Is Honey Loan legit?
Honey Loan is on the SEC list, but its published top rate is above the SEC caps on a ₱5,000, 120-day loan. It is run by Warm Cash Lending Corp (SEC Reg. No. 2021030009095-02, CA No. 3472). The SEC list dated Sep 29, 2026 records it as "Honey Loan". Its website shows Certificate of Authority No. 3472 while its Google Play listing shows No. 3427. Ask the lender which is correct before you borrow. Being registered does not make every charge lawful: a charge above the caps can be reported to the SEC. SEC list, Sep 29, 2026
| Item | Result | Source |
|---|---|---|
| App on the SEC list of recorded online lending platforms (dated Sep 29, 2026) | Yes, as "Honey Loan" | SEC list, Sep 29, 2026 |
| Company and SEC Reg. No. | Warm Cash Lending Corp., 2021030009095-02 | SEC list, Sep 29, 2026 |
| Certificate of Authority No. | 3472 | SEC list, Sep 29, 2026 |
| Price published | Yes: Daily cost rate 0.4% (interest and fees); monthly EIR 12%; maximum APR 144%. | Google Play, updated Sep 28, 2026 |
| Loan amount and term | ₱1,000 to ₱30,000, over 61 to 180 days | Its published terms |
| Google Play rating | 4.5 of 5 from 2,768 ratings, 100K+ installs, as of Oct 2, 2026 | Google Play, updated Sep 28, 2026 |
On ₱5,000 for 120 days, Honey Loan's published terms come to at most ₱2,400 in interest and fees: Honey Loan states a combined interest-and-fees rate of 12% a month, which works out to an all-in cost of 17.8% a month on the cash you receive because you repay in instalments but pay interest on the original amount the whole time. Honey Loan states a monthly EIR of 12%, counting its charges against the original amount; SEC MC No. 14 s.2025 Sec. 2(d) defines EIR as the rate that discounts the payments to the net proceeds, which over 4 payments gives 17.8%. Honey Loan on Google Play, updated Sep 28, 2026
Working: 144% a year × 120/360 days × ₱5,000 = ₱2,400 (interest and fees). The all-in rate is the monthly rate at which 4 payments of ₱1,850 repay the ₱5,000 you receive (SEC MC No. 14 s.2025 Sec. 2(d)).
Above the SEC caps for this loan: no separate interest rate to test against the 6% cap; all-in 17.8% a month against the 12% cap (above it) (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 Honey Loan with the other recorded apps, or get it from its official Google Play listing.
Honey Loan interest rate and what you pay back
Daily cost rate 0.4% (interest and fees); monthly EIR 12%; maximum APR 144%.Its own example, ₱3,000 for 180 days
Total Interest + Fees: ₱2,160.00; Total Repayment Amount: ₱5,160.00
- You pay back
- Up to ₱7,400
- Cash you receive
- ₱5,000
- Interest and fees
- Up to ₱2,400
- All-in cost (EIR) a month, at most
- 17.8%
- Share of the loan
- 48%
Terms from Honey Loan's Google Play listing, updated Sep 28, 2026. The calculator gives the same ₱5,160 for Honey Loan'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
Honey Loan Disclosure Statement, worked out: ₱5,000 for 120 days
Honey Loan 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) | 144% a year × 120/360 days × ₱5,000 | Honey Loan's published maximum | ₱2,400 |
| Finance charge | Interest + every fee above | RA 3765 Sec. 4(6) | ₱2,400 |
| Simple annual rate | Honey Loan publishes its maximum APR | RA 3765 Sec. 4(7) | Up to 144% |
| Late penalty, at most | 5% × ₱7,400 due | SEC MC No. 14 s.2025 Sec. 3 | ₱370 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 × ₱2,400, up to ₱2,000 | RA 3765 Sec. 6(a) | ₱2,000 |
Should you borrow from Honey Loan?
For ₱5,000 over 120 days, Pocketcash (Elending) costs at most ₱300, which is ₱2,100 less than Honey Loan's published maximum of ₱2,400.
Skip Honey Loan if
- you borrow ₱5,000 for 120 days at its top rate: that is above an SEC cap.
Honey Loan requirements, customer service and how to pay
- Requirements
- Not listed on its Google Play listing
- info@honeyloan.ph
- Phone
- (02) 8876-1972
- Hours
- 9:00 AM to 6:00 PM
- Pay through
- 7-Eleven, LBC, Bayad Center, Robinsons Business Center, ECPay, Bank transfer, GCash
As Honey Loan lists them on its Google Play listing, updated Sep 28, 2026. Use only these channels or the app itself. Source
If you cannot pay Honey Loan on time
If all ₱7,400 of a ₱5,000, 120-day Honey Loan loan fell due unpaid, the penalty could be at most ₱370 a month, and interest, fees and penalties together could never pass ₱5,000. Warm Cash Lending Corp'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 Honey Loan first at info@honeyloan.ph or (02) 8876-1972. If that fails, report Warm Cash Lending Corp 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 Honey Loan's published terms and SEC record, not the offer in your own loan agreement. For a dispute over a specific loan, contact Honey Loan first, then the SEC (hotline 14732); for a legal claim, a lawyer.
Questions about Honey Loan
Who owns Honey Loan?
Warm Cash Lending Corp (SEC Reg. No. 2021030009095-02), per the SEC list dated Sep 29, 2026.
What is Honey Loan's interest rate?
Honey Loan states (Honey Loan's Google Play listing, updated Sep 28, 2026): "Daily cost rate 0.4% (interest and fees); monthly EIR 12%; maximum APR 144%." On ₱5,000 for 120 days: Honey Loan states a combined interest-and-fees rate of 12% a month, which works out to an all-in cost of 17.8% a month on the cash you receive because you repay in instalments but pay interest on the original amount the whole time.
What is Honey Loan's customer service number or e-mail?
Phone: (02) 8876-1972. E-mail: info@honeyloan.ph. Hours: 9:00 AM to 6:00 PM. As listed by Honey Loan (Honey Loan's Google Play listing, updated Sep 28, 2026).
How do I pay my Honey Loan loan?
Honey Loan lists these channels (Honey Loan's Google Play listing, updated Sep 28, 2026): 7-Eleven, LBC, Bayad Center, Robinsons Business Center, ECPay, Bank transfer, GCash. You should get a payment reference or receipt in the app; if none appears, the payment has not posted, so keep your proof of payment.
Does Honey Loan call your contacts?
Warm Cash Lending Corp 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 Honey Loan at info@honeyloan.ph, then the SEC on 14732.
Cheaper than Honey Loan 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.