WEBPESO Review Philippines loan app legit? Complaints? requirements

Webpeso is a website that synthesizes and suggests reputable online cash loan partners, helping to solve urgent financial needs for customers completely free of charge.

In this article, Retailasiaonline.com will provide detailed instructions on how to apply for a simple loan, have a high approval rate and receive money the fastest.

Summary of Webpeso

What is Webpeso?

Webpeso is an online financial support application, providing information to compare lending partners and choose the loan that best suits the borrower’s needs and finances. The service has supported more than 1,000 customers with quick loans from 1,000 to 30,000 pesos, payment in 7 days to a maximum of 180 days and completely free service.

Pros of Webpeso App

Webpeso review has many notable advantages:

• Apply for a loan 100% online, 24/7 loan support, comply with legal regulations.
• The loan registration page is designed to be user-friendly, easy to understand, easy to use, and easy to operate.
• Loan terms and conditions are transparent, loan information is public.
• Automatic approval through the system, quick disbursement.
• No service fees, no hidden fees, and interest-free incentives for new customers.
• Customers with bad credit history still have a chance to be approved for a loan.
• Secure borrowers’ personal data, operate reputable and trustworthy.

Cons of Webpeso loan app

Peroloan app reviews some disadvantages to note such as:

• Loan period is short, limit is not high.
• The loan interest rate is quite high.
• Lending partners are only reputable loan proposal intermediaries, are not financial companies, and do not directly provide loan limits.

Webpeso interest rate

New customers who borrow from Webpeso for the first time will receive a preferential interest rate of 0%. Old customers with reputable payment history will be supported with higher loan limits with average APR interest rates from 12% to 36%/year. The specific interest rate will depend on a number of factors such as limit, payment term, borrower’s income…)

Example of Webpeso interest rate calculation

Webpeso Ph Approval 30,000 for 6 months with interest rate of 11.9%/month

• The amount of interest payable after 1 month is: 30,000 x 11.9% = 3,570 pesos.
• The principal amount contributed in 1 month is: 30,000 : 6 = 5,000 pesos.
• Total amount to be paid in 1 month is: 5,000 + 3,570 = 8,570 pesos.

Webpeso loan requirements

Conditions for applying for a Webpeso loan are:

• Filipinos, from 18 to 71 years old.
• Have valid identification documents (passport, postal ID, SSS, UMID, national ID, driver’s license, PRC ID)
• You can have proof of income to increase the possibility of loan approval and approved limit.

Guide to register Webpeso loan application Step-by-step

Instructions on how to apply for a quick loan at Webpeso:

Step #1: Verification code

Visit the official website of webpeso at the link: https://webpeso.online/

Enter the phone number you are using, check the box to agree to the terms and conditions. Click ‘Apply now”

Enter the OTP code sent via SMS to confirm the owner’s phone number. Then click “submit”

Step #2: Document upload

Take and upload 2 photos.

• Front photo of one of the following documents: passport, postal ID, SSS, UMID, national ID, driver’s license, PRC ID.
• Selfie photo with documents. Then click “Confirm”.

Step #3: Fill in personal data

Fill in some basic personal information such as full name, date of birth, gender, email, marital status, current job, bank account information… Then select “Continue”

Step #4: Submit loan application

Submit loan application and wait for the system to work for 15 minutes. There will then be information suggesting a number of reputable lending partners for borrowers to refer to and choose from.

Reviews Webpeso app feedback

Webpeso review is rated 4.3 stars from customers in Philippines, no harassment complaints. It is legit and safe, high support limit and absolute information.

Webpeso has good feedbacks about supporting online loan services with simple procedures, enthusiastic and dedicated support team, and super fast disbursement.

Webpeso repayment

Webpeso payment through 3 different ways such as:

• Payment via bank transfer.
• Use eWallets like GCash or Maya to pay via Dragon Loans.
• Repay debt directly in cash through Dragonpay’s payment partners such as 7-Eleven, SM Bills, Palawan Express, Cebuana Lhuillier, MLhuillier..

Compare Webpeso app Philippines with other loan apps

Sources: Refer to Sate Bank reporting and research.

Webpeso customer service

Webpeso complaints are received through contact channels such as:

• Address: 1S. Moniuškos g. 6-27, LT-08115 Vilnius, Lithuania, Philippines.
• Email: support@webpeso.ph or info@webpeso.ph
• Work time: 8AM – 8PM from Monday to Friday, 9AM – 6PM on Saturday and Sunday.

FAQs – Webpeso Philippines

Below are some frequently asked questions about Webpeso loan services:

Is Webpeso legit?

Webpeso is a website that synthesizes personal information of registered borrowers, thereby recommending the most reliable and suitable lending partners. The website is managed by Tinėja UAB company, with business code 304875162, certified to operate legally and reputablely in the Philippine market. Customers can completely trust and feel secure when registering when they need a loan.

Is Webpeso harassment?

Webpeso is not a financial company that provides loans. It only operates in the form of P2P peer-to-peer lending, that is, it is only an intermediary that receives registration information and proposes suitable loans. All personal information of the borrower will be safe and absolutely confidential. Lending partners absolutely do not harass customers.

How to make Webpeso complaints?

Webpeso receives complaints through the customer care support service portal with email address support@webpeso.ph or info@webpeso.ph. Support service operates every day of the week. From Monday to Friday, operating from 8AM – 8PM. Saturday and Sunday will support from 9AM to 6PM. Customers will receive quick answers, enthusiastic and dedicated support.

In conclusion – Should you apply to Webpeso app?

Webpeso cooperates with leading reputable financial partners in the market, providing 24/7 online cash loans to Filipinos with a maximum limit of 30,000 pesos for a term of 7 – 180 days. You can receive money as quickly as 15 minutes via bank account or e-wallet.

Rated 5 stars if the article was helpful. Any questions about Webpeso you can leave a comment, we will answer as quickly as possible.