Pondo Loan Philippines

Interest Rate

15% per year

Loan Amount

up to PHP 80.000

72%
TOTAL SCORE
SUMMARY

Pondo Loan Philippines - get a loan anytime and anywhere. Solve your financial issues with the loan app, but remember, that it is only timely. You will need to repay loan before the due date.

INFO
  • Loan amount PHP 3.600 - PHP 80.000
  • Loan term 180 - 365 days
  • APR 15%
  • Transaction fee 0%
  • Age 18+ years
  • Citizenship Philippines
  • Documents 1 major ID
  • SEC Registration CS201951228
  • Sertificate of Authority NO.2919
POSITIVES
  • All process is online, so you have no need to go somewhere
  • With the Pondo Loan app you can apply for a loan 24/7
  • Minimal requirements, so you can quickly apply the money
  • Company is registed in SEC Philippines
NEGATIVES
  • Low trust, not so popular as the top one
  • No information about penalties, fees, if borrower will not repay in time
  • Couldn´t find the website and low presence in the social networks

A digitally granted loan known as a Pondo Loan is issued for urgent necessities. It stands out for its remarkable efficiency in processing and considering applications, quick interest issues, high approval rates, a term and, often, a set amount, and better outcomes than banks, such as higher interest rates. You can get money on your bank card with a Pondo Loan. You don’t need to travel anyplace or stand in line to accomplish this; all you need to do is apply to the Pondo Loan app. This organization provides excellent financing options in addition to a simple approach to entering the world of finance.

Pondo Loan Philippines
Pondo Loan Philippines

Pondo Loan in the Philippines

A lending platform is called Pondo Loan. It is advertised as a mobile app. The application offers a simple-to-use unsecured online lending service to assist customers in resolving their financial issues. You may begin the loan application process by downloading the app for free. Moreover, the Philippines-based Pondo Loan is lawful. The SEC has recognized and given Pondo Loan Philippines the needed license for this use.

  • You can get a loan around the clock — at any time, regardless of location, without leaving your home or office, even while on a trip. Pondo has transparent lending conditions, with no hidden fees, additional fees, or imposed paid services.
  • It is worth noting that even borrowers with bad credit history can borrow money. Each appeal is considered individually, but a damaged credit score does not necessarily become an obstacle to obtaining cash loans. And over time, it will improve if you take loans online and repay them on time.

How to Apply for a Pondo Loan

Applying for a loan in the application is very simple. To do this, follow a few simple steps:

  1. Fill out the form in the mobile application, indicating your personal data — first name, last name, date of birth, region of residence, phone number, and email address. If you have already borrowed money from Pondo, create a new account through your application;
  2. After that, you need to fill out an online application for a loan;
  3. The next step is choosing the term and amount of the loan;
  4. In the end, it is worth waiting for a call from a specialist and deciding on a loan.

After the application is approved, sign the contract electronically using the code that will also be sent via SMS. Money is credited within a few minutes or hours — depending on which transfer option you have chosen. As a rule, issuance is carried out on the day of application. Consequently, everyone can get a cash loan in any convenient way (bank transfer, electronic wallet, etc.). 

How to Repay Pondo Loan Philippines

To repay the debt, it is crucial to visit M.Lhuillier, RD Pawnshop, or 7.11. The customer must click Pay bills or type Skypay in the company’s name. The user must next provide the contract number and any other necessary data. The only digit in the contract number is SKYF2. It is not permitted to pay into any personal accounts. After all, paying, getting a confirmation number, and getting a receipt is simple.

When using the GCASH app to make a payment, you should first choose Pay bills-credits-SKYPAY before continuing. If you have questions or doubts, you do not understand any statements from the agreement, the procedure for repaying a loan, or calculating a regular payment, contact the specialists who will promptly help you understand all the details and nuances of obtaining loans.

Pondo Loan Terms & Requirements, Interest Rates, Fees

Pondo is distinguished by a loyal attitude towards its customers and trust in current and potential borrowers. To take a loan online, you do not need to prepare a package of documents and spend time waiting for a decision on the application. There is only a minimum list of requirements that a borrower must meet. Any Filipino can borrow money from this financial platform on credit.

It is essential to keep in mind that each user must adhere to the following requirements: 

  • Philippine’s nationality;
  • the age range of 18 to 50;
  • The customer needs to be employed or have another reliable source of money;
  • You must present one legitimate ID;
  • The customer has to have a working cellphone number.

The interest rates for Pondo Loan Online are pretty cheap in the Philippines. The business’s yearly rate is no more than 15%. The client will appreciate its handy since there are no processing or transaction costs.

Pondo Loan App

Pondo invites users who want to borrow money to download the application. It can be found on the Internet for Android smartphones and Apple devices. To download the application, you need to see it in the search and start the download process. After installing the program on your phone, you should open it and register your account there. Finally, you can apply for a loan. The interface of the application is clear and suitable even for those users who do not understand modern technologies.

How To Contact Loan Service

CompanyKINGABC LENDING CORPRATION
WebsiteN/A
Pondo Loan Apphttps://play.google.com/store/apps/details?id=ph.fk.pondoloan
Phone09190666248 | 09088151015
Emailcs.pondoloan[@]gmail.com

To clarify some intricacies while waiting for a loan or how to launch the application correctly, you may need the help of company specialists. You can contact company representatives using Pondo Loan contacts. The customer support service will always be happy to help in matters related to lending.

Pondo Loan Reviews

The company is a newcomer to the financial market, so there are no Pondo Loan reviews in the public domain on the Internet. The company started its activities not long ago, so few customers had time to try the services. If you had already an opportunity to apply for quick loan with the PondoLoan app, please provide your feedback lower in the comments.

FAQ About Pondo Loan PH

Many clients are concerned about how legal this company is, its pros and cons, and whether it should be trusted. Discovering the answers to these questions is worth knowing more deeply about the subtleties.

The company must have the proper permission to carry out financial activities in the country legally. The SEC (Securities and Exchange Commission) is responsible for this. On the official website sec.gov.ph you can find Pondo Loan.
It provides the following data:
> Registration number CS201951228
> Power of attorney 2919

The company protects the data of its customers and does not put them at risk. All services are provided following the legislation governing the activities of microfinance companies. Pondo is included in the state register and has permission to lend to individuals and legal entities. Getting loans in Pondo is safe and transparent. The company guarantees the fulfillment of all obligations under the agreement under any lending conditions and regardless of the type of loan.
Since the official website contains information about this financial service provider, we can say that you can trust this company. The platform has passed all the checks and can work legally in the Philippines.

What Are The Advantages of The Lender?

The company has many advantages:
> You can get a loan without collateral;
> No need to waste time visiting the office;
> No inconvenience;
> Use one government ID;
> Receive money instantly within 5 minutes after approval.

Using loans from this company, customers can be sure that there are no hidden fees and commissions. It is not silent about compulsory insurance and the amount of commission for servicing the loan and depositing money into the current account.
There are also minimum requirements for borrowers. The platform puts forward less stringent requirements for potential customers. The opportunity to apply for a loan is available to any Filipino between the ages of 18 and 65, without the need to provide the contact details of the guarantors. Another significant advantage is that the organization offers its services 24/7. It means that you can take an online loan in the Philippines at any time of the day, regardless of your location.

More About Pondo Loan in the Philippines or Kingabc Lending Corporation

For people who want money right away but lack the resources to put up their assets as collateral, Pondo Loan is a contemporary answer. Since there are no set interest rates, obtaining a loan and repaying it are both simple. The fact that it is a real business doing business legitimately is what matters. Kingabc Lending Corporation should be trusted since it possesses the required authorizations and licenses to conduct business.

Why Do Customers Have To Apply For Pondo Loan PH?

Sometimes, it is essential to get money quickly and on favorable terms. In this case, it is worth using the services of Pondo Loan. Especially for such categories of the population as pensioners, self-employed, but informally registered persons, students, and housewives.
Such a loan will become a springboard to get out of the crisis. However, remembering that you cannot take a loan if the client has assessed all the risks is worth remembering. It is essential to apply for a loan only when a person is confident in his financial abilities and is sure he will be able to pay the total amount.

KINGABC LENDING CORPRATION

pondo loan

Name: Pondo Loan PH

Description: Pondo Loan Philippines -

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Summary About Pondo Loan Philippines

Pondo Loan is a loan services platform that provides fast and easy loans. An installment loan, personal loan, or payday advance — this platform offers an excellent opportunity to get money for every Filipino. Turning to Pondo for a loan, you get urgent financial assistance. All you need to complete the application is a mobile phone, Internet access, and just a few minutes of your time. In Pondo, you can conveniently borrow money as quickly as possible, without collateral and guarantors, without inquiries and checks, and with virtually no refusals.

The app offers a wide range of products with matching prices, so finding the perfect deal for your needs is easier than ever. Each application process starts with filling out a short form that only takes five minutes — no more waiting.

Sending
User Review 4.67 (3 votes)

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