MeLoan in the Philippines
MeLoan MeLoan App is the First Fintech Service that offers loan for Students and Employees in the Philippines. A tech-and-touch strategy, you can now have effortless and guaranteed fast loan application anytime, anywhere just right on your smartphone — providing users an easy and fast financial support to all students and employees on-the-go nationwide! Personal […]
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MeLoan
MeLoan App is the First Fintech Service that offers loan for Students and Employees in the Philippines. A tech-and-touch strategy, you can now have effortless and guaranteed fast loan application anytime, anywhere just right on your smartphone — providing users an easy and fast financial support to all students and employees on-the-go nationwide!
Personal loan
Interest Rates: 15% per month
Minimum loan amount: 1 000 PHP
Maximum loan amount: 10 000 PHP
Payment terms: 7 – 30 days
Approval time: 1 hour
Calculate loanBorrower requirements
Eligibility:
– At least 21 – 60 years old
– Must be a Filipino Citizen
– Must have an office or residence landline
– Valid ID/documents
– Bank account
Product Features
| Min. financing amount | ₱1000 |
| Max. financing amount | Up to ₱10000 |
| Min. loan tenure | 1 months |
| Max. loan tenure | 1 months |
| Interest rate | 15% - 15% |
| Approval duration | Up to 24 hours |
| Debt consolidation | Yes |
Example of calculating interest and loan payments
| TERM | 1 months | 2 months | 3 months | 4 months | 1 months |
| LOAN AMOUNT | ₱5000 | ₱5000 | ₱5000 | ₱5000 | ₱5000 |
| FEE | 15% | 15% | 15% | 15% | 15% |
| INTEREST AMOUNT | ₱63 | ₱125 | ₱188 | ₱250 | ₱63 |
| TOTAL REPAYMENT | ₱5063 | ₱5125 | ₱5188 | ₱5250 | ₱5063 |
Other Requirements
| Need to open linked banked account? | Yes |
FAQ
Download our application from Google Play, register and fill out the application and attach copies of the necessary documents.
Usually a credit decision within one banking day after applying.
You can receive funds in your own Bank account.
Yes, you can repay the loan ahead of schedule.
No, you don’t need a surety or collateral.
The longest loan period is 30 days.
Contacts
| Full company name | MeLoan |
| Address | |
| Phone number | (02) 241.1160, (+63) 0917.5138777, (+63) 0921.7098737 |
| support@meloan.ph | |
| Social networks |
