What is Cash Aid Loan Online Lending?
Philippines is still a developing country and it is still considered as one of the fastest growing countries in the world. However, the growth of an economy does not usually result to an increase in the number of jobs. As a result, the level of poverty in the Philippines is still one of the highest in the world. This has led to a great number of Filipinos feeling the need to borrow money from a loan institution in order to sustain their families.
The importance of loans is a staggering level. The majority of Filipinos have a poor credit history or have a bad credit score, which makes it difficult for them to secure loans in the market.
Cash Aid Loan Online Lending is a platform that seeks to provide loans to Filipinos. It is a digital platform that will allow you to apply for small-to-medium sized loans and receive a loan as early as the next day. With Cash Aid Loan Online Lending, it can contribute to the needs of Filipinos specially to get out of financial bind quickly and painless.
WePeso loan, how does it work?
WePeso, a leading online loan platform, provides loans to Filipinos through an easy, fast and reliable process. WePeso provides loans to Filipinos from PHP 2,000 up to PHP 20,000. WePeso loans is convenient, easy, and can disbursed the loan money the next day. It's quick online application process, no collateral required, and easy repayment terms.
The online loan platform works by providing a seamless application to the applicant and faster audit check compared to traditional bank loans. WePeso also offers rapid disbursement.
Interest rate
The interest rates available with WePeso is 30% annually – which percentage is considered average as compared to other lending platforms that charges more than that.
Is WePeso legit?
Yes, WePeso is a legit app that can be downloaded, with a website that you can view in no time. WePeso is also perfect for those seeking loans for the first time.
How much is the WePeso loan?
WePeso allows you to get a loan between PHP 2,000 up to PHP 20,000. Making it perfect for debt consolidation, medical care, business capital, tuition payment, or other lifestyle needs you may need.
Is WePeso SEC registered?
Yes, WePeso is operating under Securities and Exchange Commission or SEC. WePeso has a Company Registration: No.2021080022523-00 and Certificate of Authority: No. L-21-0044-32.
WePeso benefits
WePeso helps people in the Philippines with loans for their everyday expenses, education, healthcare and more. WePeso is a loan platform that provides loans for income generating activities. The platform allows users to request and receive loans in their local currency which can be repaid after a monthly or bi-weekly basis.
Furthermore, the company provides small loans to Filipinos that are otherwise un-banked. They offer loans for car purchases, weddings, and for starting businesses. WePeso offers loans for a low interest rate of 3% a month and have flexible interest payment options. They also have a 24-hour customer service to help in any way possible.
WePeso loan, how to apply?
According to the website of WePeso, here’s how you can apply for their loan:
- Install WePeso and register with your own phone number.
- Fill out peso loan application form.
- Wait for cash loan approval.
- Claim your personal loan.
Requirements
Based on the website of WePeso, the following are the things required to get a loan from the company:
- Active number in use
- Valid government ID
- Must have a stable income
- Must be in age between 18-49 years’ old
WePeso loan, how to pay?
You can pay your loan amortization with WePeso through the following partner outlets:
- M Lhuillier: Visit M Lhuillier and fill the repay form.
- 7-Eleven: Go to 7-Eleven and repay via CLiQQ machine or CLiQQ app.
- GCash, Coins: Open app, click Pay Bills to access Loans option to repay.
- Bank: Deposit money to our corporate bank account given in the app.
- ECPAY: Go to ECPAY, fill out needed information in Bills Payment Form, reimburse your personal loans and receive a payment confirmation receipt.
What happens if you can't pay?
In case you can’t pay, certain consequences such as late payment fees and other hefty penalties will be charged on your account. There’s also a possibility that WePeso won’t allow you to get a loan from them again.
WePeso App
WePeso is a mobile app that provides loans to Filipinos. It is available on Google Play Store and it is easy to use. While some people would say that this is a subprime loan, there are other options that are available. WePeso is a personal loan that can be used for any purpose. It is not a payday loan or a loan that has your credit score at risk. WePeso offers loans up to a maximum of PHP 20,000. You can be approved for a loan in just a few minutes. The process is quick and simple.
App download
To download the app, simply go to Google Play Store and search for the company. You may also opt to download it through this link for APK.
WePeso, customer service
In case you have any concerns in regards to your loan, you can contact customer service of WePeso through the following contact information:
WePeso, complaints
WePeso is an app that helps Filipinos who are looking for loans. The app has been operational for a little over a year and has helped many Filipinos in the process of borrowing money. However, not all people approve of the app. Some of the complaints that the app has received include the slow approval process or about the harassment they get during repayment process.
WePeso, reviews
WePeso is a store that aims to provide an app that will make it easy for people to take out loans. The app is loved by many Filipinos because it makes it easy for the people to borrow money.
Have you used the WePeso loan? Share your experience here.