MoreGold

As the Internet evolves, borrowing money online has become easier than ever. However, not every online lending app operates as advertised. Therefore, you need to be vigilant in choosing a personal loan app. If you’re unsure where to borrow money quickly from a reputable source, take some time to learn about MoreGold:

This is one of the fast loan apps within a reputable credit support system. When borrowing online here, all procedures and disbursement of loans are very straightforward; all you need is a mobile phone. Citizens across the entire Philippines can apply for fast loans here.

Especially at this time, MoreGold is offering an extremely favorable interest rate of only 0% for all new customers, with a maximum borrowing limit of up to PHP31,000. You can borrow without a guarantor, collateral, or personal income assessment, needing only a photo of your identity verification document.

Moreover, the app is ready to expand the borrowing amount even further for loyal customers, for repeat borrowing from the second time onwards. MoreGold operates under the criteria of safety, convenience, and speed, having supported thousands of customers with instant loans within 5 minutes.

How to borrow money quickly at MoreGold?

It’s extremely simple; just follow the 4 steps below:

Step 1: Download the app from your phone’s browser at https://loanapp.store/. Enter your phone number in the box, input the OTP code received to register for borrowing.

Step 2: Choose the loan amount and corresponding repayment period. Fill in personal information in the loan application form. Take photos of both sides of your identity verification document and a portrait photo to complete the loan application.

Step 3: Your loan application will be sent to the system. The fastest processing time for the application is 3 minutes, and the longest is 12 hours. If you don’t receive any notification from the system within a few days, there may be an error in your application. Try again from step 1; if you still don’t receive a quick response, your application may have been rejected.

Step 4: If your application is approved, you’ll receive a notification on your phone. This notification is the loan contract at MoreGold. Confirm the loan, and the money will be immediately deposited into your account. If rejected, no service fees will be incurred.

Should you borrow money from More Gold?

The advantages and disadvantages of the MoreGold lending app will help you decide whether to borrow money here:

Advantages:

• Simple borrowing procedures, requiring only identity verification documents without income proof, no assessment of relatives/friends.
• Immediate benefit of 0% interest rate for the first loan, unlimited borrowing for subsequent loans, flexible repayment period.
• The document review system operates 24/7, automatically and quickly disbursing funds within minutes.
• Financial support available to all individuals nationwide, including remote areas.
• Financial support available to groups with bad credit.
• Long principal and interest repayment terms, from 3 months to 1 year, reducing pressure on borrowers to repay debts.
• Personal information of borrowers is securely protected with advanced dual security systems.
• Loan contract information is transparent, with clear terms and conditions.

Disadvantages:

• Limited loan information, the app interface is not well-invested, company address, tax identification number, business registration are not clear.
• The interest rate is relatively high due to the inherent risks of unsecured lending.
• Failure to make timely payments without requesting an extension will result in a penalty fee as specified by the app.

Compared to interest rates at banks or some credit companies, MoreGold’s interest rates are relatively high, which may cause trouble if debts are not repaid on time. However, compared to other online lending websites or apps, these interest rates are comparable, and in some cases even lower.

As long as you ensure timely repayment, More Gold can be considered a reliable destination. Whether you decide to borrow from this app or not, careful consideration is necessary.

Contact:

Email: [email protected]
Contact Number: 9453678670
Address: 8th FLOOR CO BAN KIAT BUILDING Il, 231 JUAN LUNA STREET. BINONDO, MANILA 1006