Table of contents
| Name of Organization | PAYMAYA |
| Full Name of Organization | PAYMAYA LENDING CORPORATION |
| Hotline | 8870-7292929 |
PAYMAYA LENDING CORPORATION - Product Features
| Min. financing amount | 1000 php |
|---|---|
| Max. financing amount | 3000 php |
| Max. financing amount | 30 days |
| Loan tenure | 1% |
| 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 PAYMAYA LEGIT?
PAYMAYA Philippines is a legitimate company that offers loans and other financial services. The company has been in operation for several years, and has a good reputation for providing quality service. PAYMAYA Philippines is registered with the Securities and Exchange Commission (SEC) and is licensed to operate as a lending institution.
How to take a loan in PAYMAYA ?
To take a loan in PAYMAYA, you will need to provide some documentation to the company. This includes a copy of your ID, proof of income, and a recent statement of your bank account. The company will review your application and may approve or deny it based on your credit history and financial situation.
Best offers
If you are approved for a loan, PAYMAYA Philippines will provide you with a loan agreement that specifies the terms of the loan. Be sure to read the agreement carefully before signing it, and make sure you understand what you are agreeing to.
Additional conditions for granting loans
PAYMAYA Philippines may also require you to meet certain conditions in order to qualify for a loan. These conditions may include having a good credit history, maintaining a minimum balance in your PAYMAYA account, or meeting certain spending requirements.
If you do not meet these conditions, the company may deny your application or offer you a loan with less favorable terms. Be sure to read the loan agreement carefully to make sure you understand all the conditions that apply to your loan.
Reasons for a loan denial
If you are denied a loan by PAYMAYA Philippines, there may be several reasons why. The company may deny your application if you do not meet the conditions for granting loans, or if your credit history is not good. PAYMAYA Philippines may also deny a loan if you do not have a minimum balance in your PAYMAYA account, or if you have not met certain spending requirements.
Be sure to read the loan agreement carefully to make sure you understand all the reasons your application may have been denied. If you have any questions, contact PAYMAYA Philippines for more information.
Can PAYMAYA give you another loan?
Yes, PAYMAYA Philippines can give you another loan if you meet the conditions for granting loans. These conditions may include having a good credit history, maintaining a minimum balance in your PAYMAYA account, or meeting certain spending requirements.
If you do not meet these conditions, the company may deny your application or offer you a loan with less favorable terms. Be sure to read the loan agreement carefully to make sure you understand all the conditions that apply to your loan.
Will the amount of the next loan be increased?
PAYMAYA Philippines does not typically increase the amount of a loan for subsequent loans. The company may offer you a loan with less favorable terms if you do not meet certain conditions, such as maintaining a minimum balance in your PAYMAYA account or meeting certain spending requirements. Be sure to read the loan agreement carefully to make sure you understand all the conditions that apply to your loan.
If I am approved for a loan, when will the money show up in my account?
PAYMAYA Philippines will deposit the money for your loan into your bank account within 24 hours of approving your application.
How much does PAYMAYA charge in interest and fees?
PAYMAYA charges an interest rate of 2% per month, and a processing fee of 1.5%. These rates are subject to change, so be sure to check the latest rates on the PAYMAYA website.
ADVANTAGES of PAYMAYA
- – PAYMAYA is a fast, easy, and secure way to take out loans
- – PAYMAYA has a low interest rate of 2% per month
- – PAYMAYA does not charge any processing fees
- – PAYMAYA offers loans with no pre-payment penalties
DISADVANTAGES of PAYMAYA
- – PAYMAYA has a high interest rate of 2% per month
- – PAYMAYA charges a processing fee of 1.5%
Contacts
Contact PAYMAYA Philippines for more information about taking out a loan:
- – Website: paymaya.com
- – Email: customercare@paymaya.com
- – Phone number: +63 (02) 8870- PAYMAYA (8870-7292929)
- – Address: PAYMAYA Philippines, Inc. 16/F PAYMAYA Tower, 11th Avenue corner 36th Street, Bonifacio Global City, Taguig City 1634 Metro Manila
- – Facebook: facebook.com/PayMayaOfficial
- – Twitter: twitter.com/PayMayaOfficial
- – Instagram: instagram.com/
How to take a loan in PAYMAYA ?
- 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
Managing structure PAYMAYA
I know everything about the Philippines financial market because I have been working in the financial sector for more than five years.