MotorcycleLoan is an online quick loan product with a maximum approved loan amount of up to 50,000PHP
MotorcycleLoan-Quick Cash Loan
What is it about?
MotorcycleLoan is an online quick loan product with a maximum approved loan amount of up to 50,000PHP!
App Screenshots
App Store Description
MotorcycleLoan is an online quick loan product with a maximum approved loan amount of up to 50,000PHP!
MotorcycleLoan is owned and operated by Asiasource Financial Inc
Certificate of Authority No.1085
Company Registration No.CS201412567
Address:U2204C East Tower PSEC, Exchange Rd, Ortigas Center, Pasig, Philippines
Email: ezloan022@gmail.com
Maximum loan amount: 50000PHP
Minimum period: 90 days
Maximum period: 180 days
Maximum annual interest rate (APR): 18%-36%
Daily interest: less than 0.5%
Calculation example:
If you apply for ₱5,000, with a term of 180 days (6 months), an annual percentage rate (APR) of 20%, a one-time service fee of 5%, and no other fees, then you need to repay the following:
One-time service fee: 5000*5%=250
Amount of expenditure on hand: 5,000-250=47,50
Total interest expense: 5000*20%*180/360=500
Total repayment on maturity date: 5,000+500=5,500
Monthly repayment: 5,500/6=916
MotorcycleLoan supports installment loans. You need to maintain good credit and repayment habits to use our installment products. Repaying your loan on time can also increase the amount of your next loan and extend the loan period.
Loan application qualifications:
1 valid ID card
A valid mobile phone number
Filipino citizens aged 18 and above
Have a stable job
Loan application process:
1. Download our loan app and install it on your mobile phone
2. Register and log in with your mobile phone number
3. Fill in the loan application information and wait for approval
4. After selecting the withdrawal amount and payment account, the funds will be deposited into your account immediately
MotorcycleLoan is an application that provides loan services to Filipino users. You only need a valid ID to apply for a loan. The operation process on the mobile phone is simple, the application speed is fast, and the withdrawal is more convenient. The money can be transferred directly to your e-wallet or bank card. We encrypt your data to ensure the security of your information.
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