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Казахстан
Lender
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.

2.7

TALA's pay off

Advertiser Disclosure

How to pay back a Tala loan?

To pay a loan, you should take the following steps:

  • From the Tala Loan App dashboard, go to your Loan Details
  • Tap Make Payment
  • You will receive a prompt message with a payment request link.
  • Tap on the link to choose your preferred method to pay back your loan.
  • You can pay back a Tala loan via several payment channels: GCash, Coins.ph, 7-Eleven, Cebuana Lhuillier, or M Lhuillier.
  • You can choose to repay the full amount or make partial payments before the due date.
  • You will receive a text message with a reference number
  • Enter the reference number
  • Tap Pay
  • Wait for a payment confirmation text message.

Conditions of loan extension at Tala

Tala accepts loan extensions for customers unable to make timely payments. Tala charges a one-time 8% extension fee, and no other fees are charged to the customer, regardless of when they repay.

Early Payoff

Paying off your debt early reduces the financial burden of late repayments. You can make partial installment amounts or pay back the loan in full before the due date. Making several smaller payments helps you to pay back your loan before the due date. Early payoff allows you to avoid penalties for late payment. It can also improv your chances of getting you next loan.

FAQ

How do I make a payment on a Tala loan?

  • Customers can repay their Tala loans using 7-Eleven, GCash, Cebuana, M Lhuillier, or Coins.ph.

  • Login to you Tala app

  • Tap on the Make A Payment button

  • Enter Payment Amount

  • Tap Submit and Choose where to Repay

  • Select your preferred payment method

  • After selecting preferred payment method, proceed with inserting amount and complete the payment process.

  • You will receive a notification via SMS and the Tala app after payment.

 In case you don’t receive a notification or SMS, contact Tala via support@tala.ph

What will happen if I do not repay my Tala installment on time?

Failing to pay your installment on time attracts an additional penalty of 5% on top of your existing loan balance. You can avoid having the additional late fees by settling your loan in time.

Can Tala sue you?

Tala can take actions against loan defaulters according to the loan agreement. The company can use a third-party debt collection agencies and/or report your non-payment activities to credit bureaus.

Financial products

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.

2.6
Recommended FinScore™
0
300
650
1000
₱15,000
Rate
i

Effective interest rate on the product

0.5%
Term
i

Loan term for the financial product

61 days
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.

2.6
Recommended FinScore™
0
300
650
1000
₱15,000
Rate
i

Effective interest rate on the product

0.5%
Term
i

Loan term for the financial product

61 days

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TALA loans calculator

Calculate loan payments in TALA. Loans calculator will allow you to calculate an approximate payment schedule for the loan

TALA calculator
Interest rates are given in accordance with the rates of the TALA in Manila as of 02.12.2022
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15000 ₱
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What to pay attention to when applying for a loan at TALA?

Recommendations

What distinguishes TALA from a bank:

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All TALA’s reviews by december 2022
Leave feedback
1 reviews
Tala Loan Next
2.6
Advantages
With Tala I forget about banks and offices. Everything is in mobile, I could control my money and loan. Choose limit. I just needed driving license and phone number to register account. Online service ends up in low or no fee, and no hidden fees.
Disadvantages
For the first time you can borrow only Php 1000 or 2000. Have to repay it in time to get more money. They write about Php 15,000, but you wont have it quickly. And fees and interest for a big loan is more than it is written at the main page — info said it is calculated for Php 1000 loan, not 15,000.
Complain
2 reviews
Tala Loan Next
3.2
Advantages
Tala is an option if you need cash quickly. I urgently borrow money I needed. Downloaded the app, apply and it take 5 min to get my cash. App is essy, interface is comfy.
Disadvantages
They start to send me ad and offers like… everyday. It is too much out of control.
Complain
1 reviews
2.8
Advantages
Fast service. They say you could get money within few minutes after open the account and this is true.
Disadvantages
Mobile app is slow and clumsy. I can log in to my account, but can't use it. Smts it get me out from the acount or app. It is hard to do anythin, you'll be lucky if you can
Complain
1 reviews
Tala Loan Next
2
Advantages
It was easy to sign in. That all!!!!!!
Disadvantages
Customer service is absolutely useless. I tryed to write and call. At first they ignored me, than I got an answer but it doesn't help me. My money has stuck somewhere: I can't see it on my account. They tell me to wait! Another manager said that I should repeat the operation. But nothing happens!!! Next manager said that he will ask his boss and lift the phone. It's the horrible service ever.
Complain
Overall company rating
2.7
/ 5
4 reviews
Execution of an application
3.3
Support service
2.8
Mobile app
1.3
Service quality
3.3
Your satisfaction level
2.8

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