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 https://upfinance.com/app/uploads/2020/01/MeLoanLogos.png
(02) 241.1160, (+63) 0917.5138777, (+63) 0921.7098737, support@meloan.ph
Interest rate 15% - 15%
Loan tenure from 1 to 1 months
Approval duration Up to 24 hours
Min. monthly income1

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 loan

Borrower 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

 

Loan Calculator

%
Monthly payment
₱ 888.49
Total overpayment
₱ 661.85
Total
₱ 10661.85

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
E-mail support@meloan.ph
Social networks

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