10+ Lending Companies In Davao City Online Loan Without Collateral Review (2024)

This article presents a comprehensive review of the lending companies operating in Davao City that provide online loans without collateral. It specifically focuses on addressing the needs of foreign clients living in the Philippines. CashExpress PH recommends the top 10 legitimate lending companies in Davao City that offer online loans.

Summary of Lending Companies in Davao City

This section provides a summary of the top 10 lending companies in Davao City, including Digido, Crezu, Soscredit, Finbro, and Cashexpress. It highlights the loan amount, age requirements, loan terms, pros, cons, and an effectiveness rating of 8/10. It also mentions the allowance for bad debt.

List of Lending Companies in Davao City Offering Online Loans without Collateral 2024

This section provides a comprehensive list of lending companies in Davao City that offer online loans without collateral. It includes the company’s name, type of loan, and a link to register. The listed lending companies are Digido, Crezu, Soscredit, Finbro, Cashexpress, Moneycat, Pesoredee, Zaimoo, Kviku, and Unacash.

Review of Top Lending Companies in Davao City

#1. Digido – Lending Company in Davao City

Digido is a legally operated lending company registered with the Securities and Exchange Commission (SEC). It offers loans ranging from 500 to 25,000 pesos with installment payment terms of 3 to 6 months. The interest rate per month is 11.9%, with a maximum APR of 143%. Digido provides new customers with a maximum interest-free loan of 10,000 pesos for 7 days. The loan conditions apply to Filipino citizens aged between 21 and 70. Digido’s address is Units P107003R, P107007R, P107008R, Level 7 Cyberpark Tower 1, 60 Gen. Aguinaldo Ave., Cubao, Davao City, Philippines. Pros include fast and online loan application, high approval rate, and easy payment methods, while the cons are high interest rates. Overall score: 8/10.

#2. Crezu – Lending Company in Davao

Crezu is a lending company in Davao City that helps borrowers find suitable personal loans based on their registration information. The loan amount ranges from 1,000 to 25,000 pesos, with payment terms of 2 to 4 months. Crezu offers interest rates between 12% and 36% per annum, with no service fees. The loan conditions apply to Filipino citizens aged between 18 and 70. Crezu’s address is Tartu Street 84a, Davao City, Philippines. Pros include 24/7 online support and fast approval, while the con is that it only suggests lending partners and does not directly disburse loans. Overall score: 6/10.

#3. Soscredit – Lending Company in Davao City without Collateral

Soscredit is a lending company in Davao City that offers loans without collateral and does not require a guarantor. Borrowers can receive money as soon as 15 minutes after applying. Soscredit provides financial support ranging from 1,000 to 25,000 pesos, with installment terms of 3 to 12 months and APR from 143% to 180%. New customers can get a maximum interest-free loan of 7,000 pesos for 62 days. The loan conditions apply to Filipino citizens aged between 20 and 70. Soscredit’s address is 36th Floor, Tower II RCBC Plaza, Davao City, Philippines. Pros include a simple loan procedure, fast disbursement, and flexible payment options, while the con is the high interest rates. Overall score: 8/10.

#4. Finbro – OFW Loan in Davao City

Finbro is a lending company in Davao City that provides loan assistance to Filipino and foreign individuals living in the Philippines. Finbro offers loans ranging from 1,000 to 50,000 pesos, with payment terms of 1 to 12 months. The interest rates range from 0.5% to 1.25% per day, with an additional 9% service fee. New customers can avail a maximum loan of 15,000 pesos with no interest and fees. The loan conditions apply to customers living in the Philippines between the ages of 20 and 65. Finbro’s address is Unit 1405 Philippine Stock Exchange Tektite San Antonio, Davao City, Philippines. Pros include a higher loan limit, simple loan process, and 24/7 support, while the con is the relatively high interest rates and fees. Overall score: 9/10.

#5. Cashexpress – ATM Salary Loan Davao City

Cashexpress is a fast and convenient online lending platform that provides ATM salary loans in Davao City. First-time borrowers can get loans ranging from 1,000 to 10,000 pesos at 0% interest for 7 days. With timely payments, subsequent loans can go up to 20,000 pesos. The payment period is 7 to 14 days, and interest rates range from 1% to 1.99% per day. The loan conditions apply to Filipino citizens between the ages of 21 and 70. Cashexpress’s address is Level 10-1 One Global Place 25th Street, Fort Bonifacio, Davao City, Philippines. Pros include a simple loan process, quick approval, and flexible payment options, while the con is the short payment period. Overall score: 8/10.

#6. Moneycat – Online Loan Davao City

Moneycat is an online lending platform that provides credit loans without collateral in Davao City. Loans are available from 500 to 20,000 pesos, with installment periods ranging from 3 to 6 months. The first loan is interest and fee-free, while subsequent loans have an average interest rate of 11.9% per month and a maximum APR of 143%. Loan conditions apply to individuals aged between 22 and 60 with a stable income and living in the Philippines. Moneycat’s address is Unit 1701 Tycoon bldg Pearl Drive st. Brgy San Antonio Ortigas Center, Davao City, Philippines. Pros include easy borrowing, simple loan process, fast approval, and instant disbursement to the borrower’s bank account, while the con is the high interest rates. Overall score: 8/10.

#7. Pesoredee – Davao Lending Corporation

Pesoredee is a lending corporation that utilizes financial technology to provide express online loans. Loans are available from 1,000 to 30,000 pesos, with payment terms of 3 to 6 months and an interest rate of 11.9% per month. New customers can borrow up to 7,000 pesos at 0% interest. Loan conditions apply to Filipino citizens aged between 22 and 70. Pesoredee’s address is Unit 204 Pacific Center Condominium, 33 San Miguel Ave, Brgy. San Antonio, Davao City, Philippines. Pros include automatic approval, quick disbursement, andextension of payment time, while the con is the high interest rates. Overall score: 9/10.

#8. Zaimoo – Fast Cash Loan Davao City

Zaimoo is a lending company in Davao City that offers various loan packages based on borrowers’ needs. Loan amounts range from 1,000 to 25,000 pesos, and for borrowers with a good payment history, the maximum loan limit can be increased to 40,000 pesos. Loan terms can last from 2 to 60 months, with interest rates ranging from 11.9% to 365% per annum. First-time borrowers can receive a maximum support of 15,000 pesos at a preferential interest rate of only 0.01% for 14 days. Zaimoo’s loan service is available to Filipino customers aged 18 and above. Zaimoo’s address is Armenia, Yerevan, Komitas Ave., Davao City, Philippines. Pros include quick loans with only a valid personal ID required, fast disbursement, and extended installment periods, while the con is the high interest rates. Overall score: 8/10.

#9. Kviku – Personal Loan Davao City

Kviku offers 100% online cash loans in Davao City with legal operations and high security. Loans range from 500 to 25,000 pesos, with loan terms from 60 to 180 days and an interest rate of 0.16% per day. To qualify for a loan, the borrower must be a Filipino citizen, between 20 and 55 years old, and possess a valid ID. Kviku’s address is 18A Trafalgar Plaza, 105 H.V. Dela Costa Street, Salcedo Village, Davao City, Philippines. Pros include automatic loan approval, fast disbursement, transparent loan information disclosure, and preferential interest rates, while the con is the short loan period. Overall score: 8/10.

#10. Unacash – Lending in Davao City

Unacash is an online lending platform in Davao City that offers loans without due diligence and face-to-face meetings. Loan limits range from 1,000 to 50,000 pesos, with installment terms from 2 to 6 months. Interest rates vary from 0% to 16% per month based on the customer’s credit score. The borrower must be a Filipino citizen and at least 18 years old. Unacash’s address is Units P107003R, P107007R, P107008R, Level 7 Cyberpark Tower 1, 60 Gen. Aguinaldo Ave, Davao City, Philippines. Pros include online loans available anytime and anywhere, no appraisal or direct fieldwork, and legal and secure lending, while the con is the high interest rates. Overall score: 9/10.

Davao A Credit Corporation Loan Requirements

When applying for a Davao City cash loan, borrowers must meet the following basic requirements:

• Reside and work in the Philippines.
• Be 18 years of age or older.
• Have a stable job with guaranteed income to ensure timely repayment.
• Possess a valid and genuine ID.

Recommendation for the Best Lending Company in Davao City

Based on the review, Finbro and Unacash are recommended as the best lending companies in Davao City. They offer loans with relatively high limits, reasonable interest rates, and simple loan procedures. Additionally, customers can consider reputable financial lending companies in Davao such as Binos Lending Corporation, Neocash Lending Davao, LYR Lending Corporation Davao, Davao Century Lending Corporation, 123 Lending Davao, PJH Lending Davao City, Car Financing Davao, Davao Lending Company Branches, Millennium Lending Davao City, and Prenda ATM Davao City.

Conclusion

This review provides valuable information about the top lending companies in Davao City that offer online loans without collateral. It covers various aspects such as loan terms, interest rates, pros and cons, eligibility criteria, and addresses of the lending companies. By considering these factors, borrowers can make informed decisions when choosing a lending company in Davao City to meet their financial needs.