Features Direct Loan - Loan for OFWs
Direct loan is your partner for a cash loan.
We strive to provide convenient and friendly credit loan service to Filipinos.
Easy loan application, get pesos funding, and improve your family life in the Philippines.Product Introduction:Loan Amount: ₱ 5,000.00 – ₱ 100,000.00Loan Term: 91 days (shortest, including renewal time) - 365 days (longest, including renewal time)Maximum APR: 30% per year Disbursement Fee: 0Other Fees: we will charge one time Processing Fee, Guarantee Fee (per month), and Service Fee (per month).
Minimum 0%, Maximum 5%Example Fee:180-day loan with interest rate of 12%, and principal amount is 20000Interest: 20000*12%= ₱ 2400Processing Fee: 0.2% 20000*0.2% = ₱ 40Service fee: 0.2% per month, 10000*0.2%*6 = ₱ 240Guarantee Fee: 0.2% per month, 10000*0.2%*6 = ₱ 240Total payment is ₱ 22920 (20000*12%/12*6 + 20000*0.2% + 10000*0.2%*6 + 10000*0.2%*6 )Why choose Direct Loan?Direct Loan is a convenient peso online loan App, that offers all the basic features available in any other loan app:Simple, Easy, and Fast process;Easy Approval and Fast lendingLow-Interest Rate High Loan AmountLong-term Payment OptionsRepayment by InstallmentsWho can borrow?Direct loan is one of the online loan app for Filipinos.
If you are over 18 years old, have a valid mobile phone number, and have a stable source of income, you can come to Direct Loan to loan money with 2 Valid IDs.
We will increase the limit and loan period based on your credit score!
The more data you provide, the higher your credit score.Our Vision: Direct loan, For A Better WorldDirect Loan APP provides instant personal loan help for your urgent cash needs.
Our fast cash loan has the automation function online, only 2 Valid ID is needed, which offers you a loan in as fast as 3 minutes after approval.
Direct Loan provides you with quick loan approval and strives to be the best loan app.Company information:SEC Company Name: iDIRECT FINANCE COMPANY, INC.
doing business under the name and style of Direct LoanBusiness Name: Direct LoanSEC Registration NO.2021080023709-02Certificate of Authority NO.F-21-0010-64Contact UsFor questions, feedback, or concerns, please contact us via the following methods:Website: https://www.directloan.ph/Facebook: https://www.facebook.com/iDirectFinanceEmail: [email protected]: 26th Floor The Podium West Tower ADB Ave Ortigas Center Mandaluyong, PhilippinesNote: Always study the terms and conditions and the disclosure statements before proceeding with any transaction.
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Available for Android 8.0 and above