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Magallanes loan needs

Magallanes

Magallanes loan needs

Business

Ella, 2021-06-08 20:29:24 | Magallanes 268 Views

Pay the bill

Ylaika Mae C. Dumayaca, 2019-05-02 01:29:33 | Magallanes 437 Views

invest

mehjeanne, 2017-12-06 20:07:20 | Magallanes 533 Views

Tuition fees

Claudine, 2017-10-07 18:30:39 | Magallanes 545 Views

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Loan APR interest rate

Loan term:: the shortest 90 days, the longest 5 years
The lender cannot claim loan repayment within 90 days
Upfront cost: no nominal cost
Annual interest rate: 12%~30%, not exceeding the legal interest rate
Age: Must be over 20 years old
Region: Philippines only

Example of Borrowing

An office worker has worked for more than a year, and John with normal credit wants to borrow 30,000 PHP in cash quickly. He chose a credit loan program from projects offered by multiple funders and borrowed it for six months. On the same day, he received a loan of 30,000 PHP without prior handling fees and agency fees. The monthly interest is 500 PHP and the annual interest is 6,000 PHP.

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