You are looking to learn about SukiLoan – a new online loan application launched in the Philippines. SukiLoan is truly the perfect choice for those seeking a quick, reliable, and convenient loan solution. With SukiLoan, you can go through a simple and easy loan process with just a few steps on your mobile phone. There’s no need for face-to-face meetings, and the approval of your loan application will also be fast. SukiLoan even supports customers with bad credit, offering flexible loan amounts and reasonable interest rates to cater to your borrowing needs in the best possible way. Download the SukiLoan App now and discover its utility and convenience.
- Company Name: Hupan Lending Technology Inc.
- Registered Business Name: Hupan Lending Technology Inc.
- SEC Registration Number: CS201901197
- Certificate of Authority Number: 2879
Introducing the loan product at SukiLoan
- Loan amount: From ₱2,000.00 to ₱15,000.00. You can choose the amount that suits your personal financial needs and situation.
- Loan term: From 91 days to 180 days, allowing you to select a repayment period that matches your financial situation.
- Maximum interest rate (APR): The maximum APR is 30%. This ensures that you won’t have to bear the burden of high interest rates when borrowing money.
- Transaction fee: No transaction fees are charged, helping you save additional costs when using the service.
- Other fees: SukiLoan only charges a one-time sign-up fee and a service fee for each transaction. The sign-up fee ranges from a minimum of 0% to a maximum of 16%, ensuring transparency and fairness in fee calculation for customers.
Example of your loan:
You borrow ₱10,000 for a period of 91 days (3 months) with a 12% interest rate. Here’s how the total repayment amount is calculated: Total interest fee: ₱10,000 * 12% / 365 * 91 = ₱299.17 Service fee (10%): ₱10,000 * 10% = ₱1,000 Total repayment amount: ₱299.17 + ₱10,000 + ₱1,000 = ₱11,299.17 Monthly repayment amount: ₱11,299.17 / 3 = ₱3,766.39
Through the example above, you can clearly see the amount you will have to repay and the associated fees when borrowing money. SukiLoan is committed to providing a fast, flexible, and transparent loan service to efficiently meet your financial needs conveniently.
The Loan Application Process at SukiLoan
Loan Eligibility Criteria
To apply for a loan through SukiLoan, you need to meet the following conditions:
- Age between 18 and 60 years old.
- Stable employment and income.
- A citizen of the Philippines.
- Possession of a valid government ID.
- A valid bank account and phone number.
- Use a smartphone with internet connectivity.
Documents to Prepare
To prepare the necessary documents for the loan application through SukiLoan, you will need the following:
- Valid government ID to verify your identity.
- Employment contract or proof of income documents, demonstrating your ability to repay the loan.
- Utility bills or documents confirming your address of residence.
- Provide information about your bank account for disbursement of the loan and convenient loan repayments.
Step-by-step Loan Application Guide
Here’s a quick guide on the steps to apply for a loan through SukiLoan:
Step 1: Download and install the SukiLoan App APK/IOS from the website cashloanapp.net
Step 2: Open the app and fill in the required personal information, including your name, phone number, email, and other basic details.
Step 3: Provide information about your employment and income to demonstrate your ability to repay. Submit identity verification documents like your government ID, driver’s license, or passport.
Step 4: Link your bank account so that SukiLoan can disburse the loan amount to your account and facilitate loan repayments.
Step 5: Wait for the verification and approval process of your application. Typically, this process will take around 15 minutes. Once your application is approved, the loan amount will be disbursed quickly into your bank account.
Note: In case a customer waits for more than one day for loan disbursement, it indicates that the loan application has been rejected through the app. Therefore, individuals should explore alternative apps for their loan needs.
App Review
SukiLoan offers several attractive advantages for its users. However, the app also comes with some limitations that users should take note of. Here are some of the main pros and cons we have compiled:
Pros
- The loan application and borrowing process through SukiLoan is simple and fast. You only need a few steps on your mobile phone to complete the loan application.
- SukiLoan allows you to borrow money entirely online, eliminating the need for face-to-face meetings or visits to offices or banks.
- It specially supports customers with bad credit, providing loan opportunities for those facing credit difficulties.
- Quick loan disbursement, with funds usually deposited into your bank account within a very short time, typically within 1-5 minutes.
- Flexible repayment methods bring convenience and flexibility for customers.
- The app has a user-friendly interface, suitable for various platforms and user demographics.
- Ensures absolute security of customers’ personal information, with no buying or selling of data.
Cons
- The app’s interest rates policy might be higher compared to some banks and lending institutions currently available.
- The loan limit on the app may not meet the needs of customers with high financial requirements.
- The app is occasionally subject to glitches, operational issues, or accessibility problems.
Contact Information for SukiLoan
- Working Hours: 9am-6pm (Mon-Sat)
- Hotline: +639652360169
- Email: [email protected]
- Website: www.sukiloan.com
- Address: Executive Building, Makati Avenue, Makati, Metro Manila, Philippines
If you are using SukiLoan for online lending and need advice or assistance, please contact us through the provided channels. Our professional customer service will cater to your needs and provide the best support for you.
Conclusion
SukiLoan is a new online loan application that brings convenience to users in the Philippines. You can easily and quickly apply for a loan with just a few steps on your mobile phone. The prominent advantages of SukiLoan include its simple process, no need for face-to-face meetings, support for customers with bad credit, quick loan disbursement within 1-5 minutes, and flexible repayment methods.
SukiLoan also ensures the security of your personal information and protects transactions with SSL encryption. Experience SukiLoan today to enjoy a convenient and user-friendly online borrowing experience.
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