Lenderly Loans
Personal Loan
Personal Loans made simple.
Each individual is unique and hence has specific requirements. Our personal loans offered by Lenderly are customizable to the customer ’s satisfaction and offer a wide array of financing alternatives. Our personal loan is the safest and easiest option to finance your personal needs. Lenderly now offers tailor made loans based on the nature, scope and goal of your requirements. The personal loan can be for people working on a salary or for people that have their own business and are self employed.
Features of Personal Loan
Your Personal Loan is available for you from ₱ 20.000.= up to ₱ 100,000.=. Your completed loan application is usually approved within 24 hours after verification of required documents and employment status. The information you have provided remains private and confidential. Lenderly can provide tailor made solutions to your specific needs.
Loan Requirements
- Photocopy of 2 valid photo-bearing IDs (Passport, Driver's License, SSS, PRC, or other officially accepted ID’s by the authorities of the Republic of the Philippines.) with 3 specimen signatures
- Copy of your latest utility bill with residential address in the name of the applicant only and/or a copy of the PostPaid Mobile subscription in the name of the applicant only!
- Application fee ₱ 500.= per loan, which will be deducted from the first disbursement.
What does the loan cover?
Income Documents
- Original Certificate of Employment and Compensation
- Latest 1 month Pay slip
- Photocopy of latest ITR or BIR Form 2316
- Acceptable Collateral, one of these: [1. ORCR, 2. Land Title, 3. Home Title, 4. Post Dated Cheque, 5. Apartment Title]
Administration fees:
- For loan amounts between ₱20,000 to ₱50,000, the administration fee will be ₱1000.00
- For loan amounts between ₱51,000 to ₱75,000, the administration fee will be ₱1250.00
- For loan amounts above ₱76,000, the administration fee will be ₱1500.00.
The Personal Loan from Lenderly can be used at your discretion as indicated in the application.
- Your completed loan application is usually approved within 24 hours after verification of our required documents and income status.
- Loan range from ₱ 20,000.= up to ₱ 100,000.=
- Monthly interest rates from 3.0 % to 4.0%
- Tenure up to 12 months
- Disbursement via bank- or electronic transfer
- Payment of principal & interest via bank- or electronic transfer
- One PDC for principal and interest as collateral only
Eligibility Criteria
- Citizen of the Republic of the Philippines
- Must be 21 years old at the time of application and no older than 70 years upon maturation of the loan
- Proof of employment or regular income
- Applicable collateral
- All criteria will be reviewed by our experienced credit appraiser to properly evaluate your individual loan application.
