Online loans made accessible and convenient for Filipinos – Manila Bulletin
In times of uncertainties and emergencies, it is always ideal to have sources of funding to meet immediate needs. Unfortunately for some, instant cash is not always available, with every peso in their finances already allocated to specific expenses and daily needs.
With the advent of technology, the public has easier access to loan services. Online loans are very similar to the traditional method of borrowing money from lenders, but with an added layer of speed and convenience.
In the Philippines, among the companies that fall into this category is the Online Loans Pilipinas (OLP) loan application. Paulo Roco, president of Online Loans Pilipinas, said what they counted on was to provide financial assistance to Filipinos when they needed it.
“While many businesses have struggled during this pandemic, Online Loans Pilipinas, however, we are very sincere in helping customers, especially during difficult times. Besides the government regulated policy, we have also offered them adjusted payment options, loan extensions and our own company extensions to help clients, ”said Roco.
“We believe that every person in the Philippines should have the opportunity to get financial assistance. And since today is 2021, it will be 100% online, paperless and as fast as 5 minutes or less, ”he added.
Roco shared that OLP offers immediate financial aid in as little as five minutes and that valid ID is required. “You can receive the money in seconds through Instapay directly to your bank account or GCash account,” the executive noted.
Payments can easily be made through accessible online channels including mobile banking, over-the-counter, Bayad centers and e-wallets.
OLP also offers zero interest rates for new customers, while repeat customers have to pay with low interest rates. Roco also shared that among the efforts they are making at OLP to provide a convenient loan process for their clients is the ease of loan applications, reducing the need to re-fill out forms and loan approvals. tedious.
“In terms of convenience, quick and easy application, the interest is reasonable as we have designed our service as a 24/7 fast payday loan,” Roco added. “Whether you don’t have a credit history or a bad credit history, you can still apply for your first loan. OLP is a quick and convenient way to build your good credit history for your future, ”he continued.
In the event that customers fail to pay their due payments on time, Roco noted that OLP has an extension period where customers are asked to pay only 30 percent of the principal amount borrowed without interest.
“Once settled, they will have an additional 30 days to extend their term with the same interest rate,” he said. Roco said OLP also has a three-day grace period with no late fees.
The OLP app is available for free download from the Google Play Store and soon to the Apple App Store. Learn more about its loan terms and services on their official website.
CONTENT SPONSORED BY PILIPINAS ONLINE LOANS.
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