Is GoPeso legit?
Yes. GoPeso is on the SEC list of recorded online lending platforms. It is run by Sumulong Financing Inc (SEC Reg. No. CS201915712, CA No. 1238). The SEC list dated Sep 29, 2026 records it as "GoPeso". The SEC lifted an order of suspension against the company (FinLenD Resolution No. 2025-25). SEC list, Sep 29, 2026
| Item | Result | Source |
|---|---|---|
| App on the SEC list of recorded online lending platforms (dated Sep 29, 2026) | Yes, as "GoPeso" | SEC list, Sep 29, 2026 |
| Company and SEC Reg. No. | Sumulong Financing Inc., CS201915712 | SEC list, Sep 29, 2026 |
| Certificate of Authority No. | 1238 (as printed by GoPeso) | Google Play, updated Sep 17, 2026 |
| Price published | Yes: Minimum APR 29.2%; maximum APR 73%, combining a daily interest rate and a daily service fee. | Google Play, updated Sep 17, 2026 |
| Loan amount and term | ₱2,000 to ₱50,000, over 91 to 180 days | Google Play, updated Sep 17, 2026 |
| Google Play rating | 4.6 of 5 from 3,031 ratings, 100K+ installs, as of Oct 2, 2026 | Google Play, updated Sep 17, 2026 |
On ₱5,000 for 120 days, GoPeso's published terms come to at most ₱1,200 in interest and fees (₱480 at its lowest published rate): GoPeso states a combined interest-and-fees rate of 6% a month, which works out to an all-in cost of 9.2% a month on the cash you receive because you repay in instalments but pay interest on the original amount the whole time. GoPeso on Google Play, updated Sep 17, 2026
Working: 73% a year × 120/365 days × ₱5,000 = ₱1,200 (interest and fees). The all-in rate is the monthly rate at which 4 payments of ₱1,550 repay the ₱5,000 you receive (SEC MC No. 14 s.2025 Sec. 2(d)).
Within the SEC caps for this loan: no separate interest rate to test against the 6% cap; all-in 9.2% 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 GoPeso with the other recorded apps, or get it from its official Google Play listing.
Not the same as Go Peso (Microdot) (Microdot Lending Corporation, on the SEC list) or PesoGO (Dolphin Lending Investor, Inc, on the SEC list). Check the company name in the app before you borrow: GoPeso here is Sumulong Financing Inc.
GoPeso interest rate and what you pay back
Minimum APR 29.2%; maximum APR 73%, combining a daily interest rate and a daily service fee.Its own example, ₱10,000 for 120 days
Total repayment amount: ₱10,000 + ₱1,800 + ₱600 = ₱12,400
- You pay back
- ₱5,480 to ₱6,200
- Cash you receive
- ₱5,000
- Interest and fees
- ₱480 to ₱1,200
- All-in cost (EIR) a month, at most
- 9.2%
- Share of the loan
- 24%
Terms from GoPeso's Google Play listing, updated Sep 17, 2026. The calculator gives the same ₱12,400 for GoPeso'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
GoPeso Disclosure Statement, worked out: ₱5,000 for 120 days
GoPeso 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 and fees (one combined rate) | 73% a year × 120/365 days × ₱5,000 | GoPeso's published maximum | ₱1,200 |
| Finance charge | Interest + every fee above | RA 3765 Sec. 4(6) | ₱1,200 |
| Simple annual rate | GoPeso publishes its maximum APR | RA 3765 Sec. 4(7) | Up to 73% |
| Late penalty, at most | 5% × ₱6,200 due | SEC MC No. 14 s.2025 Sec. 3 | ₱310 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 × ₱1,200, up to ₱2,000 | RA 3765 Sec. 6(a) | ₱2,000 |
Should you borrow from GoPeso?
For ₱5,000 over 120 days, Pocketcash (Elending) costs at most ₱300, which is ₱900 less than GoPeso's published maximum of ₱1,200.
Choose GoPeso if
- you borrow ₱10,000 or less for up to four months: its published maximum stays within the SEC caps.
- you need up to ₱50,000.
GoPeso requirements, customer service and how to pay
- Requirements
- 18 years old or above; Valid ID; Bank or e-wallet account in your name
- support@gopeso.ph
- Phone
- 09171698820
- Pay through
- The channels shown in the app for your loan
As GoPeso lists them on its Google Play listing, updated Sep 17, 2026. Use only these channels or the app itself. Source
If you cannot pay GoPeso on time
If all ₱6,200 of a ₱5,000, 120-day GoPeso loan fell due unpaid, the penalty could be at most ₱310 a month, and interest, fees and penalties together could never pass ₱5,000. Sumulong 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 GoPeso first at support@gopeso.ph or 09171698820. If that fails, report Sumulong 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 GoPeso's published terms and SEC record, not the offer in your own loan agreement. For a dispute over a specific loan, contact GoPeso first, then the SEC (hotline 14732); for a legal claim, a lawyer.
Questions about GoPeso
Who owns GoPeso?
Sumulong Financing Inc (SEC Reg. No. CS201915712), per the SEC list dated Sep 29, 2026.
What is GoPeso's interest rate?
GoPeso states (GoPeso's Google Play listing, updated Sep 17, 2026): "Minimum APR 29.2%; maximum APR 73%, combining a daily interest rate and a daily service fee." On ₱5,000 for 120 days: GoPeso states a combined interest-and-fees rate of 6% a month, which works out to an all-in cost of 9.2% a month on the cash you receive because you repay in instalments but pay interest on the original amount the whole time.
What are the requirements for GoPeso?
GoPeso lists (GoPeso's Google Play listing, updated Sep 17, 2026): 18 years old or above; Valid ID; Bank or e-wallet account in your name.
What is GoPeso's customer service number or e-mail?
Phone: 09171698820. E-mail: support@gopeso.ph. As listed by GoPeso (GoPeso's Google Play listing, updated Sep 17, 2026).
Does GoPeso call your contacts?
Sumulong 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 GoPeso at support@gopeso.ph, then the SEC on 14732.
Cheaper than GoPeso 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.