Peso-Online, a secure online cash loan platform licensed by the Philippine SEC, offers convenient and fast loan services through its Canara Business Partner Loan App. Borrowing is simple: download the app, register with your phone number, and apply for a loan ranging from ₱5,000 to ₱500,000, repayable over 6 to 24 months. Interest rates (APR) vary from 3.5% to 12% annually, with processing fees between 2.5% and 5%. A daily late fee of up to 0.1% (capped at 18% of the overdue principal) applies to late payments. Transparency is key; there are no hidden fees. Repayment options include 7-Eleven, GCash, Coins.php, or bank deposit. Contact RIALF Lending Corporation for inquiries.
Key benefits include:
- Secure Lending: SEC-licensed, ensuring safe loan practices.
- Speed and Ease: Access funds quickly—disbursement within 24 hours is possible.
- Data Security: Personal information is protected via encryption, used solely for verification.
- Multiple Lenders: Access loans from various sources, simplifying the process.
- Reliable Support: A dedicated customer service team provides assistance.
- Transparent Fees: All fees are clearly disclosed upfront, with no hidden charges.
Eligibility requires a valid Philippine phone number, government-issued ID, proof of stable income, and age between 20 and 49. Repayment methods include 7-Eleven, GCash, Coins.php, and bank transfers. RIALFE LENDING CORPORATION provides the app, with full company registration and licensing details available within the app.