Frequently Asked Questions
Lenderly has simple and easy application and registration methods!
- Apply online on the Lenderly portal through this link.
- Visit our office where our professional staff will be glad to assist you, located at 1570 Gedisco Center, A. Mabini St., Ermita, Manila.
- Please call us for help at 0917-870-0783 or email us atyourservice@lenderly.ph.
To qualify for our loans, you must pass the following criteria:
- All applicants must be 21 years of age at the time of application and no older than 65 years at the moment the loan expires.
- The minimum salary to be considered is ₱40,000 per month!
- Primary residency in Metro Manila, Batangas, Bulacan, Cavite, Laguna, and Rizal.
Please visit our specific page about OFW Loanand Seaman Loan for a more detailed list of requirements.
Our interest rates are calculated per month and based on the original loan amount approved.
For our OFWÂand Seaman Loans,the monthly interest rate is 4.5%
The loans we offer have a flexible tenure to meet your needs, depending on the loan amount and your credit rating, with a minimum of 6 months and a maximum of 12 months, with some exceptions that may take up to 18 months.
The amount that can be borrowed depends on your personal needs. Visit our home page and scroll down to our Online Loan Calculator. The calculator will indicate the tenure and the maximum loan amount. The minimum loan amount is ₱40,000 and the maximum is up to twice your monthly salary.
Here are the fees that we deduct from OFWand Seaman Loan:
- We charge a processing fee, calculated based on your loan amount:
- ₱50,000 below – ₱1,500 plus DST
- ₱50,001 – ₱100,000 – ₱2,000 plus DST
- ₱100,001 – 150,000 – ₱2,500 plus DST
- ₱150,000 above – ₱3,000 plus DST
- Documentary Stamp Tax (DST) which is ₱1.50 per ₱200 of loan amount.
We aim to offer the most flexible conditions for your loans. Therefore, you may opt to fully pay your loan (including the interest thereon) at any time before its maturity date.
The prepayment fee is ₱500.
We offer quick loans to OFWs and Seamen so once your loan has been approved and the contract has been signed in our Ermita office, we disburse the loan amount to the client’s chosen mode of disbursement within 24 hours.
We require all clients, whose loans have been approved, to open a checking account with our partner bank. After opening a checking account and issuing  Post-Dated Checks (PDCs)Âto Lenderly, you may deposit your monthly amortization via:
- Bank transfer
- Over-the-counter
- E-wallet
- Remittance
To check the status of your loan application, you may log-in to our online portal or send us a message on our social media pages.
We accept the following IDs:
- Passport
- National ID
- Driver’s License
- Professional Regulations Commission (PRC) ID
- Unified Multi-Purpose (UMID) ID
- Postal ID (plastic card)
- Voter’s ID
- Government Service Insurance System (GSIS) E-card
- Social Security System (SSS) Card
- Senior Citizen ID