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:
- Use the Cliqq touch screen machine:
- Go to Bills Payment, click on More Bills, drag down and choose the options "Loans", and select DRAGONLOANS.
- Fill out the necessary details. Put your Reference Number (the number the applicant receives once the loan is approved).
- Get a machine-generated receipt and pay it at the counter.
- You will receive a payment receipt from the cashier.
- 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:
- Open your Gcash account
- Click on Pay bills
- Click on Loans and select Dragon Loans
- Fill out the required details and then click on Next
- 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
- 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.
- 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.
- 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.
- 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.
