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Lender
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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.

Online Loans Pilipinas's pay off

Advertiser Disclosure

How to pay back a Online Loans Pilipinas loan?

Online Loans Pilipinas supports a decent number of repayment options, which are:

  • Over the Counter
  • Online banking

Steps to repay the loan through physical stores

Paying off loans over the counter using 7-Eleven or any other physical store:

  1. Use the Cliqq touch screen machine:
  2. Go to Bills Payment, click on More Bills, drag down and choose the options "Loans", and select DRAGONLOANS.
  3. Fill out the necessary details. Put your Reference Number (the number the applicant receives once the loan is approved).
  4. Get a machine-generated receipt and pay it at the counter.
  5. You will receive a payment receipt from the cashier.
  6. Keep the receipt for your reference.

If the user opts for repayment of a loan through the counter, they can choose from:

  • Dragon Loans
  • Dragon Pay
  • Bayad Center
  • Robinson's
  • LBC
  • Palawan Express

The loan repayment terms depend on the period opted by the borrower.

Steps to repay the loan through Online Banking/E-Wallet

Users can use banking services from the banking partners to repay the loan. Steps for repayment:

  1. Open your Gcash account
  2. Click on Pay bills
  3. Click on Loans and select Dragon Loans
  4. Fill out the required details and then click on Next
  5. Verify all the details and click on Confirm to proceed

With that, the payment is complete.

Supported Wallets

  • BDO Interbanking
  • GCash
  • Coins.ph
  • Paymaya
  • Shopee pay

Conditions of loan extension

The extension of loans falls under the purview of “Prolongation Service”. The loan period is extended for a period allowed by the lender. The loan may be extended for payment as per the customer’s history with the company. It is not out of place to mention that there shall be no prolongation service for installment loans.

Early payoff

  1. For loans with 7 days and 10 days term. Users cannot pay earlier than the assigned due date. One has to settle the due amount on the exact date indicated on the homepage.
  2. For loans with 15 days term. You can pay your loan after 8 days from when you received the money. Settle the due amount for the day of payment.
  3. For loans with 21 days term. You can pay your loan after 11 days from when you received the money. Settle the due amount for the day of payment.
  4. For loans with 30 days term. You can pay your loan after 15 days from when you received the money. Settle the due amount for the day of payment.

OLP repay

FAQ

How do I make a payment on Online Loans Pilipinas?

The loan applicant has 2 options to make payments:

  1. Over the counter

  2. E-wallet or Online Banking

What happens if you don't pay back Online Loans Pilipinas?

If you don’t pay back Online Loans Pilipinas, this will affect your credit score when you re-apply for the loan.

Can Online Loans Pilipinas sue you?

There is a different process that the company can opt for when the user doesn’t repay the amount.

Financial products

Online Loans Pilipinas
Online Loans Pilipinas
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
up to ₱20.000
Rate
i

Effective interest rate on the product

0,01% - 1% per day
Term
i

Loan term for the financial product

7 - 30 days

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Calculate loan payments in Online Loans Pilipinas

Online Loans Pilipinas calculator will allow you to calculate an approximate payment schedule for the loan

Online Loans Pilipinas calculator
Interest rates are given in accordance with the rates of the Online Loans Pilipinas in Manila as of 02.12.2022
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What to pay attention to when applying for a loan at Online Loans Pilipinas?

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