CocoPeso Review Philippines loan app legit? Harassment complaints

Cocopeso is one of the most popular loan apps in the Philippines. If you are in need of access to capital, this is also not a bad choice.

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Summary of Cocopeso

✅ Cocopeso Review	⭐ 4.5 star
✅ Guide to	⭐ Register to Cocopeso loan app Philippines (PH)
✅ Loan amount	⭐ 3.500 – 10.000 Pesos
✅ Age	⭐ 20 – 55 years old
✅ Term	⭐ 3 – 12 months
✅ Interest rate	⭐ 0 % interest rate for first loan
✅ Pros	⭐ Online loan monthly payments in Philippines
✅ Cons	⭐ No Online loan guaranteed approval
✅ Evaluate the effectiveness	⭐ Good
✅ Bad credit	⭐ Allow
✅ Feedback	⭐ Read more in this article
✅ Cocopeso App download APK:	⭐ Link Here

What is Cocopeso?

Cocopeso is an online lending application developed by Fast Coin Lending Corporation. This application is an important step forward in helping users quickly access capital instead of wasting time through cumbersome procedures at traditional banks. All application procedures are minimized, creating favorable conditions for borrowers.

Pros of Cocopeso App

Cocopeso review is favored by many people because of its outstanding advantages that not every loan app has:

• The application supports free download and installation on all operating systems.
• The registration process is simple, with few steps, suitable for all types of customers.
• Loan information is transparent and clear, with no ambiguity about interest rates.
• Interest rates are quite competitive in the peer-to-peer lending market.
• Simple procedures with just a legal ID card is enough.
• Quick disbursement, quick response time when money is needed.
• Staff attitude is enthusiastic and thoughtful.
• Diverse credit products, meeting different needs of users.
• Support borrowers with bad debt in groups 1 and 2.

Cons of Cocopeso Loan App

Cocopeso review app also has some minor disadvantages as follows:

• Small limit, only suitable for consumption needs such as living expenses, electricity and water payments, tuition fees…
• Interest rates are higher than unsecured interest rates of traditional banks.
• There are pre-loan service fees, early settlement fees, and late payment fees.
• The form of debt collection is quite troublesome.

Cocopeso interest rate

Currently, the interest rate at Cocopeso does not exceed 26%/year. In the Philippine financial market, this is a quite attractive interest rate for many people.

However, the specific interest rate will depend on the loan amount, term, customer’s credit score, and market fluctuations. In addition, the app also collects a service fee of about 10%. This amount will be deducted directly from the disbursement amount. Therefore, you need to consider exactly how much money you need and will receive after deducting service fees.

Example of Cocopeso interest rate calculation

Example of Cocopeso approval:

• Loan amount needed: 10,000 PHP.
• Term: 120 days.
• Interest rate: 26%/year.
• Service fee: 10,000 x 10% = 1,000 PHP.
• Disbursement amount: 9,000 PHP
• Interest payable: 10,000 x 26% x 120 / 360= 867 PHP.
• Amount to pay: 10,000 + 867 = 10,867 PHP.

Cocopeso loan requirements

Conditions for applying for a loan at Cocopeso are quite easy, anyone can meet them:

• The customer is of Philippine nationality.
• Age over 20 years old.
• Own the owner’s bank account number.

Guide to register Cocopeso Loan Application Step-by-step

If you want to register successfully, you can refer to the loan process at Cocopeso below:

Step #1: Download and install the application to your phone

Visit Cocopeso’s homepage website, choose to download the app to your phone. This is a completely free mobile application.

Download complete, open and begin installation.

Step #2: Register an account

Use your current phone number to register for an account. Provide personal information such as: Full name, date of birth, ID card number, email address, current residence address…

Note, you should declare information honestly to avoid loan rejection due to inconsistent and unreliable information.

Step #3: Verify information

Attach images of your personal identification documents to verify the information declared above.

Step #4: Confirm loan

Choose a loan that suits your needs. After selecting the amount and term, the system will calculate the interest rate you must pay. Carefully read the terms and conditions on the contract then click to accept the terms and confirm the loan.

Step #5: Wait for approval and disbursement

Your profile will be processed by the system. If approved, within 1 day, the disbursed money will be returned to your account. Then, you should make a plan to repay your debt on time to avoid high overdue penalties.

Reviews Cocopeso online Loan App Feedback

Cocopeso review is rated 4.5 stars from customers in Philippines, no harassment complaints. It is legit and safe, high support limit and absolute information.

Cocopeso is one of the most reputable loan apps in the Philippine financial market. Many customers have experienced it and left impressive feedback.

Cocopeso loan repayment

Cocopeso payment is flexible through many channels:

• Transfer money via Cocopeso bank account.
• Payment via e-wallets such as: GCash, RD Pawnshop, 7-11, Paymaya, M Lhuillier,…
• Pay cash at collection locations.

Compare Cocopeso loan App Philippines with other loan apps

Comparison criteria	Cocopeso	Fun Peso	Pesocow
Limits	3,500 – 10,000 pesos	3,000 – 150,000 pesos	5,000 – 60,000 pesos
Tenor	91 – 360 days	3 – 24 months	91 – 365 days
interest	not exceed 26%/year	15% – 36%/year	not exceed 15%/year
Age	over 20 years old	aged 18 years and older	over 20 years old
Review rate	85%	90%	85%

Sources: Refer to Sate Bank reporting and research.

Cocopeso customer service

Cocopeso complaints will be resolved via contact information:

• Email: cocopesocs@gmail.com
• Phone Number: 09356658237
• Address: 8Th Floor Co Ban Kiat Building Il, 231 Juan Luna Street. Binondo, Manila 1006, Philippines.

FAQs – Cocopeso Philippines

Here are some questions to answer about Cocopeso:

Is Cocopeso sec registered?

As we know, Cocopeso is under the management of Fast Coin Lending Corporation with SEC Registration No. CS20190000277 and certificate of authority no.3140. When mentioning this financial institution, everyone immediately thinks of prestige and reliability. With many years of operation in the lending industry, it has built a strong position. You can completely trust it.

Is Cocopeso harassment?

The answer is no. All customers coming to Cocopeso are committed to keeping personal information confidential, avoiding distractions. Your personal information will never be shared unless you have direct consent from yourself. Therefore, leaking information and Cocopeso harassment is impossible.

How to contact Cocopeso complaints?

If you have any questions, you can contact the hotline number 09356658237 or email cocopesocs@gmail.com. The customer care department application operates 24/7, ready to answer all your questions in the shortest time, giving you the most perfect experience.

In conclusion – Should you Apply to Cocopeso App?

Cocopeso is known as the most popular financial solution today because:

• No collateral required, no proof of income.
• The registration process is 100% online, helping to save time, you can borrow anytime, anywhere with just a smartphone.
• Simple documents, quick disbursement.
• High approval rate.

The information that the article provides hopefully gives a more general overview of Cocopeso. This is truly a lifesaver for people who are in a financial deadlock.

Wishing you the best choice. Don’t forget to support the article with a 5-star rating!