Valley Loan has emerged as a player in the Philippines, promising quick cash loans without the hassle of credit checks. At CashExpress PH, we embark on a comprehensive review of Valley Loan, delving into its legitimacy, potential for harassment, payment processes, pros, cons, and more. Whether you are seeking a reliable financial app or aiming to steer clear of potential scams, this detailed review is designed to equip you with the information needed to make an informed decision.
Top 10 Fast Online Loans in Philippines – A Valid ID is All You Need Updated in December 2024
| Rank | Lender Name & Application Link | Loan Amount | Loan Term | Interest Rate | Repayment | ID Required | Age Range | Special Feature |
|---|---|---|---|---|---|---|---|---|
| #1 |
SOSCREDIT |
₱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 |
₱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 |
₱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 |
₱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 |
Summary of Valley Loan
Review Highlights:
- Loan Amount: PHP 2,000 – PHP 20,000
- Age Eligibility: 21 – 65 years old
- Loan Term: 91 – 365 days
- Interest Rate: 0% interest rate for the first loan
- Pros: Online loan monthly payments in the Philippines
- Cons: No online loan guaranteed approval
- Effectiveness: Good
- Bad Credit: Not allowed
- Feedback: Explore more in this article
- Valley Loan App Download APK: https://vip.phvalleyloan.com/
What is Valley?
Valley is an internet service designed to facilitate quick cash loans in the Philippines. Operated by Flash Cash 101 Lending Corp, it prides itself on providing a straightforward application process, competitive interest rates, and flexible repayment terms. But how does it fare in the broader financial landscape?
Pros of Valley Loan App
Valley Loan App offers a range of benefits to its users, making it an attractive option for those seeking financial assistance:
– Easy and Quick Application Process
Navigating through the loan application process is seamless and user-friendly, ensuring borrowers can swiftly access the funds they need.
– Loan Amount and Term Flexibility
With loan amounts ranging from PHP 2,000 to PHP 20,000 and terms extending from 91 to 365 days, Valley Loan provides borrowers with flexibility tailored to their financial needs.
– Competitive Interest Rates
The app boasts competitive interest rates, making it an appealing choice for those who prioritize minimizing the cost of borrowing.
– Flexible Repayment Options
Valley Loan offers diverse repayment methods, allowing borrowers to choose a plan that aligns with their financial capabilities.
Cons of Valley Loan
While Valley Loan has its merits, it’s crucial to consider the potential drawbacks associated with this financial service:
– Higher Than Average Interest Rate
With an interest rate of 21.9% per year, Valley Loan carries a relatively higher financial cost compared to some other lending options.
– Late Payment Consequences and Harassment
Failure to repay the loan on time may result in high or above-average late fees. Moreover, there have been reports of Valley Loan engaging in persistent contact through calls, texts, and emails, which some borrowers find intrusive and unsettling.
Valley Bank Loan Interest Rate
Understanding the interest rates associated with Valley Bank loans is crucial for borrowers. Rates vary between 7.25% and 18.25% annually, with specific rates outlined for different loan types:
- Salary Loan: 7.25% to 12.25% per annum
- SME Loan: 9.25% to 15.25% per annum
- Agricultural Loan: 8.25% to 16.25% per annum
- Microfinance Loan: 10.25% to 18.25% per annum
Valley Loan App Requirements
For those considering applying for a 1st Valley Bank salary loan, certain eligibility criteria must be met:
– Citizenship:
Applicants must be citizens of the Philippines.
– Age:
The minimum age requirement is 18 years old.
– Valid ID:
Applicants need to possess a valid ID, such as a driver’s license, passport, or voter’s ID.
– Stable Source of Income:
A stable source of income is a prerequisite for loan approval.
– Bank Account:
Applicants must have a bank account.
– Good Credit Score:
Maintaining a good credit score is essential for loan eligibility.
Guide to Register Valley Loan Application Step-by-Step
Applying for a Valley Loan is a step-by-step process designed to be user-friendly:
Step #1: Download the Valley Loan App
Visit the Google Play Store on your Android device, search for “Valley Loan-Quick & Safe Cash,” click “Install” to download and install the app.
Step #2: Valley Loan Login or Register
Upon installation, open the app. Existing users can log in using their credentials, while new users need to follow the registration process to create an account.
Step #3: Complete the Loan Application
Navigate to the loan application section, fill in the required information, and submit the application for review.
Step #4: Loan Approval Process
Following the application submission, Valley will guide users through the approval process, involving credit checks, information verification, and final approval.
Step #5: Valley Loan Disbursement
Upon approval, the agreed-upon loan amount will be transferred to the specified account.
Reviews Valley Online Loan App Feedback
User feedback is a crucial aspect of evaluating the efficacy and user-friendliness of Valley Loan. The app currently holds a commendable 4.2-star rating on Google Play, indicating overall satisfaction among users. Positive aspects highlighted in reviews include the quick application processing and relatively low interest rates compared to traditional financial institutions.
One user shares, “My loan application was processed in a matter of minutes, and I received the funds the very same day.” However, it’s essential to note that not all experiences are uniformly positive.
Some users express dissatisfaction with customer service, citing difficulties in resolving account issues. One user notes, “The Debt has continued to contact me via email and text messages even after I repaid my debt.”
In conclusion, user experiences are diverse, emphasizing the importance of individual research and due diligence.
Valley Loan Repayments
Understanding the repayment options provided by Valley Loan is essential for borrowers. The app accommodates various payment methods:
– Website or Mobile App Payments
Payments can be made through the website or mobile app using debit cards, credit cards, or online banking services.
– Over-the-Counter Payments
Over-the-counter payments are accepted at 7-Eleven, M. Lhuillier, Gcash, or RD Pawnshop locations.
– Bank-to-Bank Transfers
Transferring money from one bank to another is also a viable repayment option.
Compare Valley Loan with Others
Comparing Valley Loan with other financial apps provides users with a broader perspective. Here’s a comparative analysis:
| Criteria | Valley Loan App | Tendopay | Wowpera Loan |
|---|---|---|---|
| Loan Amount | Up to ₱20,000 | Up to ₱125,000 | Up to ₱15,000 |
| Interest Rate | 21.9% per annum | 1.59% – 6.57% | About 0.8% per day |
| Loan Term | 3 – 12 months | 5 – 24 months | 2 – 6 months |
| Rating Review | 8/10 | 9/10 | 7/10 |
Valley Loan Customer Service
For users seeking assistance or information, Valley Loan provides several contact channels:
– Phone Number:
1-800-522-4100
– Email:
– Address:
2005 East Tower, Philippine Stock Exchange Center, Exchange Road, Ortigas Center, Pasig City, Metro Manila, Philippines
FAQs – Valley Loan
Is Valley Loan Legit?
Yes, Valley Loan is a legitimate lending entity in the Philippines. Clients can access personal loans through this online lender, known for its quick, flexible loans with reasonable interest rates. Registration numbers CS201915317 and CA Number 3083 1 from the Securities and Exchange Commission identify it as a registered entity.
Is Valley Loan SEC Registered?
Valley Loan is recognized by the Securities and Exchange Commission in the Philippines, with registration numbers CS201915317 and CA Number 3083 1 confirming its legitimacy. However, it’s crucial to note that the company has received complaints regarding harassing communication directed at Filipinos struggling to repay their loans.
In Conclusion – Should You Apply to Valley App?
As of 2024, Valley Loan elicits mixed reviews from users, with some praising its legitimate and helpful services while others report instances of harassment and payment issues. Before considering Valley Loan or any short-term lender, it is imperative to carefully review the app’s terms and conditions, thoroughly read user reviews, and critically assess your financial situation.
Final Thoughts
Financial decisions demand careful consideration, and choosing a lending platform like Valley Loan requires due diligence. While the app presents advantages such as quick processing and competitive interest rates, potential downsides like high-interest rates and reported harassment should not be overlooked. As a responsible borrower, it’s essential to weigh the pros and cons, compare options, and ensure that your choice aligns with your financial goals and values. Valley Loan, like any financial tool, can be a valuable resource when used wisely and responsibly.