Lemon Loan is an Android application that provides access to the online lending platform. The utility prompts users to fill out the request and quickly get its approval. Funds are credited to a bank card or electronic wallet.
How to use
Only residents of the Philippines between the ages of 18 and 50 can use this application. A mandatory requirement is the presence of a stable source of income – own business or job.
To create an account in this app, you need to provide a valid phone number from one of the Philippine mobile operators, as well as identification data. Also, you have to upload a photo of your ID card.
Loans and fees
If you want to get a loan via this utility, you need to fill out the application form. You have to read the terms, choose the amount, and set the repayment schedule.
When your application is approved, you receive a notification call. Next, you need to indicate the method of receiving money:
- bank account;
- card;
- DragonPay or SkyPay electronic wallets.
Please note that the possible loan amount is from 2.000 to 20.000 Philippine pesos. The minimum term is 180 days while the maximum is 365. Also, the interest rate can be different and reach 15% per annum. Additional fees are possible.
Loan repayment is carried out via e-wallets and terminals of partners. The support service works daily from 9:00 to 18:00.
Features
- helps residents of the Philippines to arrange and receive cash loans;
- it is necessary to create an account, similar to PitaCash;
- repayment is carried out via e-wallets, transfers, and terminals;
- app is free to download and use;
- compatible with current Android versions.
