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.
Send an applicationUsually a credit decision within one banking day after applying.
Send an applicationYou can receive funds in your own Bank account.
Send an applicationYes, you can repay the loan ahead of schedule.
Send an applicationNo, you don’t need a surety or collateral.
Send an applicationThe longest loan period is 30 days.
Send an applicationContacts
| Full company name | MeLoan |
| Address | |
| Phone number | (02) 241.1160, (+63) 0917.5138777, (+63) 0921.7098737 |
| support@meloan.ph | |
| Social networks |
