Description of Topeso APK
Topeso provides online installment loan services in the form of personal peso cash loans for those in need of assistance in the Philippines. The application process may be completed entirely online, and the service is both very simple and extremely safe to use. Your application for an online loan will be reviewed and approved by a competent group of experts, who will then promptly distribute the cash.
How to get a cash loan in pesos online
Age requirements: at least 18 years old
Only one government-issued ID that is currently valid is necessary.
Maintain a solid record of credit.
If the parameters outlined above are met, you are eligible to apply for our peso cash loan whenever you want, wherever you are, and all you need is your phone.
Why Should You Go with Topeso? Advantages of applying for a loan in the Philippines online:
- App for getting loans in pesos online, which saves time
- Online loan with no requirement for collateral, known as unsecured.
- No hassle, only one ID for the online lending application, which is available around the clock.
- There are no human phone checks, and the credit assessment of the peso cash loan is done completely automatically.
- Real-time loan approval and distribution is available.
- Close-knit customer support group, here to promptly and effectively answer any issues you may have.
- You have access to a wide variety of options when it comes to taking out cash, regardless of whether you do so online or offline (for example, GCash, Paymaya, M.Lhuillier, RD Pawnshop, 7-Eleven, and many more).
How Does It Operate? How can I apply for a cash loan in pesos through Topeso, which offers online loans in the Philippines?
- Get the Topeso app for online loans in the Philippines here.
- You have three minutes to fill out the forms.
- The approval of your online loan will come either in the form of an SMS or a phone call. The results of the audit will be synchronised to APP by us.
- You can get a cash loan ranging from 3,000 to 10,000 pesos and have the money deposited into your bank account or an electronic wallet (such as GCash). Please make sure that you monitor the status of your receiving account.
What are the steps to getting your online loan in the Philippines?
Transfer money to your bank account or electronic wallet (GCash, Paymaya, or one of the many others available).
Information regarding production
Amount of the loan: 3,500 yen up to 10,000 yen
Loan period: 91days- 360days
The highest possible annual percentage rate for interest is 18.25%; the daily rate is 0.05%.
There is a service fee of 3%-9.8%. The transaction channel will collect the service fee in advance, contingent on the successful completion of the loan.
There is no cost for transactions.
Example of a loan scenario:
- If you select a borrowing limit of 8,000 yen and a repayment period of 150 days (five months), the daily interest rate will be 0.05%. The service cost is 400 (equal to 8,000 multiplied by 5%), and all other fees are 0.
- The amount that you have on hand is $8,000 minus $400, which equals $7,600
- the amount that you owe by the due date is $8,000.
- overall interest fees: 8,000 * 0.05% * 150 = 600
- monthly interest shall be paid: 8,000 * 0.05% * 30 = 120
- overall repayment bill at due date (Loan Amount + Total interest fee):8,000 + 600 = 8,600
- monthly repayment bill comprising principal and interest shall be paid: 8,600/5 = 1,720.
