Monthly Payment Loans in San Juan

Monthly payment
Looking for the right monthly payment loan in San Juan? Our curated list includes a range of personal loan options, catering to various credit types. From those with bad credit to individuals seeking the most competitive rates, our resource allows you to compare and select the ideal online loan for your needs.
Offers: 1
Rating by Finanso®

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™
₱500 - ₱25000

Effective interest rate on the product

30% - 365% APR

Loan term for the financial product

91 - 720 days
How to apply for a Monthly Payment Loan in San Juan? Step-by-Step


  1. Flexible Repayment Periods. Monthly payment loans offer borrowers the flexibility to choose repayment periods that suit their financial situation, with options typically ranging from a few months to several years.

  2. Online Application. Many lenders in the Philippines provide the convenience of online loan applications, allowing borrowers to apply from the comfort of their homes or offices.

  3. Fixed Interest Rates. These loans often come with fixed interest rates, providing borrowers with predictability in their monthly payments throughout the loan term.

  4. Various Loan Amounts. Borrowers can access a range of loan amounts to meet their specific financial needs, whether it's a small amount for immediate expenses or a larger sum for significant investments.

  5. Unsecured Nature. Monthly payment loans in the Philippines are often unsecured, meaning borrowers don't need to provide collateral, making them accessible to a broader range of individuals.

  6. Credit Score Consideration. Lenders may consider the borrower's credit score during the application process, influencing the interest rate and loan amount they can qualify for.

How to Get a Monthly Payment Loan in San Juan?

Apply for a loan

  1. Check Your Credit Score. Before applying, it's advisable to check your credit score. While some lenders offer loans to individuals with varying credit histories, a good credit score may improve your chances of securing favorable terms.

  2. Determine Loan Amount and Monthly Payments. Calculate the amount you need and the monthly payments you can comfortably afford. This step helps you choose a loan that aligns with your financial capacity.

  3. Research Lenders. Explore various lenders, including traditional banks like BPI and online platforms such as Cashalo or Tala. Compare interest rates, repayment terms, and customer reviews to find a reputable and suitable lender.

  4. Gather Necessary Documentation. Prepare the required documents, which may include proof of income, valid government-issued ID, and any additional documents specified by the lender. Having these ready can expedite the application process.

  5. Apply Online or In Person. Depending on the lender, you can either apply online through their website or visit a physical branch. Online applications are often convenient, allowing you to submit documents electronically.

  6. Complete the Loan Application. Fill out the application form accurately, providing all required information. Be honest about your financial situation and ensure that the details match the supporting documentation.

  7. Undergo Credit Check. Be prepared for a credit check, as many lenders assess your creditworthiness before approving a loan. This check may impact your credit score temporarily.

  8. Wait for Approval. After submitting your application, patiently wait for the lender's decision. Some online lenders offer quick approvals, while traditional banks may take longer.

  9. Review Loan Terms. Once approved, carefully review the loan terms, including interest rates, repayment period, and any associated fees. Ensure you fully understand the terms before proceeding.

  10. Accept the Loan Offer. If satisfied with the terms, accept the loan offer. This may involve signing an agreement, either digitally or in person, depending on the lender's procedures.

  11. Receive Funds. After accepting the offer, the lender disburses the loan amount to your designated bank account. Be mindful of the processing time, which can vary among lenders.

Requirements and Conditions


  1. Proof of Identification. Borrowers typically need a valid government-issued ID, such as a driver's license, passport, or social security ID, to establish their identity.

  2. Proof of Income. Installment loan lenders may require proof of a stable income, such as recent pay stubs, employment certificates, or income tax returns, to assess the borrower's ability to repay the loan.

  3. Credit History. While some lenders provide loans to individuals with varying credit histories, others may have specific credit score requirements. Borrowers should be prepared for a credit check during the application process.

  4. Completed Application Form. Applicants must fill out a loan application form accurately, providing essential personal and financial information.

  5. Bank Account. A valid and active bank account is often necessary for the disbursement of loan funds and for setting up automatic monthly payments.

  6. Age Requirement. Borrowers must meet the minimum age requirement, typically 21 years old, set by most lenders in the Philippines.

  7. Residency Status. Lenders may require proof of residency, such as utility bills or other documents, to verify the borrower's address.


  1. Interest Rates. Lenders specify the interest rates applicable to the loan. The rate may be fixed or variable, depending on the terms of the loan agreement.

  2. Repayment Period. The repayment period outlines the duration within which the borrower must repay the loan. Monthly payment loans often offer flexible repayment periods, ranging from a few months to several years.

  3. Loan Amount. Lenders specify the maximum and minimum loan amounts they are willing to provide based on the borrower's financial profile.

  4. Fees and Charges. Borrowers should be aware of any associated fees and charges, such as processing fees or late payment penalties. Transparent lenders provide clear information about these costs.

  5. Automatic Payments. Many lenders encourage or require borrowers to set up automatic monthly payments through their bank accounts to ensure timely repayments.

  6. Prepayment Options. Some lenders may allow borrowers to make early repayments or settle the entire loan amount before the specified term without incurring prepayment penalties.

  7. Loan Security. Loans with monthly payments in the Philippines are often unsecured, meaning borrowers don't need to provide collateral. However, some lenders may offer secured options with collateral, such as a car or property.

  8. Loan Approval Timeframe. Lenders specify the expected timeframe for loan approval and disbursement of funds. Online lenders often offer quicker approval processes compared to traditional banks.

  9. Refinancing Options. Certain lenders may provide opportunities for borrowers to refinance their loans, potentially securing better interest rates or adjusting repayment terms.

  10. Credit Score Consideration. Lenders may consider the borrower's credit score during the application process, influencing the interest rates and loan amounts offered.

Ways to Receive the Money in San Juan

  1. Bank Transfer. Many lenders disburse loan funds directly into the borrower's designated bank account. This is a common and convenient method, as it allows for quick and secure access to the funds.

  2. Check Issuance. Some lenders may provide loan funds through a check, which the borrower can then deposit into their bank account. This method is less common than electronic transfers but remains an option for certain lenders.

  3. Online Platforms. For loans obtained through online lending platforms, funds are often transferred electronically to the borrower's bank account or mobile wallet. This aligns with the digital nature of online loans.