Tala Philippines

Interest Rate

0,50% - 0,80% per day

Loan Amount

Up to PHP 15.000

4.7 / 5
TOTAL SCORE
SUMMARY

Tala Philippines is one of the most popular lending apps at the market. Download Tala application and apply loan in 15 minutes.

INFO
  • Loan amount PHP 15.000
  • The 1st loan up to PHP 2.000
  • Loan period up to 3 months
  • Interest rate 10,50% - 17,10% per month
  • One-time processing fee 11,00% - 15,00% depending the sum of loan
  • Fee 42% from the loan amount
  • Documents 1 major ID
  • Citizenship Filipino
  • Age 21+ years
  • SEC Registration CS201710582
  • Certificate of Authority 1132
  • TIN 009-614-758
POSITIVES
  • All application process is online with the Tala app
  • Paperless
  • No collateral need
  • No bank account required
  • All data is secured
NEGATIVES
  • Fee 42%
  • Penlties, if you didn't repay in time loan - 8% of total amount

This review is about Tala loan service in the Philippines. It is about one of the fastest loan services with enough interesting terms for the unbanked people. Especially it can be interesting for people who have no access to the bank loans. Terms, requirements, reviews, contacts, etc. If you want continue, please read further.

Tala Philippines – in a note, lending is easy! It is a mobile technology startup which creates new financial opportunities for Filipinos. One expands financial access with a social mission, so everyone solves his/her finance question with fast loans from Tala.

Tala Philippines uses the company’s international experience, cause it has a global team in several countries. The company strives to build better experience with its customers providing better service, terms then Tala’s competitors in the PH. Lender stand apart other loan companies. It is brand, and if you want to use it, you need to download app and register. It is very convenient.

TALA Philippines

Tala Philippines provides microloans to borrowers by crunching data from ones smartphones, in order they could judge credit worthy. Over 85% of customers get approve and loan in 10 minutes after the application. So, get your the 1st instant loan from Tala right now!

If you want, you can check privacy policy and terms on the lender’s website. So you were sure you understand everything about company and it’s services.

Sa Tala, magaan ang hiraman!

Tala Philippines Loan Online

With Tala, you can get a quick personalized loan and build your credit history. The company has own scoring system which allows them to work more efficient and quicker than many other competitors.

For people, Tala is a unique access point to the financial system where they can choose what they want, how much money they need, for what period and terms. Also, it helps people to improve their financial opportunities.

How to Apply for the Loan with Tala

Tala how apply the loan in the Philippines
  1. Just go to the official website: https://tala.ph;
  2. Click on the button “Get the App“;
  3. Download Tala Philippines loan Android application from Google Play – it will take less than 5 minutes;
  4. Apply for the loan 24/7, answering just a few questions (enter your personal information and check everything was correct) and no paperwork at all – you need to verify your identity by uploading ID;
  5. Choose the payment and repayment methods you need;
  6. Your answer will be immediate about the fast loan, so you left only to choose how you want to cash out money (it can be bank account or the nearest Padala Center.

You can apply next loan only when you repay the previous one. All information will be in the mobile application, so you will easily track all events about your loan repayment periods or some other changes with loan. Lender works 24/7 and this is great.

Download Tala Philippines Mobile App

Tala app Loan Review: Android mobile app is the main product. With a help of it you can apply online loan very quickly and receive money online in 24 hours or quicker. This becomes possible cause of low requirements from the lender side:

Documents1 Government ID
Age21+
Photoesof your ID, selfie
Who can applyonly Filipino
Proofs of incomeno required
Unemployed usersok

If we talk about IDs, service can use next: Driver’s license, Passport, UMID/SSS ID, Postal ID, Voter’s ID, PRC ID, National ID. Important, your ID which you will use applying the loan must be valid.

Max. loan amountPHP 25.000
Loan period30 days
Service fee11% – 15% of principal*
Max. late fee8% of the principal

*APR is 183%-191%. Will not charge more than service fee.

If you will take loan Php 5000, service fee will be Php 750. Total: Php 5750

In app features: Security PIN; Loan tracking system; Repayment schedule; Different success stories; Etc.

Tala Philippines Mobile Application

Tala Loan Interest Rate is near 0,80% per day! Apply payday loan with the one app in a 15 minutes. You can’t apply max. loan amount PHP 15.000 at once. The 1st loan is up to PHP 2.000

By the way, lender has no iOS loan app, so only Android users can apply loan online.

How To Repay Tala Loan

You can repay loan via:

  • GCash, Coins.ph;
  • M Lhuillier, 7-Eleven, Cebuana Lhuillier.

Repayment can be full or partial. Just keep your payment schedule with the mobile app.

Tala & Other Lenders in the Philippines

Tala is unique lender and you can compare one with other lenders. This is normal, just check the most popular alternative one in the Philippines: Online Loan Pilipinas, Digido, Cashxpress, Moneycat, Unacash, Cashalo, etc.

1
4.8 / 5
TOTAL SCORE
from 0,01% per day
2
4.3 / 5
TOTAL SCORE
0,01% - 11,9% per month
3
4.1 / 5
TOTAL SCORE
3% - 10% per month
4
4.4 / 5
TOTAL SCORE
5,99% per month
5
4.5 / 5
TOTAL SCORE
0% interest rate

Tala PH Contacts

If you need help, just write to Tala support team:

CompanyTala Financing Philippines Inc.
Websitehttps://tala.ph
Emailsupport[@]tala.ph

Tala Philippines social networs:

Tala Philippines Challanges

Tala is an international company and its solutions are very depends on mobile phones which customers have access. It is really important, cause lot of Philippine customers use for example Cherry Mobile Astro 2 or ZH&K Mobile Pioneer. These models cost not more than $30 and devices help their owners to get loans, but the screens solution is 480*800 px, low 512MB RAM, 4GB storage which create really hard challanges for Tala engineers, cause Tala Philippines has mobile application and better phone customer have, better user experience one will get.

Tala locations: Mexico, Philippines, Tanzania, Kenya, India

Tala Careers

If you are interested to be in Tala team, you should know:

  • that company has great culture and team is really passionate about what they are doing;
  • It is great diversity, cause Tala is an international company and present already in 5 countries;

In general, Tala has over 200+ team members all over the world. In the Philippines team is over 30+ members. The office is in Manila and it is very fast growing company.

  • HQ: United States, California;
  • Founder: Shivani Siroya;
How Tala helps financially underserved people realize their dreams

Tala Reviews

If you already had an opportunity to use Tala loans, please write about your experience lower in the comments.

  • How it was? Did you like it?
  • What would you like to improve?
  • How many times you use Tala Philippines service?

As service is very popular, that means that most Filipino like it to use.

Reviews about Tala are really different:

  • For someone it is really cool app, cause its works perfect, the main poin is to repay in time;
  • For other people it is not so good, cause you need to wait in some cases enough long 24 – 48 hours;

FAQ About Tala Philippines

If you still have any questions about Tala Philippines, please write them in the comments lower, we’ll try to help you, ok?

⭐ Is Tala Philippines Legit?

Yes, Tala is the legal online loan service in the Philippines;
SEC registration #CS201710582
Certificate of Authority #1132
TIN: 009-614-758
Moredetails about it on SEC.gov.ph

⭐ How To Repay Tala Loan With GCash?

How To Pay via GCash!

⭐ What Happens If Uou Don’t Pay Tala Loan?

Well, if you don’t repay on time your loan, Tala lending company can charge you 8% of total amount loan fee. If borrower will continue not paying the loan, one contract can be sold to the 3d party collection companies, so they will continue contact borrower and the nearest to you people. So, please be responsible and repay Tala loan in time;

⭐ How Much Is the 1st Loan in Tala Philippines?

If you are applying loan the 1st time with Tala, your loan can be up to PHP 2.000, but if it is repeated loan, usualy it can be up to PHP 10.000 or even PHP 15.000;

⭐ How Fast Can I Apply Tala Loan?

Application can take 10 – 20 inutes. Loan decisions in a minutes.
If you choose cashout with a bank, customer can receive money during 1 business day, if application was before 10 am, if later, during next business day 24 – 48 hours;

If you choose Padala Center, usially it takes up to 24 hours;
If it is Cebuana Lhuillier – in 1 hour after loan application was confirmed by lender;

For sure, SMS notification will give information about the time when borrower can take his/her money.


Tala Financing Philippines Inc.

tala ph

Name: Tala Philippines

Description: Tala is the online lending app with a help of which you can get urgent loan for 1-3 months during one day. One finance company is very popular among Filipino, so download app and check about it by yourself.

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Summary About Tala PH

Tala is the great loan service for Philipinos. Millions of users are using Tala app. Company is legal. This app can be interesting for every Filipino who need money asap. Just, read, please all terms, so you were sure about it and if they are ok for you.

Pros

  • very convenient application with all statuses tracking
  • requirements: valid ID with suffice (also it can be: UMIS/SSS ID, Passport, Postal ID, Driver’s license, Voter’s ID, PRC Card)
  • fast loan approval in 10 minutes
  • all data is secured: four-digit PIN code
  • cash disbursement via bank account, Padala Centers, Coins.ph
  • repayment options: Coins.ph, bank account, 7-Eleven, etc

Cons

  • only for Android users
  • require authorization from FB account
  • 8% penalty fee if a borrower was late with the payout
Sending
User Review 4.83 (6 votes)

5 Comments

  1. LOTA B. TAMPARONG March 11, 2019
  2. venice carame May 8, 2019
  3. jelyn January 6, 2020
  4. Teresita C Salon April 12, 2022
  5. Belinda June 22, 2023

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