What is Vamo Philippines loan? Is Vamo Ph legit? How to login to Vamo Ph? Requirements?
In the article below, Retailasiaonline.com will guide customers through 5 steps to register Vamo app for simple and easiest approval.
Contents
- 1. Summary of Vamo Philippines Loan
- 2. What is Vamo Philippines?
- 3. Pros of Vamo Philippines
- 4. Cons of Vamo Ph Loan App
- 5. Vamo Philippines interest rate
- 6. Example of Vamo Philippines interest rate calculation
- 7. Vamo Philippines loan requirements
- 8. Guide to register Vamo Philippines Loan Application Step-by-step
- 9. Reviews Vamo Ph online Loan App Feedback
- 10. Vamo Ph loan repayment
- 11. Compare Vamo Ph Loan App Philippines with Other Loan Apps
- 12. Vamo Ph customer service
- 13. FAQs – Vamo Ph loan App in Philippines
- 14. In conclusion – Should you Apply to Vamo Ph loan in philippines?
1. Summary of Vamo Philippines Loan
✅ Review | ⭐ Vamo Philippines |
✅ Guide to | ⭐ Register to Vamo Philippines (PH) |
✅ Loan amount | ⭐ 1000 – 30.000 PHP |
✅ Age | ⭐ 20 – 65 years old |
✅ Term | ⭐ 10 – 30 days |
✅ Interest rate | ⭐ 39 %/year |
✅ Pros | ⭐ Online loan guaranteed approval |
✅ Cons | ⭐ No online loan monthly payments in Philippines |
✅ Evaluate the effectiveness | ⭐ Good |
✅ Bad credit | ⭐ Not Allow |
✅ Feedback | ⭐ Read more in this article |
✅ Vamo App dowload (APK): | ⭐ Link Here |
2. What is Vamo Philippines?
Vamo Philippines is an online money lending application developed by Vamo Lending Inc, operating in the form of P2P peer-to-peer lending (connecting investors and borrowers) in the Philippines. Vamo supports loans from 1000 to 30000 pesos. just have 1 valid ID. The first loan has a term of 10 days. Recurring loans have a maximum payment period of 30 days.
3. Pros of Vamo Philippines
Vamo loan has supported loans for more than 700,000 customers in 7 different countries with benefits such as:
- Simple loan documents, only 1 valid ID is required.
- Quick loans with no meetings, no mortgages, no guarantees, no appraisals.
- Loan approval rate is over 90%, quick approval in 15 minutes.
- Vamo ph legit, information about loans, monthly interest is transparent and informed to customers.
4. Cons of Vamo Ph Loan App
However, the Vamo application also has some drawbacks such as:
- First-time borrowers can only borrow up to 10,000 pesos.
- The loan period is short, up to a maximum of 30 days.
- The interest rate is high and there is an additional application processing fee of 100 pesos per loan.
5. Vamo Philippines interest rate
Vamo Philippines reviews has a loan interest rate of 1.3% per day. In addition to the interest amount, the client will have to pay an additional processing fee per application of 100 pesos.
6. Example of Vamo Philippines interest rate calculation
Vamo lending reviews give an example of a customer applying for a loan of 1000 pesos paid after 10 days at an interest rate of 1.3% per day and a service fee of 100 pesos.
Thus, the amount of interest payable after 10 days is 1000 x 1.3% x 10 = 130 pesos.
The total amount payable after 10 days is 1000 pesos + 130 pesos + 100 pesos = 1230 pesos.
7. Vamo Philippines loan requirements
Vamo Philippines Loan applies to Filipino citizens from 20 to 65 years old, living and working in the territory of the Philippines, who have 1 valid ID (can be SSS, TIN, GSIS or passport).
Vamo Ph first loan
Vamo Philippines registration first needs to provide personal information, ID information, payment information and upload a photo of a valid ID.
Vamo Ph 2nd loan
After full and on-time repayment of the first loan, customers can apply for the next loan just by Vamo Ph login to the loan account at Vamo, select the amount they want to borrow and submit the loan application. The loan will be approved in 5 minutes.
8. Guide to register Vamo Philippines Loan Application Step-by-step
Here are detailed instructions on how to apply for a loan at Vamo Philippines loan:
Step #1: Vamo Ph Credit line
Sign up and login to the homepage of Vamo Philippines Loan via link:
Vamo Website |
Select the loan limit according to need. New customers apply for a maximum loan of 10000 pesos.
Step #2: Apply for a loan account
Fill in personal information to apply for a loan account at Vamo loan (name, phone number, date of birth, gender, email). Set up an account password (must be at least 6 characters, including uppercase, lowercase and numbers). Check the box agreeing to Vamo Ph loan’s terms and conditions, click “Continue”.
Step #3: Fill in address and task information
Enter the current residential address, select the type of job, company name, company address…
Step #4: Upload Photo ID
Upload a photo of a valid Government-issued personal ID. 2-sided shot, clear, without losing corners. Then take a portrait holding the front of the ID.
Step #5: Wait for approval and receive disbursement
The system will approve in 15 minutes. Loan approval results will be notified via email and in the loan account that the borrower has just registered. Disbursements are transferred directly to the borrower’s bank account.
Video Vamo loan application:
9. Reviews Vamo Ph online Loan App Feedback
Vamo Philippines Loan is considered one of the most reputable, easy-to-approve cash lenders in the Philippines. Some images of Vamo PH feedback are below:
10. Vamo Ph loan repayment
Vamo Ph payment by one of the methods such as:
- Pay via online banking or over the counter of banks such as BDO, Asia United Bank, Landbank, PNB, Unionbank, Robinsons Bank, BPI, China Bank, Security bank..
- Pay via e-wallets such as GCash, PayMaya, GrabPay.
During the payment process, if you have any problems, please contact DragonPay customer service email via email: support@dragonpay.ph. Note to pay on time to avoid Vamo Ph harassment.
11. Compare Vamo Ph Loan App Philippines with Other Loan Apps
Comparative criteria | Vamo Ph loan app | Cash-Express Ph | Unacash App |
Limits | 1000 – 30000 pesos | 1000 – 20000 pesos | 1000 – 50000 pesos |
Tenor | 10 – 30 days | 7 – 14 days | 2 – 6 months |
Interest | 39%/months | 30% – 60%/months | 0% – 16%/months |
Age | 20 – 65 years old | 21 – 70 years old | Over 18 years old |
Browsing time | 15 minutes | 15 minutes | 15 minutes |
Rating review | 8/10 | 8/10 | 9/10 |
Sources: Refer to Sate Bank reporting and research.
12. Vamo Ph customer service
- Address: Unit 1606-1607 11th Drive Cor. 9th Avenue, Bonifacio Global City, Taguig City.
- Vamo Ph Contact number: Globe Telecom: +63 917-706-9834 or Smart Telecom: +63 947-896-4568, support from 9am to 6pm, 2nd to 6th.
- Email: support@vamo.ph
13. FAQs – Vamo Ph loan App in Philippines
Some questions about Vamo Philippines loan app are as follows:
Is Vamo Ph legit?
Vamo Lending Inc. is a legitimate financial company and has a business license, so Vamo loan loans are considered safe. The Securities and Exchange Commission has issued a company registration number CS20200000915 and certificate of authority No. 3261. Vamo will keep customer information confidential and disclose loan information.
What is meaning of Vamo?
Vamo Lending Inc. is a leading financial company in Asia and Europe, operating under the umbrella of VIA SMS Group. Vamo Loan has addressed financing needs for more than 700,000 customers. Vamo Ph approval uses P2P peer-to-peer lending technology, connecting people in need of loans and financial support lenders.
How to pay Vamo Ph via GCash?
- Step 1: Vamo Ph login with registered phone number and password.
- Step 2: Select “make a payment”
- Step 3: Select GCash as a payment method. The system will automatically redirect to the interface of the GCash e-wallet.
- Step 4: Select Loan payment, select bills “Dragonpay”.
- Step 5: Enter reference number, phone number, email, amount to pay.
How to login Vamo.ph?
Once registered for a loan at Vamo app. customers will have an account on Vamo. To Vamo Ph login, customers only need to enter their phone number and password. Access to the account allows borrowers to track loan information, can apply for new loans, and pay off active loans. The account will be kept confidential.
14. In conclusion – Should you Apply to Vamo Ph loan in philippines?
Vamo Philippines Loan is a reputable online money lending application in many countries, especially the Philippines. Vamo PH review has solved urgent financial problems for thousands of customers in the amount of up to 30,000 pesos.
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Dahlia says
It is so easy to borrow money from Vamo Philippines. Requirements is simple and good support.
Suze Orman says
Thanks for your feedback about Vamo PH.
Ashley says
Thanks to Vamo PH Loan review, I can easily sign up and login to Vamo quickly. I can overcome
disadvantaged this month
Suze Orman says
That is cool.