditions. Some of them have a short loan term and high interest rates.


Cashalo is an app-based microloan lending platform that offers digital credit to Filipinos. Its goal is to elevate Filipinos’ financial well-being through access to on-demand loans, helping them build their credit history and become financially independent.

The loan app is a product of JG Summit Holdings and Oriente, a data-driven technology company that builds fintech ventures that unlock opportunities through financial inclusion. Its mobile application is designed to complement existing systems and enable unbanked Filipinos to access credit with the click of a button.

Through the use of next-generation data and mobile technologies, Cashalo determines the creditworthiness of its clients. It offers pre-approved credit within its mobile application, allowing clients to plan purchases and stick to their budgets.

Moreover, the loan app offers easy-to-understand terms and conditions. It also allows its customers to choose a repayment term and interest rate that fits their needs.

The app also offers a free loan education program to encourage customers to make responsible spending decisions. It has partnered with Knowledge Community to develop a set of financial literacy lessons for its users and encourages them to adopt positive money management practices, such as budgeting and savings.

Its partnership with GCash, an e-wallet that is specifically designed for the Philippines, also makes it convenient for borrowers to receive loan disbursements. The partnership enables borrowers to purchase loans and pay them through their GCash wallets, making it an ideal solution for Filipinos who wish to take out an emergency loan without hassle or risk.

With a range of microloans available to both banked and non-banked Filipinos, Cashalo helps members build their financial identity and become economically independent. Its customers borrow for a variety of purposes, from paying bills and school fees to purchasing appliances in installment and starting small businesses.

The company’s mission is to help its clients achieve their financial goals, and its products are designed to support a sustainable business model that ensures a healthy bottom line. Its customer-centric approach aims to reduce stress and increase financial inclusion in the country, enabling Filipinos to take control of their finances and elevate their lifestyles.

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