Is EzLoan (Second Pay) legit?
Yes. EzLoan (Second Pay) is on the SEC list of recorded online lending platforms. It is run by Second Pay Financing Inc (SEC Reg. No. CS201908038, CA No. 1217). The SEC list dated Sep 29, 2026 records it as "EzLoan". SEC list, Sep 29, 2026
| Item | Result | Source |
|---|---|---|
| App on the SEC list of recorded online lending platforms (dated Sep 29, 2026) | Yes, as "EzLoan" | SEC list, Sep 29, 2026 |
| Company and SEC Reg. No. | Second Pay Financing Inc, CS201908038 | SEC list, Sep 29, 2026 |
| Certificate of Authority No. | 1217 (as printed by EzLoan (Second Pay)) | Google Play, updated Aug 17, 2026 |
| Price published | Yes: Maximum APR 60%. Interest and fees may be deducted in advance depending on your risk profile. | Google Play, updated Aug 17, 2026 |
| Loan amount and term | Up to ₱30,000, over 91 to 360 days | Google Play, updated Aug 17, 2026 |
| Google Play rating | 4.6 of 5 from 7,549 ratings, 500K+ installs, as of Oct 2, 2026 | Google Play, updated Aug 17, 2026 |
On ₱5,000 for 120 days, EzLoan (Second Pay)'s published terms come to at most ₱1,000 in interest and fees: interest of 5% a month and an all-in cost of 7.7% a month, higher because you repay in instalments but pay interest on the original amount the whole time. EzLoan (Second Pay) on Google Play, updated Aug 17, 2026
Working: 60% a year × 120/360 days × ₱5,000 = ₱1,000 interest. The all-in rate is the monthly rate at which 4 payments of ₱1,500 repay the ₱5,000 you receive (SEC MC No. 14 s.2025 Sec. 2(d)).
Within the SEC caps for this loan: interest 5% a month against the 6% cap; all-in 7.7% a month against the 12% cap (SEC MC No. 14 s.2025, effective Apr 1, 2026). SEC MC No. 14 s.2025
Next: check the worked Disclosure Statement below, then compare EzLoan (Second Pay) with the other recorded apps, or get it from its official Google Play listing.
Not the same as EZLoan (Hupan) (Hupan Lending Technology Inc, on the SEC list). Check the company name in the app before you borrow: EzLoan (Second Pay) here is Second Pay Financing Inc.
EzLoan (Second Pay) interest rate and what you pay back
Maximum APR 60%. Interest and fees may be deducted in advance depending on your risk profile.Its own example, ₱10,000 for 90 days
Total repayment = ₱ 10,000 + ₱ 450 = ₱ 10,450
- You pay back
- Up to ₱6,000
- Cash you receive
- ₱5,000
- Interest and fees
- Up to ₱1,000
- Interest a month, at most
- 5%
- All-in cost (EIR) a month, at most
- 7.7%
- Share of the loan
- 20%
Terms from EzLoan (Second Pay)'s Google Play listing, updated Aug 17, 2026. The calculator gives the same ₱10,450 for EzLoan (Second Pay)'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
EzLoan (Second Pay) Disclosure Statement, worked out: ₱5,000 for 120 days
EzLoan (Second Pay) 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, nothing taken off | RA 3765 Sec. 4(5) | ₱5,000 |
| Interest | 60% a year × 120/360 days × ₱5,000 | EzLoan (Second Pay)'s published maximum | ₱1,000 |
| Finance charge | Interest + every fee above | RA 3765 Sec. 4(6) | ₱1,000 |
| Simple annual rate | EzLoan (Second Pay) publishes its maximum APR | RA 3765 Sec. 4(7) | Up to 60% |
| Late penalty, at most | 5% × ₱6,000 due | SEC MC No. 14 s.2025 Sec. 3 | ₱300 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 × ₱1,000, up to ₱2,000 | RA 3765 Sec. 6(a) | ₱2,000 |
Should you borrow from EzLoan (Second Pay)?
For ₱5,000 over 120 days, Pocketcash (Elending) costs at most ₱300, which is ₱700 less than EzLoan (Second Pay)'s published maximum of ₱1,000.
Choose EzLoan (Second Pay) if
- you borrow ₱10,000 or less for up to four months: its published maximum stays within the SEC caps.
- you want to spread payments over as long as 360 days.
EzLoan (Second Pay) requirements, customer service and how to pay
- Requirements
- Over 18 years old; Government-issued ID; Valid phone number
- official.hrspfi@gmail.com
- Phone
- Not listed on its Google Play listing
- Pay through
- The channels shown in the app for your loan
As EzLoan (Second Pay) lists them on its Google Play listing, updated Aug 17, 2026. Use only these channels or the app itself. Source
If you cannot pay EzLoan (Second Pay) on time
If all ₱6,000 of a ₱5,000, 120-day EzLoan (Second Pay) loan fell due unpaid, the penalty could be at most ₱300 a month, and interest, fees and penalties together could never pass ₱5,000. Second Pay 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).
Complain to EzLoan (Second Pay) first at official.hrspfi@gmail.com. If that fails, report Second Pay 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.
Other apps from Second Pay Financing Inc
Second Pay Financing Inc runs 2 apps on the SEC list. They share one SEC registration and one Certificate of Authority, so a complaint about any of them goes against the same company.
- MMLoan listed as "MMLoan"
This page covers EzLoan (Second Pay)'s published terms and SEC record, not the offer in your own loan agreement. For a dispute over a specific loan, contact EzLoan (Second Pay) first, then the SEC (hotline 14732); for a legal claim, a lawyer.
Questions about EzLoan (Second Pay)
Who owns EzLoan (Second Pay)?
Second Pay Financing Inc (SEC Reg. No. CS201908038), which also runs MMLoan, per the SEC list dated Sep 29, 2026.
What is EzLoan (Second Pay)'s interest rate?
EzLoan (Second Pay) states (EzLoan (Second Pay)'s Google Play listing, updated Aug 17, 2026): "Maximum APR 60%. Interest and fees may be deducted in advance depending on your risk profile." On ₱5,000 for 120 days: interest of 5% a month and an all-in cost of 7.7% a month, higher because you repay in instalments but pay interest on the original amount the whole time.
What are the requirements for EzLoan (Second Pay)?
EzLoan (Second Pay) lists (EzLoan (Second Pay)'s Google Play listing, updated Aug 17, 2026): Over 18 years old; Government-issued ID; Valid phone number.
What is EzLoan (Second Pay)'s customer service number or e-mail?
E-mail: official.hrspfi@gmail.com. As listed by EzLoan (Second Pay) (EzLoan (Second Pay)'s Google Play listing, updated Aug 17, 2026).
Does EzLoan (Second Pay) call your contacts?
Second Pay 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 EzLoan (Second Pay) at official.hrspfi@gmail.com, then the SEC on 14732.
Cheaper than EzLoan (Second Pay) 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.