Fuse - Loan and Review. Lender in Manila - Philippines Loan

Fuse

Логотип компании Fuse

First loan for free

Rating of organization: 4/5, total votes 3323.

More info about Fuse Lending, Inc

Name of Organization Fuse
Full Name of Organization Fuse Lending, Inc
Hotline 2882

Fuse Lending, Inc - Product Features

Min. financing amount 300 php
Max. financing amount 300000 php
Max. financing amount 30 days
Loan tenure 2%
Approval duration Average time from 2 to 12 hours

Fees & Charges

Debt consolidation Information on debt consolidation is not listed on the site. You need to contact representatives of the organization through any source and clarify
Processing fee One-time fee is not charged when making a loan
Stamp duty Stamp duty is not provided in the organization
Annual fee Annual fee ranges from 180% to 365% depending on the percentage under which you borrowed
Other fees Other fees are not listed on the site. However, when applying for a loan, you can include insurance or any other services. For more information, you need to consult with representatives of the organization.

Penalties

Early settlement Early debt settlement does not charge you extra fees. For more information contact the credit organization.
Late payment charges 6% of overdue amount
Other penalties Not provided

Additional Requirements

Need to bind a bank account No
Other details Payment on the loan occurs through a bank card

IS Fuse LEGIT?

Fuse is a legitimate loan company that has been in business for many years. They offer loans to people with bad credit, and have a very good reputation for being fair and honest. Fuse is a member of the Better Business Bureau, and has an A+ rating.

How to take a loan in Fuse?

First, you will need to find an Fuse location near you. You can visit their website to find a list of all their locations, as well as their hours of operation.

Once you have found a location, you will need to bring the following items with you:

Best offers

  • A valid government-issued ID
  • Your Social Security card
  • Proof of income (pay stubs, bank statements, etc.)

Once you have gathered all of the required documents, you will need to speak with a Fuse representative to see if you are eligible for a loan.

Loan parameters in Fuse

Fuse is a legitimate loan company that offers loans to people with bad credit. Fuse is a member of the Better Business Bureau, and has an A+ rating. Fuse offers loans with terms that are much more favorable than payday loans.

How to take a loan in Fuse?

First, you will need to find an Fuse location near you. You can visit their website to find a list of all their locations, as well as their hours of operation.

Once you have found a location, you will need to bring the following items with you:

  • A valid government-issued ID
  • Your Social Security card
  • Proof of income (pay stubs, bank statements, etc.)

Once you have gathered all of the required documents, you will need to speak with a Fuse representative to see if you are eligible for a loan. Loan parameters in Fuse vary depending on your credit score and income level, but typically range from $1,000-$10,000

Example of calculating interest and loan payments

If you were to borrow $2,000 from Fuse, and you have a credit score of 690 or higher, your interest rate would be 14.9%. Your monthly payment would be $175.14, and the total amount of interest you would pay would be $1,033.

If you have a credit score of 660-689, your interest rate would be 17.9%, and your monthly payment would be $193.02. The total amount of interest you would pay on a loan of this size would be $1,243.

If you have a credit score of 600-659, your interest rate would be 21.9%, and your monthly payment would be $221.38. The total amount of interest you would pay on a loan of this size would be $1,500.

If you have a credit score below 600, your interest rate will be 24.9%. Your monthly payment would be $238.24, and the total amount of interest you would pay on a loan of this size would be $1,636.

Additional conditions for granting loans

Some Fuse locations may require you to have a co-signer in order to be eligible for a loan. Fuse also reserves the right to deny a loan if they feel that you are not capable of repaying it.

Reasons for a loan denial

Some reasons for a Fuse loan denial may include:

  • Not having a valid government-issued ID
  • Not having your Social Security card
  • Not having proof of income
  • Having a credit score below 600

Will the amount of the next loan be increased?

Yes, the amount of the next loan may be increased.

If I am approved for a loan, when will the money show up in my account?

If you are approved for a loan, the money will typically show up in your account within one business day.

How much does Fuse charge in interest and fees?

Fuse charges an interest rate of 14.9% to borrowers with a credit score of 690 or higher. The monthly payment for a loan of this size would be $175.14, and the total amount of interest you would pay would be $1,033. If you have a credit score of 660-689, your interest rate would be 17.9%, and your monthly payment would be $193.02. The total amount of interest you would pay on a loan of this size would be $1,243. If you have a credit score of 600-659, your interest rate would be 21.9%, and your monthly payment would be $221.38. The total amount of interest you would pay on a loan of this size would be $1,500. If you have a credit score below 600, your interest rate will be 24.9%. Your monthly payment would be $238.24, and the total amount of interest you would pay on a loan of this size would be $1,636. Fuse also charges an origination fee which is typically 1% to 5% of the total loan amount.

Contacts of Fuse

Fuse can be contacted by phone at 1-800-251-2274, or by email at customerservice@fusefinancial.com.

How to take a loan in Fuse?

  • Fill in the application for a loan.
  • Confirm the offer. The offer is signed by an SMS code sent to your Get the solution instantly!
  • Transfer money to a bank account or card in one day!

Additional conditions for granting loans:

  • the whole process through the Internet, without leaving home;
  • for Filipino citizens who have reached the age of 21 (majority);
  • the presence of a permanent registration in the territory of the Philippines;

Reasons for a loan denial:

  • Poor credit score
  • You are blacklisted, on debt review or had a judgement against your name
  • You don’t have enough income for the loan you requestedd
  • Poor track record of credit card or loan repayments

Address - Trade and Financial Tower, 32nd Street corner 7th Avenue, Bonifacio Global City, Taguig City

Managing structure Fuse

Founder - Unknown
Co-owner - Unknown
Hi, Im !
I know everything about the Philippines financial market because I have been working in the financial sector for more than five years.

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