Loan apps with the lowest interest

On ₱10,000 over 120 days, Pocketcash (Elending) costs the least at ₱600 in interest and fees, ₱10,600 back in total.

Amount

Pay back in (days)

Top picks for ₱10,000 over 120 days

Pocketcash (Elending)Lowest total payback
You pay back
₱10,600on ₱10,000, 120 days
Approval needs
Resident of the Philippines; At least 18 years old
Suits
Borrowers who may need up to ₱50,000 later
Watch out
Rated 4.7 on Google Play; read the Disclosure Statement first.
Is Pocketcash (Elending) legit? Costs and requirements · Official app on Google Play
VplusCheapest that asks only for an ID
You pay back
₱10,600on ₱10,000, 120 days
Approval needs
One valid ID, no payslip
Suits
Borrowers with no payslip
Watch out
Rated 4.6 on Google Play; read the Disclosure Statement first.
Is Vplus legit? Costs and requirements · Official app on Google Play
HappyPera2Next-lowest payback; lends up to ₱100,000
You pay back
₱10,789on ₱10,000, 120 days
Approval needs
One valid ID, no payslip
Suits
Borrowers with no payslip
Watch out
Skip it if you have no regular income: it asks for "steady source of income".
Is HappyPera2 legit? Costs and requirements · Official app on Google Play

Picks: the lowest total payback among apps on the SEC list that lend this amount and term, the cheapest one that asks only for an ID, and the next-cheapest that lends ₱50,000 or more, for a bigger loan later. Ranked on each app’s published maximum.

62 apps on the SEC list lend ₱10,000 for 120 days and publish a price, cheapest first.
#	App	You pay back, at most	All-in cost a month	Approval needs
1	Pocketcash (Elending)	₱10,600₱600 interest and fees	2.4%Within the SEC caps	Resident of the Philippines; At least 18 years old
2	Vplus	₱10,600₱600 interest and fees	2.4%Within the SEC caps	One valid ID
3	HappyPera2	₱10,789₱789 interest and fees	3.1%Within the SEC caps	One valid ID
4	Pesoplus	₱10,789₱789 interest and fees	3.1%Within the SEC caps	Filipino, 18 years old or above
5	Pesos.ph	₱10,789₱789 interest and fees	3.1%Within the SEC caps	At least 18 years old
6	Cashmum	₱10,822₱822 interest and fees	3.2%Within the SEC caps	Aged 22 to 55; Valid ID
7	Loanova	₱10,960₱960 interest and fees	3.8%Within the SEC caps	One valid ID
8	Lpeso	₱10,960₱960 interest and fees	3.8%Within the SEC caps	Philippine resident aged 18 to 60; Active Philippine mobile number
9	Mega Peso	₱10,960₱960 interest and fees	3.8%Within the SEC caps	18 years old or above; Filipino citizen with one valid ID
10	Akulaku	₱10,986₱986 interest and fees	3.9%Within the SEC caps	Filipino citizen; Aged 18 and above
11	Finplo	₱10,986₱986 interest and fees	3.9%Within the SEC caps	Filipino citizen; At least 18 years old
12	Kidlat Peso	₱10,986₱986 interest and fees	3.9%Within the SEC caps	Land-based OFW, pre-departure or working abroad; Aged 23 to 55
13	SurePeso	₱10,986₱986 interest and fees	3.9%Within the SEC caps	Not on SurePeso's listing
14	Xlkash	₱11,000₱1,000 interest and fees	3.9%Within the SEC caps	At least 18 years old; Citizen of the Philippines
15	Pesoloan	₱11,019₱1,019 interest and fees	4%Within the SEC caps	Filipino citizen; 18 to 60 years old
16	Microloan	₱11,085₱1,085 interest and fees	4.3%Within the SEC caps	Filipino citizen or permanent resident, 18 or older; Verifiable, stable source of income
17	Prima Loan	₱11,140₱1,140 interest and fees	4.5%Within the SEC caps	One valid ID
18	Atome	₱11,184₱1,184 interest and fees	4.6%Within the SEC caps	Not on Atome's listing
19	Mr. Cash	₱11,184₱1,184 interest and fees	4.6%Within the SEC caps	18+ years old; At least one valid government-issued ID
20	FT Lending	₱11,200₱1,200 interest and fees	4.7%Within the SEC caps	Filipino resident; Aged 18 to 60
21	Kusog Pera	₱11,200₱1,200 interest and fees	4.7%Within the SEC caps	At least 18 years old; Philippine resident
22	SnaPera	₱11,200₱1,200 interest and fees	4.7%Within the SEC caps	One valid ID
23	Big Loan	₱11,450₱1,450 interest and fees	5.6%Within the SEC caps	Filipino citizen; 21 to 70 years old
24	Maypera	₱10,460₱1,460 interest and fees	6.3%Within the SEC caps	Over 18 years old; Government-issued ID
25	Kredivo	₱11,596₱1,596 interest and fees	6.2%Within the SEC caps	Not on Kredivo's listing
26	Tendo	₱11,600₱1,600 interest and fees	6.2%Within the SEC caps	Not on Tendo's listing
27	MocaMoca	₱11,658₱1,658 interest and fees	6.4%Within the SEC caps	Filipino citizen with a valid ID card; Above 18 years old
28	SLoan (Shopee)	₱11,780₱1,780 interest and fees	6.9%Within the SEC caps	Not on SLoan (Shopee)'s listing
29	Pinoy Peso	₱11,800₱1,800 interest and fees	7%Within the SEC caps	Filipino over 18 years old; At least one main ID
30	JuanHand	₱11,986₱1,986 interest and fees	7.7%Within the SEC caps	18+ years old; Filipino citizen
31	EzLoan (Second Pay)	₱12,000₱2,000 interest and fees	7.7%Within the SEC caps	Over 18 years old; Government-issued ID
32	etomo	₱12,124₱2,124 interest and fees	8.2%Within the SEC caps	Not on etomo's listing
33	SAVii	₱11,400₱2,245 interest and fees	9.4%Within the SEC caps	Company ID; Valid government ID
34	BillEase	₱12,396₱2,396 interest and fees	9.2%Within the SEC caps	Not on BillEase's listing
35	GoPeso	₱12,400₱2,400 interest and fees	9.2%Within the SEC caps	18 years old or above; Valid ID
36	Cashify	₱12,586₱2,586 interest and fees	9.9%Within the SEC caps	18 years old or above; Filipino citizen
37	Pitacash	₱12,700₱2,700 interest and fees	10.3%Above an SEC cap	One valid ID
38	Lendra	₱12,827₱2,827 interest and fees	10.8%Within the SEC caps	Philippine citizen, at least 18 years old; Valid government-issued ID
39	Bukas	₱12,960₱2,960 interest and fees	11.2%Within the SEC caps	A co-borrower and an additional contact person; Proof of enrollment, income and residence
40	JoyPeso	₱12,973₱2,973 interest and fees	11.3%Within the SEC caps	Filipino citizen; 18 years old and above
41	Peso Wallet	₱13,121₱3,121 interest and fees	11.8%Within the SEC caps	Philippine resident; 18 years old or above
42	Bene	₱13,600₱3,600 interest and fees	13.5%Above an SEC cap	Filipino citizen; Aged 18 to 65
43	Easy Borrow	₱13,600₱3,600 interest and fees	13.5%Above an SEC cap	Not on Easy Borrow's listing
44	Moregold	₱13,600₱3,600 interest and fees	13.5%Above an SEC cap	Valid government ID
45	PesoHere	₱13,600₱3,600 interest and fees	13.5%Above an SEC cap	Valid government ID; Employment details
46	PeraMoo	₱14,200₱4,200 interest and fees	15.7%Above an SEC cap	18 years old and above; Filipino citizen living in the Philippines
47	MabilisCash	₱14,307₱4,307 interest and fees	16%Above an SEC cap	Valid government-issued ID; Active mobile number
48	PeraSure	₱14,307₱4,307 interest and fees	16%Above an SEC cap	Filipino citizen; At least 18 years old
49	Finbro	₱14,734₱4,734 interest and fees	17.5%Above an SEC cap	Not on Finbro's listing
50	Mocasa	₱14,734₱4,734 interest and fees	17.5%Above an SEC cap	21+ years old; Filipino citizen
51	Cashini	₱14,800₱4,800 interest and fees	17.8%Above an SEC cap	Filipino citizen aged 18 or above; Valid government-issued ID
52	Fido	₱14,800₱4,800 interest and fees	17.8%Above an SEC cap	18 years of age or older; Filipino citizen with a government-issued ID
53	FRESHAPP	₱14,800₱4,800 interest and fees	17.8%Above an SEC cap	Filipino citizen; At least 18 years old
54	Honey Loan	₱14,800₱4,800 interest and fees	17.8%Above an SEC cap	Not on Honey Loan's listing
55	LF Lending	₱14,800₱4,800 interest and fees	17.8%Above an SEC cap	Filipino citizen living in the Philippines; 18 years old and above
56	Tekcash	₱14,800₱4,800 interest and fees	17.8%Above an SEC cap	Filipino citizen aged 18 or above; At least one valid government-issued ID
57	Cashalo	₱16,000₱6,000 interest and fees	21.9%Above an SEC cap	One valid ID
58	Online Loans Pilipinas	₱16,000₱6,000 interest and fees	21.9%Above an SEC cap	Philippine citizen aged 18+; At least one ID
59	Peso Redee	₱16,000₱6,000 interest and fees	21.9%Above an SEC cap	Philippine citizen older than 18; At least one valid ID
60	Tala	₱16,159₱6,159 interest and fees	12.7%Above an SEC cap	One valid ID
61	Happycash	₱16,918₱6,918 interest and fees	24.9%Above an SEC cap	18+ years old; Filipino citizen
62	Surity Cash	₱16,918₱6,918 interest and fees	24.9%Above an SEC cap	Filipino citizen with a valid ID; 18+ years old

Total cost is interest plus every published fee at the top of each app's range; the all-in cost a month is the effective rate on the cash you receive. Caps: 6% a month interest and 12% a month all-in on loans up to ₱10,000 and 120 days (SEC MC No. 14 s.2025, from Apr 1, 2026).

Apps that do not lend ₱10,000 for 120 days

9 apps

App	Priced on	Total cost, at most	All-in cost a month, at most
Direct LoanFinancing company	₱10,000180 days	₱1,080	3%
PesocashLending company	₱8,000120 days	₱610	3.1%
PesoGOLending company	₱10,000185 days	₱1,673	4.5%
PesohausLending company	₱10,000185 days	₱1,673	4.5%
FINNFinancing company	₱6,000120 days	₱2,240	8.3%
Home CreditFinancing company	₱10,000180 days	₱3,472	9.5%
Credit PesoLending company	₱10,000180 days	₱6,500	16.5%
PeraJetLending company	₱5,000120 days	₱5,918	40.6%
Cash-ExpressFinancing company	₱10,000180 days	₱36,507	74.8%

Each is priced on the loan closest to ₱10,000 for 120 days that it does offer, and ranked by cost a month so different loan sizes compare fairly.

Low interest, long term: ₱10,000 over a year

30 apps

#	App	Total cost, at most	All-in cost a month, at most
1	Pocketcash (Elending)Lending company	₱1,800You repay ₱11,800	2.6%
2	Direct LoanFinancing company	₱2,160You repay ₱12,160	3.1%
3	HappyPera2Lending company	₱2,367You repay ₱12,367	3.4%
4	LoanovaLending company	₱2,880You repay ₱12,880	4.1%
5	LpesoFinancing company	₱2,880You repay ₱12,880	4.1%
6	FinploLending company	₱2,959You repay ₱12,959	4.2%
7	Kidlat PesoLending company	₱2,959You repay ₱12,959	4.2%
8	SurePesoLending company	₱2,959You repay ₱12,959	4.2%
9	Prima LoanLending company	₱3,420You repay ₱13,420	4.8%
10	AtomePay later	₱3,551You repay ₱13,551	5%

The SEC rate caps cover loans of up to four months, so none applies to a one-year loan.

Before you accept any of these loans

Get the Disclosure Statement first. Under RA 3765, the Truth in Lending Act, Sec. 4, it must show the total amount to be financed; the finance charge in pesos and centavos; the finance charge as a simple annual rate on the unpaid balance. Interest and every processing or service fee count in the finance charge. If one is missing, the lender owes you ₱100 or twice the finance charge, up to ₱2,000, claimable within one year (Sec. 6(a)).
Know the late-payment cap. On loans up to ₱10,000 and four months, the penalty is capped at 5% a month on the amount due, and interest, fees and penalties together cannot pass the amount you borrowed (SEC MC No. 14 s.2025, Sec. 3, effective Apr 1, 2026).
Report a charge above the cap to the SEC on hotline 14732 or the SEC iMessage portal.

If your app is not on any list here, search the SEC list of recorded lending apps or the list of apps the SEC has named as illegal. Of the 110 Google Play and App Store listings the SEC printed in its advisories, 110 now show no app, and 17 of the 34 websites it named still load. The SEC named 28 apps in more than one document, some under a new name, so match the company and Certificate of Authority number, not the app name.

This ranking uses each app's published maximum, not the rate it offers you after a credit check; your Disclosure Statement shows that. For a dispute over a loan, contact the lender, then the SEC.

Questions

What is the lowest interest loan app in the Philippines?

On ₱10,000 over 120 days, Pocketcash (Elending) has the lowest published maximum cost of the apps on the SEC list: at most ₱600 in interest and fees. Vplus (at most ₱600) and HappyPera2 (at most ₱789) come next.

Which legit loan apps have low interest?

Of the 62 apps on the SEC list that lend ₱10,000 for 120 days and publish a price, 40 stay within the SEC caps (6% a month interest, 12% a month all-in) at their published maximum.

Which loan app has low interest and a long term?

For ₱10,000 over a year, Pocketcash (Elending) has the lowest published maximum: ₱1,800 in interest and fees, then Direct Loan at ₱2,160. The SEC rate caps do not cover loans longer than four months.

Why rank by total cost instead of the interest rate?

Apps state their price in different ways: a daily rate, a monthly rate, or an APR, and some charge a service or processing fee, either taken from your payout or added to what you repay. The total cost counts all of it, so it is the only figure you can compare across apps.

About this ranking

No lender pays to appear here or to change its position. Each app is ranked by its published maximum, interest plus every published fee. Looking for the best loan app overall, not just the cheapest? See the full comparison.

Interest (nominal)	6% a month
All-in cost (EIR)	12% a month
Late penalty	5% a month on the amount due
Total cost cap	100% of principal