HELLO Peso Review Philippines Loan App Legit or Not? Complaints (2024)

Hello Peso has become one of the popular online lending applications in the Philippines. You are having financial difficulties and need money urgently. Are you wondering which loan app is reputable?

Let’s learn about this loan application with retailasiaonline.com!

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Summary of Hello Peso

✅ Hello Peso Review	⭐ 3.7 star
✅ Guide to	⭐ Register to Hello Peso loan app Philippines (PH)
✅ Loan amount	⭐ 1.000 – 30.000 Pesos
✅ Age	⭐ 18 – 60 years old
✅ Term	⭐ 3 – 6 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
✅ Hello Peso App download APK:	⭐ Link Here

What is Hello Peso?

Hello Peso is one of the online platforms providing unsecured lending services in the Philippines. Although it has only been in operation for a short time, compared to other credit apps, it is still very young. But, nowadays, this loan app has built a solid position and won the trust of many customers. The financial market in the Philippines also reserves a significant position for this application.

Pros of Hello Peso App

• Hello Peso review has achieved a lot of success up to now due to its outstanding advantages to retain customers:
• The loan process is simple, within just 60 minutes from registration to receiving disbursement.
• The procedure is simple, without any complications.
• Low instant loan interest rates, many incentives for loyal customers.
• Transparent information with many diverse credit products, suitable for the capital needs of each different subject.
• The staff is highly qualified, has a standardized and professional attitude.
• The level of security of customer personal information is absolutely complied with.
• Super fast disbursement speed, meeting immediate money needs.

Cons of Hello Peso Loan App

Hello Peso review app still has small disadvantages:

• Small limit, only suitable for common consumption needs such as tuition, rent, living expenses…
• Short term, capital should not be used for business.
• There are service fees and overdue fees.

Hello Peso interest rate

Hello Peso is rolling out interest rates ranging from around 19%. In addition, the app also has a promotional program for first-time customers to borrow at 0% interest rate.

Interest rate is one of the important factors affecting a customer’s decision to apply for a loan. This is also one of the biggest plus points of this application.

Example of Hello Peso interest rate calculation

Example of Hello Peso approval:

• Loan amount needed: 20,000 PHP.
• Term: 3 months.
• Interest Rate: 1%/month.
• Service fee: 5%.
• Service fee payable: 20,000 x 5% = 1,000 PHP.
• Actual amount received: 20,000 – 1,000 = 19,000 PHP.
• Total amount payable at the end of the period: 20,000 + ( 20,000 x 1% x 3) = 20,600 PHP.

Hello Peso loan requirements

The conditions for successfully registering for a Hello Peso loan are quite simple, most customers are met:

• Customers must be Filipino citizens.
• Age range from 18 – 60 years old.
• Legal identification documents: ID card number/Passport/Driver’s license…
• Possesses a certified bank account number and owner’s phone number.

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

The loan registration process at Hello Peso is simplified to support all customers of all ages.

If you are a new customer, follow the instructions below:

Step #1: Download the Hello Peso app to your phone

Visit the main website https://www.hellopeso.com/ to download the application to your device.

In addition to downloading the app to your phone, you can also apply for a loan directly through the website. However, downloading the app will be more convenient for monitoring loan status as well as payments.

Step #2: Fill in personal information

Complete the process of downloading and installing the app completely free. Then, use your phone number to register an account. Fill in personal information as required by the system: Full name, email address, income level…

Step #3: Confirmed loan

Based on your own needs, you choose your loan product. Be sure to choose the appropriate loan amount and term to avoid causing great pressure in repaying the debt.

Step #4: Approval and disbursement

Your application will be processed quickly. Within 30 minutes, the loan status will be notified. Disbursed money will be returned to your account.

The App charges a service fee, so the disbursement amount you receive will be the remaining amount after deducting the fee.

​​Reviews Hello Peso online Loan App Feedback

Hello Peso review is rated 3.7 stars from clients in Philippines, no complaints and harassment. It is legit and safe, not scam and absolute information.

Hello Peso is famous for its instant, low-interest loan service. Therefore, there is more and more impressive feedback from users about this app.

Hello Peso loan repayment

Hello Peso payment has many flexible payment channels:

• Pay at any store linked to the app such as: 7-Eleven, M Lhuillier, RD Pawnshop, ECPay, TrueMoney, Paymaya or GCash.
• Payment through commonly used e-wallets.
• Transfer money directly to the bank account number displayed on the loan contract. Note, the transfer content clearly states the borrower’s ID card number and loan contract number to avoid confusion.

Compare Hello Peso loan App Philippines with other loan apps

Comparison criteria	Hello Peso	BCash	Lpeso
Limits	1,000 – 30,000 pesos	2,000 – 50,000 pesos	1,500 – 40,000 pesos
Tenor	3 – 6 months	91 – 120 days	91 – 365 days
interest	0% – 19%/year	10% – 36%/year	1%/day
Age	18 – 60 years old	18 – 60 years old	18 – 60 years old
Review rate	85%	80%	85%

Sources: Refer to Sate Bank reporting and research.

Hello Peso customer service

Hello Peso complaints will be resolved via contact information:

• Email: support@hellopeso.com
• Website: https://www.hellopeso.com/
• Address: 6801 Ayala Avenue, Makati City 1226, Philippines.

FAQs

Here are some questions to answer about Hello Peso:

Is Hello Peso legit?

Hello Peso is a credit institution operating legally in the Philippines. After a period of operation, it has solved urgent financial problems for hundreds of users. The level of prestige is indisputable. App has registered its lending business with the government. Therefore, you do not need to worry every time you choose this loan app.

Is Hello Peso harassment?

Customer information security is always a top priority for Hello Peso. Therefore, there is no case of Hello Peso harassing customers. This lender fully complies with government data protection laws. All information is guaranteed to be confidential, no one has the right to disclose it without the consent of that customer.

How to contact Hello Peso complaints?

You have questions that need to be answered by Hello Peso. Don’t hesitate, send it immediately to email address support@hellopeso.com. This is the place to receive questions and be ready to answer all customer needs 24/7. With the motto “customers first”, this unit will help you find satisfactory answers.

In conclusion – Should you Apply to Hello Peso App?

Hello Peso is increasingly popular in the Philippine financial market because:

• The loan process is 100% online, no face-to-face meetings required, loans anytime, anywhere, including holidays.
• Simple procedures.
• Peer-to-peer lending market with many reputable partners, finding the most optimal solution for customers.

Hello Peso is a comprehensive financial solution for every home. If you are in need of a loan, if you need to settle money on the same day, there is no doubt that this is not a bad choice.

Hopefully, the information shared in this article has given you a more objective view of this loan app.

Wish you success and don’t forget to rate the article 5 stars!