Pera Agad Loan App Review: Is Legit?

What is U-Peso.ph Lending Corporation?

U-PESO.PH Lending Corporation, behind the brand “Pera Agad” is an online lending platform that offers a convenient way of borrowing money in just a snap.

Pera Agad has proven its legitimacy, reliability, and convenience through the different stories of Filipinos borrowing money for a good purpose. It has been the helping hand of the people since its founding date in 2018. The company provides quick and easy loan procedures, anytime anywhere. And Pera Agad operates even on weekends and holidays to cater to your different financial needs.

Pera Agad loan, how does it work?

Pera Agad is a digitized money lending platform that allows people to borrow starting from PHP 1,000 up to PHP 12,000 depending on their financial standing. It is the company that offers the quickest and most hassle-free borrowing online.

Interested Filipino borrowers can access Pera Agad through their official Facebook page through this link or download the application on Google Play Store, just visit their website at https://upeso.ph/ and find the app. As their website says, get your money without limit and with just a click on your mobile phone.

Interest rate

And of course, when you borrow, there are corresponding interest rates. Pera Agad has an interest rate ranging from 4% to 6% depending on your desired terms. That interest is applicable every month until you finish your payment.

Is Pera Agad legit?

Based on the website and customer reviews, Pera Agad is a legit and trusted online lending platform by Filipinos for Filipinos. The online lending platform aims to help people with financial needs, whether it is for your child’s tuition or just to fill their everyday needs. It works through the use of cell phones and the internet.

Also, Pera Agad operates under U-Peso.ph Lending Corporation, which is a government-registered online lending platform under the Securities and Exchange Commission, the designated governing body of the Republic of the Philippines to give businesses a license to operate in the country.

How much is the Pera Agad loan?

Pera Agad is an online lending platform that allows Filipinos to borrow a minimum amount of PHP 1,000 up to a maximum amount of PHP 12,000 with corresponding interest rates of 4-6% monthly or 0.02% daily. You can also choose how long you are going to pay for the money you borrowed.

As a beginner, expect that you can only lend a smaller amount compared to its maximum, this is a way to build your credit score. Frequent borrowers who already established their credit score can now borrow a larger amount.

Is Pera Agad SEC-registered?

Pera Agad is licensed under its mother company, U-Peso.ph Lending Corporation, an SEC-certified online lending platform.

Pera Agad is accredited under Registration number CS201814908, Certificate of Authority No. 2718, and was established on July 25, 2018. To date, the company is operating for almost 5 years now. This is a good sign of legitimacy and stability. You can see for yourself the name of Pera Lending on the SEC website through this link and prove its legitimacy.

Pera Agad app benefits

Pera Agad has been generous to its loyal customers because they only offer the best of the best when it comes to its customer benefits, for example:

• Pera Agad offers a higher credit limit versus other companies.

• Unlike physical lending platforms, Pera Agad operates also on weekends. So, it is there any time you need it.

• Gives off lower interest rates amidst its high credit limit.

• Pera Agad also gives repeat customers discounts the next time they borrow and increase the loanable amount.

Pera Agad loan, how to apply?

In just as simple as these 2-easy steps, you can fully accomplish an application in Pera Agad. But before proceeding, make sure you already downloaded the application and prepare your requirements for easy access.

1. Fill up the necessary information asked by the company, then click Submit.
2. Wait for your loan approval, which usually takes around 1-2 banking days.

Requirements

Here are the requirements needed to proceed with your Pera Agad application:

• Download the Pera Agad app in Google Play Store or through this link .

• Must be 21 to 55 years old, a Filipino citizen

• Government-issued valid ID (Driver’s license, National ID, etc.)

• Working or has a stable source of income

Pera Agad loan, how to pay?

After successfully borrowing from Pera Agad, you can meet your obligations by paying through these accredited payment channels:

• Dragonpay/Bayad Center

• SM Department Stores

• Robinsons Department Stores

• Cebuana Lhuillier

• LBC, and

• 7-Eleven

What happens if you can't pay?

Aside from having a bad credit score if you fail to pay your loan, you will be charged a penalty equivalent to 3.5% of your outstanding balance daily. So, make sure when you borrow that you also have the means to return the money to avoid surcharges.

Pera Agad App

Pera Agad app is available in Google Play Store, you can download it for free through this link or just simply visit the Google play store on your mobile phone.

App download

Download it for free on their website at https://upeso.ph/ or visit the Google play store and search for “Upeso.ph Lending Corp.”

Pera Agad, customer service

If you happen to have any inquiries or clarifications, you may reach out to Pera Agad via email, telephone, and their official Facebook page to get an answer.

Hotline

• Email: cs@upeso.ph
• Phone: +63 966 552 3391
• Facebook: Click here

According to Pera Lending management, responding may take a while since they receive many inquiries daily.

Pera Lending, complaints

Some of the minor complaints received by Pera Lending management through its customer are the following:

• False advertisement of the easy lending process

• There is a delay in receiving the money even if there is already a claiming confirmation

• They did not receive the money but there is a running loan payable on their account

• The management is unresponsive to the inquiries

• Payment for the loan is not reflected on time, which may cause a penalty

Pera Lending, reviews

Filipinos find Pera Lending a helpful lending platform that offers convenience in borrowing in times of need. The company is accessible at anytime, anywhere, as well as its payment channels. Overall, it is a good lending platform you can count on.