Blue Peso loan app Review Philippines legit or scam? sec registered?

Blue Peso is a lending application developed on a mobile platform in the Philippines. Currently it is one of the most reputable and trustworthy online loan apps here.

If you want to apply for a loan, don’t hesitate to choose this application. Retailasiaonline.com will accompany you to find more useful information to strengthen your confidence.

Summary of Blue Peso

What is Blue Peso?

Blue Peso is an application that provides lending services on a digital platform in the Philippines. Compared to borrowing money at traditional banks, online loans bring users more convenience, quickly, and save time. If you need capital urgently and cannot meet the standard loan method, consider choosing this application.

Pros of Blue Peso App

Although Blue Peso review has not been around for a long time, it has received the love of users because it has outstanding advantages, which are big pluses compared to other apps:

• The process is simple, all operations are online, saving time, you can request a loan anytime, anywhere.
• Documentation procedures are minimized, requiring only one of the legal identification documents such as: ID card, Passport, Driver’s License…
• Committed to protecting customer personal information, strictly complying with government data protection laws.
• Loan information is transparent, all details are clearly shown on the loan contract.
• Competitive interest rates.
• Professional and dedicated staff.
• Support for bad debt loans.
• There are incentive programs for first customers and loyal customers.
• Prestigious credit score assessment system is accurate and fair.

Cons of Blue Peso Loan App

Blue Peso review app still has a few disadvantages as follows:

• Low credit limit, only suitable for consumption purposes. If you want to raise capital to serve your business needs, you should consider it.
• Interest rates are higher than traditional banks.
• Collect service fees: application fees, consulting fees…
• High overdue fines.

Blue Peso interest rate

Blue Peso is supporting an interest rate range of 10% – 20%/year. This is truly a dream interest rate for many users in the current extremely difficult economy.

In addition, for each loan, the app will collect a single fee of 5% – 10%/loan. This fee will be deducted directly from the disbursement amount. Therefore, the actual amount you receive will be smaller than the amount you applied for to borrow.

Example of Blue Peso interest rate calculation

Example of Blue Peso approval:

• Loan amount needed: 15,000 PHP.
• Term: 12 months.
• Interest rate: 20%/year.
• Service fee: 500 PHP
• Actual amount received: 14,500 PHP
• Interest payable: 15,000 x 20%  = 3,000 PHP.
• Amount to pay: 15,000 + 3,000 = 18,000 PHP.

Blue Peso loan requirements

• To successfully register at Blue Peso, you need to meet the following conditions:
• Filipino citizen.
• Ages 18 and up.
• Have one of the legal, genuine identification documents.
• Your own phone number and account number are still active.

Guide to register Blue Peso Loan Application Step-by-step

The registration process at Blue Peso is considered very simple, with few steps, suitable for all types of customers. The registration steps are as follows:

Step #1: Download BluePeso and Install it

Download the application on Google Play or App Store. After completing the download, press “Open” and install the app on your phone.

Step #2: Sign up with your mobile number for free

Use your phone number to register for a free account. Note, you need to use your current phone number to receive the confirmation code as well as the app’s appraisal call when applying for a loan.

Step #3: Fill out the simple forms to proceed with your application

Next is to fill in the necessary personal information in the form: full name, date of birth, ID card number, email address, bank account number, current income…

The declared information needs to be accurate, truthful, and consistent with the documents to avoid errors during the appraisal process, causing the loan not to be approved.

Step #4: Get approved and loan disbursed immediately

Choose a loan that suits your capital needs. Confirm the loan and wait for approval. After the application has been evaluated, the loan will be credited to your bank account immediately.

Reviews Blue Peso online Loan App Feedback

Blue Peso review is rated 3.5 stars from clients in Philippines, no harassment complaints. It is legit and safe, not scam and absolute information.

Blue Peso loan app every day helps hundreds of thousands of customers successfully solve urgent money worries. That’s why it has left a lot of very positive feedback.

Blue Peso loan repayment

There are many ways to pay Blue Peso. Each customer chooses his own convenient method:

• Pay via any M Lhuillier store, RD Pawnshop, 7-11.
• Payment via e-wallets such as: GCash, Paymaya.
• Transfer money via bank account on the loan contract.

Compare Blue Peso loan App Philippines with other lending companies

Sources: Refer to Sate Bank reporting and research.

Blue Peso customer service

Blue Peso complaints will be resolved via contact information:

• Email: IRVINGBALDUR@outlook.com.
• Address: The Penthouse, Marajo Tower, 26th st. Cor. 4th Ave. Bonifacio Global City 312 Metro Manila Fort Bonifacio, Taguig City, Fourth District, National Capital Region (NCR), 1634, Philippines.

FAQs

Here are some questions to answer about Blue Peso:

Is Blue Peso sec registered?

Blue Peso operates legally under the guidance of Copperstone Lending Inc. It has SEC Registration No. 2021050012959-04 and certificate of authority no. 3454. The reputation of this financial company is indisputable. Therefore, you can completely rest assured when applying for a loan here, stay away from black credit apps, scams, and exorbitant interest rates.

Is Blue Peso harassment?

Blue Peso is known as one of the most reliable loan apps in the Philippine market. It has a customer care department, which will not cause any trouble to the users. In addition, the data security system is developed at the highest level, ensuring that customer personal information is not disclosed to third parties.

How to make Blue Peso complaints?

If you need answers to questions about the loan, contact the email address IRVINGBALDUR@outlook.com immediately. Blue Peso’s customer service department will quickly respond and give you dedicated advice.

In conclusion – Should you Apply to Blue Peso App?

Blue Peso is increasingly maintaining its position in the peer-to-peer lending market because:

• Simple process, easy loan conditions.
• Super fast disbursement, meeting the need for hot loans and quick loans.
• Scope of support nationwide.
• No collateral required, no guarantees from third parties.
• No need to meet face to face.

Blue Peso is known to be a lifesaver for many people when they have short-term financial problems that need to be resolved. If you are also in such a difficult situation, don’t hesitate any longer, pick up your phone and contact the app immediately.

Hope you have a smart choice. Don’t forget to rate the article 5 stars!