Uploan requires that your employer be accredited to their system. They follow a more strict process, since payments will be linked to your salary (deduction from salary). They offer a large loan amount.Visit site
"A new way to advance financial well-being in the workplace" - this is the motto of the company UpLoan. It offers to draw up loans on favorable terms. This attracts many customers. What are the advantages of the service? What are the conditions for processing and returning loans?
UpLoan is a financial company operating in the Philippines. Its work is aimed at providing loans. Clients participating in salary programs are offered favorable conditions. Most services are the provision of salary loans. There are various insurance programs. They meet the financial needs of customers.
The company states that its goal is to make a loan available and affordable for any hard-working employee. Its mission is to formulate cost-effective and convenient financial solutions. Over the years, the company managed to help improve the financial situation of more than 10 million clients.
UpLoan has more than 300 partner companies.
Rates: 15% per month
Minimum loan amount: 2 000 PHP
Maximum initial loan amount: the same as the employee’s one (1) month salary
Payment terms: 1-36 months
Approval time: up to 24 hours
- At least 20 years old at the time of application but not more than 60 years old upon loan maturity
- Must be a Filipino Citizen
- Minimum gross monthly income for "Small business loan" & "Personal loan"- 20 000 PHP
- Minimum gross monthly income for "Business loan" - 50 000 PHP
- Latest 1-month payslip
- One (1) Government ID with 3 proof signatures
- Company ID (Front & Back copy)
To get a loan, you need to submit a relevant application. If you are already a client of the company, you can register on the site as a borrower.
Then you should prepare the necessary documents and wait for the call from the bank employee, who will confirm that your application has been approved.
Another offer is a salary advance. This service is providing a loan against salary payments. It allows employees to quickly get money to solve short-term financial problems. In this case, the interest rate on the loan is 0. The maturity of such a loan is 1 month.
Many customers use the facilities of this service. It has a number of advantages.
Many advise to choose this company because of reasonable conditions and requirements for loan processing. In order to draw up a loan, the client only needs to provide a payment sheet indicating the salary paid for the last month, an identity card, and confirmation of official employment.
Depending on the client's creditworthiness, he is given up to 36 months to repay the loan. It is often possible to face a situation where the initial loan coincides with an employee’s salary for one month.
If the client already has a valid outstanding loan, he can submit an application for the next one only after 80% of the previous loan has been repaid.
Among the company's advantages, which distinguish it from its competitors, is the adherence to three basic tenets. These proposals will be of interest to employers who may become potential partners of the bank. By accruing salaries through the company's accounts, they will provide their employees with access to bank products.
In the bank you can draw up insurance against unforeseen risks. You can insure your life, health, protect yourself from accidents. Protect yourself if you become disabled as a result of illness or injury.
Courses to eliminate financial illiteracy are organized.
To make a loan, the employee is enough to follow the algorithm, which consists of three points.
If the client still has questions, he can always contact the bank employees by email or phone (multichannel support service is available).
You can repay the loan in one of the branches of the bank UpLoan. If you make a salary advance, you don’t even have to go anywhere. At the time you receive another salary, the amount you borrowed from the bank will be automatically debited.
Please note that when you apply for a salary advance, you must return the money within one month.
The company's head office, where customers can turn for help, is located at Level 10-1, One Global Plase, 5th Ave. Cor. 25th St, BGC, Taguig, Philippines, 1632.
|Min. financing amount||₱2000|
|Max. financing amount||Up to ₱100000|
|Min. loan tenure||1 months|
|Max. loan tenure||36 months|
|Interest rate||15% - 15%|
|Approval duration||Up to 24 hours|
|TERM||1 months||2 months||3 months||4 months||36 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||Last payroll for 1 month, one (1) National ID with 3 checking signatures, company ID (front and back copy)|
|Min. salary requirement||₱10000 gross per month|
|Guarantor / Collateral requirement||No|
|Need to open linked banked account?||Yes|
You need to follow the link and register on the company website. After registration you will be available credit limits
The loan can be received by any adult person who has a telephone and a document for identification.
There are many companies in the market that you can turn to, so we advise you to give preference to several organizations in order to be able to choose from several organizations.
Of course! But it has various consequences. But we by no means advise doing so.
|Full company name||NEW CROSS GATE PHILIPPINES INC.|
|Address||Level 10-1, One Global Place, 5th Ave. Cor. 25th St., BGC, Taguig, Philippines, 1632|
|Phone number||0999 228 3308|
uploan is a short-term loan lender with a commitment to lend responsibly while offering low APR. The lender has been established since 2012 and provides lump sums to successful applicants with a chance to repay their loan within three months. With short-term loans