Annual Percentage Rate (APR) is a measure of the cost of credit, expressed as a nominal yearly rate. It relates to the amount and timing of value received by the consumer to the amount and timing of payments made. We cannot guarantee any APR since we are not a lender ourselves.
An APR can generally run between 6 up to 35. Loan products general have a 2-month minimum repayment term and a 84-month maximum repayment term. Before accepting a loan from a lender within our network, please read the loan agreement carefully as the APR and repayment terms may differ from what is listed on this site. Repayment Terms. Loans include a minimum repayment plan of 2 months and a maximum repayment plan of 84 months.
To help you decide which lender to go for when applying for salary loan in the Philippines using your credentials as an employee, here is a list of pros and cons. This list is based from our experience in the lending industry for more than 3 years now (2015).
Frankly, from the list that appears in the picture above, all banks usually offer the lowest interest rate. The only problem with these financing institutions is that they usually take longer to process your application for credit. Luckily, today, banks found a way to make the process much faster compared a few years back.
On the other hand, private lending companies (which we have listed below) offer higher interest rate but a much faster approval and release of loan proceeds.
Indeed, whether you choose to do traditional pawning or opt online transactions, Cebuana Lhuillier has got you fully covered. In just a few, simple and easy steps, you can get quick cash to help you. Were Committed To Service, Speed Security. Connect with a Helpful Lender. We commit to connecting you with an approved lender.
We also made the process simple. No need to visit hundreds of websites and fill out numerous paperwork. The Need for Speed.
Our online service readily serves your need to connect with a lender.