About company
Crezu is a fast-growing international company that boasts of the ability to serve as a conduit between you and your best possible online lending option. Regardless if you’re a student or a pensioner, whether you have a sterling or poor credit history, the platform can be helpful for all types of borrowers. This is made possible through Crezu's links with reputable financial partners in the online loan market, such as MoneyCat, CashXpress, OLP, and many more. Customers typically pick one of these partners to borrow money.
The company uses state-of-the-art technology to match your data with the best options on the market. It compares hundreds of quotes and lenders and provides you with the personal loan options that best fit your needs. Apart from that, the company offers an approval rate of 86%, and customers are sure to find what they're looking for. The loans offered are between ₱1000 and ₱25000 with minimum repayment terms of 61 days (2 months) and maximum repayment terms of 120 days (4 months). The lending rates vary from lender to lender but come within the range of 12% to a maximum APR of 36%.
Pros and cons
Crezu provides individuals with access to different loan options. However, it is always important to know the pros and cons associated.
Pros
The company provides a wide range of financial sources from reputable partners in the Philippines.
The company has simplified its requirements and procedures to apply for a loan.
The company offers a 100% online loan application process, and customers do not have to visit its branch to borrow money.
The company provides high approval rates that go up to 86% with quick disbursals.
Cons
Payment terms are relatively short, with a maximum loan term of just four months.
Maximum loan amounts may not suffice if the borrower requires a large sum.
Products
Crezu serves as a broker between individuals of the public and online lenders. The loan offers presented to a potential borrower would depend on the data given during registration. Crezu is free to use, and users can select the best loans available by using the platform. The service shortlists companies that meet these four criteria: no hidden payments, verified reputation, online credit granting, and personal data protection. By filtering the best lenders, Crezu is able to offer its only product, which is fast online loans.
Fast online loans
With Crezu, borrowers can get an online loan within a matter of minutes without the conventional requirements such as payment of fees, credit history, or other such paperworks. Crezu compares hundreds of transparent loan providers across the market to provide access to these loans, then presents you with multiple approved offers that meet your needs. Crezu, as a broker, offers access to loans ranging from ₱1,000 to ₱25,000 with a minimum repayment term of 61 days (2 months) and a maximum of 120 days (4 months).
You must be 18 to 70 years old and residing in the Philippines to apply for a loan. Regarding loan interest rates, Crezu works with lenders to arrive at reasonable times in the market. However, interest rates will vary depending on the lender in question and circumstances at the point of borrowing. Interest rates range from lender to lender in the range from 12% to a maximum APR of 36%. In terms of requirements for Crezu loans, all you need is your email, phone number, and some required government-issued documents.