PautangFast online
loans 24/7
In few minutes
- We make decisions from 1 minute
- Instant fund transfer
- No hidden fees or charges
- Early repayment at any time
Requirements for obtaining a loan
You must have an active bank account or e-wallet
You must have eligible age for a loan
You must have a 1 valid ID
You must have a mobile phone number
How to get a loan?
Choose the loan you want
View and compare all offers, choose the most suitable one and click on the button "Get a loan"!
Apply for a loan
Fill in the loan application on the lender's website, providing all the necessary data! To increase your chances of getting money, we recommend that you apply to several lenders!
Get the money
You can usually get a response from your lender within 15 minutes to one business day. In case of a positive decision to issue a loan, you will quickly receive the money on your bank account or e-wallet.
How to repay the loan?
Make a payment via App
You can make a payment through various apps such as QRPH/Gcash/PayMaya/Other Mobile Banks
Payment via ATMs
You can repay in cash at ATMs such as BDO/BPI/AUB Online/Other Banks
Payment via payment centers
You can repay in cash at payment centers such as 7-Eleven/Cebuana/Other
Why choose an online loan?
- Because applying is easy and you'll receive a confirmation in minutes.
- Because it's great funding for unforeseen expenses.
- Because it's simple - equal monthly payments on a certain date.
- Because it's a great solution if money is needed immediately.
Borrow responsibly
- Before you start a loan comparison, think carefully about how much you want to borrow and for how long!
- Compare at least a few offers before settling on one!
- Keep in mind - your credit history will be taken into account when analyzing your loan application!
- Read the terms of the contract carefully!
Penalty or renewal policy information
- Late payments worsen your credit score and reduce your chances of getting a loan in the future.
- Lenders have the right to charge statutory interest for late payment. Borrowers who do not repay the loan correctly lose the opportunity to receive discounts in the next application.
- Timely repayment contributes to a good credit rating, which increases your chances of getting a better loan in the future.
Loan product details disclosure
- Loan amounts: 10,000 PHP - 50,000 PHP;
- Minimal loan period - 3 months;
- Maximum loan period - 24 months;
- Maximal Annual percentage rate (APR) including all commissions is 143% per year;
Example calculation
Suppose you take a loan of 10,000 PHP for 24 months at an annual interest rate of 9%.
- Interest rate: 9% per year = 0.75% per month.
- Loan amount: 10,000 PHP.
- Because it's simple - equal monthly payments on a certain date.
- Monthly payment: We use the general formula for calculating the monthly payment of an annuity loan:
E = P (r(1 + r)^n) / ((1 + r)^n - 1)
where:
- E is the monthly payment
- P is the loan amount (10,000 PHP)
- r is the monthly interest rate (9% / 12 = 0.0075)
- n is the number of months (24)
Substituting the values:
E = 10000 (0.0075(1 + 0.0075)^24) / ((1 + 0.0075)^24 - 1)
As a result of the calculation, the monthly payment will be approximately 439.50 PHP.