Jetpeso is an online loan application in the Philippines, offering a fast, simple, and secure method of borrowing money for users. By using the Jetpeso App, you can borrow money in just a few minutes by providing the necessary personal information. The app is committed to providing the quickest, easiest, and most convenient loan service for users, ensuring the authenticity of information and approving loans in a short period of time. The borrowed amount is directly transferred to your bank account or e-wallet.
Details about the loan package at Jetpeso
- Loan amount: from ₱ 5,000.00 to ₱ 30,000.00
- Loan term: From 96 days (shortest, including renewal time) to 365 days (longest, including renewal time)
- Interest rate: The maximum APR is 18% per year, 0.05% per day
- Transaction fee: Free
- Service fee: Free
Example for a loan of:
If you choose a loan amount of ₱ 6,000.00 with a loan term of 180 days
- Total interest to be paid: ₱ 6,000.00 * 0.05% * 180 = ₱ 540.00
- Monthly interest to be paid: ₱ 6,000.00 * 0.05% * 30 = ₱ 90.00
- Total monthly repayment including principal and interest: ₱ 6,000.00/6 + ₱ 90.00 = ₱ 1,090.00
- Total repayment including principal and interest: ₱ 6,000.00 + ₱ 540.00 = ₱ 6,540.00.
Conditions for loan application on the app
- Being a Filipino citizen, aged 18 and above, and below 60 years old.
- You need to have a personal bank account to receive the loan amount.
- Jetpeso requires you to have a stable job or a steady source of income to ensure the ability to repay the loan.
- Provide complete information and personal documents for identity verification.
Above are the necessary loan conditions that users must fully meet.
Loan application process at Jetpeso
Step 1: Download and install the Jetpeso app from cashloanapp.net on your mobile phone. Register and create a new account by entering your phone number and sending the OTP code.
Step 2: After registration, you will be asked to provide personal information, including:
- Full name, address, and personal ID number.
- Contact information.
Step 3: Specify the loan amount and loan term within the Jetpeso App.
Step 4: After submitting the application, the app will review your data and information. This process usually takes from 30 minutes to 60 minutes.
Step 5: If the loan application is approved, the loan amount will be directly transferred to your bank account, and you can use this amount according to your needs.
Note: The Jetpeso app will access your phone information, and you need to grant permission to the app. If you refuse, your loan application on the app will fail.
Assessing the Pros and Cons of the Application
- The app offers low loan interest rates, helping you save on borrowing costs.
- Jetpeso allows you to borrow money with just a valid ID, without requiring collateral assets.
- The app commits to a quick review and approval process for loans.
- Fast disbursement, with direct transfer to your bank account.
- No processing fees, service fees, or consultation fees.
- The app is compatible with various operating systems such as Android, iOS, and PC.
- The loan interest rates are higher compared to traditional banks and financial institutions.
- The loan limit may not meet the diverse needs of customers.
- First-time borrowers may face limitations.
- The app still has some issues and may encounter accessibility problems.
Cases of loan rejection
If you are rejected for a loan from Jetpeso, there could be several reasons. Below are some common reasons why your loan application might be denied:
- Failure to meet basic requirements.
- Inaccurate or unverified information.
- Not meeting credit review standards.
- Bad credit history or excessive debts.
- Jetpeso’s internal decision.
If your loan application is rejected, consider improving the factors mentioned above to increase your chances of success in future loan applications. You can also directly contact Jetpeso for more detailed information about the reason for rejection and other possible solutions for your situation.
Safe and reliable application
Jetpeso is committed to respecting personal privacy and customer information security. The app employs strict security measures to ensure the protection of your personal information. The company also promises not to disclose any information to any third party without your consent.
Contacting Jetpeso for support
- Working hours: 9:00 AM – 6:30 PM (Monday – Saturday)
- Company: Snapcash Lending Inc.
- Certificate of Authority No: 2658
- Company Registration No: CS201804836
- Website: https://www.jetpeso.site
- Email: [email protected]
- Phone: +63282569470
- Address: The CenterPoint Condo., Julia Vargas St., Ortigas Center, Pasig, Metro Manila, Philippines.
If you need assistance or have any questions about Jetpeso’s services, please contact the app through the provided channels of information. Jetpeso App is always ready to support and answer any inquiries with prompt and professional responses.
Above are the details about the Jetpeso app, and we hope this article will be helpful to everyone. We wish you success in applying for online loans.