Peralending is an online lending platform based on mobile information technology and big data analysis. We provide simple, transparent and secured loan services for Filipinos. You can receive your cash at your preferred cash-out option.

Why use Peralending?

Simple application and instant approval process allow you to borrow money immediately. To better suit your needs, Peralending offers many channels such as bank account or Padala Centers.

What do you need to do?

•Download the Peralending App on your android phone.

•Apply by filling up all the required information.

•Submit a valid government-issued ID (Driver's License, SSS ID, UMID, TIN ID, PRC ID) to complete your application. Get approved instantly!

•Upon approval, your money will be deposited directly to your preferred cash-out option.

How soon can you get the money?

Your loan will be disbursed to your preferred cash-out option within the day.

For bank cash-out, you may receive your money within 24 hours.

How much can you borrow?

Peralending offers loans of up to 12,000 PHP!

* Cash in thousands of central locations in Padala, including, Palawan Express, M Lhuillier, RD Pawnshop, or cash in your own bank account.

Loan Term:

91 days to 365 days

Minimum period: 91 days

Maximum term: 365 days

Loan Amount:

From 2,000 pesos to 120,000 pesos

Maximum Annual Rate (APR):20%

For example:

If you choose a loan limit of P6,000.00 with a term of 180 days (6 months), the daily interest rate is 0.05% . Transaction fees for ₱50, service fees and other fees to 0, then you need to pay:

Service fee: ₱6000 * 0% = 0,

Actually paid-in amount: ₱6000-₱ 50 = ₱5950,

Must pay the total interest: ₱6000.00 * 0.05% * 180 = ₱540.00,

Every month should pay interest: ₱6000.00 * 0.05% * 30 = ₱90.00,

Every month should pay the principal: ₱6000.00/6 = ₱1000.00,

Bill including should pay the principal and interest of every months of reimbursement: ₱6000.00/6 + ₱90.00 = 1090.00,

Should pay, including principal and interest of the total payments: ₱6000.00 + ₱ 540.00 = ₱ 6540.00

How to repay the loan?

Visit any branch of the following:

• 7-Eleven,

• Bayad Center

• SM Department Store, Supermarket, Payment Counters and Savemore