Online Loans Pilipinas Reviews app Legit? Complaints harassment? (2024)

What is Online Loans Pilipinas? The online loan available in the market will help Filipinos deal with emergency financing. OLP is one of the reputable, verified, easy-to-approve and fast disbursement loan services.

Retailasiaonline.com will provide detailed information about Online Loans Pilipinas app and guide the steps to apply for a loan in the article below.

Summary of Online Loans Pilipinas

What is Online Loans Pilipinas?

Online Loans Pilipinas is a financial company that offers online loans 24/7 quickly and easily. The loan is SEC-registered and legally licensed. The loan limit is from 1,000 to 30,000 pesos, the first loan can be borrowed up to 7,000 pesos. Loan term from 7 to 30 days.

Pros of Online Loans Pilipinas App

• Online Loans Pilipinas review has many outstanding advantages such as:
• Reputable, SEC-registered operation is trusted and used by more than 1.5 million Filipinos.
• The loan procedure is simple, only need to have 1 valid genuine ID, no need to prove income, no need to mortgage the property.
• Apply for a loan online in 5 minutes, anytime, anywhere, including holidays, holidays.
• Automatic approval, quick disbursement.
• Information on limits, terms, interest rates, service fees .. will be public, helping borrowers consult and consider before borrowing.
• It is possible to extend the payment period up to 30 days.
• Absolute confidentiality of borrowers’ personal information.

Cons of Online Loans Pilipinas loan app

Online Loans Pilipinas app review has some disadvantages which are:

• Short-term loan terms, putting financial pressure on borrowers.
• The loan limit is not high, only suitable for solving some personal expenses.

Online Loans Pilipinas interest rate

New customers will receive a 0% interest rate on their first loan. Recurring loans have a maximum interest rate of 1% per day. If the borrower is late in payment, there will be a late payment penalty of 500 pesos.

Example of Online Loans Pilipinas interest rate calculation

Online Loans Pilipinas approval 20,000 for 20 days at 1% interest rate per day:

• The amount of interest payable after 20 days is: 20,000 x 1% x 20 = 4,000 pesos.
• The total amount payable after 20 days is: 20,000 + 4,000 = 24,000 pesos.

Online Loans Pilipinas requirements

The basic conditions to meet when applying for an Online Loans Pilipinas are:

1. Filipinos, living and working in Philippine territory.
2. From 22 to 70 years old.
3. Have a bank account or e-wallet.

Guide to register Online Loans Pilipinas Application Step-by-step

The steps to apply for a Online loan Pilipinas are as follows:

Step #1: Download Online Loans Pilipinas app

Download the Online Loans Pilipinas app via this link.

Register a loan account via mobile phone and confirm via code sent to SMS.

Step #2: Fill in the loan application information

Enter personal information including full name, date of birth, gender, email, address, job, income …

Step #3: Upload document

Upload any document can be driver’s license, passport, SSS ID, UMID, GSIS ID, PRC ID, TIN ID, voter’s ID, PhilHealth ID…

Step #4: Submit a loan application and wait for disbursement

Carefully read the loan terms and conditions.

Submit a loan application and wait for approval.

Receive approval and disbursement notifications via bank transfer

Reviews Online Loans Pilipinas loan app feedback

Online Loans Pilipinas reviews is rated 4.7 stars from customers, no complaints harassment. It is legit and safe to use, high support limit and absolute information.

More than 1.5 million Filipinos have signed up for Online Loans Pilipinas, which are credited with loans, high approval rates and super-fast disbursements in minutes.

Online Loans Pilipinas repayment

The 3 methods of Online Loans Pilipinas payment are:

• Cash payment in person at 7-Eleven, Cebuana Lhuillier, SM, Bayad Center, RD, LBC, Palawan express, business center.
• Repay your debt online by logging into your account registered at Online Loans Pilipinas.
• Pay via GCash, Shopee Pay, Coins.ph, Paymaya.

Compare Online Loans Pilipinas loan app Philippines with other loan apps

Sources: Refer to Sate Bank reporting and research.

Online Loans Pilipinas customer service

Online Loans Pilipinas complaints through the following information:

• Address: 601 Summit One Office Tower, 530 Shaw Boulevard, Barangay Highway Hills, Mandaluyong City, Philippines.
• Email: help@online-loans.ph
• Hotline: (02) 405 5171
• Time work: 8AM to 5PM

FAQs – Online Loans Pilipinas PH

Some questions about Online Loans Pilipinas:

Is Online Loans Pilipinas legit?

Online Loans Pilipinas is the leading 24/7 online unsecured loan in the Philippines market. The company is on the list of financing companies published on https://www.sec.gov.ph/. This means that OLP has registered with the SEC with a registration No. CS201726430 and certificate No.1181.

Is Online Loans Pilipinas harassment?

Online Loans Pilipinas is committed to absolute confidentiality of borrowers’ information through data encryption technology. The company has been legally licensed, borrowers will definitely not be harassed. In case of late payment, the lender will call to remind the debt and collect the debt but it will be within the limits allowed by law.

How to make Online Loans Pilipinas complaints?

If borrowers are harassed, they can call the hotline (02) 405 5171 or send an email to help@online-loans.ph mailbox to complain to Online Loans Pilipinas’ customer support center. Philippine law has many laws to protect consumers from usury. If the lender doesn’t address your complaint, you can file a complaint in court for legal action.

In conclusion – Should you apply to Online Loans Pilipinas app?

Online Loans Pilipinas is an online cash loan that has been legally licensed to operate since 2017. You can get quick loans from 1,000 to a maximum of 30,000 pesos, paid in terms of 7 days to 1 month with an average interest rate of 1% per day.

If you are in urgent need of money, OLP is the effective solution, receive money quickly in 5 minutes.

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