OLP – Online Loans Pilipinas (Get Fast Peso Cash Loans with 0% Interest)

19-1.0.736-google
0% interest online fast peso cash loan app for the Philippines.
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DeveloperONLINE LOANS PILIPINAS FINANCING INC.
Released onApr 28, 2019
UpdatedJul 1, 2024
Size13.37 MB
Version19-1.0.736-google
Requirements5.0
Downloads1,000,000+
Get it on Google Play

What's new

Fixed few bugs, implemented number of improvements for better user experience

Description

Looking for a quick and reliable way to get a cash loan in the Philippines? Our fast peso cash loan app (OLP) offers a 0% interest rate for new customers, making it an ideal solution for your urgent financial needs. Whether you need funds for medical emergencies, bills, or other expenses, this app provides a hassle-free and secure lending service. Here’s everything you need to know about applying for a loan and the benefits that come with it.

OLP – Online Loans Pilipinas (Get Fast Peso Cash Loans with 0% Interest)

OLP - Online Loans Pilipinas (Get Fast Peso Cash Loans with 0% Interest)

Special Offer for New Customers

As a special promotion, new customers can enjoy a 0% interest rate with no additional fees. This means you only repay the amount you borrow, making it a cost-effective option for first-time borrowers. For returning customers, loan amounts range from ₱1,000 to ₱30,000 with terms extending from 90 days to 720 days.

How Loan Costs are Calculated

Understanding how your loan costs are calculated is crucial. The formula is straightforward:

Amount to be returned = Loan Amount (1 + Loan Term * Rate / 100)

All fees are included in the total loan cost, with the Annual Percentage Rate (APR) varying between 0% to 180%. For instance, if you borrow ₱10,000 to be repaid over three months, the amount to be returned would be ₱14,500, with monthly payments of ₱4,833, resulting in an APR of 180%.

How to Apply for a Payday Loan via the OLP

Applying for a loan is simple and quick:

  1. Download the App: Get the OLP – Fast Approval Loan App on your smartphone or tablet.
  2. Select Your Loan Amount: Choose how much you need to borrow.
  3. Fill Out the Form: Complete the application form in just 5 minutes.
  4. Wait for Approval: Receive an SMS notification upon approval.
  5. Get Your Money: Funds will be transferred to your bank account or e-wallet (GCash and others) within minutes.
  6. Pesoflash Loan App Download for Android 2024

Benefits of Using Our Loan App

  • Low 0% Interest Rate for New Customers: Enjoy interest-free loans for your first application.
  • Unsecured Lending: No collateral required.
  • No Office Visits Needed: Apply and get approved from the comfort of your home.
  • Minimal Requirements: Only one ID needed, and no extra fees for first-time borrowers.
  • Quick Disbursement: Get your loan amount disbursed within 5 minutes after approval.
  • Increasing Loan Limits: Start small and gradually increase your borrowing limit up to ₱30,000.

Eligibility Criteria

To qualify for a OLP cash loan, you must:

  • Be a Filipino citizen aged 18 or older.
  • Have at least one valid ID.
  • Possess a mobile number and a job or be self-employed.

Required Documents

You only need one document from the following list:

  • Driver’s License
  • GSIS
  • SSS
  • TIN
  • Passport
  • PRC
  • UMID
  • Postal ID
  • PhilHealth ID
  • Voter’s ID
  • PhilSys ID

Additionally, you will need a smartphone or tablet with internet access and a bank account or e-wallet (GCash and others).

Common Uses for Borrowed Money

People commonly borrow money for various purposes, including:

  • Paying bills
  • Medical expenses
  • Bike repairs
  • Gifts
  • Calamities
  • Leisure activities

How to Receive Your Loan

Funds will be transferred to your bank account or e-wallet (GCash and others) almost instantly after approval.

Loan Amounts and Repayment

For first-time applicants, loan amounts range from ₱1,000 to ₱7,000. Repeat borrowers in good standing can access up to ₱30,000. Repaying your loan is straightforward:

  1. Use your reference number for repayment.
  2. Pay via e-wallets (GCash and others) or online banking using Dragonpay.
  3. Visit any 7 Eleven and use the Cliqq machine via DRAGON LOANS.
  4. Pay at Bayad Center, LBC, Cebuana, SM or Robinsons Payment Center, RD Pawnshop, and Palawan Express using Dragonpay.

Company Information

Online Loans Pilipinas Financing Inc. is registered and regulated, ensuring that you receive trustworthy service. Here are our details:

  • Address: 601 Summit One Office Tower, 530 Shaw Boulevard, Barangay Highway Hills, Mandaluyong City.
  • SEC Registration No.: CS201726430
  • Certificate of Authority: #1181
  • Email: help@olp.ph

Take advantage of our fast, reliable, and secure loan services to meet your financial needs promptly and efficiently. Download the OLP app today and experience the benefits of quick cash loans with 0% interest!

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