1What are the basic requirements for a personal loan?

To qualify for a personal loan, you must meet the following requirements:

• You must be at least 18 years old and have a valid driver's license.
• You must have a good credit history, which means you must not have been delinquent on any payments in the past 2 years.
• You must have a good work history, which means you must have been employed for at least 1 year.
• You must have a good credit score, which means you must have a credit score of at least 600.

2How long does loan approval take?

90% of applications receive AI-powered credit decisions within 10 minutes. Funds are disbursed within 24 hours if approved before 3 PM PHT.

3What is your lowest interest rate?

Rates start from 3.85% APR for qualified borrowers with credit scores above 700. Example: A ₱100,000 loan over 12 months costs ₱8,703/month (total interest: ₱4,436).

4Are there hidden fees?

Zero hidden fees. All charges (processing fee: 1.5% of loan amount, documentary stamp tax: ₱1.50/₱200) are listed in your initial loan agreement.

5Can I repay my loan early?

Yes! Early repayment reduces total interest by 30-60%. No prepayment penalties for loans over 6 months.

6What if I miss a payment?

Contact us within 3 days via the VPlus App to avoid late fees (3% of due amount). We offer free repayment plan adjustments for emergencies (e.g., medical/job loss).

7Are there hidden fees?

Zero hidden fees. All charges (processing fee: 1.5% of loan amount, documentary stamp tax: ₱1.50/₱200) are listed in your initial loan agreement.

8How does your AI credit assessment work?

We use advanced algorithms to assess your creditworthiness based on your financial history, employment, and personal information.

9How long does it take to get a loan?

90% of applications receive AI-powered credit decisions within 10 minutes. Funds are disbursed within 24 hours if approved before 3 PM PHT.