Peso Buffet Loan App review legit or not? complaints? harassment, requirements?
Using this app, you may apply for a personal loan from the comfort of your own home and without the need for collateral or a cosigner. You can take advantage of a low, decreasing interest rate and a range of repayment options.
In this article at retailasiaonline.com, we will review its features, requirements, and interest rate calculation for 2023.
Keeping this article to get more knowledge!
- 1. Summary of Peso Buffet Loan
- 2. What is Peso Buffet Loan?
- 3. Pros of Peso Buffet App
- 4. Cons of Peso Buffet App
- 5. Peso Buffet maximum loan and term
- 6. Peso Buffet interest rate
- 7. Example of Peso Buffet interest rate calculation
- 8. Peso Buffet loan requirements
- 9. Guide to Peso Buffet Loan Application Step-by-step
- 10. Reviews on Pesso Buffet Loan and Feedback
- 11. Peso Buffet payment.
- 12. Compare Peso Buffet loan to other App
- 13. Peso buffet Harassment
- 14. Peso Buffet contact number
- 15. FAQs – Peso Buffet App
- 16. In conclusion
1. Summary of Peso Buffet Loan
|✅ Review||⭐ Peso Buffet Loan App|
|✅ Guide to||⭐ Apply a loan to Peso Buffet Loan App Philippines|
|✅ Maximum Loan||⭐ 1000 – 10.000 PHP|
|✅ Age||⭐ 20 – 65 years old|
|✅ Term||⭐ 1 – 12 months|
|✅ Interest rate||⭐ 10 – 20 %/year|
|✅ Requirements||⭐ National ID|
|✅ Pros||⭐ Easy login, no victim|
|✅ Cons||⭐ Have fee service|
|✅ Evaluate the effectiveness||⭐ Good|
|✅ Bad dept||⭐ Allow|
|✅ Harassment||⭐ By email|
|✅ Legit||⭐ Yes|
|✅ Payment||⭐ GCash, Maya, M Lhuillier, RD Pawnshop, and 7-11|
|✅ Contact||⭐ Wlilkengcdeo@hotmail.com|
|✅ Dowload App APK||⭐ Link here|
|✅ Registration number||⭐ CS201817516|
2. What is Peso Buffet Loan?
Peso Buffet Loan is an internet lending application created by Copperstone Lending Inc., a Philippine-based provider of financial services. The app is made to give underserved and unbanked Filipinos rapid and simple access to cash. The borrowing process is now simpler and more accessible than ever thanks to this internet lending platform.
3. Pros of Peso Buffet App
Here are some benefits after Peso Buffet review from customers:
- The entry process for Peso Buffet is quick and easy.
- When asking for a loan through the Peso Buffet app, you only need to show a few documents.
- Borrowers only need to give basic details and a government-issued ID.
- Peso Buffet keeps track of your payments and lets you know when they’re due.
- Payment terms vary from 6 to 12 months.
- There is no punishment for paying off the loan early.
4. Cons of Peso Buffet App
In addition to its many advantages, Peso Buffet loan app also has a number of drawbacks.
- You can only borrow between 2,000 PHP and 10,000 PHP
- When there is a Peso Buffet loan that hasn’t been paid, a high late payment fee of 10% of the amount owed is charged.
- Needs a co-maker who has a job and money in the bank.
- The only people who can get it are Filipino citizens who are working and have a legal ID.
5. Peso Buffet maximum loan and term
The maximum loan and term of Peso Buffet loan app from 2,000 PHP to 10,000 PHP can be borrowed. If you’re a first-time borrower, you don’t get the highest loan amount right away.
But if you pay back your first loan on time and build up a good credit history with Peso Buffet, you can get bigger loans in the future.
6. Peso Buffet interest rate
According to the Securities and Exchange Commission report, Peso Buffet lending company’s interest rate is 60% per year. On the website, however, the interest rate is written as 10% – 20% per year. The length of time to pay back the loan is between 180 and 365 days.
7. Example of Peso Buffet interest rate calculation
Here’s an example of how Peso buffet fast cash loan works out its interest rate:
Let’s say you borrow PHP 10,000 for 6 months at 4.563% per month in interest.
How to figure out the monthly interest:
- Interest rate per month on the principal
- 4.563% of PHP 10,000 = PHP 456.30
For a 6-month loan, the total interest is:
- Interest per month multiplied by the number of months: 456.30 x 6 = 2737.80
- The capital plus the interest is the total amount you need to pay back.
- PHP 10,000 plus PHP 2,733.80 is equal to PHP 12,737.80
Note: You can figure out how much your monthly loan payments will be. Just go to their website and type in the amount you want to borrow, the interest rate you want, and how long you want to pay it back.
8. Peso Buffet loan requirements
Both first-time and repeat borrowers must meet the same standards to get a Peso Buffet loan:
- You must be a member of the Philippines.
- You must be over 18 years old.
- You must have a legal ID from the government.
- You must have a steady job or another way to make money.
Peso Buffet first loan
For a first-time PesoBuffet loan, you need the following:
- A legal ID from the government
- Proof that you have a job
- Evidence of TIN
Peso Buffet 2nd loan
For a second Peso Buffet loan, you need the following:
- A legal ID from the government
- Proof that you have a job
- Evidence of TIN
- Your old most recent statement of account (SOA)
9. Guide to Peso Buffet Loan Application Step-by-step
Here are Step-by-step to apply for Peso Buffet Loan:
Step #1: Visit the official website
Go to the official website of Peso Buffet loan app at: https://www.pesobuffettech.com/#Home
Step #2: Apply now
- Press the “APPLY NOW!” button to proceed. You must download the Peso Buffet fast cash loan.
- Then click “APPLY NEW”.
Step 3: Fill out online form
- Fill in the fields with your name, date of birth, location, and any other information that is important.
- Then click “Next” to move on.
Step 4: Submit the Application
- Submit the application online if applying through a website or in-person at a physical branch.
- Review the terms and conditions of the loan before finalizing your application.
- Wait for the lender’s response, which can take a few days to a couple of weeks.
Note: If your application is approved, the lender will provide you with the loan terms, including the interest rate, loan amount, repayment schedule, and any applicable fees. Be sure to review these terms carefully before accepting the loan.
10. Reviews on Pesso Buffet Loan and Feedback
I find the entry process for Peso Buffet is quick and simple. The app also lets borrowers check right away if they are eligible for the loan amount they want and get permission in just minutes after sending in all the necessary paperwork.
Overall, I think a Peso Buffet company is a good choice if you need a lot of money fast and have a steady income. But be prepared for trouble with technology and bad service.
Here’s an example of a Peso Buffet loan review from a customer:
For more details about application using Peso Buffet loan app, you can watch these videos:
11. Peso Buffet payment.
Here are step-by-step to pay off Peso Buffet Loan App:
#1. Access the Peso Buffet App
- Ensure that you have the Peso Buffet app installed on your device.
- Within the app, there should be a section or option for making loan payments.
- Navigate to this section.
#3. Select Payment Partner
- Choose the payment partner through which you want to make your loan payment.
- In this case, your options are GCash, Maya, M Lhuillier, RD Pawnshop, and 7-11.
#4.Enter Payment Details
- Follow the prompts provided by the selected payment partner within the Peso Buffet app.
- You will likely need to enter details such as the loan account number, the payment amount, and any other required information.
#5. Payment Confirmation
- After successfully making the payment, you should receive a confirmation receipt or notification. Be sure to keep a record of this for your records.
- Verify Payment: You may also want to verify the payment on your Peso Buffet account to ensure that it has been recorded correctly.
12. Compare Peso Buffet loan to other App
|Loan App||Peso Buffet||Acom App||Web Peso|
|Interest Rate||10% – 20% per year||3.315% – 4.563% per month||9% – 12% per month|
|Loan Amount||Up to PHP 10,000||Up to PHP 500,000||Up to PHP 10,000|
|Loan Term||Up to 6 months||Up to 6 months||Up to 3 months|
Sources: Refer to Sate Bank reporting and research
13. Peso buffet Harassment
Some people who have borrowed money through Peso Buffet have talked about their experiences with the app. Customers have said Peso buffet complaints of getting people to pay back their loans on time include sending them a lot of text messages and making threats.
Many customers are still hesitant to use Peso Buffet because it could cause stress, embarrassment, or financial damage if they don’t pay back their loans on time.
14. Peso Buffet contact number
Here is the contact of Peso Buffet Loan:
- Phone number: Has no Hotline.
- Email: Wlilkengcdeo@hotmail.com
Note: Customers must pay attention to Peso buffet id requirements to give some supports and use this app suitably
15. FAQs – Peso Buffet App
For more information about Peso Buffet Loan, follow the frequently asked questions below:
Is Peso buffet legit or not?
Yes, the Peso Buffet loan app is a real business that is owned and run by a company that is listed with the SEC. The company that runs Peso Buffet, Copperstone Lending Inc., has been listed with the Securities and Exchange Commission (SEC) of the Philippines since May 6, 2021.
How to pay Peso buffet using gcash?
Here are the steps you can take to use GCash: On your phone, open the GCash app. Make sure your GCash account has enough money in it. Choose “Pay QR” by tapping on it. Scan the QR code that the buffet restaurant has given you. Type in how much you have to pay.
Is Peso buffet sec registered?
Yes. Since May 6, 2021, Copperstone Lending Inc., the firm that is in charge of running Peso Buffet, has been registered with the Philippine Securities and Exchange Commission (SEC), registration number CS201817516. It is authorized to function as a lending company and possesses the necessary Certificate of Authority.
16. In conclusion
In general, Peso Buffet Loan is a dependable and hassle-free choice for Filipinos who are in need of a loan in a hurry. The application process can be grasped with little effort, and the interest rates are fair enough.
It is essential, however, to be aware that the maximum loan amount is PHP10,000 and the real amount that you are able to borrow will be determined by your credit rating.
Peso Buffet is an excellent choice to think about if you’re in need of a short-term loan to help bridge the gap between now and the next time you are paid.