Fast Approval Personal Loans Philippines

Benefits of Personal Loans with Fast Approval

When those who have an immediate need for cash are caught in the trap of loan processes, their option is to look for fast cash loans so that they will be able to immediately address their needs. 

Here are the benefits of applying for a Personal Loan with fast approval:

Lesser Application Requirements

Since it is a personal loan that is expected to be approved in an instant, it requires just a few requirements to be submitted. Mostly, a government-issued ID, proof of income are the basic requirements to start with. Additional requirements may be required as needed. 

Easy Application Process

With lesser requirements and an immediate need to obtain the loan proceeds, personal loans with fast approval can be applied for online or through the branch. When the documents submitted are complete, the approval is usually completed within a few minutes to 24 hours. 

Immediate Disbursement

Personal loans with fast approval provide borrowers an opportunity to receive their cash without waiting for a long time thereby helping them to quickly address their needs and/or pay their bills on time.

5 Personal Loan Providers in the Philippines with Fast Approval

CIMB Personal Loan

Loan Features

Loan Amount: Php 30,000 up to Php 1,000,000 

Loan Tenure: 1 to 5 years 

Interest Rate: 13.47% to 23.36% per annum

Approval Period: Within 10 minutes

Blend PH

Loan Features

Loan Amount: Php 10,000 up to Php 40,000

Loan Tenure: 3 to 6 months

Interest Rate: 8% per month

Approval Period: Within 24 to 48 hours

Citibank Personal Loan

Loan Features

Loan Amount: Php 20,000 up to Php 2,000,000 

Loan Tenure: 1 to 5 years

Interest Rate: 26.90% to 30.90% per annum

Approval Period: Within 24 hours

ACOM REVOMAX Cash Loan

Loan Features

Loan Amount: Php 5,000 up to Php 500,000

Loan Tenure: 6 months to 10 years

Interest Rate: 27.38% – 54.76%

Approval Period: Within 24 hours

Cashwagon Cash Loan

Loan Features

Loan Amount: Php 7,000 to Php 20,000 

Loan Tenure: 1 month

Interest Rate: 1.30% up to 40% of the approved loan amount

Approval Period: Within 24 hours

Conclusion

Skipping long lines and waiting for your personal loan to be approved is no longer an additional worry on top of your financial concerns. In fact, Fast Approval Personal Loans in the Philippines have been consistently offered by many loan providers nowadays to help you recover from a financial crisis or simply sustain your personal needs.