The online lending platform that provides borrowers with a place to fund their financial needs. According to their website, “Less fuss than visiting a traditional lender,” owned by Freedom Peak Financial Management Consultancy.Visit site
MoneyTree Quick Loan provides an easy and quick getting of personal loan for individuals.
The company is engaged in lending on the Internet. The legality of the activity can be verified by checking the presence of the company name in the list on the official website of the government sec.gov.ph number 1031.
The financial institution has the appropriate permission to operate from the Securities and Exchange Commission.
Interest Rates: 10% per month
Minimum loan amount: 2 000 PHP
Maximum loan amount: 10 000 PHP
Payment terms: Up to 6 months
Approval time: 24-48 hours
– At least two (2) valid IDs of you and your co-maker. e.g. New SSS/TIN/GSIS ID, Driver’s License, Company ID, Passport, PRC ID, Postal ID
– your last 2 pay slips
– your last 3 months bank statements
– Proof of Billing e.g. electricity, water utility, cable service, phone/mobile billing statement.
MoneyTree Quick Loan issues an amount from 2 to 10 thousand Philippine pesos for a period of 15 days to 6 months.
In situations where the salary day is not soon, and the balance is nearing zero, the short-term loan will help. The main characteristics of the product are quick approval and crediting of funds, as well as automatic debiting from the card on the day of repayment.
Initially, the service may approve an amount of 500 to 3 000 Philippine pesos. For loan processing, you need a minimum of documents: 2 proof of identity (passport, driver’s license, other certificates), home, work and mobile phone number, linking to your Facebook profile. Collateral and co-borrower are not required. There is an opportunity to add a card for direct debit cancellation on the day of loan repayment.
In case of reapplication the amount can be increased.
Customers of MoneyTree Quick Loan appreciated a number of advantages of the company:
The high level and speed of service helps people who can not use traditional lending. The call center of the site solves any customer issues promptly, so that after 1-2 days the approved loan will already be on the client’s card.
MoneyTree Quick Loan stands out among other similar companies due to the long and stable work in the financial market, a large number of reviews of satisfied customers. The company is valued for the speed of processing applications, the competence of employees, the transparency of actions taken, the company’s loyalty in solving problematic issues.
The site has a direct appeal to borrowers with a request to analyze their true financial situation and the need to borrow money. It describes in detail the consent to the processing of what personal data and for what purpose the client gives and to whom personal information can be transferred. This is a demonstration of caring for the borrower. The company does not set a goal to plunge a person into debt, which he won’t be able to repay, but seeks to help in a difficult situation.
At MoneyTree Quick Loan, you can get the amount you need by making a few simple steps.
If you responsibly approach the fulfillment of the terms of the contract and repay the debt in time, the credit limit will subsequently be increased, you will not need to fill in the questionnaire again and send the documents.
The payment schedule is individual, it is prescribed in the contract. The company takes into account the regularity of the client’s income and makes a convenient repayment plan. These can be weekly or monthly payments. You can pay by bank transfer. It is possible to automatically write off the amount of debt from the client’s card. The company also cooperates with the nationwide network of PayMaya terminals, through which the debt to the MoneyTree Quick Loan is repaid. There is no fee for early repayment of the loan. Penalties and fines are charged for late payment. Loan non-repayment leads to litigation.
|Min. financing amount||₱2000|
|Max. financing amount||Up to ₱10000|
|Min. loan tenure||0.5 months|
|Max. loan tenure||6 months|
|Interest rate||10% - 10%|
|Approval duration||Up to 48 hours|
|TERM||0.5 months||1.5 months||2.5 months||3.5 months||6 months|
|One time setup|
|Disbursement & misc. fee||N/A|
|Early settlement||no information|
|Late payment charges||no information|
|Other penalties||no information|
|Age requirement||from 18 years old|
|Employment eligibility||The Philippine citizens, valid ID, bank account|
|Min. salary requirement||₱10000 gross per month|
|Guarantor / Collateral requirement||No|
|Need to open linked banked account?||Yes|
It’s easy and done through the site. Register using your mobile number; fill in your profile with the necessary personal, work and bank details (for verification and payment); and click apply!
If you are a new customer, you must receive a credit decision within one banking day after applying. For regular customers, you can make a loan decision faster, since most of your information has already been verified.
You will receive a system generated SMS advice on the status of application
You can get your money credited directly to your Bank account. You will be asked to enter your Bank account number in the loan application.
Yes, you can repay the loan ahead of schedule. Although there will be no deductions from your current payment, there will be other benefits such as a good credit rating and discounts for future loans.
You do not require any security or guarantor to apply for a Cash loan.
The longest loan period is 180 days.
|Full company name||MONEY TREE INTERNATIONAL FINANCE CORP.|
|Phone number||(+63) 908 896 2036|
I’m going through a difficult time with the decision to put my mom on Hospice. I emailed Customer Service and explain my situation to this company with one last payment pending to be cleared. I received a rapid response and quality heartfelt customer service . Thank you for being here in my time of NEED ♥️??
I love money free quick Loans. Great apr for people who who have bad credit and great alternative to a payday loan. Also flexible scheduling around your paychecks. They report to the credit bureaus to help your credit.
Very easy lender to deal with. They'll work with you on payments and won't process anything before the start of business on your pay day. Highly recommend over other lenders.