Digido Review – Loans Online, Fast and Reliable Philippines


In the dynamic world of finance, quick and reliable access to funds is crucial for individuals and businesses alike. Digido, an emerging player in the financial sector, presents an innovative online loan service that caters to the diverse needs of Filipinos. This review delves into the various aspects of Digido, from its loan offerings, requirements, advantages, application process, to the positives and negatives associated with its services.

Extensive Loan Options

Digido prides itself on being a versatile lending platform, offering loans ranging from PHP 1,000 to 10,000 for first-time borrowers, with an enticing 0% interest rate for the first 7 days. For subsequent loans, the maximum amount can go up to PHP 25,000, extendable for up to 180 days.

Borrowers can opt for flexible repayment terms of 3, 4, 5, or 6 months. The interest rates are set at 11.9% per month, with the maximum Annual Percentage Rate (APR) capped at 143%.

Simple Loan Requirements

To access the Digido online loan service, applicants must fulfill straightforward eligibility criteria. They must be Filipino citizens between the ages of 21 and 70, possess a government-issued identity card, and have a working mobile connection. Additionally, providing relevant documents, such as payslips, Certificate of Employment (COE), Income Tax Return (ITR), company ID, and Department of Trade and Industry (DTI) registration, increases the likelihood of loan approval.

Advantages of Digido Loans

Digido offers a plethora of advantages that set it apart from traditional lending institutions. One of its key selling points is the absence of hidden charges, upfront fees, or commissions, ensuring complete transparency in its operations. The platform operates 24/7, even on holidays and weekends, facilitating seamless access to loans anytime, anywhere. Furthermore, Digido boasts an easy and swift loan application process with instantaneous decisions.

Digido caters to the preferences of diverse users by providing multiple modes of application, including via their website, mobile app, and physical branches, making it convenient for all types of borrowers. The platform takes pride in its impressive loan approval rate of over 90%, instilling confidence in applicants.

Flexibility is another hallmark of Digido loans, as they can be availed for any purpose, whether for personal expenses, emergencies, or business ventures. To aid borrowers in making informed decisions, Digido offers an online loan calculator that assists in selecting the optimal loan amount and repayment duration.

Unlike traditional lenders, Digido eliminates the need for collateral and guarantors, streamlining the loan process and reducing barriers to access funds. The platform further rewards loyal customers by offering improved loan terms for repeat buyers.

Digido goes the extra mile by accommodating borrowers without bank accounts, expanding its reach to a broader audience. Additionally, the platform provides multiple repayment options, such as bank transfers, remittance centers, 7-Eleven outlets, offline branches, and Dragonpay, ensuring utmost convenience for borrowers.

Seamless Application Process

Applying for a loan with Digido is a hassle-free experience, comprised of four simple steps. Firstly, prospective borrowers create an account on the platform. Next, they provide their personal information, followed by employment details. Finally, upon successful verification, borrowers can access their funds quickly.

Representative Example

To better understand the cost of borrowing, a representative example is offered. Suppose a borrower applies for PHP 20,000 with a repayment period of 6 months. In this case, the monthly installment would amount to PHP 5,000, with a total cost of PHP 2,383 per month, resulting in an APR of 143%.

The Positives and Negatives

While Digido’s online loan service boasts numerous benefits, it is essential to acknowledge both the positives and negatives.


  • Digido’s fully online and automated system ensures swift processing and accessibility, 24/7.
  • The 0% interest rate for the first loan, if repaid on time, provides an attractive incentive to first-time borrowers.
  • Data security measures ensure that borrowers’ personal information remains safeguarded throughout the loan process.
  • The absence of collateral and guarantor requirements simplifies the borrowing process.
  • Transparent terms and conditions foster trust between the platform and borrowers, promoting fair lending practices.
  • Digido takes pride in its commitment to transparency, leaving no room for hidden fees or charges.


  • The interest rates for subsequent loans may be relatively high, warranting careful consideration by borrowers.
  • Late repayments may incur substantial penalties, emphasizing the importance of meeting payment deadlines.


Digido emerges as a promising player in the online lending domain, catering to Filipinos’ immediate financial needs with a wide range of loan options. With a user-friendly platform, transparent terms, and a commitment to customer satisfaction, Digido provides a reliable financial solution for diverse borrowers.

While the interest rates for repeat loans may present a challenge, the platform’s numerous advantages, including the absence of hidden fees and collateral requirements, outweigh these concerns.

As Digido continues to refine its offerings, it stands poised to make a significant impact on the financial landscape, empowering individuals and businesses alike.

5/5 - (9 votes)
cashexpress Changed status to publish August 1, 2023