PHPOCKET Review Philippines loan app Legit? Complaints Harassment

What is PHPocket? PHPocket is considered as an effective financial solution for Filipinos when unexpected things arise that need money urgently to solve without many procedures like traditional bank unsecured loans.

In the article below, Retailasiaonline.com will summarize assessment information about PHPocket loan, how to apply for a loan and how to contact the complaint as quickly as possible.

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Summary of PHPocket

✅ PHPocket Review	⭐ 4.4 star
✅ Guide to	⭐ Register to PHPocket loan app Philippines (PH)
✅ Loan amount	⭐ 2.000 – 20.000 Pesos
✅ Age	⭐ 22 – 60 years old
✅ Term	⭐ 91 – 120 days
✅ 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
✅ Is PHPocket Sec registered	⭐ Yes
✅ Harassment	⭐ Read more about feedbacks in this article
✅ Complaints	⭐ No

What is PHPocket?

PHPocket is an online financial aid application available in the Philippines, a product of MyCash Lending Investor Inc. Customers will be applied for a loan of 2,000 to 20,000 pesos with a payment period of 91 to 120 days, helping to solve Filipinos’ financial difficulties quickly,  Flexibility and convenience.

Pros of PHPocket App

Hundreds of thousands of customers have borrowed PHPocket review application has many advantages:

• Flexible loan process, simple procedures, only need at least 1 valid genuine ID issued by the Government.
• Customers can apply for loans online without valuable assets as collateral, nor need proof of income, supporting bad debts.
• Automatic loan approval within 7 minutes, disbursed funds will be transferred to borrowers immediately, no transaction fees.
• Borrowers can reapply for a higher limit if they pay the loan in advance on time.
• Flexible payment methods can extend the payment period.
• The platform secures borrowers’ personal information.

Cons of PHPocket Loan App

PHPocket app review has some disadvantages which are:

• The loan limit is not high.
• Short loan period

PHPocket interest rate

PHPocket’s annual interest rate (APR) is at least 1% and maximum is 36% per annum (equivalent to 3% per month) with no transaction fees. The interest rate will be determined according to customer information, credit history and financial records.

Example of PHPocket interest rate calculation

PHPocket Ph Approval 10,000 for 5 months with interest rate of 3%/month.

• The principal amount to be contributed in 1 month is: 10,000 : 5 = 2,000 pesos.
• The amount of interest payable in 1 month is: 10,000 x 3% = 300 pesos.
• The total amount payable in 1 month is 2,000 + 300 = 2,300 pesos

PHPocket loan requirements

Borrowers need to meet some basic conditions to get a PHPocket loan:

• Filipino citizens, between 22 and 60 years old.
• Have a stable job. have a genuine ID.
• Use an internet-connected phone.
• Have a genuine bank account.
• The mobile phone number is active.

Guide to register PHPocket Loan Application Step-by-step

The steps to apply for a PHPocket loan are as follows:

Step #1: Download the PHPocket app

Download the PHPocket app from Google Play. Link Here

Agree to the conditions and terms of the loan application.

Step #2: Sign up for an account

Enter your phone number and SMS code sent to your phone for verification.

Sign up for an account with a 6-character phone number and password.

Allow PHPocket to make and manage phone calls

Step #3: Fill in personal information

Fill in personal information according to the application form (including email, facebook name, messenger/viber, backup phone number, industry category, religion, marital status, number of children, education background, contact person.

Note: Need to pay attention to correctly fill in contact information, PHPocket will contact randomly for verification.

Step #4: Take an ID photo

Take a photo of a valid genuine ID and confirm the information on the ID.

ID can be UMID, Passport, Driving license, SSS, PRC, PAG IBIG, Postal ID, National Id.

Step #5: Summit and reviewing

Submit your application and wait for approval. Loan approval results will be notified right on the application.

Approved customers will receive their money transfer immediately.

Reviews PHPocket online Loan App Feedback

PHPocket review Philippines is rated 4.4 stars from customers, no complaints and harassment. PHPocket Loan is an online cash lending platform that is highly appreciated by customers with a simple, easy-to-borrow process that is easy to browse.

PHPocket loan repayment

PHPocket payment through many different support channels such as:

• Make a bank deposit to the company’s account number.
• Pay via Gcash or ECPay e-wallets.
• Repay loans in cash at some convenience stores such as 7-Eleven, MLhuillier.

Compare PHPocket loan app Philippines with other loan apps

Comparative criteria	PHPocket	Mabilis Cash	Cash Mart
Limits	2.000 – 20.000 pesos	1.000 – 100.000 pesos	3.000 – 20.000 pesos
Tenor	91 – 120 days	30 – 180 days	90 – 120 days
Interest	36%/year	180%/year	0,5% – 1%/day
Age	From 22 to 60 years old	Over 18 years old	From 18 to 60 years old
Browsing time	7 minutes	5 minutes	15 minutes

Sources: Refer to Sate Bank reporting and research.

PHPocket customer service

PHPocket Ph complaints through the following information:

• Address: 12th Floor Aseana Ba Bldg., Macapagal Ave. Cor Aseana Ave., Asena City Tambo City of Parañaque Fourth District, Parañaque City, Philippines.
• Email: cs@phpocket.com
• Hotline: 098 5379 6050
• Online time: 9 AM – 6 PM

FAQs – PHPocket PH

Here are some frequently asked questions about PHPocket:

Is PHPocket legit?

PHPocket is a financial product of Mycash Lending Investor Inc, developed in 2018. The application has been licensed by the SEC – Securities and Exchange Commission for registration with number CS201840987, certificate of legal operation number 2814. This proves that the PHPocket loan is a very reputable and reliable loan.

How is PHPocket harassment?

If the customer is late in payment, overdue payment may be harassment by PHPocket. Debt collection officers will constantly call, send messages, email borrowers, relatives, references to remind loan payment.

How do PHPocket complaints work?

Borrowers who complain about PHPocket’s loan service can contact directly the hotline 098 5379 6050, support advice and answers during office hours from 9.00 to 18.00. Alternatively, you can go directly to the company’s headquarters at 12th Floor Aseana Ba Bldg., Macapagal Ave. Cor Aseana Ave., Asena City Tambo City of Parañaque Fourth District, Parañaque City, Philippines

In conclusion – Should you Apply to PHPocket App?

PHPocket is one of the applications that supports quick loans online, quick disbursement without collateral. You can borrow up to 20,000 pesos for a short period of only 3-4 months. The loan is completely legal, reputable operation and fast support 24/7.

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