PesoRedee PH is a digital financial platform that offers a new way for Filipinos to access loans. Without the need for collateral or long waits, you can apply for a fast loan around the clock.
If you need urgent funds, just apply now and get approved within 24 hours! With PesoRedee, there is no need to go through tedious processing or provide collateral – just fast and convenient access to cash.
PesoRedee PH is a loan provider leveraging financial technology to streamline and simplify the lending process. Their entire operation is conducted online, eliminating the need for physical visits or navigating a complex approval procedure.
Their primary focus is on delivering swift and straightforward financial solutions to Filipinos, without any requirement for collateral or protracted waiting periods. Furthermore, PesoRedee continually explores novel and inventive approaches to meet their customers’ needs and offer top-notch loan products.
With a dedicated commitment to transparency and upholding rigorous business ethics, PesoRedee is unquestionably a trustworthy company you can rely on.
To meet the legal obligations, any financial institution conducting operations in the Philippines is required to secure the appropriate authorization from the Securities and Exchange Commission (SEC), responsible for supervising and governing financial activities in the nation.
You can access a comprehensive roster of accredited companies, thoroughly evaluated and considered reliable by the SEC, on their official website:
Our examination indicates that PesoRedee has satisfied all requisite criteria and complies with the rigorous regulations set forth by the SEC.
To be eligible for a PesoRedee loan, you must satisfy the following conditions:
The credit limit or maximum loan amount accessible through PesoRedee is contingent upon several factors, including your creditworthiness, income, and repayment history. The specific borrowing amount may differ from person to person. To ascertain your precise credit limit, you will need to complete the application process and receive an offer tailored to your individual circumstances.
It is important to note that while the advertised maximum loan amount is PHP 30,000, the offered loan amount is determined by your eligibility, and responsible borrowing and prompt repayments can contribute to increasing your credit limit over time.
Interested in the initial loan amount available through PesoRedee and how much you can borrow for your first loan? For first-time applicants, the initial loan limit with PesoRedee typically falls within the range of PHP 1,000 to PHP 7,000. When considering your borrowing capacity for your inaugural loan with PesoRedee, the range is influenced by various factors, including your creditworthiness and other eligibility criteria.
Once your loan is approved, you can expect to receive the funds within 5 minutes via InstaPay, ensuring swift access to the funds you require for your first PesoRedee loan.
For borrowers with a strong payment history like yourself, PesoRedee extends the opportunity to obtain a second loan, commonly referred to as a «reloan».
Curious about the amount you can borrow for a Pesoredee second loan? You can access up to PHP 30,000. PesoRedee welcomes repeat loans and streamlines the process for your convenience.
To apply for your PesoRedee 2nd loan, simply click the ‘Repeat Loan’ button on the PesoRedee loan application/website or follow the link provided in the SMS notification. This makes obtaining your desired Pesoredee reloan as easy as a few clicks.
In the event of unforeseen circumstances beyond your control and not attributable to you, PesoRedee offers the option of a Pesoredee loan extension. This extension allows you to prolong your payment due date by an additional 14 days, offering valuable flexibility during challenging times.
If you’re wondering how to request an extension for your PesoRedee loan, the process is straightforward. Contact customer support, and they will guide you through the steps to request a Pesoredee payment extension. We understand that life can present unexpected challenges, and this option is designed to assist you during such moments.
If you wish to apply for a loan through PesoRedee, please adhere to these straightforward instructions:
By following these uncomplicated steps, you can swiftly and conveniently apply for a loan with PesoRedee.
To begin with, PesoRedee provides an attractive interest rate structure. This fintech firm places a strong emphasis on transparency, ensuring that you are fully aware of your interest costs right from the start. Your specific interest rate may vary depending on your creditworthiness and the particular type of loan you are seeking. PesoRedee PH customizes its rates to suit your individual circumstances, ensuring that you receive a fair and tailored offer.
We will guide you through the details of PesoRedee Philippines’ loan interest rates, enabling you to make informed choices regarding your financial requirements.
|Loan Type||Interest Rate||Specifics|
|First Time Applicant||0% interest rate with no service fee||
|Repeated Loan/Installment Loan||11,9% per month with 143% APR||
Once your loan application is approved by PesoRedee PH, it’s important to note that, in normal circumstances, canceling the loan or refusing the disbursement of funds without prior approval is not a straightforward process.
If you’re wondering how to cancel a loan with PesoRedee, please keep in mind that any associated charges or fees for cancellation or prepayment must receive approval from the lender. The decision to approve or deny such a loan cancellation request is at the discretion of the company, based on what they consider most suitable for the situation. If you have inquiries about the loan cancellation process at PesoRedee, do not hesitate to contact their customer support for guidance and assistance.
Boosting your PesoRedee loan limit is a simple process that offers you greater financial flexibility when needed. Here’s a brief guide on how to expand your PesoRedee loan limit:
Failure to make timely payments on your PesoRedee loan can result in the following:
To prevent these consequences, it is advisable to communicate with PesoRedee if you encounter difficulties in making payments. They may offer solutions such as loan restructuring to assist you in effectively managing your loan.
Regarding the service fee, it is explicitly stated in your loan application and should be paid alongside the loan principal, interest, and any other fees outlined in your Notice of Approval. Here’s some good news for first-time applicants: you won’t need to be concerned about any PesoRedee processing fees. As for all applicants, you have the option to select your preferred method of receiving funds through third-party channels. However, please be aware that the method you choose may come with additional fees, so opt for the one that best suits your preferences.
Customers have consistently awarded PesoRedee Philippines with high ratings and provided positive feedback.
PesoRedee is committed to improving credit services for the people of the Philippines and places a strong emphasis on delivering exceptional customer assistance. While there isn’t a dedicated PesoRedee Philippines hotline available, you can easily reach their customer support team through live chat during their convenient office hours, which are from 8:00 am to 5:00 pm, Monday through Friday. Additionally, you have the option to contact them via email at [email protected].
Applying does NOT affect your credit score!
No credit check to apply.