What is Mazilla? Filipino nationals, living and working nationwide can apply for loans online for quick financial resolution. Mazilla is one of the reputable online loan applications, trusted and used by many people.
Retailasiaonline.com will provide information about Mazilla loans, loan conditions, instructions on how to apply for a loan and how to pay, refer to the following article.
Contents
- Summary of Mazilla
- What is Mazilla?
- Pros of Mazilla App
- Cons of Mazilla Loan App
- Mazilla interest rate
- Example of Mazilla interest rate calculation
- Mazilla loan requirements
- Guide to register Mazilla Loan Application Step-by-step
- Reviews Mazilla online Loan App Feedback
- Mazilla loan repayment
- Compare Mazilla Loan App Philippines with Other Loan Apps
- Mazilla customer service
- FAQs – Mazilla PH
- Is Mazilla legit?
- How to pay Mazilla?
- In conclusion – Should you Apply to Mazilla App?
Summary of Mazilla
✅ Mazilla Review | ⭐ 4.7 star |
✅ Guide to | ⭐ Register to Mazilla Philippines (PH) |
✅ Loan amount | ⭐ 500 – 25.000 Pesos |
✅ Age | ⭐ 18 – 65 years old |
✅ Term | ⭐ 1 – 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 | ⭐ Not Allow |
✅ Feedback | ⭐ Read more in this article |
✅ Mazilla App dowload APK: | ⭐ Link Here |
What is Mazilla?
Mazilla is a reputable loan referral service for people wishing to borrow cash urgently in the Philippines. It operates under P2P peer-to-peer lending, acting only as an intermediary between the lending partner and the borrower, not the bank or financial institution. Loan limit from 500 to 25000 pesos, installment term from 3 months to maximum 2 years.
Pros of Mazilla App
Mazilla review are trusted and registered by many customers because of the following advantages:
- No proof of income is required, just an ID card, and the disbursement process can take place within a maximum of 24 hours.
- The service is available, nationwide, online registration, allowing more people the opportunity to get loans and financial aid easily, wherever they are, wherever they are.
- No need to mortgage valuable property, no appraisal of homes and relatives.
- Cooperative financial partners are carefully screened, inspected and selected in accordance with each customer profile,
- Some partners offer 0% interest rate for customers who apply for a loan for the first time, free of charge.
- Experienced consultants, enthusiastic support and advice.
- Absolute commitment to protecting customers’ personal information.
- All information related to the loan such as limits, interest rates, consulting fees, service fees, and penalties incurred is clearly disclosed in the loan terms and agreement.
- It is possible to assist people with bad credit histories or bad debts, giving them the opportunity to borrow money.
Cons of Mazilla Loan App
Mazilla app review also has some limitations to pay attention to such as:
- The limit is not high, the term is short, and cannot support large and long-term loans.
- Interest rates are higher than unsecured loans at banks or traditional financial institutions.
Mazilla interest rate
Mazilla legit supports cash loans with interest rates from 30% to a maximum of 365% per annum. Borrowers who fail to pay on time will incur additional penalty fees of about 0.1% per day and no more than 10% of the loan balance.
Example of Mazilla interest rate calculation
Mazilla disburses a loan of 10,000 pesos, 4-month installment at an interest rate of 30% / year ( 2.5% / month)
- The principal amount payable in 1 month is 10,000 : 4 = 2,500 pesos.
- The amount of interest payable in 1 month is: 10,000 x 2.5% = 250 pesos.
- Total amount payable in 1 month: 2,500 + 250 = 2,750 pesos.
Mazilla loan requirements
To have a chance to be approved for a loan at Mazilla, borrowers need to meet some basic conditions:
- Filipino citizen, over 18 years old.
- Have a valid genuine ID.
- Have a genuine bank account.
- The mobile number is working 2-way.
Guide to register Mazilla Loan Application Step-by-step
The basic steps to apply for a quick loan at Mazilla are:
Step #1: Visit Mazilla’s homepage
Visit Mazilla’s main website via link: [table “mazilla_ph3” not found /]
and select the loan limit according to the borrower’s needs.
Then select “Get money”
Step #2: Enter personal information
The borrower fills in the first name, telephone, email and agrees to Mazilla’s terms and conditions.
Then select “Continue”
Step #3: Confirmation of contact details
Mazilla will send a confirmation email to the email registered by the borrower. You must access the email and select “Confirm email”
Step #4: Choose the Right Loan Partner
Mazilla will suggest certain partners to provide loans in accordance with the information provided by borrowers.
Fill in the loan application information, wait for Mazilla Ph approval and disbursement
Reviews Mazilla online Loan App Feedback
Mazilla has been trusted and registered by many customers, rated as a reputable loan application, easy registration, fast approval and no service fees.
Mazilla loan repayment
Customers need to pay their Mazilla loans on time to avoid being charged penalty fees and affecting their personal credit history.
The average overdue penalty fee is 0.1% of the loan amount.
Borrowers can extend the payment period further.
However, if the payment is overdue, you will not be able to extend the loan.
Compare Mazilla Loan App Philippines with Other Loan Apps
Comparative criteria | Mazilla | Credify | Cashspace |
Limits | 500 – 25000 pesos | 1000 – 25000 pesos | 1000 – 25000 pesos |
Tenor | 3 months – 2 years | 3 – 12 months | 2 – 4 months |
Interest | 30% – 365%/years | 12%/month | 1% – 3%/month |
Age | Over 18 years old | 20 – 70 years old | 18 – 70 years old |
Browsing time | 10 minutes | 15 minutes | 5 minutes |
Sources: Refer to Sate Bank reporting and research.
Mazilla customer service
Any comments Mazilla Ph complaints can be contacted via the following information:
- Hotline: +44 (131) 608-05-01
- Email: support@mazilla.ph
- Address: Latvia, Riga, Krisjana Valdemara calle, 33 – 7, LV-1010.
FAQs – Mazilla PH
Here are some frequently asked questions about Mazilla loans:
Is Mazilla legit?
Mazilla is not a bank or financial institution, acting in the form of an intermediary, synthesizing borrowers’ information to suggest suitable lending partners. Maziila is a legit financial aid website that has been helping thousands of customers in need of cash loans get quick support to handle personal affairs.
How to pay Mazilla?
Mazilla payment through a number of methods such as:
- Pay online via internet banking BDO, BPI, Maybank, Metrobank, PNB, Union bank ..
- Pay cash at bill payment centers nationwide such as 7-Eleven, Robinsons Mall, SM Payment Center, Cebuana Lhuillier Pawnshop, and Bayad Center Bills Payment…
- E-wallets via GCash, PayMaya or Coins.ph.
In conclusion – Should you Apply to Mazilla App?
Mazilla is a reputable financial assistance application, helping to solve the need for emergency cash loans. Borrowers will be supported with a limit of 500 to 25000 pesos for terms ranging from 91 days to 2 years and free service fees.
Richard says
Thanks to Mazilla, I can get some money for house leasing this months. It is so fast.
Hamard says
It is easy to apply for Mazilla loan. The customer service is very good.