In the Philippines, finding trustworthy, legit online loans can be really helpful for people who need financial assistance. It’s important to know what options are out there so you can make the best choice for you. This blog post will walk you through 27 legit online loans in the Philippines, giving you all the key details and things to think about for each one.

Types of Legit Online Loans

It’s important to consider the different types of legite online loans in the Philippines that are available to suit various needs. Many people turn to personal loans for their versatility, allowing them to cover different expenses such as medical bills or home renovations. Salary loans are commonly sought after by employees who need quick access to cash, as they can borrow a percentage of their monthly income. On the other hand, microloans cater to small business owners and startups, providing them with the opportunity to obtain smaller amounts of funding to support their business growth. Each of these loan options comes with its own advantages and could be a helpful resource for those looking for financial support online.

Criteria for Eligibility

When it comes to qualifying for financial assistance, there are a few important things to keep in mind. First, you usually need to be at least 18 years old to apply, which makes sense since that’s the legal age to enter into a contract. Income levels also matter because they show whether you can repay the loan. People with certain incomes may find it easier to get funding. Having a stable job that you can prove is also really important. Lenders like to see that you have a reliable income, as it’s a good sign that you can pay back what you borrow.

If you’re thinking about getting financial help, you might be considering legit online loans in the Philippines. These loans are a convenient option for handling unexpected money needs. They often have simple application processes and quick approval times, which can be a real plus for anyone who meets the requirements. Also, digital lending platforms are becoming more inclusive, serving people with various incomes and work backgrounds. By meeting the age, income, and employment standards, you can improve your chances of getting these online loans and get the money you need to manage financial challenges better.

Top 27 Legit Online Loan Providers

In today’s fast-paced world, financial emergencies can strike at any moment, leaving many of us in a tight spot. Whether it’s an unexpected medical bill or urgent home repairs, having quick access to cash is crucial. Fortunately, the digital age has ushered in a new wave of options with legit online loans in the Philippines that promise convenience and speed. But how do you separate reliable lenders from the countless scams lurking on the internet?

Here are 27 legit online loans available in the Philippines that cater to your various needs. From small personal loans to larger amounts for business ventures, we’ve got you covered with trusted options that make borrowing easier than ever before. Get ready to discover safe and accessible ways to secure funds without all the stress!

1. ACOM

• Loan Amount: ₱5,000 to ₱500,000
• Loan Term: 6 to 10 months
• Interest Rate: 4.988%

ACOM is a top provider of personal loans in Japan. It is authorized, registered, and regulated by the SEC in the Philippines. This makes it a reliable choice for legit online loans in the Philippines. ACOM offers loan amounts from 5,000 to 500,000 PHP and flexible loan terms of 6 to 10 months. The interest rates start at just 4.988%, making it a competitive option. Borrowers benefit from a diminishing interest amount, meaning the more you pay, the less interest you accrue. The application process is fast and simple and offers quick access to funds. Additionally, there are flexible repayment options tailored to your needs.

2. AEON Credit Service

• Loan Amount: Depends on credit evaluation
• Loan Term: 6 and 12 months
• Interest Rate: 2.50% for existing customers; 4% to 6% for new

AEON Credit Service offers a variety of financial solutions tailored to meet the needs of Filipino consumers, including personal and cash loans, tricycle loans, 2-wheel loans, and 4-wheel loans. With loan amounts determined by credit evaluation and flexible terms of 6 or 12 months, AEON ensures accessibility for both existing and new customers, who can benefit from competitive interest rates ranging from 2.50% to 6%. As a trusted provider of legit online loans in the Philippines, AEON aims to empower individuals by providing them with essential financial resources to improve their livelihoods and achieve their goals.

3. Asialink

• Loan Amount: Depends on asset’s appraised value
• Loan Term: Up to 48 months
• Interest Rate: Starts at 1.5%

Asialink Finance Corp. is your go-to source for securing legit online loans in the Philippines, offering flexible loan amounts based on the appraised value of your assets. With loan terms extending up to 48 months and competitive interest rates starting at just 1.5%, Asialink Finance makes it easy for individuals and businesses alike to access the funds they need quickly. Their streamlined application process ensures that you can apply and receive approval within a day, making it a convenient option for those seeking reliable financial assistance.

4. Atome

• Loan Amount: ₱500 to ₱50,000
• Loan Term: Up to 12 months
• Interest Rate: Starts at 1.75%

Atome offers a convenient way to access legit online loans in the Philippines, with loan amounts ranging from 500 to 50,000 and flexible terms of up to 12 months. With interest rates starting as low as 1.75%, Atome has established itself as a leading buy now pay later brand in Asia since its launch in December 2019. Partnering with over 5,000 top-tier online and offline retailers across various sectors, including fashion, beauty, lifestyle, fitness, and homeware, Atome’s services are now available in nine markets across Southeast Asia and Greater China. As part of the Advance Intelligence Group, a Series-D AI-driven technology company, Atome continues to innovate and enhance the borrowing experience for consumers.

5. Blend

• Loan Amount: PH ₱10,000 to ₱3 million
• Loan Term: 1 to 36 months
• Interest Rate: 1% to 8%

If you’re looking for a reliable way to secure funding, BlendPH offers a seamless experience for obtaining legit online loans in the Philippines. With loan amounts ranging from PHP 10,000 to PHP 3 million and flexible terms from 1 to 36 months, borrowers can find the perfect solution to meet their financial needs. The interest rates vary between 1% to 8%, ensuring that there are options suitable for different financial situations. By utilizing BlendPH’s trusted peer-to-peer funding platform, you can quickly and easily navigate the borrowing process while also having the opportunity to invest.

6. Cash Mart

• Loan Amount: ₱3,000 to ₱150,000
• Loan Term: Weekly, biweekly, monthly
• Interest Rate: 0.06% to 1% per day

Cash Mart Philippines stands out as a leading provider of legit online loans in the Philippines, offering loan amounts ranging from 3,000 to 150,000 pesos. With flexible loan terms that accommodate weekly, biweekly, and monthly repayments, Cash Mart ensures that Filipino borrowers can choose a plan that best fits their financial situation. The competitive interest rates, ranging from 0.06% to 1% per day, make it an attractive option for those in need of quick financial solutions. Committed to delivering funds in the shortest time possible, Cash Mart aims to bridge the financial gap for Filipinos across the nation effectively.

7. Cashalo

• Loan Amount: ₱1,000 to ₱7,000
• Loan Term: Up to 90 days
• Interest Rate: Starting at 3.95%

Suppose you’re looking for a quick financial solution. In that case, Cashalo offers a variety of legit online loans in the Philippines, allowing you to borrow amounts ranging from 1,000 to 7,000 pesos with flexible loan terms of up to 90 days. With interest rates starting as low as 3.95%, obtaining a fast and affordable cash loan has never been easier. All you need is one valid ID, an e-wallet or bank account, and just a few minutes to complete the application process, making it a convenient option for those in need of immediate funds.

8. CIMB

• Loan Amount: ₱30,000 to ₱1 million
• Loan Term: 12 to 60 months
• Interest Rate: Starts at 0.83%

CIMB Group offers a competitive range of financial products, including personal loans that cater to varying needs, with amounts ranging from 30,000 to 1 million and flexible terms from 12 to 60 months. With interest rates starting at an impressive 0.83%, CIMB provides an attractive option for those seeking legit online loans in the Philippines. As a leading bank in the ASEAN region and a pioneer in Islamic finance, CIMB Group is well-equipped to serve individual and corporate clients while ensuring a seamless borrowing experience.

9. Crezu by Credum

• Loan Amount: Up to PHP 25,000
• Loan Term: 5 to 24 months
• Interest Rate: 0% for first time clients

Crezu by Credum offers a seamless way to access legit online loans in the Philippines, providing amounts of up to PHP 25,000 with flexible loan terms ranging from 5 to 24 months. First-time clients can benefit from an attractive interest rate of 0%, making it an ideal choice for those in need of quick financial assistance. With a straightforward online application process, you can apply today and receive your funds swiftly, ensuring that your personal financial needs are met with ease and efficiency. Don’t miss the opportunity to secure a fast and reliable loan tailored to your requirements!

10. Digido

• Loan Amount: ₱1,000 to ₱25,000
• Loan Term: Contact the lender for info
• Interest Rate: 0% to 1.5%

Digido is revolutionizing the lending landscape in Asia by providing legit online loans in the Philippines, with amounts ranging from 1,000 to 25,000 and interest rates as low as 0% to 1.5%. Their user-friendly mobile app and official website offer a range of inclusive lending solutions tailored for underbanked and underserved consumers, enabling them to access instant and transparent financing. This innovative approach facilitates immediate participation in the formal digital ecosystem and empowers individuals to strengthen their financial well-being and achieve their personal goals more efficiently.

11. Esquire Financing

• Loan Amount: Up to ₱100 million
• Loan Term: Contact the lender for info
• Interest Rate: Subject to the lender’s approval

Esquire Financing offers a range of financial solutions, including legit online loans in the Philippines, with loan amounts of up to 100 million and flexible terms designed to meet your business needs. Their streamlined application process ensures that you can secure fast, hassle-free, and non-collateral loans with minimal requirements, allowing you to focus on growing your business. With the potential for approval in as little as three working days, Esquire Financing is committed to providing quick access to funds while maintaining competitive interest rates, subject to lender approval.

12. Finbro

• Loan Amount: ₱1,000 to ₱50,000
• Loan Term: 12 months
• Interest Rate: 0% to 6%

Finbro is a leading platform for those seeking legit online loans in the Philippines, designed to provide quick financial relief for unexpected expenses. With loan amounts ranging from PHP 1,000 to PHP 50,000 and flexible payment terms of up to 12 months, borrowers can easily apply using their smartphones or laptops. The process is streamlined, allowing for approval within minutes, and funds are conveniently disbursed directly to your e-wallet or bank account, making it an efficient solution for urgent financial needs.

13. First Circle

• Loan Amount: Up to ₱20 million
• Loan Term: Up to 12 months
• Interest Rate: 0.99% to 2.49%

First Circle is a leading provider of legit online loans in the Philippines, offering flexible financial solutions tailored to meet the needs of businesses. With loan amounts of up to 20 million pesos and terms extending up to 12 months, First Circle ensures that entrepreneurs can access affordable funding. Their competitive interest rates, ranging from 0.99% to 2.49%, make it easier for businesses to manage cash flow gaps, fund expansion projects, and enhance working capital through their innovative Revolving Credit Line. As an SEC-registered fintech company, First Circle is committed to helping Filipino businesses thrive in a competitive market.

14. GDFI

• Loan Amount: Starts at ₱10,000
• Loan Term: Starts at 12 months
• Interest Rate: Starts at 1%

GDFI offers legit online loans in the Philippines, making it easier for Filipinos to achieve their financial goals with flexible and affordable loan products. With loan amounts starting at 10,000 and terms beginning at just 12 months, borrowers can access funds at competitive interest rates starting from 1%. This financial institution is committed to providing innovative loan facilities that address the diverse needs of its customers, whether they are looking to purchase a car, fund a business, pay for tuition, improve their homes, or cover emergency medical expenses. GDFI ensures that its services come with manageable interest rates and convenient payment options, making it a reliable choice for those seeking financial assistance.

15. GCash GLoan

• Loan Amount: PHP 1,000 – PHP 125,000
• Loan Term: 5 to 12 months
• Interest Rates. 1.59% – 6.99% per month

GCash offers a convenient option for those seeking legit online loans in the Philippines through its GLoan service, allowing users to borrow amounts ranging from PHP 1,000 to PHP 125,000 with flexible loan terms of 5 to 12 months. The interest rates are competitive, ranging from 1.59% to 6.99% per month, making it an attractive choice for individuals looking to manage their finances efficiently. To unlock GLoan, users are encouraged to actively engage with various GCash services such as Pay Bills, Buy Load, and Cash In, as eligibility assessments are conducted weekly. Once eligible, applicants will receive an SMS notification from GCash or can easily check their status through the GLoan dashboard in the app.

16. Home Credit

• Loan Amount: ₱3,000 to ₱150,000
• Loan Term: 6 to 60 months
• Interest Rate: Starts at 2.32%

Home Credit is dedicated to providing world-class financial inclusion and lending services, particularly for first-time borrowers seeking accessible and reliable financial solutions. With loan amounts ranging from 3,000 to 150,000 pesos, flexible loan terms between 6 to 60 months, and competitive interest rates starting at just 2.32%, Home Credit is committed to being a trusted financial ally for individuals navigating their financial journeys. As the demand for legit online loans in the Philippines continues to grow, Home Credit aims to empower customers by offering transparent, convenient, and user-friendly services that cater to their unique needs and aspirations.

17. JuanHand

• Loan Amount: Up to ₱15,000
• Loan Term: Up to 3 months
• Interest Rate: 9% to 12%

JuanHand offers a convenient solution for those needing cash through its instant lending services, providing up to 15,000 PHP with flexible loan terms of up to 3 months. With an interest rate ranging from 9% to 12%, JuanHand caters to Filipinos seeking financial assistance, regardless of their credit history, making it a reliable option for many. As a platform that prioritizes accessibility and efficiency, it stands out among legit online loans in the Philippines, ensuring that borrowers can secure funds quickly and easily using just their smartphones.

18. Maya

• Loan Amount: ₱15,000 to 250,000
• Loan Term: Up to 24 months
• Interest Rate: Starts at 0.83%

Maya offers a personal loan that ranges from 15,000 to 250,000 PHP, with terms of up to 24 months and interest rates starting as low as 0.83%. Currently in early access, this loan is available to select users who meet specific eligibility criteria, including Filipino citizens aged 21 to 65, upgraded accounts, and good credit standing. For those searching for legit online loans in the Philippines, Maya presents a promising option that combines competitive rates with a streamlined application process, making it easier for individuals to access the funds they need.

19. Moneycat

• Loan Amount: ₱500 to ₱20,000
• Loan Term: 3 to 6 months
• Interest Rate: 11.9% per month

If you’re looking for a convenient financial solution, Moneycat offers a range of legit online loans in the Philippines, allowing you to borrow amounts from PHP 500 to PHP 20,000. With a loan term of 3 to 6 months and a competitive interest rate of just 11.9% per month, you can secure funds quickly and easily. The application process is streamlined, taking only about 5 minutes, and for first-time borrowers, the initial loan is offered completely free of interest. Whether you need funds for unexpected expenses or to cover urgent bills, Moneycat provides a reliable option to meet your needs.

20. Online Loans Pilipinas (OLP)

• Loan Amount: ₱1,000 to ₱20,000
• Loan Term: 61 to 183 days
• Interest Rate: None for first-time borrowers; maximum APR of 143%

Online Loans Pilipinas (OLP) presents a seamless solution for individuals seeking legit online loans in the Philippines. With loan amounts ranging from 1,000 to 20,000 pesos and flexible terms of 61 to 183 days, OLP caters to the diverse financial needs of Filipinos without the hassle of office visits, collateral, or lengthy approval processes. First-time borrowers can benefit from a zero percent interest rate, while returning customers can enjoy a maximum APR of 143%. Our commitment to high business ethics and transparency ensures that you receive fast and efficient financial services tailored to your requirements, making OLP a reliable choice for your lending needs.

21. Radiowealth Finance (RFC)

• Loan Amount: ₱10,000 to ₱5million
• Loan Term: 3 to 36 months
• Interest Rate: Subject to the lender’s approval

Radiowealth Finance Company (RFC) has been a trusted partner for Filipino entrepreneurs since 1964, ensuring they have access to the necessary financing to help their businesses thrive. With loan amounts ranging from 10,000 to 5 million and flexible terms of 3 to 36 months, RFC provides tailored financial solutions that cater to the diverse needs of its clients. Whether you are seeking to expand your business or manage operational costs, RFC stands out as a reliable source for legit online loans in the Philippines, committed to uplifting communities and celebrating the successes of local entrepreneurs.

22. SB Finance

• Loan Amount: ₱10,000 to ₱2 million
• Loan Term: 3 to 48 months
• Interest Rate: 1.25% to 3.5%

SB Finance is dedicated to empowering Filipinos by providing access to legit online loans in the Philippines, with loan amounts ranging from 10,000 to 2 million pesos. Our flexible loan terms span from 3 to 48 months, and we offer competitive interest rates between 1.25% to 3.5%. We specialize in financing services, including personal loans, OR/CR for cash through our Car4Cash program, MotorsikLOAN for motorcycle financing, and employee salary advances. Whether you need immediate funds or financial assistance for personal projects, SB Finance is here to support you toward financial stability.

23. SLoan by Shopee

• Loan Amount: Up to ₱100,000
• Loan Term: 3 to 12 months
• Interest Rate: 1% to 5%

SLoan by Shopee offers a fast and convenient solution for those seeking legit online loans in the Philippines, allowing eligible users to access cash loans of up to Php 100,000 with competitive interest rates ranging from 1% to 5%. With flexible repayment terms of 3, 6, 9, or 12 months—where 9 and 12 months are available exclusively for selected users—SLoan ensures that borrowers can manage their finances effectively. After activating their SLoan account, users can easily request a withdrawal up to their approved credit limit, making it an ideal choice for anyone in need of quick financial assistance.

24. Tala

• Loan Amount: Up to ₱25,000
• Loan Term: 1 to 61 days
• Interest Rate: 0.43% to 0.5% (daily service fee)

Tala is a leading provider of legit online loans in the Philippines, offering up to 25,000 with loan terms ranging from 1 to 61 days. With a competitive interest rate of 0.43% to 0.5% as a daily service fee, Tala’s user-friendly smartphone app allows borrowers to access instant credit scoring and personalized financial services. Millions have benefited from Tala’s innovative approach, which leverages alternative data to assess creditworthiness in real-time, ensuring that anyone with an Android device can apply and receive a quick decision, regardless of their previous credit history. By helping customers secure fast loans, Tala also helps them build their financial identities over time.

25. Tonik

• Loan Amount: Up to ₱20,000
• Loan Term: 6, 9, and 12 months
• Interest Rate: Starts at 4.84%

Tonik is redefining the banking landscape in Southeast Asia by offering innovative financial solutions, including legit online loans in the Philippines. With loan amounts of up to 20,000 and flexible terms of 6, 9, or 12 months, Tonik aims to cater to the diverse needs of its customers. The interest rate starts at a competitive 4.84%, making it an attractive option for those seeking accessible financing. As a digital-only bank, Tonik is committed to providing a simple and user-friendly platform that empowers existing banking customers and the 70% of Filipinos who remain unbanked to take control of their finances easily and conveniently.

26. UNO Digital Bank Personal Loan

• Loan Amount: ₱10,000 to ₱500,000
• Loan Term: 6 to 36 months
• Interest Rate: Starts at 2%

UNO Digital Bank offers a convenient solution for those seeking legit online loans in the Philippines, with loan amounts ranging from 10,000 to 500,000 pesos and flexible terms spanning 6 to 36 months. With an interest rate starting at just 2%, UNO Digital Bank stands out as South East Asia’s first full-spectrum digital bank, licensed by the Bangko Sentral ng Pilipinas. By pioneering a new approach to banking, UNO Digital Bank ensures that financial services are simple, better, and accessible, empowering customers to easily achieve their financial goals.

27. Vidalia

• Loan Amount: ₱5,000 to ₱500,000
• Loan Term: 3 to 12 months
• Interest Rate: 4% to 6%

Vidalia Lending Corp. stands out as a reliable provider of legit online loans in the Philippines, offering loans ranging from 5,000 to 500,000 with flexible terms of 3 to 12 months. With interest rates between 4% and 6%, Vidalia combines traditional credit evaluation methods with innovative technology to ensure an efficient and trustworthy lending experience. Their constantly improving credit evaluation system learns from monthly loan repayment and delinquency data, allowing borrowers to access the funds they need while maintaining a secure and responsible borrowing environment.

Application Process

The application process for securing legit online loans in the Philippines begins with filling out an online application form designed to gather essential personal and financial information. Once the form is submitted, applicants must upload the required documents, such as proof of income and identification, to support their application. Following this, the verification process takes place, where lenders assess the submitted information to ensure accuracy and eligibility. This streamlined approach not only facilitates quick access to funds but also enhances the overall experience of obtaining financial assistance conveniently and efficiently.

Interest Rates and Fees

When considering legit online loans in the Philippines, it’s essential to understand the various components that can affect the overall cost of borrowing. The Annual Percentage Rate (APR) is a crucial factor, as it reflects the yearly interest rate charged on the loan, including any additional processing fees. These processing fees can vary significantly among lenders, impacting the total amount you will repay. Furthermore, borrowers should also be aware of late payment charges, which can add to the financial burden if repayments are not made on time. By carefully reviewing these factors, individuals can make informed decisions and choose the most suitable loan options.

Repayment Options

When looking for financial assistance, it’s important to take into account repayment options that can fit your current financial circumstances. Many legitimate online lenders in the Philippines offer flexible repayment terms, giving borrowers the flexibility to select a schedule that matches their income. Moreover, automatic debit arrangements can simplify the repayment process, ensuring that payments are made on time without requiring manual intervention. Additionally, for those who are able to repay their loans ahead of schedule, numerous lenders provide early repayment benefits, which can result in lower interest costs and a faster path to achieving financial independence.

Endnote: 27 legit online loans in the Philippines

Navigating the landscape of legit online loans in the Philippines can be simplified by understanding the types of loans available, eligibility criteria, top providers, application processes, interest rates, fees, and repayment options. By making informed choices, individuals can access financial assistance responsibly and effectively.