Is Kreddy legit?

Without a confirmed rate for Kreddy, we cannot tell whether it is cheaper than another lender. For comparison, Pocketcash (Elending)'s published terms give a cost of ₱300 for ₱5,000 over 120 days; compare this with your actual offer.

Choose Kreddy if

• you want to spread payments over as long as 720 days.
• you need up to ₱2,000,000.

Skip Kreddy if

• you want a loan shorter than 360 days.
• you need less than ₱100,000.
• you need a confirmed total cost before applying: the sources checked do not provide a rate.

On Kreddy loans above ₱10,000 or longer than four months, the penalty is whatever your contract and Disclosure Statement say; the SEC's 5% a month cap covers only smaller, shorter loans. Online Loans Pilipinas 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 Online Loans Pilipinas 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.

Online Loans Pilipinas 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.

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