1What are the basic requirements for a personal loan?

To qualify for a personal loan, you must meet the following requirements:

• You must be at least 18 years old and have a valid government ID.
• You must have a stable income source (minimum ₱8,000/month).
• You must have been employed or have a regular income for at least 3 months.
• You must not have any active bankruptcy or serious delinquency.
• Loan amounts available: ₱2,000 to ₱60,000 with terms from 90-180 days.

2How long does loan approval take?

90% of applications receive AI-powered credit decisions within 10 minutes. Funds are disbursed within 24 hours if approved before 3 PM PHT.

3What is your lowest interest rate?

Rates range from 18-30% APR depending on your credit profile and loan term. Example: A ₱30,000 loan over 120 days costs approximately ₱1,800 in total interest.

4Are there hidden fees?

Zero hidden fees. All charges are listed in your initial loan agreement.

5Can I repay my loan early?

Yes! No prepayment penalties for any loan term from 90-180 days.

6What if I miss a payment?

Contact us within 3 days via the VPlus App to avoid late fees. We offer free repayment plan adjustments for emergencies (e.g., medical/job loss).

7Are there hidden fees?

Zero hidden fees. All charges are listed in your initial loan agreement.

8How does your AI credit assessment work?

We use advanced algorithms to assess your personal creditworthiness based on your financial history, employment, and personal information. Our AI considers alternative data to help individuals with limited credit history access loans from ₱2,000 to ₱60,000.

9How long does it take to get a loan?

90% of applications receive AI-powered credit decisions within 10 minutes. Funds are disbursed within 24 hours if approved before 3 PM PHT.