E Perash is an application for Android devices created by a credit company of the same name. This service allows residents of the Philippines to apply for loans online without visiting offices.
Authorization
You need to authorize to enter this utility. Please note that this service can be used by citizens of the Philippines aged 20 to 60 years. So, you have to provide a phone number, email address, and some personal information.
It is also necessary to go through the verification procedure, indicating the data of your valid ID, for example, a passport or driver’s license. After that, you can apply for a loan online. It has been considered for some time.
Loans and repayments
The term of a possible loan is from 91 to 365 days, and the amount is from 1,000 to 20,000 Philippine pesos. The money is credited to your bank account or via the Cash Pickup service.
It is worth noting that this platform charges interest up to 36% per annum. The loan repayment is divided into two periods – after 30 days and at the end of the term. E Perash notifies users of these dates in advance.
It is possible to deposit money via various payment systems, including Skypay, GCash, 7Eleven, and others. The platform has a support service. You can ask questions in the online chat of the eponymous website.
Features
- residents of the Philippines can apply for loans, similar to pera247;
- verification is required;
- the money is credited to your bank account;
- notifies users of repayment dates;
- app is free to download and use;
- compatible with current Android versions.
