10+ New Fast Cash Loan Online Apps in the Philippines [Latest Update 5/2023]

In the Philippines, the popularity of online loans is skyrocketing as more and more people seek quick and convenient solutions to meet their financial needs. With the ease and speed of online loan applications, these platforms have become a preferred choice over traditional lending methods.

If you’re in need of fast cash, look no further! We’ve compiled a comprehensive list of the top 10+ online loan apps available in the Philippines today. These mobile and website applications offer seamless access to loans, enabling you to achieve your financial goals swiftly and effortlessly. Read on to explore each of these apps and discover how they can assist you today.

10+ Fast cash online loan apps available in the Philippines [Latest Update]

1. Tonik Bank: Fast and Secure Digital Banking

With Tonik Bank, a leading digital bank in the Philippines, you can access a range of retail financial products, including deposits, loans, savings accounts, payments, and cards. Tonik Bank operates on a highly secure platform, ensuring the safety of your transactions and personal information.

Key features of Tonik Bank:

Tonik Account: This primary account comes with 5 Stashes and 5 Time Deposit accounts within the Tonik App, allowing you to manage and personalize your funds efficiently.

Quick Loan: Tonik Bank offers a streamlined loan application process that takes only 30 minutes. You can borrow up to ₱50,000 with no collateral or credit history requirements. The loan amount ranges from ₱5,000 to ₱50,000, and you can choose your preferred salary payout date for added flexibility. The Tonik App provides comprehensive loan information, and the loan amount can be cashed out instantly.

Security: Tonik Bank prioritizes security, and its deposits are insured by the Philippine Deposit Insurance Corporation (PDIC). The Tonik App is equipped with robust security features to safeguard your account.

Legal Structure: Tonik Financial Pte Ltd, based in Singapore, focuses on product development and technology integration. Tonik Digital Bank Inc, the local subsidiary in the Philippines, operates as a rural bank and is regulated by the Bangko Sentral ng Pilipinas. 40% of the local subsidiary is owned by local investors, complying with local banking laws.

2. Online Loans Pilipinas: Hassle-Free Lending Solutions

Online Loans Pilipinas, a lending company in the Philippines, offers fast loans without collateral and tedious processing. The entire loan application process can be completed online, and approval is typically received within 24 hours. For loyal customers, Online Loans Pilipinas provides better loan conditions for repeat loans. Loan amounts are disbursed directly to the bank account provided during the online application.

3. Cashspace.ph: Instant Online Loans for Urgent Needs

Cashspace.ph is a trusted website that facilitates instant online loans for urgent needs in the Philippines. Although not a financial institution, bank, or lender, Cashspace.ph acts as an intermediary between clients seeking loans and licensed financial institutions.

Loans offered through Cashspace.ph have minimum repayment terms of 61 days (2 months) and maximum repayment terms of 120 days (4 months). Lending rates vary depending on the specific lender, ranging from 12% to a maximum Annual Percentage Rate (APR) of 36%. By submitting an application on the website, users agree to the terms and conditions, which include providing personal information for registration and browsing purposes.

Cashspace.ph, owned and operated by Fininity Ltd, ensures user privacy by describing the information collection process, usage, sharing practices, and security measures. Users can unsubscribe from email and SMS promotions and delete their personal data by providing their registered email address and clicking on the appropriate button.

4. Cash-Express: Fast and Easy Loans with Low Interest Rates

Cash-Express is an online lending platform in the Philippines that provides quick and hassle-free loans with low interest rates. With a focus on customer convenience, Cash-Express offers instant approval within as little as 15 minutes. Whether you need financial assistance for personal expenses or emergency situations, Cash-Express is there to help.

For new clients, Cash-Express offers an attractive 0% interest rate on their first loan. You can borrow an amount ranging from 1000 to 30000 ₱, with the maximum loan amount being 30000 ₱. The loan term is set at 30 days, giving you ample time to repay the borrowed amount.

Cash-Express understands the importance of speed when it comes to financial emergencies. They provide loans that can be availed for 7 to 14 days, depending on your cash flow and needs. The interest rate varies based on the loan amount and other factors, ensuring that you receive a fair and affordable rate.

One of the advantages of Cash-Express is their payday loans, which require no credit check and offer instant processing. This means that individuals with less-than-perfect credit scores can still have access to the financial assistance they need.

To make the loan application process even more convenient, Cash-Express has developed a user-friendly loan app. The app allows Filipinos to apply for loans from anywhere in the country, as long as they meet the requirements. This means you can easily access the funds you need, no matter where you are located.

Cash-Express is available nationwide and committed to providing reliable and transparent lending services. They prioritize customer satisfaction and aim to make the borrowing experience as smooth as possible. Whether it’s for unexpected expenses or planned financial needs, Cash-Express is a trusted platform for fast and easy loans in the Philippines.

5. Digido: Enjoy 0% Interest Rate as a New Client

Digido is a reputable online lending platform operating in the Philippines, specializing in providing instant loans of up to PHP 10,000. We take pride in offering fast personal loans with swift approval, ensuring a hassle-free borrowing experience. As a new client, you can take advantage of our exclusive 0% interest rate on your first loan.

Our application process is straightforward and convenient. All you need is a valid government ID and a bank account. With a simplified procedure, you can complete the application in just a few minutes, and our efficient processing system ensures that you receive a decision in as little as 15 minutes.

At Digido, we offer flexible loan options to cater to your specific needs. Our short-term loans range from PHP 1,000 to PHP 25,000, with a maximum limit of PHP 10,000 for first-time borrowers. You can choose a loan term ranging from 90 to 180 days, providing you with ample time to repay your loan comfortably.

As a licensed and trustworthy lender, Digido operates with full compliance, ensuring your financial security. With our extensive network of branches throughout the Philippines, you can access our services conveniently and reliably.

Experience the convenience and reliability of Digido for your lending needs. Apply now and enjoy the benefits of instant loans, quick approval, and favorable terms tailored to your requirements.

6. Kviku: Enjoy 0.16% Interest Rate as a New Client

Kviku is a leading online bank offering convenient loan solutions in the Philippines. Whether you need a loan as low as Php 500 or as high as Php 25,000, we’ve got you covered. With flexible terms ranging from 60 days to 6 months, you can choose the loan duration that suits your financial needs.

At Kviku, we prioritize efficiency and convenience. Our fully automated online service ensures that you can apply for a loan at any time of the day, and our objective decision-making process eliminates any human biases. Rest assured, you’ll receive prompt and fair decisions. Plus, our funds are transferred instantly, providing you with the financial assistance you need without delay.

Gone are the days of visiting a physical branch. With Kviku, you can submit your loan application form anytime, even outside of traditional banking hours and on weekends. Our 24-hour approval process ensures that you receive a quick response, allowing you to move forward with your financial plans without unnecessary delays.

Should you have any inquiries or require assistance, our dedicated support team is ready to help. You can easily reach us by emailing support@kviku.ph, and we promise to respond within 20 to 30 minutes, ensuring prompt attention to your concerns.

Kviku Lending Co. INC. is conveniently located at 18A Trafalgar Plaza, 105 H.V. Dela Costa Street, Salcedo Village, Makati City, the Philippines. With our accessible location, you can have peace of mind knowing that we are situated in a prominent area, easily reachable for any necessary interactions.

Experience the convenience and reliability of Kviku for your banking and lending needs. Apply today and enjoy our competitive interest rates, flexible loan options, and exceptional customer service tailored to your financial well-being.

7. PesoRedee: Enjoy 0% Interest Rate as a New Client

PesoRedee is a user-friendly online lending app designed to provide fast and accessible financial services to the people of the Philippines. Our platform offers micro and consumer financing solutions without the need for collateral and with minimal requirements, ensuring a seamless and convenient borrowing experience. Rest assured, PesoRedee is a registered and trusted entity, recognized by both the National Privacy Commission and the Securities and Exchange Commission.

As a new client, we’re pleased to offer you an exciting opportunity. Your first loan with PesoRedee comes with a 0% interest rate, provided it is repaid in full on the first payment date. This exclusive offer is our way of helping you kickstart your borrowing journey without any additional costs.

Applying for a loan is quick and effortless through our user-friendly app. Once you submit your application, our efficient system ensures that you receive a loan approval within 24 hours. We prioritize the satisfaction of our users, and we’re proud to have garnered positive reviews from our customers who have found our service to be helpful and reliable.

To provide maximum accessibility, the PesoRedee app is available for download on both Android and iOS platforms. Whether you’re using a smartphone or a tablet, you can easily access our services and benefit from our convenient features.

Experience the convenience and reliability of PesoRedee for your financial needs. Download our app today and take advantage of our 0% interest rate for new clients, flexible loan options ranging from PHP 1,000 to PHP 7,000, and loan terms spanning from 30 to 180 days. We are here to support you on your financial journey and provide you with the assistance you need, every step of the way.

8. Finbro: Enjoy 0.00% Interest Rate as a New Client

Finbro is a reputable online lending platform serving customers throughout the Philippines. We cater to individuals aged 20 to 65 years old, offering loans to those with stable incomes across the nation. Our platform ensures accessibility and convenience for borrowers in need.

As a new client, we are delighted to offer you a special opportunity. Your first loan with Finbro can range from PHP 1,000 to PHP 15,000, and it comes with a 0% interest rate. We understand the importance of providing a favorable start to your borrowing journey. For repeated loans, we consider your credit score and history, allowing you to potentially borrow up to PHP 50,000.

Finbro operates as a legal and registered service under SEC PH, ensuring compliance and your peace of mind. We are available 24/7, providing round-the-clock support to meet your financial needs. Our loan application process is simple and requires only a valid ID, streamlining the process and saving you time. We prioritize transparency, with clear and understandable terms and absolutely no hidden fees.

It’s important to note that repeated loans may have higher interest rates, which are determined based on various factors. We strive to provide fair and competitive rates tailored to your individual circumstances.

In the interest of presenting an unbiased view, we also acknowledge that there are pros and cons to using the Finbro online loan app, as mentioned in a YouTube video review. We appreciate feedback and continuously work to improve our services to better serve our valued customers.

Experience the benefits of Finbro for your lending needs. Join our satisfied customer base and take advantage of our competitive interest rates, loan amounts ranging from PHP 1,000 to PHP 50,000, and flexible loan terms spanning from 30 to 366 days. We are committed to providing you with a reliable and transparent borrowing experience. Apply now and discover the convenience of Finbro for yourself.

9. LoanOnline: Enjoy 0.00% Interest Rate as a New Client

LoanOnline is a user-friendly website that simplifies the process of applying for a one-time loan. We provide loan comparison results from reputable financial companies in the market, allowing you to make informed borrowing decisions. Our platform offers a convenient and 100% online loan application process, saving you time and effort.

With LoanOnline, you can effortlessly compare loan offers with just a few clicks. Our website aggregates and presents loan options from trustworthy financial institutions, ensuring that you have access to a wide range of choices. Our goal is to provide you with good and suitable loan offers in a short amount of time. Best of all, our loan comparison service is completely free of charge.

Borrowing money online through LoanOnline is incredibly easy and convenient. With just a phone connected to the internet, you can access our platform and begin your loan journey. We strive to make your experience with LoanOnline amazing. By providing some essential information about the loan amount and desired loan period, our loan comparison table presents you with numerous preferential loan offers from multiple financial companies.

Experience the simplicity and convenience of LoanOnline for your borrowing needs. Enjoy our 0.00% interest rate as a new client, with first loans ranging from PHP 1,000 to PHP 25,000. Our loan terms are flexible, spanning from 30 to 366 days, giving you ample time to repay your loan comfortably. Apply now and discover the seamless borrowing experience provided by LoanOnline.

10. MoneyCat: Enjoy 0.00% Interest Rate as a New Client

MoneyCat is a highly regarded online cash loan website operating in the Philippines. We take pride in offering fast approval, simple procedures, quick disbursement, and dedicated support from our professional staff. With MoneyCat, obtaining a loan is convenient and reliable, ensuring a seamless borrowing experience.

To apply for a loan, customers can easily fill out an online registration form and provide essential documents, their phone number, and a bank account in their name. Our streamlined process allows for efficient processing, saving you time and effort.

We understand the urgency of your financial needs. That’s why MoneyCat offers loan amounts ranging from PHP 500 to PHP 20,000. Once the loan agreement is confirmed through an SMS code, the funds will be disbursed to your account within 24 hours, ensuring quick access to the money you require.

At MoneyCat, we prioritize customer satisfaction. Our team consists of professionally trained staff members who are always ready to provide dedicated support and assist you throughout the loan process. We understand that your financial needs may vary, and our loans can be used for a wide range of purposes, such as paying for school fees, car repairs, or medical expenses.

Rest assured, MoneyCat guarantees a convenient and secure service. You can access our loan application platform on any device connected to the internet, providing you with the flexibility and accessibility you need.

Experience the reliability and convenience of MoneyCat for your lending needs. Take advantage of our 0.00% interest rate for new clients, with first loans ranging from PHP 500 to PHP 20,000. Our loan terms span from 90 to 180 days, giving you the flexibility to choose a repayment period that suits your financial situation. Apply now and discover the hassle-free borrowing experience provided by MoneyCat.

11. Finami: Fast and Convenient Online Loans

Finami is a trusted website offering fast and convenient online loans available 24/7. We are operated by Infinsacom kft, a registered company in Estonia and Hungary. As a platform, Finami connects borrowers with lenders, ensuring a seamless borrowing experience.

Our priority is to provide exceptional service and support to our customers. Our team consists of professionally trained staff members who are always ready to assist and support you throughout the loan process. We understand that your financial needs vary, and our loans can be used for a wide range of purposes, including paying for school fees, car repairs, or covering medical expenses.

With Finami, convenience and accessibility are guaranteed. Our service is available on any device connected to the network, allowing you to apply for a loan from the comfort of your own home.

At Finami, we offer a special benefit for responsible borrowers. If you pay back your loan on the first payment date, you can enjoy a 0% interest rate, making it even more advantageous for you. We believe in rewarding responsible borrowing habits.

When it comes to loan options, Finami provides flexibility. Our first loans range from PHP 500 to PHP 10,000, with a maximum amount of PHP 25,000. You can choose a loan term that suits your needs, ranging from 3 to 12 months, allowing you ample time to repay the loan comfortably.

Finami not only offers loans but also provides valuable financial tips. We aim to empower our customers with knowledge, including the pros and cons of online loans in the Philippines. We want you to make informed decisions regarding your financial well-being.

Rest assured, Finami values your privacy and takes the necessary measures to protect your personal information. Our website has a comprehensive privacy policy that outlines how we collect, process, and safeguard your data. Additionally, our cookies policy explains how we use cookies to enhance your browsing experience and analyze user interaction with our content.

Experience the ease and convenience of Finami for your online lending needs. Apply now and discover the advantages of our fast and reliable loan service.

Notes when applying for online loans in the Philippines

Here are some guidelines to consider when applying for online loans in the Philippines:

1. Conduct thorough research: With numerous online lenders available in the Philippines, it is crucial to conduct comprehensive research and compare various offers before selecting one. Take the time to compare interest rates, loan amounts, repayment periods, and fees from different lenders. By doing so, you can make an informed decision.
2. Clearly identify your needs: Before applying for a loan, it is essential to clearly identify the purpose for which you require the funds. Whether it is to cover a medical emergency, consolidate debt, or make a significant purchase, knowing your specific needs will help you evaluate different loan options more effectively.
3. Consider your credit score: Your credit score holds significant weight when lenders evaluate your loan application. A good credit score can potentially qualify you for lower interest rates and better loan terms. On the other hand, if your credit score is poor, you might still be eligible for a loan, but it is likely that you will face higher interest rates and less favorable terms.
4. Prepare necessary documentation: When applying for an online loan, be prepared to submit required documentation to the lender. This typically includes personal details such as your name, address, contact information, employment information, and proof of income. Depending on the lender, additional documentation such as a copy of your driver’s license or social security card may also be necessary.
5. Review the fine print: Prior to signing any loan documents, carefully read and understand the fine print. Pay attention to details such as the interest rate, repayment terms, and any applicable fees. By being aware of the terms and conditions of your loan, you can avoid any unexpected surprises in the future.

By following these tips, you can enhance your chances of obtaining approval for an online loan while securing the most favorable terms available.