Microcredit company Metro Quicash issues loans to individuals in the Philippines. The firm provides online loans with the lowest interest rate, quickly considering applications of borrowers. Requirements for individuals are standard, loans are issued 24 hours a day. The loan period is 1-3 months, the company has been working in the financial services industry for 10 years and is a worthy competitor. To take a loan here, you need a minimum of time and documents, and this is a significant advantage for borrowers. The company willingly issues money to those citizens who work abroad or are going to go there, so that they quickly solve their financial problems, can save a little for themselves and repay the loan, while paying the minimum interest fee.
Interest Rates: 3.5% per month
Minimum loan amount: 20 000 PHP
Maximum loan amount: 500 000 PHP
Payment terms: 3 – 12 months
Approval time: 24 hours
1. Latest POEA Validated Standard contract of Employment / Certificate of Employment / Job Order
2. E-Receipt / Oversease Employment Certificate (OEC)
3. Flight details / Plane Ticket
4. Updated Passport and VISA
5. Marriage Contract, if married / Birth Certificate if single
6. 3 pcs. 2 x 2 pictures
7. Photocopy of 2 valid ID’s with permanent address and signatures
8. Latest original Proof of billing (water/electric)
9. Latest proof of Residency (NBI, Police Clearance and etc. and for provincial Brgy. Clearance)
10.Sketch of Residence
To get a microloan on the Metro Quicash website, the borrower needs to open it online and fill out a standard form. In the electronic loan application, the consumer will have to specify the following data:
By filling out an electronic application, you can send it for consideration, waiting for the decision of the company in a few minutes. Metro Quicash issues quick and easy loans to those Filipinos who go to work abroad, to citizens who work in their home country, loans are not provided. Representatives of the company fully understand the problems of workers, doing everything possible to help their citizens solve troubles faster.
The main advantages of the microfinance firm Metro Quicash allow customers to get many benefits, among them the following:
To get a microloan, you need to have documents and a bank card with you, making a loan for the necessary amount in a couple of minutes. On the company’s website you can always read the latest and relevant news for borrowers, containing a maximum of useful information.
Microfinance company Metro Quicash has been on the market for 10 years, has a good reputation and competitiveness, so it is chosen by many people. An additional advantage for borrowers will be a round-the-clock online service, fast transfer of money. The company has set the lowest interest rate in the country, which has a rate of 0.3% per day. The company imposed basic requirements to its borrowers, there are no additional questions in the application. Regular customers get even better offers by becoming members of the loyalty program. The company has no hidden fees or commissions, customers receive financial support on transparent terms.
In order to get an online loan from Metro Quicash, a client needs to take the following 5 steps:
The algorithm for obtaining a microloan is very simple and clear; therefore, many borrowers use the services of this particular firm.
Borrowers can return a microloan to Metro Quicash online, through a personal account. You can transfer money from a bank card linked to a profile, which is done instantly, without additional fees. You can pay the loan through the self-service terminal or by bank transfer, clarifying how long the money will go.
Metro Quicash has one head office and two branches, which are located at the following addresses:
|No.||Office address information|
|1.||Head office, Bocobo Shopping Center, 1253, Padre Faura Street.|
|2.||A branch of Medalle Building Annex in Cebu City.|
|3.||A branch of the firm on the second floor of the Insular Life Building, on Aldario Acutt Street.|
|Min. financing amount||₱20000|
|Max. financing amount||Up to ₱500000|
|Min. loan tenure||3 months|
|Max. loan tenure||12 months|
|Interest rate||3.5% - 4%|
|Approval duration||Up to 24 hours|
|TERM||3 months||4 months||5 months||6 months||12 months|
|One time setup|
|Disbursement & misc. fee||N/A|
|Early settlement||no information|
|Late payment charges||no information|
|Other penalties||no information|
|Age requirement||over 18 years old|
|Employment eligibility||Citizens of the Philippines: registration documents and bank statements for individual entrepreneurs, as well as a certificate of employment with a salary for the last 6 months|
|Min. salary requirement||₱0 gross per month|
|Guarantor / Collateral requirement||No|
|Need to open linked banked account?||Yes|
Typically, you should apply for an OFW loan when you already have an OWWA passport and other documents confirming your OFW status.
The longest loan period is 12 months.
You can take a co-borrower, but this is not a prerequisite. A co-borrower should be attracted if your income is not enough to get a loan for the amount you need.
CO-BORROWER REQUIREMENTS :
• Spouse or immediate relative with steady sourceof income. (If the spouse if not qualified as a co-brrower, he/she will sign Promissory Note)
1. 3 pcs. 2 x 2 pcs. Pictures
2. Photocopy of 2 valid ID
3. Latest Proof of billing
5. Latest Proof of income
|Full company name||Metro Quicash Lending Corp.|
|Address||UNIT 3 BOCOBO COMMERCIAL CENTER J. BOCOBO ST COR. PADRE FAURA ST ERMITA, Ermita, Manila, 1000 Metro Manila,|
|Phone number||09060665124 | 09060150050 | 09985101389 | 09992202011|
this company has helped me in the past months. So easy to apply, and they don't make you feel like a second class person because you ask for help. I hope this loan will be my last needed loan, but I know they are here if needed. Thank you,!
Metro quicash Loans has the best customer service i have ever experienced with any Loan Company or Bank,very easy to deal with them, i have been dealing with them for the last 4 years, thank you...