Payday loans offer a fast and accessible short-term solution to help cover urgent costs while you wait for your next paycheck.
Find the best payday loan in the Philippines January 2026 ⭐
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Info and reviewLoan from PHP 500 to PHP 20,000 MoneyCat understands that not everyone may have a perfect credit history. While a good credit score can be beneficial, it’s not always a strict requirement for loan approval. MoneyCat considers various factors, including your income and repayment capacity, when evaluating loan applications.Fast approvals User-friendly online app 0% interest for new clients All digitalMoneycatGet a loan
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Info and reviewLoan from PHP 1,000 to PHP 50,000 Full loan repayment – You can pay the entire loan on or before the Next Payment date without any additional costs. You can check the total amount to be paid and payment terms for the loan by logging into your Finbro account. Minimum payment – In case you cannot pay your full repayment yet, Finbro offers an option to make Minimum payment which will prolong your Next Payment date for 7, 14 or 30 days. Details can be found by logging into your Finbro accountMinimal documentation required Fast processing of the application Loans up to PhP 50,000FinbroGet a loan
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Info and reviewLoans from 1000 PHP to 10 000 PHP Borrow ₱10,000 for 30 days with no interest (new client); repay ₱10,000 only.0% promo Fast processing Easy online form 24/7 availabilityHoneyLoanGet a loan
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Info and reviewLoan from PHP 500 to PHP 50,000 The maximum available amount of loan is up to 50 000 pesos The minimum loan term is from 61 days to 60 months. The minimum interest rate is 11.9% per annum, the maximum is no more than 365% per annum.No background checks Quick loan processing Only reliable lending companiesZaimooGet a loan
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Info and reviewLoan from PHP 1,000 to PHP 20,000 Experience easy borrowing with Cash-Express. For a 7-day loan, you’ll benefit from 0% interest on the principal for the first week, transitioning to just 1.99% daily interest after that. Similarly, with a 14-day loan, the interest rate is 1% for the first 14 days, with a low daily rate of 1.99% for any subsequent period.Fast approval; as fast as 5 minutes All digital Easy and intuitive interface Requires only a valid IDCash-expressGet a loan
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Info and reviewLoan from PHP 1,000 to PHP 25,000 Cash2go provides loan offers ranging from ₱1,000 to ₱25,000 for durations of 61 to 120 days. Lending rates vary by lender, with rates from 0% up to a maximum APR of 143%. For example, if you take out a loan of ₱1,000 with an interest rate of 36% per year and plan to repay it in 3 months, the total payment after 3 months would be ₱1,090.Fast processing and approval Personalized approach Intuitive platformCash2GoGet a loan
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Info and reviewLoan from PHP 1,000 to PHP 25,000 Max. APR (annual percentage rate) 180%. Calculation example: 5000 ₱ and a loan term of 3 months, total payment within 3 months: 14810 ₱, of which interest on the loan: 9810 ₱. The minimum loan repayment period is 3 months and the maximum loan repayment period is 1 year.Zero service charges Zero interest for first-time borrowers Fast loan application decisionCredifyGet a loan
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Info and reviewLoan from PHP 1,000 to PHP 50,000 The amount is 30,000 Php, the interest rate per month is 4.5%, and the loan term is 3 months. 4.5 (%) * 3 (months) = 13.5% for 3 months (13.5% * 30,000 Php (loan amount)) / 100% = 4050 Php (amount of accrued interest) 30000 + 4050 = 34050 Php is the amount of money needed to be repaid in 3 months. In case of violation of the terms, the penalty amount is 0.10% of the overdue amount per day, but not more than 10% of the loan amount. In сase of a long delay in repayment, the information will be transferred to the credit bureau. The loan may be extended if the lender is informed in a timely manner (before the loan repayment date) and interest for the initial loan term is paid. There are no additional fees for loan extensions.0% interest rate Applications any time of the day Easy and intuitive interface Fast and reliable seviceCreditniceGet a loan
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Info and reviewLoan from PHP 1,000 to PHP 25,000 Loan of 20000 ₱ for 6 months, monthly payment 5716 ₱, total amount 34296 ₱, annual percentage rate APR 143%. APR is the total cost of a loan expressed as a percentage of the total amount of loan granted per year. The maximum APR possible is 180%.0% interest rate for new clients Funds transfer to any bank Easy and intuitive interface No employment background checkSoscreditGet a loan
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Info and reviewLoan from PHP 100 to PHP 25000 Example of calculating a loan: Loan size – 1000 PHP, duration – 3 months, interest – 48% per annum. ((48/12 * 3) / 100 * 1000) + 1000 = 1120 PHP. Total amount of payment: 1120 PHP.Fast online approval Low entry amount Available 24/7 No collateralBinixoGet a loan
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Info and reviewLoan from PHP 1,000 to PHP 25,000 Credy provides loan offers ranging from ₱1,000 to ₱25,000 for durations of 61 to 120 days. Lending rates vary by lender, with rates from 0% up to a maximum APR of 143%. For example, if you take out a loan of ₱1,000 with an interest rate of 36% per year and plan to repay it in 3 months, the total payment after 3 months would be ₱1,090.0% interest on the first loan Easy online application process Quick feedback, only 10 minutesCredyGet a loan
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Info and reviewLoan from PHP 500 to PHP 30,000 Assume you apply for a loan of 30,000 PhP at a monthly interest rate of 4.5% for a 3-month period. By the loan’s due date, you’ll be charged an additional 4,050 PhP. Hence, your total repayment will be 34,050 PhP. For further clarity, here are interest calculations that reveal the repayment sum (inclusive of interest) for typical service users. Loan amount: 30,000 PhP; monthly interest: 4.5%; loan term: 3 months. The 3-month period accrues interest at 4.5(%) * 3(months) = 13.5%. This equates to (13.5% * 30,000 PhP (loan amount))/100% = 4,050 PhP (accumulated interest). So, 30,000 PhP (loan amount) + 4,050 PhP (interest) = 34,050 PhP, which is due in three months. If a payment is delayed, the penalty fee is 0.10% daily, but it won’t exceed 10% of the loan amount. In case of significantly overdue payments, your information will be reported to a credit bureau. However, a loan extension can be arranged if the lender is informed promptly (before the loan due date) and if the interest for the original loan period is paid. No extra charges apply for loan extensions.40+ online lending partners Fast application and approval High approval rateMazillaGet a loan
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Info and reviewLoan from PHP 500 to PHP 25,000 Crezu does not charge any service fees. It’s absolutely FREE! The loans offered have minimum repayment terms of 61 days (2 months) and maximum repayment terms of 120 days (4 months). Lending rates vary from lender to lender in the range from 12% to a maximum APR of 36%. For example, for a loan of ₱ 10,000 that will be paid in 3 months, the total payment of the loan will be ₱ 15,000.0% interest on the first loan Does not ask for credit history Easy and fast applicationCrezuGet a loan
Payday loans: a guide on how this speedy loan can help
Sometimes, even with careful planning and strict adherence to a budget, you will find yourself short of cash, often due to emergencies like medical expenses or car repairs. Those living paycheck to paycheck may not have enough in their wallets or bank accounts to fund these unexpected events.
An easy way of covering unexpected expenses is to avail of payday loans. They’re fast, easy, and convenient. Payday loans online offer unparalleled convenience so borrowers can get the cash they need without much hassle or even without leaving their homes. Here at Lafingo, our goal is to help you understand what payday loans are, how they can help you, and how you can avail yourself of them.
What are payday loans online?
A payday loan provides quick and easy cash until the borrower’s next paycheck becomes available. Payday loan online requirements typically vary from one lender to another, but most typically require borrowers to be of legal age, have valid IDs, and the ability to prove their incomes.
Payday loans are popular because of their accessibility, convenience, and speed at which they release the needed funds. In the Philippines, a payday loan online is also called a salary loans online, a cash advance loan, or quick cash loans.
How payday loan online works
Online payday loans in the Philippines generally work the same way regardless of the lender, although some loan providers may ask for more requirements or will have a higher loanable amount. Here’s a look at how payday loans online in the Philippines work.
Payday loans Philippines eligibility requirements
- Online payday loan providers in the Philippines usually require borrowers to be
- Of legal age; 18 to 21 years
- With a valid government-issued ID such as a drivers license, passport, SSS/UMID ID, and Philhealth ID
- Active mobile number
- Proof of income, such as payslips or a certificate of employment
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Info and review Moneycat.ph MoneyCat understands that not everyone may have a perfect credit history. While a good credit score can be beneficial, it’s not always a strict requirement for loan approval. MoneyCat considers various factors, including your income and repayment capacity, when evaluating loan applications.Get a loan
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Info and review Finbro.ph Full loan repayment – You can pay the entire loan on or before the Next Payment date without any additional costs. You can check the total amount to be paid and payment terms for the loan by logging into your Finbro account. Minimum payment – In case you cannot pay your full repayment yet, Finbro offers an option to make Minimum payment which will prolong your Next Payment date for 7, 14 or 30 days. Details can be found by logging into your Finbro accountGet a loan
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Info and review Cash2go.ph Cash2go provides loan offers ranging from ₱1,000 to ₱25,000 for durations of 61 to 120 days. Lending rates vary by lender, with rates from 0% up to a maximum APR of 143%. For example, if you take out a loan of ₱1,000 with an interest rate of 36% per year and plan to repay it in 3 months, the total payment after 3 months would be ₱1,090.Get a loan
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Info and review Soscredit.ph Loan of 20000 ₱ for 6 months, monthly payment 5716 ₱, total amount 34296 ₱, annual percentage rate APR 143%. APR is the total cost of a loan expressed as a percentage of the total amount of loan granted per year. The maximum APR possible is 180%.Get a loan
Payday loan app
The best online payday loans are processed using the company’s own app, which can easily be downloaded. Borrowers will then fill out the application form and submit the requirements via the app. Here’s a step-by-step guide.
- Create or sign in to your account – For new borrowers, you will need to create an account, while repeat customers should simply log-in using your credentials.
- Fill out the application form – Enter your personal information. Many apps will require you to submit a valid ID and provide a selfie using the payday loan app and your phone’s camera. Enter the details of your loan request, such as the principal amount and preferred repayment period. Make sure to provide accurate information in your application form.
- Compute the loan amount – Most online loan companies have a payday loan calculator in their app to help you determine the monthly repayment using the repayment period and loan amount. This tool helps borrowers avoid borrowing more than what they can afford to pay monthly.
- Read the terms and conditions – Payday loan providers have different terms and conditions, as well as repayment periods and interest rates. Make sure to read and understand the payday loan online terms and conditions before finalizing your loan application. You can always ask the loan company’s representatives if you need more clarification.
- Submit requirements -Some loan companies will ask for proof of income or employment, such as payslips or a certificate of employment.
- Wait for approval or decision – Typically, Philippine loan companies offer payday loans with no credit check requirements. This makes the approval process a lot faster. Some online companies can approve the loan in a few minutes, while others may take 24 or 48 hours, depending on the loan amount.
- Disbursement method – You can get the funds from the payday loan through your nominated disbursement method, such as a digital wallet, bank account deposit, or cash from a physical store. Similarly, you can also pay via online bank transfers, digital wallets, or bank deposits.
Payday loan calculator
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How to find the best payday loans
Since there are many online payday loan providers in the Philippines, it can be quite overwhelming to choose from them. When searching for the best pay loans in the Philippines, consider the following factors:
- Loan amount – Online lenders vary in the amount they are willing to lend for payday loans. Some have a lower cap while others have higher ones, depending on the borrower’s monthly income. Those who need a higher loan amount should opt for companies with a higher loan amount.
- Eligibility criteria – Most borrowers have the same requirements, but other lenders may require more documentation or may take more time in reviewing, approving, and processing the loan.
- Monthly interest rate – The monthly interest rate is a major consideration when taking out a loan, as it directly affects the monthly payment. The monthly interest rate, after all, is a representation of the percentage the loan provider charges for lending you money and is typically expressed in annual terms: annual percentage rate or APR. Make sure to compare the interest rates when shopping for an online loan provider.
- Flexible repayment terms – Some payday loan providers require repayment within 30 days, while others may offer a repayment period of 12 to 36 months. Just keep in mind that a shorter repayment period means lower interest payments, while a longer repayment period means higher interest payments. Choose the repayment period that offers a repayment term that is within your monthly budget.
- Disbursement and repayment methods – Many borrowers look for convenience when applying for online payday loans, preferring to get their cash loan funds without leaving their homes. Fortunately, many loan providers offer easy disbursement methods, depositing the loaned money into banks or sending it via digital wallets. Similarly, the ease of repaying the loan is also something to consider so borrowers can repay their loans online without much hassle, too.
When searching for the best payday loans, you can research each payday loan provider and compare them side-by-side. At Lafingo, we make this task much easier with our thorough reviews of payday loans available on the market in 2026. Our experts thoroughly assess each payday provider to help you find the payday loan most suited for your needs.
Get a cash with payday loans in 2026
Payday loans are quick loans for those who need immediate cash but have run out of it while waiting for their next salary release. These loans offer convenience as typically lenders only require a few requirements. Borrowers, however, should be careful in taking out loans and make sure they can repay the monthly payments to avoid overborrowing and getting into a debt trap.
Frequently Asked Questions (FAQs) about payday loans 🔎
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What are the requirements when applying for a payday online loan❓
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Are there lenders offering payday loans with no credit check in the Philippines❓
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How can a payday loan calculator help me❓
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