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Updated
18/02/2024
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1.9.4
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Description

Are you facing financial difficulties and looking for a quick loan with favorable interest rates? Then Madali Loan is the perfect suggestion for you. With just an identity verification document, you can borrow money very quickly and receive it in your bank account within 20 minutes. Find out more about the quick loan app at MadaliLoan in today’s article.

Introduction to Madali Loan – Online Loan

MadaliLoan is a specialized financial app for online lending under the form of unsecured loans. Renowned for connecting borrowers with extremely simple procedures, with just an identity verification document, customers can borrow up to PHP20,000. The app has a user-friendly interface, making all operations simple and easy for every customer.

The app applies a P2P model to connect customers and partners. With unsecured loans, customers do not need to mortgage any assets. Thanks to a modern information technology system, everything from loan application to document submission and disbursement can be done online.

Overall, the procedures are very simple; you only need to meet the document requirements to complete the loan quickly. Currently, Madali Loan is collaborating with HelloPeso, EasyPeso Pro, HiPESO, and other partners to maximize meeting customers’ capital borrowing needs.

Requirements for Participating in Borrowing Money

The requirements for quick loans from Madali Loan are straightforward. You only need to meet the following basic conditions:

  • The borrower must be a Filipino citizen, currently living and working in the Philippines.
  • The borrower must be between 18 and 66 years old.
  • Customers must have a stable income.
  • Possess a bank account under their name with a valid identification document.
  • Have a bank account number.

Information about Loan Packages at MadaliLoan

To complete the registration procedure, you need to understand the details about the loan, including the borrowing limit, loan term, and interest rate.

  • The borrowing limit ranges from a minimum of Php1000 to a maximum of Php20,000.
  • Loan terms are a minimum of 91 days and a maximum of 120 days.
  • Interest rates: Up to 36% maximum, depending on the lending institution (Note: Interest rates may vary depending on the time of customer loan consultation and the customer’s credit score.)
  • Service fee: 15% per annum

However, if a larger amount is needed, customers can borrow money using other personal documents. Additionally, ensure timely repayment to avoid penalties for late payments.

Steps to Register for Quick Loans at Madali Loan

All registration steps for borrowing at Madali Loan are very simple. Just follow these steps:

Step 1: Visit the official website loanapp.store and install the app, then proceed to register for a loan. On the homepage, find and click on the loan amount you desire. Enter the phone number you registered with and click “Register” to complete the initial step.

Step 2: Verify the borrower’s identity. You need to provide the following information: personal identification documents from both sides; a personal portrait photo. Then, click “Next” to move to the next step.

Step 3: Provide additional personal information. You need to provide all the requested details. After filling in all the information, press “Next”.

Step 4: Provide 3 reference documents if necessary.

Step 5: Provide information about your job, including: company name, department where you work; company address, unit; profession; average monthly salary; company phone number, unit.

Step 6: Provide information about the main bank account for disbursement and repayment of the loan.

Step 7: Complete the procedures and wait for Madali Loan’s system to approve the loan. You will wait for 10-20 minutes, and after the system finishes the review, a notification will be sent to your phone or email.

Frequently Asked Questions at Madali Loan

In addition to the information provided above, customers often inquire about the following issues:

Is the customer information security good at Madali Loan?

Appcam ensures that all customer personal information is securely protected by 100%, guaranteeing that no third party has access to customers’ personal information. Therefore, in this matter, everyone can be assured!

Can individuals with bad credit borrow through MadaliLoan?

The Madali Loan app still supports customers with difficult credit situations. However, the borrowing limit and conditions will be tailored to suit your bad credit group. Madali Loan always creates favorable conditions for customers with bad credit, enabling them to have quick loan opportunities and resolve their issues.

These are the basic pieces of information about the fast loan app, Madali Loan. Hopefully, this information can help partially address your inquiries about Madali Loan. The app is honored to be a trusted partner of all customers, helping people meet urgent needs in life.

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