Getting a loan is a simple process when you understand how it works. However, there are a few important things to keep in mind when applying for a loan. You should also consider the minimum borrowing terms, the maximum interest rate, and how repayment options are offered.
Minimum borrowing terms
Getting a loan with minimum borrowing terms from Digido is fast, convenient, and hassle free. You can apply for a loan from the comfort of your home, and receive the money in a matter of minutes.
Unlike most lenders, Digido offers credit services on weekends. You can get a loan through their official app, which can be downloaded from the Google Play Store. Once you have downloaded the application, you can enter the required information. You will need to fill in your personal data and provide a valid ID. Then you will be prompted to enter your payment details.
Once you have entered your information, you will be able to view the repayment amount. You will also be asked to enter your monthly income. You will be given a total amount that you will be repaying each month.
To online loans in the philippines qualify for a loan from Digido, you must be a Philippine citizen, a resident, and have a bank account. You will also need to have a valid phone number.
Maximum interest rate
Taking a loan from Digido is a very convenient and safe way to get cash. However, there are some things you need to know before applying.
For example, you have to be a legal resident of the Philippines. You have to be at least 18 years old. You must also have an ID card and a valid bank account. You can borrow up to PHP 10,000 for your first loan. You can use the money to purchase a car, pay for your expenses, or finance your startup company.
You can apply for a loan through their website or mobile app. The website is easier to navigate, so it’s recommended to go with that option. You can find information about their promotions and feedback form on the website.
For your first loan, you can be eligible for a 0% interest rate for 180 days. You can also be eligible for 1.5% daily interest, provided you’re a repeat customer.
Repayment options
Taking out a loan through Digido is a great alternative to traditional lending methods. However, borrowers should determine their repayment options before they begin. They should also ensure that they can afford the monthly payments.
First of all, it is important to note that Digido is a fully legal company. It is also licensed as an online lender in the Philippines. It is registered with the Securities and Exchange Commission (SEC) with a Certificate of Authority (COA) number 202003056.
Digido is a very fast and easy loan service. Applications for loans are approved in as little as 24 hours. This is thanks to the company’s automated online approval system. This ensures that each and every application is processed independently.
When you apply for a loan through Digido, you will be asked to provide basic personal details. This includes your name, contact information, employment details, and income. You will also be asked to input your bank account details. You can also submit supporting documents to increase your chances of being approved.
Requirements
Whether you need to pay your bills or buy a new car, you can get a personal loan from Digido. Getting a loan online is easy.
First, you need to visit the Digido website. On the site, you will find a loan calculator. This will show you how much you are going to pay back, and how long it will take. You will also find a form for feedback. If you are satisfied with the service, you can leave a review.
If you are approved, you can receive your money within a few minutes. You can use your loan to pay off expenses or to fund a startup company. You can get up to PHP 10,000. However, the amount you can borrow depends on your credit history. If you are a regular customer, you can get up to PHP 25,000.
You will be asked to provide some of your personal data, such as your full name and date of birth. You will also need to provide a government-issued identification card.
