What is JuanHand?
JuanHand is operated by WeFund Lending corp. who were inspired by the lack of financial support for their fellow countrymen. They wanted to create a platform that would help people in need get access to funds quickly, so they founded JuanHand.
JuanHand is an online platform that provides loans to underbanked individuals who need help with their business ideas or starting their own businesses. It also helps them find investors and partners in the process.
As fintech platforms grow and become more popular, people will be able to access these services from anywhere with the help of mobile apps.
JuanHand loans is one of the most popular fintech platforms that offers a variety of financial services for customers who need quick cash. It is known for its quick decision-making process and transparent lending rates.
How does JuanHand work?
This fintech platform available in the country provides instant lending and other financial service you can personalize regardless of your credit history. JuanHand has a high loan amount of PHP 50,000 you can borrow. You can also receive the money as fast as 5 minutes after just pertaining real time verification with their app. JuanHand also has a simple process that you can accomplish even just with your android phone.
How can I apply for a loan with JuanHand?
Download their app available on Google Play Store. After that, sign up using a viable contact number and complete your profile with the required personal information such as your full name, address, birthday, and emergency contacts. This information will be used for verification purposes and repaying the loan.
Once you are signed up, just click apply and choose the loan term and amount you prefer. Wait for the JuanHand approval. As soon as it’s approved, you can get your money through bank account, GCash, or Coins.ph account.
The requirements you need in order to apply for a loan in JuanHand are the following:
- Must be aged 20-60 years
- Must be a Filipino citizen
- Have a stable income
- Have 1 government-issued ID
How much does JuanHand loans?
The interest rate of JuanHand loans is relatively low compared to other lending apps. In fact, the annual rate based on the company’s profile is 20%. There are also loan processing fees and service charges.
For example, you entered a 91-day loan in JuanHand with an interest rate of 12% while the principal amount is PHP 10,000. The total payment you have to repay is PHP 10,299.17. The computation are as follows:
- 10,000 x 12% divided by 365 x 91 + 10,000
How much is the first loan in JuanHand?
You can get a minimum loan amount of PHP 2,000 for your first time borrowing in JuanHand. While, the maximum amount you can get is PHP 15,000. In terms of repayment conditions, you have to pay it within 14 to 90 days and the rate can vary up to 0.5% per day.
How to pay?
The online channels available for JuanHand app are GCash and Coins.ph – both of which are reliable to repay your JuanHand loans. You can also use online banks or over-the-counter transactions through the following institutions:
- Metrobank
- BPI
- Unionbank
- Paymaya
- AUB
- Bangko Mabuhay
- China Bank Corporation
- China Bank Savings
- DCPay
- EastWest Bank
- Malayan Bank
- Maybank
- PNB
- PSBank
- RCBC
- SCB
- UCPB
Tip: It’s better if you use your GCash app to pay for the loans since it’s very easy and efficient. You just need your repayment code from your personal account and 1 Valid ID.
You must pay your JuanHand loans on-time to avoid other additional costs. Your due balance is constantly reminded by the app so you don’t have to worry about forgetting to pay. Anyhow, if you encountered problems repaying the loan, you can always contact their customer service.
What can happen with a JuanHand unpaid loan?
If you happen to not repay the loan, a lot of incurring additional costs will be added on your account – especially contingency fee. Also, if you happen to apply another loan, JuanHand won’t prioritize you or they will deny your application because of the bad credit history.
Is JuanHand legit?
Yes, JuanHand is legit because the company is operating legally under SEC or Securities and Exchange Commission. The company is also registered and certified. Even the mobile application of JuanHand is marked as a legal compliant.
JuanHand app
You can download JuanHand app in Google Play Store. Or if you prefer to get the apk, you can click this link https://apkcombo.com/juanhand-fast-online-cash-loan-app/com.juanhand.fast.cash.peso.loan.app/ .
JuanHand Customer Service
If there are problems about your loan, repaying, or your loan status not appearing on the app, don’t hesitate to contact JuanHand through the customer service information below:
Email:
Contact Numbers:
- 0998-3740-824
You can also visit them in their office at WeFund Lending Corp，16th floor, The Trade and Financial Tower, corner 7th Ave, Taguig, 1630 Metro Manila, Philippines. Their office hours are 9AM to 8PM from Monday to Saturday.
JuanHand complaints
There are current issues JuanHand is facing today. This includes the violation of data privacy of the company including other local lending apps. Many borrowers have complained that some of their information are used as a weapon for harassment.
JuanHand reviews
The JuanHand app 4.3 stars on Google Playstore, 2.7 stars on Facebook, 3.7 stars on Apple, and 4.2 rating on All The Best Loans. Many says that the customer service representative on their office were so kind and they know their responsibility when it comes to your loans.
Aside from that, the app is also very easy to use, you get a fast approval on your loan, and the late repayment fees are bearable.