Are you cash-strapped and looking for ways to augment your cash flow? Are you in the middle of an emergency and need to have more cash than what you have at hand? Perhaps there is a major expense you’ll be spending on, but you don’t know how to fund it? Is a loan without collateral the answer to these dilemmas?
Best loans without collateral in the Philippines in February 2026 🏆
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Info and reviewLoans from 1000 PHP to 25 000 PHP Example calculation: TOTAL LOAN AMOUNT: 1,000 PHP for a period of 3 months. LOAN COMMISSION: 0.00 PHP. Loan amount – 1,000 PHP, duration – 3 months, interest rate – 48% per year. ((48 / 12 * 3) / 100 * 1000) + 1000 = 1,120 PHP. Total amount to be repaid: 1,120 PHP ANNUAL PERCENTAGE RATE (APR): 48%. The loan is granted for a minimum period of 61 days and a maximum of 36 months. The minimum loan amount is 1,000 PHP, and the maximum amount is 25,000 PHP.Fast matching Compare multiple loan offers Online 24/7 application Simple applicationCreditYesGet a loan
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Info and reviewLoans 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 reviewLoans 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 the payment terms for the loan by logging in to your Finbro account. Minimum payment – If you cannot make your full repayment yet, Finbro offers the option to make a Minimum payment, which will extend your Next Payment date by 7, 14, or 30 days. Details can be found by logging into your Finbro account.Minimal 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 reviewLoans from PHP 500 to PHP 50,000 The maximum available amount of loan is up to 50 000 PHP. 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 reviewLoans 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 reviewLoans 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 reviewLoans 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 reviewLoans 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 reviewLoans 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 reviewLoans 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 reviewLoans 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 reviewLoans 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 reviewLoans 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
Thinking of getting a loan? Consider a loan without collateral
In the Philippines, many lenders are offering non-collateral loan deals, promising many benefits to borrowers. But is this kind of loan what you really need? How does it work? Here at Lafingo, we endeavor to help readers determine the best loan deals and types of loans to avail. Before you sign that loan without collateral deal in 2026, understand how it works and how you can benefit from it.
What is a loan without collateral?
A loan without collateral is an unsecured loan since borrowers do not need to put up any assets as security for the loan. This means lenders evaluate loan applications based on the borrowers’ capacity to pay, creditworthiness, and business operations or personal income.
On the other hand, collateral loans mean that borrowers have to pledge their assets as security, also known as collateral for their loans, which lenders may keep in possession or repossess in cases of default on payments.
Typically, vehicles, real estate properties, antiques, equipment, and other high-value items can be used as collateral.
Loans without collateral are quite popular among Filipinos since the processing and approval times are much faster than collateral loans. There are no assets to vet or appraise, which cuts down the time for processing and approval.
Pros and cons of getting a loan without collateral (2026)
Much like other kinds of loans, a loan without collateral has its advantages and disadvantages.
Pros
- Offers flexibility for those who need cash but have limited assets to put up as security
- Faster approval process since vetting time is reduced, given the lack of assets to be evaluated
- Minimizes the risk of losing possession since no asset was put up as security
- Plenty of lenders offer this kind of loan
- Various kinds of no-collateral loan products to choose from in the market
Cons
- Higher interest charged by lenders since they are taking on more financial risks, since no asset can be repossessed.
- Lower borrowing limits than collateral loans
- Strict credit requirements are given that lenders rely heavily on the borrowers’ creditworthiness
- Can cause over-borrowing since non-collateral loans are quicker and easier to obtain
- May hurt your good credit score if small loans like non-collateral loans are left unpaid
Loan without collateral calculator
* Only for informational purposes
Types of personal loan without collateral in 2026
Below are the kinds of loans without collateral in the Philippines.
Personal loan without collateral
Personal loans without collateral are typically offered by banks and other large financial institutions. Processing and cash disbursement from this loan can take several business days. They usually have a lower Annual Percentage Rate (APR), and longer repayment period than quick loans without collateral.
Quick cash loan without collateral
Personal loans in the Philippines are offered by banks and other financial institutions, and are characterised by quick processing and approval, since they require no collateral.
Many lenders can approve personal loans in as fast as 10 minutes from the submission of all the requirements. Cash disbursements may happen within the day or the next 24 to 48 hours.
Peer-to-peer lending
This loan without collateral is often availed online from individuals instead of banks or financial institutions. Peer-to-peer lending is also quick to process, but borrowers may be charged higher interest rates than other loan products.
Find more about low-interest loans here:
Unsecured business loans
This type of loan is targeted for entrepreneurs who need capital for their business or some help to keep them on their feet during economic downturns. They are helpful for entrepreneurs who need funds but have insufficient collateral.
Most financial institutions offering unsecured business loans rely heavily on the borrower’s promise to repay, reputation, and creditworthiness.
How to get a loan without collateral approval? A complete guide
Here are tips to help you get your loan without collateral:
- Be sure to fill out the application form properly, ensuring that the correct information is provided. Submit all required documents since missing or incomplete ones will mean a delay in the processing.
- Improve your credit standing- It may be hard to get your loan application approved if you have a bad credit standing or unpaid loans with other financial institutions.
- Do not attempt to over-borrow- Many lenders rely on the income documents you submitted to evaluate your creditworthiness. As such, do not borrow more than what you can afford, or else lenders may turn down your loan application since overstating income raises a red flag among lenders.
🚀 The best loans without collateral in the Philippines
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Info and review Moneycat 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 CreditYes Example calculation: TOTAL LOAN AMOUNT: 1,000 PHP for a period of 3 months. LOAN COMMISSION: 0.00 PHP. Loan amount – 1,000 PHP, duration – 3 months, interest rate – 48% per year. ((48 / 12 * 3) / 100 * 1000) + 1000 = 1,120 PHP. Total amount to be repaid: 1,120 PHP ANNUAL PERCENTAGE RATE (APR): 48%. The loan is granted for a minimum period of 61 days and a maximum of 36 months. The minimum loan amount is 1,000 PHP, and the maximum amount is 25,000 PHP.Get a loan
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Info and review Finbro 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 the payment terms for the loan by logging in to your Finbro account. Minimum payment – If you cannot make your full repayment yet, Finbro offers the option to make a Minimum payment, which will extend your Next Payment date by 7, 14, or 30 days. Details can be found by logging into your Finbro account.Get a loan
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Info and review Cash2Go 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
Our Lafingo conclusion
A loan without collateral requirements in the Philippines can be a great help if you need additional funds for major expenses or need some quick cash, but do not have the assets to be used as security for the loan.
Getting this loan approved can be quite easy and fast as long as the borrower does not attempt to overborrow and submits all the requirements. Here at Lafingo, you can find the best loan without collateral deals in the market and compare them easily.
Frequently Asked Questions (FAQs) about loans without collateral 🔎
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What are the advantages of getting a loan without collateral❓
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What kinds of loans without collateral are available in the Philippines❓
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What are personal loans without collateral❓
