Applying for a Personal Loan at eCompareMo is Fast & Easy
Here are three reasons why you should apply for a personal loan at eCompareMo
Quick Online Loan Application
It only takes a few minutes to find and compare low interest personal loans.
Get Multiple Offers
We’re partnered with the best and trusted banks and loan providers in the country.
Choose & Apply for a Loan Online
Once you find the low interest personal loan for you, online loan application is fast and easy.
Find the Best Personal Loan in the Philippines
There are several ways to get a cash loan online. But with eCompareMo, you’ll get the best personal loan offers by comparing and applying for a personal loan loan online.
What is a Personal Loan and How Does It Work?
A personal loan is an unsecured type of loan, which means that it does not require a collateral such as your car or your house to get approved. That said, the chances of getting your loan approval is easier and funds can be released in just a few days.
Personal loans come with terms that are usually pretty simple. When applying for a personal type of loan, you will be sealing an agreement with the lender that you will repay the loan with fixed monthly installments, which typically last from 12 months to 60 months (1 to 5 years).
When and Why Should I Get a Personal Loan?
One of the many reasons people take out a personal loan is to finance a big-ticket purchase, such as a gadget, furniture, appliance, or as down payment or financing for a car.
But you can also apply for a personal loan if you need funding for a business venture, an emergency fund, to pay for your credit card, financing home improvements or renovation, tuition fee, medical expenses, and travel fund.
Learn More About Personal Loans
Take a closer look at why personal loans have become one of the preferred financing options.
Key points you need to know about Personal Loans
Know all the important things about a personal loanKey Things To Know About Personal Loan
Types of Personal Loan
Read the following loan types to know which personal loan suits your interest best.Types of Personal Loan
How To Apply For Personal Loan In The Philippines?
Here is the basic personal loan application process in the PhilippinesHow to Apply for Personal Loan Philippines
Personal Loan Calculator
Use the loan calculator as a guide for borrowing.What is a Loan Calculator
How To Get Approved for Personal Loan In The Philippines?
If you’re planning to apply, here are some useful insights that might help you pass that background check and quickly get an approval for your loanHow To Get Approved For Personal Loan In The Philippines
Top Personal Loan Provider in the Philippines
Here are the country’s leading banks and lending companies.See all loan providers
Frequently Asked Questions About Personal Loans
Have questions about personal loans? We have the answers here.
- Personal loan
- Home loan
- Auto loan
- Business loan
- OFW loan
- Government loan (SSS loan, Pag-ibig loan, GSIS loan)
- Chinabank Savings Easi-Funds Personal Loan
- EastWest Bank Personal Loan
- Leverage Personal Loan
- Welcome Finance Personal Loan
When applying for a personal loan, you need to first check your qualifications before you proceed with the application.
- Compare your options
- Find a lender
- Check the eligibility criteria
- Complete the necessary documents
- Answer the credit investigators with all honesty
- Wait for the lender’s feedback
Make sure that you are eligible for a loan application before applying for one. Check these requirements:
- Must be a resident of the Philippines with a valid Philippine billing address
- Must be at least 21 years of age or older
- Must have an annual income that meets the requirements of the chosen lending company
- Must have a postpaid landline or a postpaid mobile phone under your account
- Must have a Tax Identification Number (TIN) and SSS/GSIS No.
Yes, you can. We have personal loan partners that only require at least ₱15,000 monthly income to apply for a personal loan. Compare now and see which loan provider is best for you.
You may get as much as four times your gross monthly income, with a minimum amount of ₱20,000 to ₱3-M maximum, subject to approval.
The period of time for the loan payment will depend on your chosen amount and payment term.