Loansolutions PH
The company connects consumers with financial institutions and banks to ensure a simpler loan application process, similar to what Lendr does. Funding comes from partner banks, LoanSolutions. PH serves as an intermediary.
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About company
Through this platform, different loan products and services can be availed depending on your needs. Whether it is for buying a new home, financing a new car, sending a child to college, financing your medical bills, Loansolutions.ph is here to help you! Now you no longer have to leave the comfort of your home just to inquire for available loan products, obtain more details, and start your application.
FILL THE APPLICATION FORM, check your loan options, get creditors approval and money in a bank account.
Personal loan
Rates: 1,2% per month
Minimum loan amount: 15 000 PHP
Maximum loan amount: 1 000 000 PHP
Payment terms: 6-60 months
Approval time: up to 24 hours
Borrower requirements
Eligibility:
- At least 21 years old at the time of application but not more than 70 years old upon loan maturity
- Must be a Filipino Citizen
Requirements:
Employed applicants:
- Government-issued photo-bearing ID (Passport, Driver's License, SSS, PRC, etc.)
- 3 months original pay slip and/or Latest Income Tax Return with BIR or Bank stamp (BIR Form 2316)
Self – Employed applicants:
- Business must be operational for at least 3 years
- Government-issued photo-bearing ID (Passport, Driver's License, SSS, PRC, etc.)
- Audited Financial Statements for the last 3 years
- Latest Income Tax Return (BIR Form 1700 /1701)
- Business Permit from DTI or SEC
OFW applicants:
- Government-issued photo-bearing ID (Passport, Driver's License, SSS, PRC, etc.)
- Agency based: POEA contract
or Employment contract with boarding date Direct hire: Proof of remittance, POEA OFW Information Sheet or POEA
- Overseas Employment Certificate and Work Contract
Product Features
| Min. financing amount | ₱15000 |
| Max. financing amount | Up to ₱1000000 |
| Min. loan tenure | 6 months |
| Max. loan tenure | 60 months |
| Interest rate | 1.2% - 1.6% |
| Approval duration | Up to 24 hours |
| Debt consolidation | Yes |
Example of calculating interest and loan payments
| TERM | 6 months | 7 months | 8 months | 9 months | 60 months |
| LOAN AMOUNT | ₱500000 | ₱500000 | ₱500000 | ₱500000 | ₱500000 |
| FEE | 1.2% | 1.2% | 1.2% | 1.2% | 1.2% |
| INTEREST AMOUNT | ₱3000 | ₱3500 | ₱4000 | ₱4500 | ₱30000 |
| TOTAL REPAYMENT | ₱503000 | ₱503500 | ₱504000 | ₱504500 | ₱530000 |
Fees & Charges
| One time setup | |
| Processing fee | no-fee |
| Stamp duty | N/A |
| Disbursement & misc. fee | N/A |
| Annual fee | 15-20% |
| Other fees | N/A |
| Penalties | |
| Early settlement | no information |
| Late payment charges | no information |
| Other penalties | no information |
Eligibility
| Age requirement | 21-70 |
| Employment eligibility | Filipino permanent resident and permanent company, Permanently working, Self-employed, managing a legitimate business that has been profitable for at least 3 years |
| Min. salary requirement | ₱10000 gross per month |
| Guarantor / Collateral requirement | No |
Other Requirements
| Need to open linked banked account? | Yes |
| Other details | - |
FAQ
You need to follow the link and register on the company website. After registration you will be available credit limits
The loan can be received by any adult person who has a telephone and a document for identification.
There are many companies in the market that you can turn to, so we advise you to give preference to several organizations in order to be able to choose from several organizations.
Of course! But it has various consequences. But we by no means advise doing so.
Contacts
| Full company name | LoansolutionsPH |
| Address | Unit 118, Sycamore Tower, The North Grove, Camarin Road, Caloocan City, Philippines, 1400 |
| Phone number | (02) 372-6744 |
| info@loansolutions.ph | |
| Social networks |
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User rating
Reviews
A Beautiful Company
At first glance, Loan_Solutions might seem to be just another payday loan lender, but their services are slightly different and show a greater understanding of people’s needs. They offer three different short-term loan packages for three, six and 12 months. over all it is great company.