DIGIDO Loan: Review App Online Philippines (06/2023)

What is Digido? Is Digido installment legit or not? How to apply for a Digido cash loan?

Let’s retailasiaonline.com learn more about Digido loan review in the article below.

1. Sumary of Digido Loan

✅ Review	⭐ Digido loan
✅ Guide to	⭐ Apply online loan to Digido Philippines
✅ Loan amount	⭐ 500 – 30.000 Pesos
✅ Age	⭐ 21 – 70 years old
✅ Term	⭐ 3 – 6 months
✅ Interest rate	⭐ 11,9 %/month
✅ Pros	⭐ Polite Harassment
✅ Cons	⭐ Low limit for first loan
✅ Evaluate the effectiveness	⭐ Good
✅ Bad dept	⭐ Allow
✅ Feedback	⭐ Read more in this post
✅Digido appstore dowload:	⭐ Link Here

2. What is Digido?

Digido is the financial support product of Digido Finance Corp that has registered for the SEC and has a certificate of legal operation. Digido offers online loans that only need to have a valid ID card. Digido cash loan limit from 500 to 30000 pesos for terms from 3 to 6 months. The first loan will be approved up to 10,000 pesos.

3. Pros of Digido Philippines

• Simple operation, easy registration on computer or mobile phone just need internet.
• Support 24/7, all days of the week, including Saturday, Sunday or holidays.
• The simple loan procedure only requires 1 valid ID, no collateral, no guarantee, no proof of income.
• Automatic approval system, ensuring objectivity. Digido loan approval rate is over 90%.
• Approval in 5 minutes, fast disbursement in a few hours.
• There are no hidden fees, no upfront fees.
• Loan payment in various forms.
• Confidentiality of customer information.

4. Cons of Digido Loan App

• The limit is not too high.
• Digido installment term is short.
• High interest rates.

5. Digido interest rate

Digido interest rate in the Philippines averages 11.9% per month. The maximum APR is 143% per annum. The first loan will receive a 0% interest rate within 7 days. Customers should consider information about limits and interest rates before deciding to borrow to ensure their ability to pay on time.

6. Example of Digido interest rate calculation

For example, if you apply for a loan of 20000 pesos for 4 months, the interest rate is 12% / month. Digido’s loan calculator is as follows:

• The principal amount to be paid monthly is 5000 pesos.
• The amount of interest payable monthly is 20000 x 12% = 2400 pesos.
• The total amount payable for 1 month is 7400 pesos.

7. Digido Loan Requirements

Digido loan requirements apply to customers who are Filipino citizens, aged between 21 and 70 years old and have a stable income, and can afford to pay the loan.

Digido first loan

Digido online loan app only requires borrowers to provide at least 1 valid ID in identification documents such as COE, ITR, company ID, DTI, payslips. In addition, the subscriber’s mobile number must work 2-way, not be blocked.

Digido 2nd Loan

Digido reloan just need Digido to log in to the account registered at Digido and select the limit to borrow. The borrower’s personal information has been stored in the system. Digido 2nd loan in Philippines will be approved in 2 minutes.

8. Guide to Digido loan application step-by-step

The steps to apply for a Digido Loan loan are as follows:

Step #1: Visit Digido’s homepage

Borrowers access

Digido Website

Select loan limit, enter phone number, check terms and select “Apply Now”

Borrowers choose “Sign in.”

Step #2: Confirm your phone number

Digido will send OTP code to the phone number just registered, please enter the OTP code to confirm. Then read the terms and conditions before borrowing. If you agree, select “I Agree”.

Step #3: Register your personal information

To apply for a loan at Digido Philippines, you need to fill in the required personal information (full name, date of birth, email, address, your ID, job information, reference, bank account number or e-wallet.).

Add a photo of your ID to verify your personal information.

Step #4: Wait for loan approval and disbursement

Automatic approval in 5 minutes. Digido disbursement fast during the day. The funds will be transferred to the registered account number or e-wallet address.

Refer to the steps to apply for a loan via video:

9. Reviews digido online Loan App Feedback

Digido online loan in Philippines is considered a reliable loan application and fast disbursement. You can refer to some more Digido loan reviews in the feedback below.

 

 

10. Digido repayment

Customers can pay Digido loan in 1 of the following ways:

• Digido partial payment via bank transfer to the account number provided by Digido.
• Pay by online banks such as Union Bank, BDO, BPI, China Bank, Maybank, Landbank, Metrobank, PSBank..
• Pay cash at payment centers such as 7-Eleven, ECPay, Robinsons, Savemore
• Pay via Coins.ph wallet, Cebuana Lhuillier.

11. Compare Digido Loan App Philippines with Other Loan App

Comparative criteria	Digido App	Finbro PH	Vamo
Limits	500 – 30000 peso	1000 – 50000 peso	1000 – 30000 peso
Interest	0,4%/day	0,5% – 1,25%/day	1,3%/day
Tenor	3 – 6 months	1 – 12 months	10 – 30 days
Age	21 – 70 years old	20 – 65 years old	20 – 65 years old
Browsing time	5 minutes	15 minutes	10 minutes

Sources: Refer to Sate Bank reporting and research.

12. Digido customer service in Philippines

Digido sister company: DIGIDO FINANCE CORP

• Head office: Units P107003R, P107007R, P107008R, Level 7 Cyberpark Tower1, 60 Gen. Aguinaldo Ave., Cubao, Quezon City, Philippines 1109
• Support Digido ph: (02) 8876-84-84, From 8AM to 5PM every day.
• Digido branches: No
• Digido partner: Robocash

13. FAQs – Digido Loan App in Philippines

Here are some frequently asked questions about Digido loans:

Is Digido legit?

Digido installment is a financial assistance service legally operating in the Philippines. This loan service has been certified by The SEC (Securities and Exchange Commission) and has a Certificate of Authority. Customers can rest assured when using loan services from Digido to solve their financial needs quickly.

How to pay Digido using GCash?

• Step 1: Login to GCash and select the Pay Bills section.
• Step 2: Select Loans.
• Step 3: Select Dragon Loans.
• Step 4: Fill in the loan information, phone number and payment amount.
• Step 5: Click Confirm and complete Digido online loan payment.

Is Digido SEC registered?

Digido has been granted SEC Registration number CS202003056 by the Securities and Exchange Commission. This proves that lending at Digido loan is completely legal. Digido’s interest rates, fees and disbursement and payment process all comply with the provisions of Philippine law.

How to pay Digido in 7 eleven?

• Step 1: Write down the lifetime ID in your Digido account (starting with RD or RC).
• Step 2: Go to the nearest 7-Eleven branch to create a barcode and pay the bill.
• Step 3: Go to Loans and select Dragonpay.
• Step 4: Enter ID, phone number, payment amount.
• Step 5: Re-enter your phone number and confirm to pay the loan.
• Step 6: Print the payment receipt and ask the cashier to scan the barcode.

How to delete a Digido account?

Your Digido account will be stored for 5 years. During this time, whenever you need to borrow money, just log back into your account to approve the loan. All information will be absolutely confidential. After 5 years, the customer’s loan application information will be automatically deleted on the system.

How to pay Digido using Paymaya?

• Step 1: Log in to PayMaya e-wallet.
• Step 2: Select Bill payment.
• Step 3: Choose Dragonpay.
• Step 4: Enter the contract number, phone number, and payment amount.
• Step 5: Confirm and complete the payment process.

Where to pay the Digido loan?

• Pay by online banks such as Union Bank, BDO, BPI, China Bank, Maybank, Landbank, Metrobank, PSBank..
• Pay cash at payment centers such as 7-Eleven, ECPay, Robinsons, Savemore
• Payment via Coins.ph, Cebuana Lhuillier.

Does Digido do field visit?

Digido does no direct field appraisal. The ability to approve a loan will be based on the borrower’s credit history, personal registration information and automatically approved by the system. If payment is late, overdue interest and penalty fees will be charged. If Digido unpaid loan will be Digido harassment, call to disturb relatives.

14. In conclusion – Should you Apply for a Digido loan in philippines?

When you need to borrow 1 small amount urgently, you can consider using Digido’s financial services. This is a legal loan, with a maximum limit of up to 30000 pesos and a 7-day full interest-free offer for first-time borrowers.

Rated 5 stars if the article was helpful. Any questions about Digido loan review you can leave a comment, we will answer as quickly as possible.