PeraMoo Loan – PeraMoo is a cash loan service in the Philippines that provides a fast and user-friendly application process. Providing flexible financial support, PeraMoo caters to various needs with multiple term and interest rate options. Despite being new, PeraMoo has quickly gained trust and satisfaction among users.
Why Choose PeraMoo?
Flexible Loan Amounts and Terms
PeraMoo offers a range of loan amounts from ₱2,000.00 to ₱100,000.00 and flexible repayment terms from 91 days to 360 days. This variety allows borrowers to choose the loan amount and repayment period that best suits their financial situation.
Competitive Interest Rates
With interest rates ranging from 10% to 26%, PeraMoo provides affordable borrowing options. Lower interest rates help in reducing the monthly payments, making it easier for borrowers to manage their finances effectively without the burden of excessive interest charges.
Quick and Easy Application Process
PeraMoo’s application process is designed to be quick and user-friendly. The entire process can be completed online, eliminating the need for physical visits to a branch. With a straightforward application form and minimal documentation requirements, you can apply for a loan from the comfort of your home and receive approval swiftly.
Transparent Policies
Transparency is a key principle at PeraMoo. All terms and conditions are clearly communicated to borrowers, with no hidden fees or unexpected charges. This transparency builds trust and empowers borrowers to make informed financial decisions.
Strong Customer Support
PeraMoo prides itself on providing excellent customer support. Whether you have questions about the application process, need assistance with repayment options, or require financial advice, the customer service team is readily available to help, ensuring a positive borrowing experience from start to finish.
Security and Confidentiality
The security of your personal and financial information is a top priority at PeraMoo. The company uses advanced encryption technologies to protect your data, ensuring that your information remains confidential and secure throughout the loan process.
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Interest Rate Example
Illustrative Example
- Loan Amount: ₱7,000.00
- Annual Interest Rate: 18%
- Loan Duration: 150 days
Interest Calculation: Monthly Interest Fee = ₱105 Service Fee = ₱560 Total Interest = ₱105 × (150/30) = ₱525
Total Repayment: Principal = ₱7,000.00 Total Fees = ₱525 + ₱560 = ₱1,085 Total Amount to Repay = ₱7,000.00 + ₱1,085 = ₱8,085.00
By the end of the loan period, you need to repay ₱8,085.00.
Eligibility Criteria
Citizenship and Age
Ensure you are a Filipino citizen aged between 18 and 50. This age range ensures that applicants are within the working age group and have the potential to repay the loan.
Income and Employment
Demonstrate that you have a stable source of income. This proof is crucial as it indicates your ability to repay the loan responsibly. Having a stable job assures the lender that you have a consistent source of income to cover the loan repayments.
Identification
Gather your full ID and other personal information. This step involves providing accurate and complete identification documents to verify your identity and eligibility for the loan. Acceptable forms of identification include government-issued IDs such as a passport, driver’s license, or national ID card.
Contact Information
Have a valid phone number ready. This number will be used for communication and updates about your loan application. Providing a valid and active phone number ensures that PeraMoo can easily reach you for any necessary information or updates regarding your loan status.
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Bank Account Details
Ensure you have official bank account information available. This detail is essential for the disbursement of loan funds and setting up a repayment plan. Having a bank account allows PeraMoo to deposit the loan amount directly and facilitates the automated repayment process.
Application Steps
- Download the App: Download the PeraMoo app from Google Play Store or App Store.
- Register Your Information: Fill in personal information correctly.
- Verify Your Account: Follow verification steps within the app.
- Select Loan Amount: Pick the loan amount that meets your needs.
- Wait for Approval: Swift application review.
- Receive Funds: Funds transferred directly to your bank account.
Contact Information
For further assistance, you can contact PeraMoo at:
- Email: [email protected]
- Phone: 09656427825
- Address: 1806 Cityland Pasong Tamo Tower, 2210 Chino Roces Ave, Pio Del Pilar, Makati City, Philippines.
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Conclusion
PeraMoo has become a notable player in the Philippines’ personal finance market by offering flexible and convenient borrowing solutions. Its straightforward application process, rapid approval via a modern automated system, and same-day disbursement make it an ideal choice for those needing quick financial assistance. This combination of efficiency and ease ensures that PeraMoo meets urgent financial needs effectively.