Why Choose MoneyTree Quick Loan
Simple Online Application Process
MoneyTree provides a fast and easy application process that can take only a few minutes of the borrower’s time. They simply need to complete the application form and submit it through the company’s website.
Fast assessment
MoneyTree offers an online identification process that requires the borrower to send a scanned copy of the required documents and wait for a response from MoneyTree.
Simple Funds Transfer
Borrowers can conveniently get their quick loan proceeds credited directly to their bank accounts.
Borrower Requirements
To avail of this product, the borrower must meet the following requirements:
- Must be 21 years old and above.
- Must have at least two (2) valid IDs (e.g. SSS/TIN/GSIS ID, Driver’s License, Company ID, Passport, PRC ID, Postal ID)
- Last 2 payslips
- Bank statements for the last 3 months
- Proof of Billing (e.g. electricity, water utility, cable service, phone/mobile billing statement)
How To Get MoneyTree Quick Loan
At MoneyTree Quick Loan, the borrower can get the loan they need by following these simple steps.
Simply visit the website and select the amount and term of the loan they wish to avail, and then press the “Apply now” button. Fill out the form and accept the terms and conditions of the loan. Once the application is approved, the money will be transferred to the bank account of the borrower.
How to Repay MoneyTree Quick Loan
When the loan is due, borrowers may opt to use the following or any other facilities that support Dragonpay:
- PayMaya
- 7/11 Kiosks
- Direct deposit via bank
The good news is there are no prepayment fees. And should the borrower act in compliance with the contract terms and be able to repay the debt on time or ahead of schedule, the loan limit can be increased and the existing borrower will not need to fill out the form or send the documents again in case of reapplication.
Other benefits include receiving a good credit rating and discounts on future loans. But, in the event that the borrower fails to make timely payments on his/her debt, an additional 10% penalty will be imposed.
Conclusion
Indeed, gone are the days of loans being viewed as detrimental to the overall financial health of people. Borrowers still need to keep in mind that a loan is just another type of financial product, which can either be a great tool for achieving financial freedom or can become a source of financial stress if the priorities of the borrower are not set right.
Piggyy
״The secret of happiness, is not found in seeking more, but in developing the capacity to enjoy less״ - Socrates
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