Top 10 Online Loan Apps in the Philippines with High Credit Limits

Navigating the dynamic financial landscape of the Philippines, the quest for substantial funds has undergone a transformative shift with the emergence of online loan apps. In this review by CashExpress PH, we embark on a detailed exploration of the best loan apps in the Philippines. Our journey encompasses an in-depth analysis of their features, advantages, credit line details, application requirements, and culminates in a curated list of the premier lending apps available.

Don’t overlook:

Top 10 Fast Online Loans in Philippines – A Valid ID is All You Need Updated in June 2024 

Rank Lender Name & Application Link Loan Amount Loan Term Interest Rate Repayment ID Required Age Range Special Feature
#1

SOSCREDIT
Apply Now

₱1,000 – ₱25,000 3 – 12 months 0% for first loan Monthly or End of term Only ID Card required 20 – 70 Receive money in 15 mins
#2

CREDIFY
Apply Now

₱1,000 – ₱25,000 3 – 12 months 0% for first loan Monthly or End of term Only National ID required 20 – 70 Receive money in 15 mins
#3

CREZU
Apply Now

₱1,000 – ₱25,000 2 – 4 months 0% for first loan Monthly or End of term Only ID Card required 18 – 70 Easy loan approval
#4

FINBRO
Apply Now

₱1,000 – ₱50,000 1 – 12 months 0% for first loan Monthly or End of term Only ID Card required 20 – 65 Receive money in 10 mins
#5 CREDITIFY
Apply Now
₱1,000 – ₱25,000 1 – 180 days 0.1% Monthly or End of term Only ID Card required All accepted Approve Bad credit
#6 CASHSPACE
Apply Now
₱1,000 – ₱25,000 2 – 4 months 0% for first loan Monthly or End of term Only ID Card required 18 – 70 Easy loan approval
#7 DIGIDO
Apply Now
₱1,000 – ₱25,000 3 – 6 months 0% for 7 days Monthly or End of term Only ID Card required 21 – 70 Receive money in 4 mins
#8 KVIKU
Apply Now
₱500 – ₱25,000 60 – 180 days 1.2% per month Monthly or End of term Only ID Card required 18 – 65 Receive money in 5 mins
#9 CASHEXPRESS
Apply Now
₱1,000 – ₱20,000 7 – 30 days 0% for first loan End of term Only ID Card required 21 – 70 Receive money in 5 mins
#10 MONEYCAT
Apply Now
₱500 – ₱20,000 7 – 180 days 0% for first loan End of term Only ID Card required 22 – 65 Easy loan approval

Understanding Loan Apps with High Amounts

A loan app with a high amount represents a mobile application that empowers Filipinos to secure significant loans seamlessly. This innovative approach revolutionizes the borrowing process, offering a convenient alternative to traditional lenders. With just a few taps on a smartphone, individuals gain access to substantial financial support, marking a paradigm shift in financial accessibility.

Advantages of Loan Apps with High Amounts in the Philippines

  • Speedy Access to Funds: Quick approval processes ensure that borrowers receive the funds they need promptly.
  • Flexible Repayment Options: Borrowers enjoy the flexibility to choose repayment terms that align with their financial capabilities, fostering a borrower-friendly experience.
  • Unmatched Convenience: The entire loan application process is conducted online, eliminating the need for physical visits to brick-and-mortar banks, saving time and effort.
  • Generous Loan Limits: These apps offer substantial loan limits, accommodating a myriad of financial needs, from small emergencies to more significant financial requirements.
  • Transparent Fee Structures: Many of these apps provide clear fee structures, allowing borrowers to understand the cost of borrowing upfront, contributing to financial transparency.

Credit Line Details of Loan Apps with High Amounts

The credit line of these loan apps varies based on the lending institution’s policies, the borrower’s creditworthiness, and their individual financial profile. These apps typically offer credit lines ranging from a few thousand pesos to significantly higher amounts, ensuring they cater to a diverse set of financial requirements.

Requirements for Applying to Loan Apps with High Amounts

To apply for a high-amount personal loan app, borrowers commonly need to fulfill specific requirements, ensuring a secure and responsible lending process. These prerequisites include being a Filipino citizen or legal resident, reaching the legal age of 18 years and above, having a stable source of income or employment, possessing a valid government-issued ID, and providing relevant financial documentation as requested by the lender.

Selection Criteria for Top Loan Apps

Our meticulous selection process for identifying the top loan apps with high amounts in the Philippines involved several key criteria:

  • In-Depth Research: A comprehensive exploration of the market to identify reputable loan apps with a proven track record.
  • User Reviews and Ratings: Gauging customer satisfaction through authentic user feedback to ensure a positive borrowing experience.
  • Interest Rates and Terms: Analyzing interest rates, repayment terms, and associated fees to evaluate the affordability of the loan products.
  • Customer Support: Assessing the quality of customer support services offered by the apps to enhance the overall borrower experience.
  • Ease of Application: Reviewing the application process to ensure it is user-friendly and accessible to a wide range of users.

Top 5 Loan Apps with High Amounts in the Philippines (2024)

Here is an overview of the top 5 loan apps with high amounts in the Philippines, each accompanied by its respective loan amounts:

  • Credify: Loan Amounts: 1000 – 25000 PHP
  • Cashspace: Loan Amounts: 1000 – 20000 PHP
  • Digido: Loan Amounts: 1000 – 30000 PHP
  • Moneycat: Loan Amounts: 500 – 20000 PHP
  • Crezu: Loan Amounts: 1000 – 35000 PHP
 
Online Loan
Interests
Loan Amount
Loan Term
Borrower Age
SEC License
APR 143%
₱1,000 - ₱25,000
from 3 to 6 months
21 -  70 years
SEC Registration No. 202003056. Certificate of Authority No. 1272
APR 145%
₱500 - ₱20,000
from 3 to 6 months
22+ years
Certificate of Authority To Operate Number: 1254
from 0%
₱1,000 - ₱20,000
from 10 days
22 - 70 years
Registration № CS201726430, CA №1181
0.16% per day
₱500 - ₱25,000
from 2 to 6 months
20 - 55 years
SEC Registration No. CS201918702. Certificate of Authority No. 3169, NPC Registration No. PIC-001-791-2021
APR 84%
₱5,000 - ₱50,000
from 6 to 24 months
18+ years
APR 365%
₱1,000 - ₱20,000
7 or 14 days
18+ years
Company Registration No. CS201951088 and Certificate of Authority No. 2918
₱5,000 - ₱25,000
from 6 to 12 months
18 - 68 years
Reg No. CS201602333
APR 143%
₱1,000 - ₱20,000
22 - 70 years
Registration № CS201804564
APR from 0% to 427%
₱500 - ₱25,000
from 3 to 12 months
18+ years
Latvian business number 43603085405
APR from 4% to 916%
₱1,000 - ₱25,000
from 3 to 12 months
18+ years
from 0%
₱1,000 - ₱50,000
up to 12 months
20 - 65 years
SEC Registration No. CS201908275 SEC Certificate of Authority No. 2990
APR from 30% to 365%
₱500 - ₱25,000
from 91 days to 2 years
18+ years
from 0%
₱1,000 - ₱25,000
18 - 70 years
registration number: 14523902
from 0%
₱1,000 - ₱25,000
18+ years
registration number: 14523902
APR from 4% to 916%
₱1,000 - ₱25,000
from 30 days
18+ years
1.3% per day
₱1,000 - ₱30,000
from 30 days
20 - 65 years
CS20200000915
APR from 0% to 427%
₱500 - ₱25,000
from 3 to 12 months
18+ years
43603085405
APR 180%
₱1,000 - ₱25,000
from 3 to 12 months
20+ years
APR up to 180%
₱1,000 - ₱25,000
from 3 to 12 months
20+ years

#1. Credify

  • Pros: Swift application process, competitive interest rates, tailored loan solutions catering to individual needs.
  • Cons: Loan approval contingent on credit history, potential for higher interest rates for certain borrowers, and a limited range of loan choices for first-time users.

#2. Cashspace

  • Pros: Effectively assisted over 312K customers, no need for proof of income, secured user information.
  • Cons: The maximum loan amount is lower compared to other lending apps, higher interest rates, and a processing time that may extend for approval.

#3. Digido

  • Pros: High loan amounts, fast and convenient registration process, 24/7 support including weekends, and strict confidentiality of user information.
  • Cons: High-interest rates, short payment terms, and the potential for spam messages or calls.

#4. Moneycat

  • Pros: Simple and fast approval process, no need to provide collateral, and 24/7 customer support including weekends.
  • Cons: Not an ideal choice for users considering a long-term loan, additional fees, late payment fees, and other charges may bring financial pressure to users.

#5. Crezu

  • Pros: High credit limit, no proof of income required, an extremely fast application process, and zero interest for the first loan.
  • Cons: Not an excellent option for large loan amounts, short payment terms, higher interest rates for unsecured loans, and potential delays in customer support.

Conclusion

For those actively seeking the best loan apps with high amounts in the Philippines, our recommendations gravitate towards Credify and Cashspace. Credify’s offering of user-friendliness, competitive rates, substantial loan amounts, transparent fees, and flexible terms positions it as a top choice. Cashspace, on the other hand, stands out for providing 24/7 access to funds, quick approvals, and a transparent lending process, making it an ideal solution for urgent financial needs.

If you find these apps helpful, consider leaving a 5-star review and sharing your experience in the comments section for further support on our site. Your feedback contributes to the ongoing improvement of the lending ecosystem, ensuring a seamless and reliable financial experience for all users.

5/5 - (6 votes)

Leave a Reply

Your email address will not be published. Required fields are marked *