What is PRIMA LOAN-Online Peso Lending

The information on the company of PRIMA LOAN is as follows:
Full Legal Corporate Name: Prima Fintech (Philippines) Lending Corporation
Registered Business Name: Prima Loan
PSEC Registration NO. CS201951100
Certificate of Authority (CA) NO. 2917

Prima Fintech (Philippines) Lending Corporation is a legally registered lending company in the Philippines, whose products comply with the policies and regulations, and all business activities are subject to the policies.

PRIMA LOAN offers installment online lending in the form of personal peso cash loans for emergency help in the Philippines, fully online application and very easy & secure to disburse cash ASAP.

FQA: Conditions of Online Peso Cash Loan Application Service

How to apply for easy Peso Cash loans online through PRIMA LOAN-Online Peso Lending?
➠A very quick process to get a cash advance.
√ using your smartphone
√ Download the PRIMA LOAN-online peso lending
√ Choose your cash loan limit
√ Fill out the form within 5 minutes
√ Wait for SMS approval about your online Peso Cash loan application
√ Get ₱1,000 of funds to your bank account or e-wallet (GCash, PayMaya, GrabPay, Shopee Pay), as a first-time applicant.

Advantage
√ Absolutely low 0.095% interest rate for every new applicant.
√ No collateral - unsecured loans.
√ No need to spend time in the office to visit.
√ No inconvenience, just use an ID card.
√ No other fees for first time applicants. No fees to pay except for the loan amount.
√ Instant disbursement within 5 minutes of approval.
√ Membership growth with increasing credit, from ₱1,000 - ₱15,000. If you keep a good record, the credit will keep growing.

Who can get an online Peso Cash loan
√ Any Filipino citizen who has attained the age of 18.
√ Have at least one ID card and a cell phone number.
√ Have a job or be self-employed.

What are the requirements to get an online Peso Cash loan?
Only 1 ID. Select from the list. Driver's License/GSIS/SSS/TIN/Passport/PRC/UMID/Postal ID/PhilHealth ID/Voter ID/PhilSys ID.
Smartphone
Bank account or e-wallet (GCash, PayMaya, GrabPay, Shopee Pay).

Borrow money for what purpose?
- Bills.
- Medicine.
- Bike repairs.
- Gifts.
- Disaster.
- Leisure.

How to receive your online Peso Cash loan?
Deposit the money into your bank account or e-wallet (such as GCash, PayMaya, GrabPay, Shopee Pay).

How much Peso Cash loan limit can I lending?
We currently offer an initial credit of ₱1,000 for first time applicants.
Repeat borrowers with good credit can borrow up to ₱15,000.

Loan Information&Examples:

- Loan amount: ₱1,000-₱15,000
- Loan term: 91 days (shortest), 180 days or 365 days (longest)
- Maximum Annual Percentage Rate (APR): 34.67%
Fees:
Payment Channel fee: Charge by third party
Transaction Fee: 0
For Example:
91-days(3 months) loan with interest rate of 34.67%, and principal amount is ₱1000
Total Interest fee: ₱1000*(34.67%/365*91)=₱86.45
Service fee: ₱1000*0%=₱0
Total repayment due: ₱1000+₱86.45=₱1086.45
Monthly repayment due: ₱1086.45/3=₱362.15


■Privacy and Permissions
Your privacy is very important to us. We will scan your government-issued ID and other information to verify your identity and Credit Profile. Your personal info will never be shared without your direct and explicit permission.

➠For More Information:
PRIMA LOAN-Online Peso Lending is a product of Prima Fintech (Philippines) Lending Cooperation (SEC Registration No. CS201951100. CA No. 2917). Prima Fintech is a legally registered lending company in the Philippines, whose products comply with the policies and regulations, and all business activities are subject to the policies.
If you have any loan questions, please contact us
Email: [email protected]
Website: https://www.primaloanplus.com/
Working time: 8:30-17:30(Monday-Saturday)
Address: 1 Jade Drive Ortigas Center, San Antonio, Pasig, Metro Manila, Philippines

Recent changes:
In this release, we have added several new repayment methods, such as GCASH pay to link. We have optimized the user experience when making repayments, reducing the cumbersome steps of manually filling in the repayment reference number.