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.

Visit site
LoansolutionsPH https://upfinance.com/app/uploads/2019/06/loansolutions.jpg
Unit 118, Sycamore Tower, The North Grove, Camarin Road, Caloocan City, Philippines, 1400
(02) 372-6744, info@loansolutions.ph
Interest rate 1.2% - 1.6%
Loan tenure from 6 to 60 months
Approval duration Up to 24 hours
Min. monthly income1 ₱10000

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:  From 1,2% to 1,6% 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

Contacts

Full company name LoansolutionsPH
Address Unit 118, Sycamore Tower, The North Grove, Camarin Road, Caloocan City, Philippines, 1400
Phone number (02) 372-6744
E-mail info@loansolutions.ph
Social networks

User rating

Reviews

8 months ago

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.