Is Loanova legit?
Yes. Loanova is on the SEC list of recorded online lending platforms. It is run by Leaflending Inc (SEC Reg. No. 2024120181312-01, CA No. L-24-0801-50). The SEC list dated Sep 29, 2026 records it as "Loanova". SEC list, Sep 29, 2026
| Item | Result | Source |
|---|---|---|
| App on the SEC list of recorded online lending platforms (dated Sep 29, 2026) | Yes, as "Loanova" | SEC list, Sep 29, 2026 |
| Company and SEC Reg. No. | Leaflending Inc., 2024120181312-01 | SEC list, Sep 29, 2026 |
| Certificate of Authority No. | L-24-0801-50 (as printed by Loanova) | Google Play, updated Sep 28, 2026 |
| Price published | Yes: Maximum APR 29.2%. | Google Play, updated Sep 28, 2026 |
| Loan amount and term | ₱4,000 to ₱100,000, over 91 to 365 days | Google Play, updated Sep 28, 2026 |
| Google Play rating | 4.8 of 5 from 7,258 ratings, 10K+ installs, as of Oct 2, 2026 | Google Play, updated Sep 28, 2026 |
On ₱5,000 for 120 days, Loanova's published terms come to at most ₱480 in interest and fees: interest of 2.4% a month and an all-in cost of 3.8% a month, higher because you repay in instalments but pay interest on the original amount the whole time. Loanova on Google Play, updated Sep 28, 2026
Working: 29.2% a year × 120/365 days × ₱5,000 = ₱480 interest. The all-in rate is the monthly rate at which 4 payments of ₱1,370 repay the ₱5,000 you receive (SEC MC No. 14 s.2025 Sec. 2(d)).
Within the SEC caps for this loan: interest 2.4% a month against the 6% cap; all-in 3.8% 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 Loanova with the other recorded apps, or get it from its official Google Play listing.
Loanova interest rate and what you pay back
Maximum APR 29.2%.Its own example, ₱15,000 for 180 days
Interest over term: ₱1,331.51; Total repayment: ₱16,331.51
- You pay back
- Up to ₱5,480
- Cash you receive
- ₱5,000
- Interest and fees
- Up to ₱480
- Interest a month, at most
- 2.4%
- All-in cost (EIR) a month, at most
- 3.8%
- Share of the loan
- 9.6%
Terms from Loanova's Google Play listing, updated Sep 28, 2026. The calculator gives the same ₱16,332 for Loanova'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
Loanova Disclosure Statement, worked out: ₱5,000 for 120 days
Loanova 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 | 29.2% a year × 120/365 days × ₱5,000 | Loanova's published maximum | ₱480 |
| Finance charge | Interest + every fee above | RA 3765 Sec. 4(6) | ₱480 |
| Simple annual rate | Loanova publishes its maximum APR | RA 3765 Sec. 4(7) | Up to 29.2% |
| Late penalty, at most | 5% × ₱5,480 due | SEC MC No. 14 s.2025 Sec. 3 | ₱274 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 × ₱480, up to ₱2,000 | RA 3765 Sec. 6(a) | ₱960 |
Should you borrow from Loanova?
For ₱5,000 over 120 days, HappyPera2 costs at most ₱395, which is ₱85 less than Loanova's published maximum of ₱480.
Choose Loanova 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 365 days.
- you need up to ₱100,000.
- you have one valid ID and no payslip.
Skip Loanova if
- you have no regular income: it asks for "active phone number and regular income".
Loanova requirements, customer service and how to pay
- Requirements
- Filipino living in the Philippines; Aged 18 to 60; Valid government photo ID; Active phone number and regular income
- In its words
A government ID is all the documentation you need.
- loanova@leaflendinginc.com
- Phone
- Not listed on its Google Play listing
- Pay through
- GCash, Maya, Online banking, Partner payment centers
As Loanova lists them on its Google Play listing, updated Sep 28, 2026. Use only these channels or the app itself. Source
If you cannot pay Loanova on time
If all ₱5,480 of a ₱5,000, 120-day Loanova loan fell due unpaid, the penalty could be at most ₱274 a month, and interest, fees and penalties together could never pass ₱5,000. Leaflending 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 Loanova first at loanova@leaflendinginc.com. If that fails, report Leaflending 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 Leaflending Inc
This page covers Loanova's published terms and SEC record, not the offer in your own loan agreement. For a dispute over a specific loan, contact Loanova first, then the SEC (hotline 14732); for a legal claim, a lawyer.
Questions about Loanova
Who owns Loanova?
Leaflending Inc (SEC Reg. No. 2024120181312-01), which also runs Onepeso, Credopera, per the SEC list dated Sep 29, 2026.
What is Loanova's interest rate?
Loanova states (Loanova's Google Play listing, updated Sep 28, 2026): "Maximum APR 29.2%." On ₱5,000 for 120 days: interest of 2.4% a month and an all-in cost of 3.8% a month, higher because you repay in instalments but pay interest on the original amount the whole time.
What are the requirements for Loanova?
Loanova lists (Loanova's Google Play listing, updated Sep 28, 2026): Filipino living in the Philippines; Aged 18 to 60; Valid government photo ID; Active phone number and regular income.
What is Loanova's customer service number or e-mail?
E-mail: loanova@leaflendinginc.com. As listed by Loanova (Loanova's Google Play listing, updated Sep 28, 2026).
How do I pay my Loanova loan?
Loanova lists these channels (Loanova's Google Play listing, updated Sep 28, 2026): GCash, Maya, Online banking, Partner payment centers. 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 Loanova call your contacts?
Leaflending 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 Loanova at loanova@leaflendinginc.com, then the SEC on 14732.
Cheaper than Loanova 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".