Is JoyPeso legit?
Yes. JoyPeso is on the SEC list of recorded online lending platforms. It is run by Joywin Lending Investor, Inc (SEC Reg. No. CS201826247, CA No. 2859). The SEC list dated Sep 29, 2026 records it as "JoyPeso". The app was formerly called Lemon Loan (SEC list remarks). SEC list, Sep 29, 2026
| Item | Result | Source |
|---|---|---|
| App on the SEC list of recorded online lending platforms (dated Sep 29, 2026) | Yes, as "JoyPeso" | SEC list, Sep 29, 2026 |
| Company and SEC Reg. No. | Joywin Lending Investor, Inc., CS201826247 | SEC list, Sep 29, 2026 |
| Certificate of Authority No. | 2859 (as printed by JoyPeso) | Google Play, updated Sep 9, 2026 |
| SEC notices naming the app or lookalikes | 2 documents, latest SEC document of Feb 9, 2026 | SEC, Feb 9, 2026 |
| Price published | Yes: Maximum APR 60%; its example adds a 10% service fee. | Google Play, updated Sep 9, 2026 |
| Loan amount and term | ₱1,000 to ₱58,000, over 91 to 120 days | Google Play, updated Sep 9, 2026 |
| Google Play rating | 3.9 of 5 from 9 ratings, 50+ installs, as of Oct 2, 2026 | Google Play, updated Sep 9, 2026 |
On ₱5,000 for 120 days, JoyPeso's published terms come to at most ₱1,486 in interest and fees: interest of 4.93% a month and an all-in cost of 11.3% a month, higher because its service fee is added on top, and you repay in instalments but pay interest on the original amount the whole time. JoyPeso on Google Play, updated Sep 9, 2026
Working: 60% a year × 120/365 days × ₱5,000 = ₱986 interest; service fee 10% × ₱5,000 = ₱500. The all-in rate is the monthly rate at which 4 payments of ₱1,622 repay the ₱5,000 you receive (SEC MC No. 14 s.2025 Sec. 2(d)).
Within the SEC caps for this loan: interest 4.93% a month against the 6% cap; all-in 11.3% 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 JoyPeso with the other recorded apps, or get it from its official Google Play listing.
Also known as Lemon Loan, Lemonloan.
JoyPeso interest rate and what you pay back
Maximum APR 60%; its example adds a 10% service fee.Its own example, ₱10,000 for 91 days
Interest: ₱299.17 Service Fee: ₱1,000 Total Repayment Amount: ₱11,299.17
- You pay back
- Up to ₱6,486
- Cash you receive
- ₱5,000
- Interest and fees
- Up to ₱1,486
- Interest a month, at most
- 4.93%
- All-in cost (EIR) a month, at most
- 11.3%
- Share of the loan
- 29.7%
Terms from JoyPeso's Google Play listing, updated Sep 9, 2026. The calculator gives the same ₱11,299 for JoyPeso'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
JoyPeso Disclosure Statement, worked out: ₱5,000 for 120 days
JoyPeso 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 × 120/365 days × ₱5,000 | JoyPeso's published maximum | ₱986 |
| Service fee | 10% × ₱5,000, added to repayment | Part of the finance charge, RA 3765 Sec. 3(3) | ₱500 |
| Finance charge | Interest + every fee above | RA 3765 Sec. 4(6) | ₱1,486 |
| Simple annual rate | JoyPeso publishes its maximum APR | RA 3765 Sec. 4(7) | Up to 60% |
| Late penalty, at most | 5% × ₱6,486 due | SEC MC No. 14 s.2025 Sec. 3 | ₱324 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 × ₱1,486, up to ₱2,000 | RA 3765 Sec. 6(a) | ₱2,000 |
Should you borrow from JoyPeso?
For ₱5,000 over 120 days, HappyPera2 costs at most ₱395, which is ₱1,092 less than JoyPeso's published maximum of ₱1,486.
Choose JoyPeso if
- you borrow ₱10,000 or less for up to four months: its published maximum stays within the SEC caps.
- you need up to ₱58,000.
Skip JoyPeso if
- you need more than 120 days to repay.
JoyPeso requirements, customer service and how to pay
- Requirements
- Filipino citizen; 18 years old and above; Valid government-issued ID
- support@joywin.ph
- Phone
- +63 286727875
- Hours
- 9:00 AM to 6:00 PM
- Pay through
- The channels shown in the app for your loan
As JoyPeso lists them on its Google Play listing, updated Sep 9, 2026. Use only these channels or the app itself. Source
If you cannot pay JoyPeso on time
If all ₱6,486 of a ₱5,000, 120-day JoyPeso loan fell due unpaid, the penalty could be at most ₱324 a month, and interest, fees and penalties together could never pass ₱5,000. Joywin Lending Investor, 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 JoyPeso first at support@joywin.ph or +63 286727875. If that fails, report Joywin Lending Investor, 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.
JoyPeso regulatory history
This page covers JoyPeso's published terms and SEC record, not the offer in your own loan agreement. For a dispute over a specific loan, contact JoyPeso first, then the SEC (hotline 14732); for a legal claim, a lawyer.
Questions about JoyPeso
Who owns JoyPeso?
Joywin Lending Investor, Inc (SEC Reg. No. CS201826247), per the SEC list dated Sep 29, 2026.
What is JoyPeso's interest rate?
JoyPeso states (JoyPeso's Google Play listing, updated Sep 9, 2026): "Maximum APR 60%; its example adds a 10% service fee." On ₱5,000 for 120 days: interest of 4.93% a month and an all-in cost of 11.3% a month, higher because its service fee is added on top, and you repay in instalments but pay interest on the original amount the whole time.
What are the requirements for JoyPeso?
JoyPeso lists (JoyPeso's Google Play listing, updated Sep 9, 2026): Filipino citizen; 18 years old and above; Valid government-issued ID.
What is JoyPeso's customer service number or e-mail?
Phone: +63 286727875. E-mail: support@joywin.ph. Hours: 9:00 AM to 6:00 PM. As listed by JoyPeso (JoyPeso's Google Play listing, updated Sep 9, 2026).
Does JoyPeso call your contacts?
Joywin Lending Investor, 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 JoyPeso at support@joywin.ph, then the SEC on 14732.
Cheaper than JoyPeso for ₱5,000 over 120 days
No lender pays to appear on this site or to change its position.
- HappyPera2: at most ₱395 in interest and fees (24% a year × 120/365 days × ₱5,000 = ₱395 interest); lends ₱1,000 to ₱100,000. Downside: skip it if you have no regular income: it asks for "steady source of income".
- Loanova: at most ₱480 in interest and fees (29.2% a year × 120/365 days × ₱5,000 = ₱480 interest); lends ₱4,000 to ₱100,000. Downside: skip it if you have no regular income: it asks for "active phone number and regular income".
- Lpeso: at most ₱480 in interest and fees (29.2% a year × 120/365 days × ₱5,000 = ₱480 interest); lends ₱3,000 to ₱60,000. Downside: skip it if you have no regular income: it asks for "verifiable source of income".