Online Loans Pilipinas: Receive your loan via GCash

In today's fast-paced world, accessing financial assistance quickly and efficiently without any limit is crucial. Online Loans Pilipinas offers a seamless solution for middle-income Filipinos seeking fast loans through GCash. This innovative approach ensures that you receive your funds promptly, allowing you to address your financial needs without delay and manage your due date effectively.

Setting Up Your GCash

Before you can obtain a loan through Online Loans Pilipinas using GCash, understanding the loan process and ensuring your GCash account is fully verified is crucial. You can start by downloading the GCash app, available on both Google Play Store and Apple App Store, and follow the on-screen instructions.

To complete the verification, you will need to submit a valid ID and take a "selfie photo". This step is an essential part of the KYC (Know Your Customer) process, ensuring that your account is secure and all transactions are legitimate. Once verified, your GCash account will be
ready for seamless loan disbursements.

Downloading and Registering

Downloading and registering for GCash is straightforward. Ensure you have an internet connection and a smartphone.

  • Download the GCash app from the Google Play Store or Apple App Store.
  • Open the app and input your mobile number.
  • Enter the verification code sent via SMS to authenticate your number.
  • Fill out the registration form with your personal details, including name, address, and email.
  • Create a 4-digit MPIN (Mobile Personal Identification
    Number) to secure your account. After registration, launch the app again. This step will prompt you to log in with your mobile number and newly created MPIN. Make sure to have a government-issued ID handy, as you'll need it for the verification process, a key requirement for full account functionality.

Verifying Your Account

Verification is crucial to ensure your GCash transactions are secure and authenticated.

  • Log in to the GCash app using your mobile number and 4-digit MPIN.
  • Select "Verify Now" on your dashboard to initiate the process.
  • Choose your ID type from the list of acceptable government-issued IDs.
  • Take a clear photo of your selected ID and upload it.
  • Complete the video verification by following the on-screen instructions. This process helps secure your GCash account, ensuring you can use it for loan disbursements seamlessly. Once verified, you gain access to all features, including higher transaction limits and added security.

Be patient, as verification might take some time depending on your ID and submission quality.

How to Apply for a GCash Loan with Online Loans Pilipinas

 

 

Applying for a loan with Online Loans Pilipinas is straightforward. First, check your eligibility to ensure you meet all the criteria, then follow these simple steps to get started:

  1. Visit the Website or Download the app: Go to the Online Loans Pilipinas website or app and fill out the application form, including your name, email, address, and employment details.
  2. Provide necessary Documents: Submit a photo of your ID and a selfie to complete the verification.
  3. Select disbursement account: You can either choose bank account or E-wallet. Under E-wallet, there will be an option to select GCash, GrabPay wallet and Paymaya. Choose GCash and enter your Gcash account number.
  4. Wait for Approval: Once your application is reviewed and approved, you will receive a
    notification.
  5. Receive funds via GCash: The approved loan amount will be disbursed to your GCash
    account instantly.

Benefits of Using Online Loans Pilipinas

Online Loans Pilipinas stands out for several reasons:

  • Fast Processing: The application process is quick, ensuring you get the funds when
    you need them most.
  • User-Friendly Platform: The website is designed to be intuitive, making the loan application
    process hassle-free.
  • Reliable Customer Support: Dedicated support is available to assist you with any queries
    or concerns.

Conclusion

For middle-income Filipinos seeking a fast and reliable loan solution, Online Loans Pilipinas, in partnership with GCash, offers an excellent option. The streamlined process ensures you receive your funds quickly and securely, allowing you to manage your financial needs and interest rate with ease. Apply today and experience the convenience of GCash loan disbursement.

 

Most popular questions
Why Choose GCash for Your Loan Disbursement?

GCash is a widely-used mobile wallet in the Philippines, known for its convenience and security. By choosing GCash for your loan disbursement, you benefit from:

  • Instant Access to Funds: Once your loan is approved, the funds are transferred directly
    to your GCash account, allowing immediate access.
  • Convenience: No need to visit a bank or wait for checks to clear. Your money is available at
    your fingertips.
  • Security: GCash employs robust security measures to protect your financial information,
    ensuring a safe transaction.

 

Repayment Methods. How to repay via GCash?

Aside from receiving your loan amount using GCash, you can also use them for repayment. Repaying your online loan through GCash is straightforward and convenient.

 

You will need to transfer the required amount to the lender's account via GCash. Be sure to complete this transaction before the due date to avoid any penalties or additional charges. Staying on top of your repayment schedule not only helps you maintain a healthy financial standing, but also positively impacts your credit score and future loan eligibility. Remember, timely repayments open
doors to larger loan amounts and better interest rates in the future.

Follow these steps to repay using GCash:

  1. Log in to GCash
  2. Click Pay Bills
  3. Click Loans
  4. Choose Dragon Loans
  5. Fill out the following payment details
    Reference Number – Your 8-digit OLP Reference no.
    Contact Number - Your Mobile number with OLP
    Amount – payment amount
    Then Click NEXT
  6. Click CONFIRM
  7. You have completed your payment 

 

 

Loan calculator

I need 5,000
If you repaid on the first payment
More than 1,500,00 Filipinos trust Online Loans Pilipinas
Loan product details disclosure
Loan Term
Maximum loan period 183 days,
Minimal loan period.
Loan Limit
1,000 - 20,000₱
Interest Rate
Maximal Annual percentage rate (APR) including all commissions is 143% per year.

Representative example of full loan cost and APR: If you borrow 10,000₱ over a term of 3 months with an APR of 143%, you will pay 4,522₱ each month. The total amount payable will be 13,565₱, with a total overpayment of 3,565₱.