Is Cepat Kredit legit?
Cepat Kredit Financing Inc is SEC registered, but the Cepat Kredit app is not on the SEC list by name. The SEC list dated Sep 29, 2026 records only its website, "www.cepatkreditfinancing.com". The company holds SEC Reg. No. CS201909976, CA No. 1223. Borrow through the recorded website, or ask the SEC whether the app is covered. SEC list, Sep 29, 2026
| Item | Result | Source |
|---|---|---|
| App on the SEC list of recorded online lending platforms (dated Sep 29, 2026) | Only its website, "www.cepatkreditfinancing.com"; the app is not named | SEC list, Sep 29, 2026 |
| Company and SEC Reg. No. | Cepat Kredit Financing Inc., CS201909976 | SEC list, Sep 29, 2026 |
| Certificate of Authority No. | 1223 (as printed by Cepat Kredit) | Google Play, updated Sep 4, 2026 |
| Price published | Yes: Monthly interest 1.99% to 3.00%; processing and other fees 12.5%. OFW loans 23% to 36% APR, seafarer loans 23% to 30% APR. | Google Play, updated Sep 4, 2026 |
| Loan amount and term | Up to ₱1,000,000, over 90 to 720 days | Google Play, updated Sep 4, 2026 |
On ₱5,000 for 120 days, Cepat Kredit's published terms come to at most ₱1,225 in interest and fees (₱1,023 at its lowest published rate): interest of 3% a month and an all-in cost of 10.7% a month, higher because its processing and other fees comes off the cash, so you get ₱4,375 but repay on ₱5,000, and you repay in instalments but pay interest on the original amount the whole time. Cepat Kredit on Google Play, updated Sep 4, 2026
Working: 3% a month × 120/30 × ₱5,000 = ₱600 interest; processing and other fees 12.5% × ₱5,000 = ₱625. The all-in rate is the monthly rate at which 4 payments of ₱1,400 repay the ₱4,375 you receive (SEC MC No. 14 s.2025 Sec. 2(d)).
Within the SEC caps for this loan: interest 3% a month against the 6% cap; all-in 10.7% a month against the 12% cap (SEC MC No. 14 s.2025, effective Apr 1, 2026). SEC MC No. 14 s.2025
Next: search the SEC list for the platform you use before you borrow.
The Play listing is Cepat Kredit's app for its loan consultants; borrowers apply through a consultant.
Cepat Kredit interest rate and what you pay back
Monthly interest 1.99% to 3.00%; processing and other fees 12.5%. OFW loans 23% to 36% APR, seafarer loans 23% to 30% APR.Its own example, ₱100,000 for 360 days
Cash Loan Amount: PHP100,000; Interest Rate: 2.75%; Monthly Installment: PHP11,084.00; Total Loan Cost: PHP133,000.00
- You pay back
- ₱5,398 to ₱5,600
- Cash you receive
- ₱4,375
- Interest and fees
- ₱1,023 to ₱1,225
- Interest a month, at most
- 3%
- All-in cost (EIR) a month, at most
- 10.7%
- Share of the loan
- 24.5%
Terms from Cepat Kredit's Google Play listing, updated Sep 4, 2026. The calculator gives the same ₱133,000 for Cepat Kredit's own example. Documentary stamp tax on a ₱5,000 loan for 120 days is about ₱12.33 (NIRC Sec. 179); check whether the Disclosure Statement passes it on. DST calculator Source
Cepat Kredit Disclosure Statement, worked out: ₱5,000 for 120 days
Cepat Kredit must give you this statement in writing before the loan is made (RA 3765, the Truth in Lending Act, Sec. 4). These are the figures it should show at its published maximum; if yours differ, ask why before you accept.
| Figure | Inputs | Rule | Result |
|---|---|---|---|
| Amount financed | ₱5,000 borrowed − ₱625 taken off | RA 3765 Sec. 4(5) | ₱4,375 |
| Interest | 3% a month × 120/30 × ₱5,000 | Cepat Kredit's published maximum | ₱600 |
| Processing and other fees | 12.5% × ₱5,000, taken off the cash | Part of the finance charge, RA 3765 Sec. 3(3) | ₱625 |
| Finance charge | Interest + every fee above | RA 3765 Sec. 4(6) | ₱1,225 |
| Late penalty, at most | 5% × ₱5,600 due | SEC MC No. 14 s.2025 Sec. 3 | ₱280 a month |
| All charges together, at most | 100% × ₱5,000 | SEC MC No. 14 s.2025 Sec. 3 | ₱5,000 |
| Documentary stamp tax on the loan | ⌈₱5,000 ÷ ₱200⌉ × ₱1.50 × 120/365 | NIRC Sec. 179, as amended by RA 10963 | ₱12.33 |
| Owed to you if the statement leaves one out | Greater of ₱100 or 2 × ₱1,225, up to ₱2,000 | RA 3765 Sec. 6(a) | ₱2,000 |
Should you borrow from Cepat Kredit?
For ₱5,000 over 120 days, Pocketcash (Elending) costs at most ₱300, which is ₱925 less than Cepat Kredit's published maximum of ₱1,225.
Skip Cepat Kredit if
- you only borrow from apps the SEC list names: it records "www.cepatkreditfinancing.com" for this company, not the app.
- you need the full amount in hand: you receive ₱4,375 of ₱5,000.
- you work in the Philippines: it lends to OFWs and seafarers.
Cepat Kredit requirements, customer service and how to pay
- Requirements
- OFW abroad or about to leave, or a seafarer deployed or about to be deployed
- appsupport@cepatkredit.com
- Phone
- +639178227598
- Pay through
- The channels shown in the app for your loan
As Cepat Kredit lists them on its Google Play listing, updated Sep 4, 2026. Use only these channels or the app itself. Source
If you cannot pay Cepat Kredit on time
If all ₱5,600 of a ₱5,000, 120-day Cepat Kredit loan fell due unpaid, the penalty could be at most ₱280 a month, and interest, fees and penalties together could never pass ₱5,000. Cepat Kredit Financing Inc's collectors, and any agency it hires, may not post your details, threaten you, call before 6 a.m. or after 10 p.m., or message anyone in your contacts except the guarantors you named (SEC MC No. 18 s.2019).
If that fails, report Cepat Kredit Financing Inc to the SEC on hotline 14732 or the iMessage portal, and report messages to your contacts to the National Privacy Commission at complaints@privacy.gov.ph. All eight prohibited collection practices.
This page covers Cepat Kredit's published terms and SEC record, not the offer in your own loan agreement. For a dispute over a specific loan, contact Cepat Kredit first, then the SEC (hotline 14732); for a legal claim, a lawyer.
Questions about Cepat Kredit
Who owns Cepat Kredit?
Cepat Kredit Financing Inc (SEC Reg. No. CS201909976), per the SEC list dated Sep 29, 2026.
What is Cepat Kredit's interest rate?
Cepat Kredit states (Cepat Kredit's Google Play listing, updated Sep 4, 2026): "Monthly interest 1.99% to 3.00%; processing and other fees 12.5%. OFW loans 23% to 36% APR, seafarer loans 23% to 30% APR." On ₱5,000 for 120 days: interest of 3% a month and an all-in cost of 10.7% a month, higher because its processing and other fees comes off the cash, so you get ₱4,375 but repay on ₱5,000, and you repay in instalments but pay interest on the original amount the whole time.
What are the requirements for Cepat Kredit?
Cepat Kredit lists (Cepat Kredit's Google Play listing, updated Sep 4, 2026): OFW abroad or about to leave, or a seafarer deployed or about to be deployed.
What is Cepat Kredit's customer service number or e-mail?
Phone: +639178227598. E-mail: appsupport@cepatkredit.com. As listed by Cepat Kredit (Cepat Kredit's Google Play listing, updated Sep 4, 2026).
Does Cepat Kredit call your contacts?
Cepat Kredit Financing Inc may not contact anyone in your phone contacts except the guarantors or co-makers you named, even if you allowed access (SEC MC No. 18 s.2019, Sec. 1(h), issued Aug 19, 2019). Raise it with Cepat Kredit at appsupport@cepatkredit.com, then the SEC on 14732.
Lowest-cost recorded apps for ₱5,000 over 120 days
No lender pays to appear on this site or to change its position.
- Pocketcash (Elending): at most ₱300 in interest and fees (18% a year × 120/360 days × ₱5,000 = ₱300 (interest and fees)); lends ₱1,000 to ₱50,000.
- Vplus: at most ₱300 in interest and fees (18% a year × 120/360 days × ₱5,000 = ₱300 interest); lends ₱1,000 to ₱50,000.
- Pesos.ph: at most ₱395 in interest and fees (24% a year × 120/365 days × ₱5,000 = ₱395 interest); lends ₱1,500 to ₱50,000.