TOP 10+ Best Online Lending Company Philippines Without Collateral (2023)

Which is list of best online lending company in the Philippines 2023 without collateral? How to apply for a loan quickly with high approvability?

Check out the top 10 legit lenders in the Philippines compiled by retailasiaonline.com below.

1. Summary of lending company in the Philippines

✅ Top 5 Best lending company in Philippines without collateral	⭐ 1. Didogo, 2. Finbro, 3. Loanonline, 4. Soscredit, 5. Cashexpress
✅ Guide to	⭐ Apply a loan to trusted lending company in Philippines
✅ Loan amount	⭐ 1000 – 60.000 pesos
✅ Age	⭐ 18 – 60 years old
✅ Term	⭐ 1 – 12 month
✅ Interest rate	⭐ 0% for first loan
✅ Pros	⭐ Fast loan without collateral, legal registered, famous
✅ Cons	⭐ Have fee service
✅ Evaluate the effectiveness	⭐ Pretty Good
✅ Bad dept	⭐ Allow

2. What is lending companies in the Philippines?

Lending companies in the Philippines are entities that provide short-term loans through an online application or website, allowing borrowers to apply for and receive loans in a short time. The simple loan procedure only requires a minimum of 1 valid ID.

3. Top 5 Registered Legit Online Lending Companies in the Philippines 2023

Below is a list of registered lending companies in the philippines 2023 without collateral

Company’s names	Type of loan	Link to register
Digido	top loan companies in Philippines	[table “digido_ph2o” not found /]
Finbro	loaning company in the Philippines 24/7	Link to Finbro
Loanonline	fast loan in 15 minutes Philippines	Link to Loanonline
Soscredit	loan financing company Philippines	Link to Soscredit
Cashexpress	salary loan lending company Philippines without Collateral	Link to Cashexpress
Cashspace	pesonal loan lending	Link to Cashspace

#1. Digido – Best Lending companies in the Philippines 2023

• Digido is example of Lending companies in the Philippines, providing completely legal online financial services.
• Allows customers to borrow money from 1000 to 25000 pesos for a period of 3 to 6 months
• Interest rate of 11.9% per month (APR = 143%).
• For the first loan, customers can be approved for a maximum loan of 10000 pesos, interest-free for 7 days
• Support for Filipinos from 21 to 70 years old.
• Address: UNIT 2/C, Murphy Center, 187 Bonny Serrano Road, Socorro, Philippines.
• Pros: Online registration 24/7, fast disbursement, no financial proof required.
• Cons: The interest rate is quite high.
• Efficiency rating: Pretty good.

#2. Finbro – One of the lending companies in the Philippines 24/7

• More than 98% of customers use Finbro rating services as one of the best loan company in philippines.
• Support customers to borrow from 1000 to 50000 pesos.
• Payment period from 7 to 30 days with interest rate from only 0.16% / day.
• New customers can only approve up to 10,000 pesos and enjoy interest- and fee-free offers.
• Applicable to Filipino citizens from 20 to 65 years old with stable income.
• Address: Unit 1405 Philippine Tektite Stock Exchange San Antonio, Manila, Philippines.
• Pros: Quite high limit, reasonable interest rate, fast approval in 10 minutes, super fast disbursement to bank account or e-wallet, can extend payment time by 30 days.
• Cons: Short term.
• Efficiency rating: Good philippines lending company.

#3. LoanOnline – Top lending companies in the Philippines without Collateral

• Loanonline belongs to largest lenders in the Philippines with no collateral offering a quick loan comparison service in 2 minutes.
• The loan amount ranges from 500 to 25000 pesos, and the installment term is from 3 to 12 months.
• APR from 0% to a maximum of 427%.
• Customers do not have to pay any service fees when applying for a loan.
• Customers are required to be at least 18 years old, have a valid ID card.
• Address: 20F LKG Tower 6801 Ayala Avenue, Philippines.
• Pros: Online application process, simple procedure, fast loan suggestion, no service fee.
• Disadvantages: High loan interest rates.
• Efficiency rating: Medium.

#4. Soscredit – Philippine Lending company quick disbursement

• Soscredit is a reputable and fast disbursement Filipino lender.
• First-time borrowers can apply for a loan from 1000 to 7000 pesos, 0% interest rate and no service fee for 62 days.
• Customers who apply for a loan again can borrow up to 25000 pesos.
• 3-12 month tenor with a maximum APR of 143%.
• Soscredit’s online loan system applies to customers from 20 to 70 years old.
• Address: Saldus, Latvia, Taguig City, Philippines.
• Pros: Fast disbursement in 15 minutes, flexible payment, high loan approval rate, 0 interest loan App.
• Disadvantages: The loan interest rate is quite high.
• Efficiency rating: Pretty good.

#5. Cashexpress – A reputable financial company in the Philippines

• Cashexpress is a leading Philippine financial company.
• Loan limit from 1000 – 20000 pesos for 14 days, interest rate per day is 1.99%.
• The first loan is supported up to 10000 pesos, interest-free for 7 days.
• Cashexpress applies to Filipino citizens between 21 and 70 years old.
• Address: Level 10-1 One Global Place 25th Street Cor, Quezon City. Philippines.
• Pros: Easy registration, quick approval, disbursement to bank account, can extend payment time.
• Cons: Online loans with monthly payments Philippines is short-term and high interest rates.
• Effectiveness rating: Medium.

#6. Cashspace – Lending business in Philippines

• Cashspace is a name of loan company in philippines that supports online loan products that are highly rated for their credibility and trustworthiness.
• Quick loan from 1000 to 25000 pesos, repayment in 7-30 days.
• Reasonable interest rate, only from 0.1% / day.
• Applicable to borrowers over 18 years old.
• Address: Tallina Street 84a, Zamboanga City, Philippines.
• Advantages: Support both bad debts, approval rate over 97%, fast approval in 5 minutes, simple procedures and preferential interest rates.
• Disadvantages: Short loan period.
• Efficiency rating: Pretty good.

#7. Zaimoo – A place to borrow money in the Philippines with high limits

• Zaimoo is a place for borrowing money in the Philippines that offers online loan, personal loan, and credit card products to provide financial assistance to customers.
• The limit can be borrowed from 1000 to 25000 pesos, the payment term is from 3 to 60 months.
• Interest rate from 11.9% – 365%/year.
• Those who can borrow must be Filipino citizens over the age of 18.
• Disbursements can be received via bank account, e-wallets or cash.
• Address: Armenia, Yerevan, Quezon City, Philippines.
• Advantages: Fast loan 24/7 anytime, anywhere, no collateral, no proof of income, super fast approval.
• Disadvantages: The limit is not high but the loan interest rate is quite high.
• Efficiency rating: Pretty good.

#8. Moneycat – Best loan company in the Philippines

• Moneycat is the best loan company in the Philippines that supports reputable online loan services.
• The amount of the loan can apply from 500 to 20000 pesos.
• Loan period is from 3 to 6 months with an average interest rate of 11.9%.month (maximum APR 145%).
• New customers are interest-free and free of charge.
• The loans apply to people living in the Philippines between 22 and 60 years old.
• Address: Unit 1701 Tycoon bldg Pearl Drive st, Zamboanga City, Philippines.
• Pros: Simple registration, quick support, professional advice.
• Disadvantages: Low limit, high interest rate.
• Efficiency rating: Pretty good.

#9. Vamo – Online loan company in the Philippines

• Vamo is an online lending company in the Philippines that has many years of experience in the market.
• Loan limits can range from 1000 to 30,000 pesos, however, new customers can only borrow up to 10,000 pesos.
• Loan terms range from 10 to 30 days.
• The vap rate applies 1.3% per day and an additional processing fee of 100 pesos.
• Vamo Philippines provides assistance to Filipino citizens between the ages of 20 and 65 years old.
• Advantages: Fast loan only needs ID card, high approval rate, super fast disbursement.
• Disadvantages: Lost service fees and high interest rates.
• Efficiency rating: Good.

#10. Crezu – Fast loan company in Philippines

• Crezu loan – A fast loan company in the Philippines is a legitimate credit finance intermediary that connects borrowers and lenders.
• Crezu can approve loans from 1000 to 25000 pesos for a period of 61 to 120 days.
• Loan interest rates range from 12% to 36% per annum, depending on the borrower’s credit profile.
• Address: Talim Street 99a, Taguig City. Philippines.
• Support Filipino citizens from 18 years old to 60 years old.
• Advantages: Approval rate is over 94%, supports borrowers with bad debts, fast registration 24/24.
• Cons: Only suggest loans, not directly lend.
• Efficiency rating: Pretty good.

#11. Binixo – Top lending companies in the Philippines

• Binixo is rated among the famous lending companies in the Philippines that are most reputable.
• Customers can borrow from 1000 to 25000 pesos with flexible repayment periods from 3 to 36 months and interest rates from 4% to 916% per annum.
• The first loan enjoys a preferential interest rate of 0.01%.
• Address: Off Commonwealth Avenue Diliman, Quezon City, Philippines.
• To apply for a loan, customers only need to have Filipino citizenship, be over 18 years old and have a valid ID.
• Advantages: Online loan, disbursement in 15 minutes, approval rate is quite high, well rated by the majority of customers.
• Cons: High interest rates.
• Efficiency rating: Pretty good.

#12. Kviku – Legit lending company in the Philippines

• Kviku is one of the Online Lending Companies in the Philippines that offers online cash loan services.
• Approved borrowers are between 500 and 25000 pesos, with an interest rate of 0.16% per day.
• The payment period is 60 days for new customers.
• The repayment period is up to 180 days for customers who have borrowed before.
• Filipinos between 20 and 55 years old with a valid ID card can apply for a quick loan.
• Address: 18A Trafalgar Plaza, 105 H.V. Dela Costa Street, Philippines.
• Advantages: Easy to borrow, easy to approve, fast disbursement, flexible payment.
• Cons: Short term.
• Effectiveness rating: Medium.

#13. Pesoredee – Global lending philippines

• Pesoredee is a Global lending philippines financial company.
• Loan from 1000 to 20000 pesos, installment from 3 to 6 months with interest rate of 11.9%/month.
• New customers can borrow up to 7000 pesos, interest rate 0%.
• Conditions for the loan are Filipino citizens between 22 and 70 years old.
• Address: Unit 204 Pacific Center Condominium, Taguig City, Philippines.
• Advantages: Can extend payment time by 14 days, quick disbursement in just 5 minutes, 24/7 support.
• Cons: The interest rate is quite high.
• Efficiency rating: Pretty good.

#14. Unacash is on the list of legal lending companies in the philippines

• Unacash is on the list of legal lending companies in the Philippines that provide reputable online loan services.
• Unacash loans range from 1000 to 50000 pesos and terms range from 2 to 6 months
• Interest rates range from 0 to 16% per month, with annual interest rates (APRs) up to 194%.
• Address: 15F The IBP Tower, Jade Drive, Ortigas Center, Batangas city, Philippines
• Eligibility for loan assistance is at least 18 years old and a valid phone number and email address are required.
• Advantages: High limit and register loan app in Philippines is simple and fast.
• Cons: The interest rate is quite high.
• Efficiency rating: Good.

#15. Finloo – best lending companies in the Philippines for ofw

• Finloo is known as one of the ofw lending company in the philippines providing online loan products such as quick loans, consumer loans, credit
• Payday loan companies philippines limit from 1000 to 25000 pesos.
• The installment term is from 3 to 30 days and the interest rate is only from 0.01% per day.
• Support services for Filipino citizens aged 18 and above.
• Advantages: Operating 24/7, approving loan applications quickly within 10-20 minutes and loan approval rate up to 99%, supporting bad debts.
• Disadvantages: Short loan period.
• Efficiency rating: Pretty good.

Read more: 10 Best of:

• Lending Company In Quezon City
• lending company in Zamboanga City.
• lending company in Valenzuela City.
• lending company in Pasig City.
• lending company in Taguig City.
• Lending company in Cebu City.
• Lending company in Davao City.

4. How to registered lending company in the philippines

To apply for a online loan to legitimate lending companies in Philippines, follow these steps:

• Step 1: Search and choose a reputable and suitable online loan service provider for your needs. Information can be searched through websites of banks, financial companies or using online financial product comparison tools.
• Step 2: Select the desired loan and fill in the required information. This information usually includes the loan amount, loan term, purpose of use, and other information related to the loan.
• Step 3: Register an account on the service provider’s website and fill in your personal information such as full name, ID number, date of birth, address, phone number, income, reference, bank account number ..
• Step 4: Take a 2-sided ID card, and take a portrait of the borrower holding the front of the ID card.
• Step 5: Wait for review and approval from the service provider for a few minutes, depending on the service provider and the number of applications being processed.
• Step 6: If approved, you will receive an email or text notification that the loan has been approved and the money will be transferred to your account.

5. Compare to Top loan companies in Philippines

Name of companies	Loan Amount	Interest rate	Rating
fingertip lending corp	1000 – 10000 pesos	1,2 %	4/5 stars
creditnet phils top	5000 – 500,000 pesos	1,5 %	5 stars
mabrocio lending corporation	1000 – 25,000 pesos	1,4 %	4/5 stars
ihelp lending corporation philippines	3000 – 20,000 pesos	1,6 %	5 stars
copperstone lending inc	6000 – 30,000 pesos	1,4 %	5 stars
mabrocio lending company	7000 – 45,000 pesos	1,0 %	3/5 stars

Source: Refer to State Bank reporting and research.

6. FAQs – Best online lending company in the Philippines

The following answers about lending company in the Philippines:

Is it legal to lend money with interest in the Philippines?

Lending money with interest is a common and legally accepted business practice around the world, including the Philippines. However, interest rates must be determined by complying with the provisions of interest rate legislation and credit legislation.

Lending company requirements Philippines?

Loan companies in the Philippines require borrowers to be at least 18 years old, have a stable income sufficient to pay off the loan, and have at least 1 valid ID.

Can lending companies sue you in the Philippines?

If you fail to pay your loan on time, then lenders in the Philippines may sue you for intentional misappropriation of property because these are all legitimate companies and lenders have clear contracts.

Therefore, consider your finances and solvency before starting to borrow to avoid insolvency. If the payment is late, the lender can contact the lender to apply for an extension of the loan period.

How to start a lending company in the Philippines?

To start borrowing online at a lending company in the Philippines, borrowers should choose the right lender and visit their homepage to proceed with registration. The loan amount, loan term, interest rate and fees will be made public before you decide to apply for a loan.

Where can I lend money in philippines?

You can apply for a loan at a bank, at a financial institution or at online lending companies that disburse quickly to solve your financial needs quickly.

Is lending a good business in the Philippines?

Yes. Lenders in the Philippines are legal, licensed by the government, and supported with quick disbursement loans.

How to invest in a lending company philippines?

You can contact the lender if you want to invest in contributing shares. Contact information is available at the lender’s official website.

6. Which  lending company in the Philippines to choose?

Some of list of top 10 online lending company in the Philippines that you can choose from are Unacash and Finbro. These are 2 lenders that lend higher limits than others, easy to pay flexibly by many different methods.

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