Loans of May 2024 in Davao City

Loans
Apply for a loan in Davao City from companies verified by our specialists. On 29.05.2024 you have access to 10 loans with a rate of 0% per day. Increase your chances of getting money — fill out a multi-application with a free credit rating check.
Offers: 10
Updated:
04.05.2024
20:41
Mazilla
Loan
Rating by Finanso®
i

The rating by Finanso® is determined by our editorial team. The scoring formula includes a financial product type as well as tariffs, fees, rewards and other options.

Recommended FinScore™
0
300
650
1000
₱500 - ₱25000
Rate
i

Effective interest rate on the product

30% - 365% APR
Term
i

Loan term for the financial product

91 - 720 days
MoneyCat
Instant cash loans
Rating by Finanso®
i

The rating by Finanso® is determined by our editorial team. The scoring formula includes a financial product type as well as tariffs, fees, rewards and other options.

Recommended FinScore™
0
300
650
1000
₱20000
Rate
i

Effective interest rate on the product

11,9% per month
Term
i

Loan term for the financial product

6 months
DIGIDO
Instant online loans
Rating by Finanso®
i

The rating by Finanso® is determined by our editorial team. The scoring formula includes a financial product type as well as tariffs, fees, rewards and other options.

4
Recommended FinScore™
0
300
650
1000
10500.00 – 25000.00 ₱
Rate
i

Effective interest rate on the product

from 11.90 %
Term
i

Loan term for the financial product

3 days – 6 days
Finbro
Personal Loans
Rating by Finanso®
i

The rating by Finanso® is determined by our editorial team. The scoring formula includes a financial product type as well as tariffs, fees, rewards and other options.

5
Recommended FinScore™
0
300
650
1000
to 50000.00 ₱
Term
i

Loan term for the financial product

to 1 years
Kviku
Online Loan
Rating by Finanso®
i

The rating by Finanso® is determined by our editorial team. The scoring formula includes a financial product type as well as tariffs, fees, rewards and other options.

Recommended FinScore™
0
300
650
1000
500.00 – 25000.00 ₱
Rate
i

Effective interest rate on the product

to 0.16 %
Term
i

Loan term for the financial product

2 months – 6 months
TALA
Tala Loan
Rating by Finanso®
i

The rating by Finanso® is determined by our editorial team. The scoring formula includes a financial product type as well as tariffs, fees, rewards and other options.

2.95
Recommended FinScore™
0
300
650
1000
1000.00 – 15000.00 ₱
Rate
i

Effective interest rate on the product

to 0.50 %
Term
i

Loan term for the financial product

21 days – 1 months
Blend
Personal Loan
Rating by Finanso®
i

The rating by Finanso® is determined by our editorial team. The scoring formula includes a financial product type as well as tariffs, fees, rewards and other options.

3.6
Recommended FinScore™
0
300
650
1000
50000.00 – 2000000.00 ₱
Rate
i

Effective interest rate on the product

1.50 – 3.00 %
Term
i

Loan term for the financial product

12 days – 36 days
BillEase
Blissful Shopping. Easy Billing
Rating by Finanso®
i

The rating by Finanso® is determined by our editorial team. The scoring formula includes a financial product type as well as tariffs, fees, rewards and other options.

4.13
Recommended FinScore™
0
300
650
1000
to 40000.00 ₱
Rate
i

Effective interest rate on the product

to 3.49 %
Term
i

Loan term for the financial product

1 days – 12 days
CashMart
Personal Loan
Rating by Finanso®
i

The rating by Finanso® is determined by our editorial team. The scoring formula includes a financial product type as well as tariffs, fees, rewards and other options.

3.4
Recommended FinScore™
0
300
650
1000
3000.00 – 30000.00 ₱
Rate
i

Effective interest rate on the product

from 0.06 %
Term
i

Loan term for the financial product

7 days – 28 days
AEON
Personal loan
Rating by Finanso®
i

The rating by Finanso® is determined by our editorial team. The scoring formula includes a financial product type as well as tariffs, fees, rewards and other options.

Recommended FinScore™
0
300
650
1000
6000.00 – 150000.00 ₱
Rate
i

Effective interest rate on the product

to 2.95 %
Term
i

Loan term for the financial product

6 days – 12 days
Reviews
Savii
1
No comment yet coz im not yet approved in my application
Review
DIGIDO
5
very fast
Review
Kviku
4
Please address my concerns regarding my loan application and its processing...
Review
Kviku
1.6
Warning: This lender is predatory and extremely dangerous. Do not use this app for loans as they will trap you with impossible and maliciously high interest rates...
Review
Kviku
1.4
I was charged an excessive amount by KVIKU. My last loan was approved on November 25th, 2022 for 5000 pesos...
Review
Kviku
1.8
High Interest Rate. They approved my auto loan without discussing repayment options in full. Instead, they sent me a contract with scheduled payments, which is nowhere near the advertised 0...
Review

Loans in Davao City

Davao City is one of the most populous cities in the Philippines and has a thriving economy. With its growing population and diverse economy, there is a growing demand for loans in Davao City. Many financial institutions, including banks, credit unions, and online lenders, offer various types of loans to meet the financial needs of residents.

Pros and Cons

Taking a loan in Davao City has its advantages and disadvantages. On the positive side, a loan can help you meet your immediate financial needs, whether it is paying for medical expenses, home renovation, or buying a car. Loans in Davao City also come with flexible repayment terms that allow borrowers to pay back the loan over an extended period. Additionally, interest rates on loans in Davao City are relatively low, making them affordable for most borrowers.

However, taking out a loan in Davao City also has some drawbacks. One of the significant cons is that if you fail to repay the loan, it could result in high-interest rates and other penalties. It could also hurt your credit score, making it harder for you to get approved for loans in the future. Additionally, taking out loans in Davao City could lead to overspending and further debt.

Major Types of Loans in Davao City

There are several types of loans available in Davao City, including personal loans, home loans, auto loans, and business loans. Personal loans are unsecured loans that allow borrowers to access funds quickly and repay them over an extended period. Home loans are used to finance the purchase or renovation of a house. Auto loans are used to buy a car, while business loans are used to finance business operations.

How to Apply for a Loan in Davao City

To apply for a loan in Davao City, you need to choose a lender that offers the type of loan you need. Once you have identified the lender, you can visit their branch office or apply online. To apply, you will need to provide personal information, such as your name, address, and contact details, as well as documentation to verify your income and identity. After submitting your application, the lender will review it and inform you of the loan's approval or rejection.