TENDOPAY Cash Loan Review Philippines safe? interest? requirements

What is Tendopay? If you are looking to buy goods but do not have enough money to pay, the buy now pay later service is the effective solution.

Retailasiaonline.com will guide customers to register information, receive limits and buy online, pay later via TendoPay loan in the article below.

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Summary of Tendopay

✅ Tendopay Cash Loan Review Philippines	⭐ 4.1 star
✅ Guide to	⭐ Register to Tendopay Philippines (PH)
✅ Loan amount	⭐ 1.000 – 25.000 Pesos
✅ Age	⭐ 18 – 65 years old
✅ Term	⭐ 3 – 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	⭐ Allow
✅ Feedback	⭐ Read more in this article
✅ Tendopay App dowload APK:	⭐ Link Here

What is TendoPay?

TendoPay is a fintech lending platform founded by Templetech Finance Corp. in 2018. The platform cooperates with famous partners such as Samsung, Lazada, Shopee, Macbook, Xiaomi, HP, Asus, Acer … help customers to buy goods and pay installments flexibly. Support limits range from 2,000 to 30,000 pesos, for a period of 15 to 90 days.

Pros of TendoPay App

TendoPay review is highly appreciated with many advantages such as:

• Reputable loan platform, which has been licensed to operate legally, supports nationwide.
• Online service, convenient, easy registration via the application on the phone.
• No proof of income, no mortgage, no hidden fees.
• Access to a line of credit for quick shopping, allowing the purchase of products or services, at more than 100 stores of partners in the form of prepayment, installment later.
• Transparent information, flexible terms, can control the loan anytime, anywhere.
• No bank account is required and bad debts can be accepted.
• The limit can be increased if the loan is paid on time.
• Data is encrypted and absolutely secure.

Cons of TendoPay Loan App

TendoPay app review has disadvantages such as:

• High interest rates, high penalty fees for late payment.
• 20% down payment.

TendoPay interest rate

TendoPay’s interest rate averages only 4% to 10% per month. Borrowers will not incur service fees, but if paid on time, they will incur very high penalty fees.

Example of TendoPay interest rate calculation

TendoPay Ph Approval 15,000 pesos for 30 days at 5% interest per month.

• The amount of interest payable after 30 days is: 15,000 x 5% = 750 pesos.
• The total amount payable after 30 days is: 15,000 + 750 = 15,750 pesos.

TendoPay loan requirements

Conditions for applying to receive a credit line at TendoPay are:

• Filipino nationality, over 18 years old.
• Have a valid ID such as PRC, passport, driver’s license, UMID/SSS.
• Have a valid email and phone number in 2-way operation.

Guide to register TendoPay Loan Application Step-by-step

The steps to buy postpaid goods with TendoPay are as follows:

Step #1: Register an account at TendoPay

Fill in the information about email, mobile number, password, confirm password to register an account.

Alternatively, you can register with a facebook account or apple account.

Step #2: Verify your account

The system will send a message via sms providing OTP code. Enter the code sent to verify phone number information.

Step #3: Fill in the basic information

The application requires borrowers to provide basic information such as nationality, date of birth, full name of parents, job, etc.

Step #4: Take an ID photo

Take a photo of the sefie holding a personal ID to verify the information.

Answers to security questions

Step #5: Wait for approval

If you are approved for your credit limit, an email notification will be sent.

If your application is approved, you will be able to use the limit to pay when you make an online purchase.

Reviews TendoPay online Loan App Feedback

TendoPay loan is rated 4.2 stars on Google Play. It is a reputable credit support application, allowing borrowers to make online purchases and pay postpaid.

TendoPay loan repayment

Borrowers can choose to pay TendoPay flexibly through many different methods:

• Pay online via Paymaya or GCash.
• Make a deposit to TendoPay company’s account number at BDO or UnionBank.
• Pay cash bills at 7-Eleven.

Compare TendoPay loan app philippines with other loan apps

Comparative criteria	TendoPay	Cashalo	Cashme
Limits	2000 – 30000 pesos	1000 – 7000 pesos	3000 – 20000 pesos
Tenor	15 – 90 days	15 – 45 days	90 – 120 days
Interest	4% – 10%/month	3,95% – 25%/month	0,5% – 1%/day
Age	Over 18 years old	Over 21 years old	From 18 to 60 years old
Browsing time	10 minutes	10 minutes	15 minutes

Sources: Refer to Sate Bank reporting and research.

TendoPay customer service

TendoPay Ph complaints through the following information:

• Email: cs@tendopay.ph
• Address: 5th Street 1631 Taguig City Metro Manila – Philippines.
• Hotline: 09453410327

FAQs – TendoPay PH

Some frequently asked questions about TendoPay credit are:

Is TendoPay legit?

TendoPay is a credit service of Templetech Finance Corp. that has been operating in the market since 2018. This service has been approved by the SEC – Securities and Exchange Commission with registration number CS201820732 and certificate number 1228. You can shop online at more than 100 partner stores and pay postpaid.

How to pay TendoPay?

The simple way to pay TendoPay is as follows:

• Access your Paymaya or GCash e-wallet account, choose to transfer funds to your TendoPay Inc account at BDO Bank (if using GCash), or UnionBank (if using Paymaya). Complete the transaction and send proof to pay@tendopay.ph
• Transfer money to BDO or UnionBank’s TendoPay Inc account and send proof of payment to pay@tendopay.ph
• Pay at 7-Eleven bill payment centers, using DragonPay or CLiQQ kiosks.

In conclusion – Should you Apply to TendoPay App?

TendoPay is a financial service that supports customers to make online purchases and pay postpaid. You can get purchases worth up to 30000 pesos and installments up to 90 days. The more you pay on time, the higher the limit you can borrow.

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