Binixo Loans Review: Is It Legit, SEC Registered, and What Are the Requirements?

In the ever-evolving financial landscape of the Philippines, the need for accessible financial solutions has given rise to online lending platforms such as Binixo Loans. CashExpress PH delve into the legitimacy of Binixo Loans, its registration status with the Securities and Exchange Commission (SEC), and the specific requirements for loan applicants. We will also explore the integration of Binixo Loans with GCash, analyze its pros and cons, and compare it to other lending apps in the market.

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Summary of Binixo Loans

✅ Review ⭐ Binixo Loans
✅ Loan Amount ⭐ Up to ₱25,000
✅ Age Requirement ⭐ Minimum of 18 years
✅ Loan Term ⭐ Ranges from 3 to 12 months
✅ Interest Rate ⭐ Varies from 4% to 916% per annum
✅ Requirements ⭐ A valid Government ID
✅ Pros ⭐ Competitive interest rates
✅ Cons ⭐ Potential delays in the loan application process
✅ Effectiveness ⭐ Generally satisfactory
✅ Harassment ⭐ Borrowers may receive emails or calls 24/7
✅ Complaints ⭐ Limited complaints reported
✅ Legitimacy ⭐ Confirmed as legitimate
✅ Phone Number ⭐ +36202114538
✅ Registration Number ⭐ Not available
✅ Binixo Loans App Download APK

What is Binixo PH?

Binixo PH is an online lending platform that caters to the financial needs of Filipinos. It stands out for its aim to simplify the loan application process, offering a hassle-free way for borrowers to access quick financial assistance.

Pros of Binixo Loans App

Binixo Loans has several advantages:

  • Convenience: The platform offers a user-friendly and straightforward loan application process.
  • Quick Approval: Borrowers can expect approval within minutes, ensuring swift access to funds.
  • Flexible Repayment Options: Binixo PH provides various repayment terms to align with borrowers’ financial capabilities.
  • No Collateral: In contrast to traditional loans, Binixo PH loans do not require collateral.

Cons of Binixo PH

While Binixo Loans offers many benefits, there are some drawbacks to consider:

  • Interest Rates: The interest rates associated with Binixo PH loans can be relatively high, which could make them expensive for long-term use.
  • Limited Loan Amount: The maximum loan amount available through Binixo PH may not meet the needs of some borrowers.
  • Potential Debt Cycle: Quick and easy access to loans can lead to a cycle of debt if not managed responsibly.

Binixo Loans App Interest Rate

Binixo Loans App offers a wide range of interest rates, spanning from a minimum of 4% to a substantial 916% per annum. The specific interest rate assigned to borrowers depends on factors such as the loan amount, term, and individual creditworthiness. Typically, lower rates are available to those with strong credit profiles and more favorable loan terms, while higher rates may apply to riskier or shorter-term loans.

Example of Binixo Loans Calculator

To illustrate the calculation for Binixo loans, consider the following example:

  • Loan Size: ₱1,000
  • Duration: 3 months
  • Interest: 48% per annum
  • Calculation: ((48/12 * 3) / 100 * 1,000) + 1,000 = ₱1,120
  • Total Amount of Payment: ₱1,120

Binixo Requirements

To be eligible for Binixo loans, borrowers need to meet specific requirements, including:

  • Age: Applicants must be of legal age, usually 18 years old and above.
  • Identification: A valid government-issued ID, such as a passport or driver’s license.
  • Income Proof: Proof of income or employment.
  • Contact Information: A valid mobile phone number and email address.

How to Loan in Binixo Loans App

To apply for a loan with Binixo Loans, follow these steps:

Step 1: Confirm Eligibility and Account Creation

  • Ensure you meet the eligibility criteria, including age, identification, proof of income, and contact details.
  • Download and install the Binixo Loans App on your smartphone.
  • Create an account by providing the required personal information.

Step 2: Log In and Loan Selection

  • Log in to the Binixo Loans App using your newly created account.
  • Browse through the loan options available within the app.
  • Select the loan amount and repayment terms that align with your financial requirements.

Step 3: Review Loan Terms

  • Carefully review the loan terms, including the interest rate and any associated fees.
  • Ensure that the selected terms are suitable for your financial situation.
  • Make any necessary adjustments to the loan details.

Step 4: Binixo Loan Disbursement

  • Follow the on-screen instructions to complete the loan application process.
  • Provide any requested documentation or additional information as required by the app.
  • Submit your loan application.
  • Await a quick approval decision, often received within minutes.

Binixo Loans Review and Feedback

Customer feedback is a valuable source of insights into the effectiveness of Binixo Loans. While there have been some feedback and reviews, customers are encouraged to explore more detailed feedback through video reviews.

Binixo Transfer to GCash

Binixo Loans App emphasizes its seamless integration with GCash e-wallet accounts, allowing customers to receive disbursements directly into their GCash wallets. Furthermore, customers can conveniently make their loan payments online using the GCash app.

Compare Binixo Loans App to Other Apps

For a comprehensive view of Binixo Loans in comparison to other lending apps in the market, consider the following criteria:

Loan App Binixo Loans App Finami Cashspace
Loan Limit ₱1,000 – ₱25,000 ₱1,000 – ₱25,000 ₱1,000 – ₱25,000
Duration 3 – 12 months Up to 12 months 2 – 4 months
Interest Rate 4 – 916% per year 0% for first payment 1% – 3% per month

Binixo Contact Number

For any inquiries or assistance, here is the contact information for Binixo Loans:

  • Phone Number: +36202114538
  • Email:
  • Address: 1116 Budapest, Fehérvári út 126-128

FAQs – Binixo Loans App

Is Binixo Loan Legit?

Binixo Loans is a legitimate online lending platform in the Philippines, providing financial services to borrowers and offering quick and accessible loans. However, it’s essential for borrowers to carefully review the terms and conditions, including interest rates, before applying for a loan.

Is Binixo Loans SEC Registered?

Binixo Loans was one of the 19 online lending apps that were closed down by the Securities and Exchange Commission (SEC) on September 16, 2019. To ascertain its current registration status, it is recommended to visit the official SEC website or contact Binixo Loans directly for the most up-to-date information.


Binixo PH provides a convenient lending platform for Filipinos in need of quick financial assistance. The platform offers a user-friendly interface, quick approval processes, and flexible repayment options. However, borrowers are strongly advised to exercise caution and carefully review loan terms and interest rates. To ensure a favorable lending experience, consulting the official SEC website or contacting the company directly is essential. Responsible borrowing is paramount for a positive outcome when using Binixo Loans, and prospective borrowers should be diligent in their financial decisions.

5/5 - (5 votes)

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