Peranyo Philippines is an Android application that allows citizens of the Philippines to arrange and receive cash loans. There is no need to go anywhere or do excessive paperwork.
Borrowing
The process of applying for a loan is simple and takes several steps to complete. It is required for users to have Philippine citizenship, stable monthly income, valid ID and bank account.
It is possible to use a calculator before applying for a credit. You will find out the exact amount of money you may receive as well as its interest rate. The loan duration varies between 120 and 365 days. As for the amount, the application allows you to borrow from 1000 to 20000 pesos, depending on your monthly income.
If you are not satisfied with these terms and conditions, you can try downloading Lemon Loan. It is also intended for Filipino citizens.
Repaying
Peranyo Philippines offers easy repayment plans. Thus, you will be able to minimize the risks and choose the right option according to your financial needs.
You can make partial payments or pay the full amount at once.The latter will let you cover your debt completely, including interest rates. Therefore, you will save some money and improve your credit history.
Features
- allows Filipino users to apply for a loan;
- offers affordable interest rates;
- has flexible repayment plans;
- it is necessary to verify your identity;
- app is free to download and use;
- compatible with current Android versions.
