Pls try to avoid loaning sa app na ito because they are very unprofessional and lowkey nananakot pa. Delayed ako one day sa due date ko because ang hirap ng signal sa probinsya and malakas pa ulan kaya hirap ako makapagsend on that day, pero grabe sila kung makatawag, nagtext pa na they will take legal action if balewalain ko daw obligasyon ko na magbayad and will contact all my reference numbers. Like wow, good payer ako sa kanila eversince and that was the only time na na delay ko and 1 day lang pero kung maka text and tawag sobra. Very unprofessional nyo! Sec registered pero ganyan inasal nyo? Kahit legit bank nga na pass due date ka na, friendly pa rin kanilang approach and manner pero kayo na loan sharks ang sasama ng ugali nyo. Not to mention very high interest

Pesoloan is a prime example of predatory lending practices that blatantly disregard consumer protection laws in the Philippines. The exorbitant interest rates they impose are not just unethical but also illegal under Republic Act No. 3765, the Truth in Lending Act, which mandates transparency and fairness in lending practices.My experience with Pesoloan was nothing short of a financial nightmare. Upon reviewing the terms hidden in the fine print, I discovered an interest rate that far exceeded what is legally permissible. This is a clear violation of Republic Act No. 7394, the Consumer Act of the Philippines, which protects consumers from deceptive or unconscionable sales acts and practices.It's appalling that Pesoloan operates with such impunity, preying on vulnerable individuals in desperate need of financial assistance. Their lack of compliance with these essential laws is not just concerning but merits immediate action from regulatory authorities. Consumers deserve better than to be subjected to these exploitative practices.I urge anyone considering Pesoloan's services to think twice and explore more reputable and lawful alternatives. Additionally, it's crucial to report such flagrant violations to the appropriate authorities to protect others from falling victim to these predatory tactics.

I have always been a good payer. Hindi pa ako na delayed sa pagbayad sa kanila. I even paid them in advance. Pero last month, di ko kaya mag bayad ng buo so binayaran ko ang extension fee nila na 2,882. Take note, I was only able to borrow 13,100. After few days, binayaran ko na ang whole amount plus interest so total na binayad ko is 17,712. Take note, ang due date ko is sa Dec 2 pa but I paid them a month earlier than that. So ang total na binayad ko sa kanila ai 20,594. After ako mag bayad, walang increase sa credit limit ko. Nag reloan ako ng 13,100 but rejected. Nakakagulat. Even if you are a good payer, kahit wala kang bad credit history sa kanila, di cya guaranteed na e aaprove ang next loan mo. So kong mag loan ka man sa app na to, you better not. Mas marami pang online app na maganda pa dito. You are just wasting your time with them. They dont reward people na my good credit sa kanila.

Don’t bother trying to get a loan here. The interest is very high, and even if you’re just one day late, they’ll charge you a lot. Even if you’re a good payer and always on time, they don’t increase your credit limit as you’d expect. As of now, I was late with my payment, and in just 7 days, they’ve been bombarding me with texts and calls — and the interest is already excessive, even though I’ve been a good payer. They even call you just to demand payment in a rude manner. I lost interest in dealing with them because the interest charges are too much, there’s no increase in credit limit, and they also deduct a big portion from your principal loan amount.