Easy Cash Loan Online in the Philippines: Get Your Approval Now!

Last Updated: 01/12/2020
Lender Feature
Interest Rate
Max Loan Amount
MoneyCat - Best Offers From the APEC Loans
Flexible Conditions
for 2,5% per day
₱ 1000 - 20000
from 14 to 28 days
Cashwagon - Best Offers From the APEC Loans
Super Trusted Lender!
for 0% per day
up to ₱ 20000
from 7 to 180 days

Getting a loan has never been easier. The usually complicated and frankly unpleasant procedure has been simplified to a 5-minute process, thanks to online lending platforms.

The industry of easy cash loan online in the Philippines has grown since the inception of online lending. These lenders grant loan services to customers based on a simple format that does not require opening a bank account, depositing a percentage of the loan, providing guarantors or collateral.

You just have to do the following:

  • indicate your interest in taking a loan
  • provide a few details, and
  • apply.

“Easy cash online” is one of the most searched phrases on the internet and a great number of us are guilty of having typed in that phrase at some point in our lives. Easy cash loans have become a source of relief in times of distress.

Like the Greek Philosopher named Epictetus, said “Wealth consists not in having great possessions, but in having few wants.”

How To Get An Easy Loan Online

There are so many online lenders nowadays, this gives you a wide range of options to choose from. Each lender has requirements that are contained in its terms and conditions, but many of those are generic.

Follow the steps below to get your easy cash online today:

  1. Review various online lending companies and pick the one whose terms are most fitting to your needs. Legit easy loan online lending companies in the Philippines are registered under the Security and exchange commission (SEC) and Department of Trade and Industry (DTI). Make sure to pick a loan provider that is legally registered.
  2. Visit the lender website or download their mobile app. Head to the online site and proceed with the application. If you prefer to utilize the mobile app, then download and install the application on your device and carry out the process on that platform.
  3. Fill in the required info and apply for the loan. You will have to fill in basic information and, depending on the loan provider, you may need to upload a document of identification. Finally, click “Apply” and wait for a reply.

At APEC Loans, we recommend online lenders based on their track record and customer reviews, but we urge you to draw your conclusions and decide based on your financial requirements.

Easy cash loan online in the Philippines - APEC Loans

How Easy Cash Loan In The Philippines Works

You may be wondering how easy online loan lenders verify customer identities; there is an automated identity verification process that crosschecks the personal and contact information with the bank details provided to ensure that you are of acceptable age and verify your address.

Keep in mind that these lenders operate through an online system that is not hindered by physical elements but has seamless connectivity. The process takes up very little time.

With your information once again, the lending company can confirm your credit history which plays a role in the credit amount that can be allotted to you during the first transaction. The loan is then processed and the amount is credited to the bank account within 24 hours.

Easy Loan Approval In The Philippines

There is an approximate 90% approval rate for online lenders, so it is almost guaranteed that your loan will be granted. The reason for the high approval rate is that given the reduced bureaucratic procedures involved in processing the loan, there are fewer deterrents to be bothered about.

In traditional loan institutions, a missing document would affect your loan, an unacceptable document would also affect your loan, late presentation, incomplete documents of the guarantor, and the list goes on.

Easy loan approval in the Philippines is further influenced by the fact that even though bad credit can affect the amount given to you, it is usually no cause for rejection of a loan application.

As long as you are a Philippino citizen and within the acceptable age range of 18-60 (sometimes 70), you are eligible for a cash loan online irrespective of your current social status; employed or unemployed.

More so, developing a good relationship with the lending company makes each loan application easier than the previous one.

Repaying An Easy Loan In The Philippines

Loan repayment is just as easy as its approval. During the application process for easy online loans, you will be given the option to choose the amount and repayment scheme that you consider most favorable. Depending on the amount, the repayment period can span from 7 days to a few months.

Some of the credit conditions for repayment include:

Low-interest rate accrued daily at about 1%

The format of the easy loan in the Philippines provides for reasonably low-interest rates which are hardly obtainable in other financial institutions.

Possibility of early repayment and prolongation of the credit period

If you repay the loan earlier than the stipulated time, your interest will be recalculated accordingly. If you also decide to request an extension of the credit period, the interest will be recalculated in the same way and you can avoid paying a fine. This is applicable only for those who make the request before the expected repayment date.

Remote payments

Just as you were able to apply from the comfort of your home or office, you can also carry out the repayment remotely.


I am worried about my personal information, how secure are easy cash online lenders?
The easy cash loan online system only inquires about necessary data, such as name and address; it does not ask extraneous questions. Your personal information is confidential and cannot be accessed by anyone else, it is stored away in an encrypted format.

If my easy loan online application is rejected, can I apply again?
Easy loan approval in the Philippines is usually positive, but if your application is rejected, you will definitely be given the chance to try again later.

What spending restrictions are there for the easy cash loan in the Philippines?
No, there are no restrictions on how you choose to dispose of the money. These loans are indiscriminate, so you could use it for your business, bills, personal belongings or whatever you desire. It is irrelevant to the online lender as long as you make timely repayments.