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FirstPeso is one of the trusted and widely used online lending apps today. With its quick registration and information confirmation features, users can choose from various loan options with just a few taps on their phones. However, many individuals still have doubts and may not know enough about this application. Therefore, in this article, we will provide a detailed introduction to this lending app.


FirstPeso is a mobile financial application that allows users to borrow money quickly and conveniently. With FirstPeso, users can borrow from PHP 3000 to PHP 30000 with a repayment period ranging from 3 to 6 months.

The process of borrowing money through the app is entirely online, saving time and effort. The app is designed to meet users’ urgent borrowing needs in a short period, featuring a user-friendly and easy-to-navigate interface.

No complex procedures: Registering and confirming information takes only a few minutes, saving time and effort. Quick loan approval: Users can borrow money within 24 hours, helping address urgent situations. Easy repayment: Users can make payments through online channels such as Internet Banking, Mobile Banking, or direct transfer via ATM. Information security: The app ensures the safety of user information, and transactions are conducted on a highly secure platform.

Operating Procedures and Loan Conditions of FirstPeso App

To borrow money through the app, users need to download the FirstPeso application on their mobile phones and create an account. After that, they need to provide personal information and contact details to confirm their address and phone number. Once registered, users can choose the amount they want to borrow and apply for the loan online. They will receive a notification about the loan result within 24 hours after applying. If the application is approved, users will receive the loan amount in the registered bank account.

  1. Be a Filipino citizen aged 18 or above.
  2. Have a stable income and the ability to repay the loan.
  3. Have a bank account and use related services such as Internet Banking or Mobile Banking.

Interest Rates and Fees of the App

The interest rates for pawn loans from FirstPeso are calculated based on the borrowed amount and the loan duration. Specifically, the interest rates range from 1.5% to 2.5% per month, depending on the loan amount and duration. The app does not impose upfront fees or late payment fees for these loans.

When using the online loan feature of the app, borrowers won’t incur any processing fees. However, late payment fees apply if the borrower fails to repay on time. If you wish to repay the loan before the due date, there won’t be any additional charges.

Interest rates and fees at FirstPeso are calculated based on the borrowed amount and loan duration. Specifically, the interest accrues monthly and is added to the borrowed amount each month. Late fees are calculated based on the outstanding amount and the duration of delay.

The app offers competitive interest rates and fees compared to competitors in the industry. However, to ensure a safe and efficient borrowing experience, it’s advisable to compare and understand the interest rates and fees from other competitive sources before deciding to use the service.

Notes when using FirstPeso:

  • Carefully select a loan amount that aligns with your financial capacity to avoid difficulties in repayment.
  • Thoroughly understand the interest rates and fees before using FirstPeso’s services to avoid unnecessary financial losses.
  • Complete all necessary procedures and provide accurate information to ensure successful loan approval.
  • Always ensure sufficient funds to repay on time and avoid penalties and credit damage.
  • Refrain from using FirstPeso for unnecessary expenses or during financial distress.


FirstPeso is a good financial solution for those in urgent need of money. With simple registration and information confirmation, borrowing money becomes easier and more convenient than ever. Additionally, the app ensures user data safety and transactions carried out on a highly secure platform. If you urgently require a loan, consider using FirstPeso to experience the convenience and simplicity it offers.