Is Lpeso legit?
Yes. Lpeso is on the SEC list of recorded online lending platforms. It is run by Singularity Financing Inc (SEC Reg. No. 2021060015436-59, CA No. 1326). The SEC list dated Sep 29, 2026 records it as "Lpeso". The company was formerly Singularity Lending Inc (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 "Lpeso" | SEC list, Sep 29, 2026 |
| Company and SEC Reg. No. | Singularity Financing Inc., 2021060015436-59 | SEC list, Sep 29, 2026 |
| Certificate of Authority No. | 1326 (as printed by Lpeso) | Google Play, updated Sep 17, 2026 |
| Price published | Yes: Maximum APR 29.2%; processing, service and other fees ₱0 in the sample loan. | Google Play, updated Sep 17, 2026 |
| Loan amount and term | ₱3,000 to ₱60,000, over 91 to 365 days | Google Play, updated Sep 17, 2026 |
| Google Play rating | 4.8 of 5 from 11,669 ratings, 10K+ installs, as of Oct 2, 2026 | Google Play, updated Sep 17, 2026 |
On ₱5,000 for 120 days, Lpeso'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. Lpeso on Google Play, updated Sep 17, 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 Lpeso with the other recorded apps, or get it from its official Google Play listing.
Lpeso interest rate and what you pay back
Maximum APR 29.2%; processing, service and other fees ₱0 in the sample loan.Its own example, ₱10,000 for 120 days
Interest calculation: ₱10,000.00 x 18% x 120 / 365 = ₱591.78
- 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 Lpeso's Google Play listing, updated Sep 17, 2026. The calculator gives the same ₱10,592 for Lpeso'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
Lpeso Disclosure Statement, worked out: ₱5,000 for 120 days
Lpeso 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 | Lpeso's published maximum | ₱480 |
| Finance charge | Interest + every fee above | RA 3765 Sec. 4(6) | ₱480 |
| Simple annual rate | Lpeso 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 Lpeso?
For ₱5,000 over 120 days, HappyPera2 costs at most ₱395, which is ₱85 less than Lpeso's published maximum of ₱480.
Choose Lpeso 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 ₱60,000.
Skip Lpeso if
- you have no regular income: it asks for "verifiable source of income".
Lpeso requirements, customer service and how to pay
- Requirements
- Philippine resident aged 18 to 60; Active Philippine mobile number; Valid government-issued ID; Verifiable source of income
- cs@lpeso.ph
- Phone
- Not listed on its Google Play listing
- Pay through
- GCash, Maya, 7-Eleven
As Lpeso lists them on its Google Play listing, updated Sep 17, 2026. Use only these channels or the app itself. Source
If you cannot pay Lpeso on time
If all ₱5,480 of a ₱5,000, 120-day Lpeso loan fell due unpaid, the penalty could be at most ₱274 a month, and interest, fees and penalties together could never pass ₱5,000. Singularity 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).
Complain to Lpeso first at cs@lpeso.ph. If that fails, report Singularity 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.
Other apps from Singularity Financing Inc
Singularity 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.
- Pesoplus listed as "Pesoplus"
This page covers Lpeso's published terms and SEC record, not the offer in your own loan agreement. For a dispute over a specific loan, contact Lpeso first, then the SEC (hotline 14732); for a legal claim, a lawyer.
Questions about Lpeso
Who owns Lpeso?
Singularity Financing Inc (SEC Reg. No. 2021060015436-59), which also runs Pesoplus, per the SEC list dated Sep 29, 2026.
What is Lpeso's interest rate?
Lpeso states (Lpeso's Google Play listing, updated Sep 17, 2026): "Maximum APR 29.2%; processing, service and other fees ₱0 in the sample loan." 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 Lpeso?
Lpeso lists (Lpeso's Google Play listing, updated Sep 17, 2026): Philippine resident aged 18 to 60; Active Philippine mobile number; Valid government-issued ID; Verifiable source of income.
What is Lpeso's customer service number or e-mail?
E-mail: cs@lpeso.ph. As listed by Lpeso (Lpeso's Google Play listing, updated Sep 17, 2026).
How do I pay my Lpeso loan?
Lpeso lists these channels (Lpeso's Google Play listing, updated Sep 17, 2026): GCash, Maya, 7-Eleven. 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 Lpeso call your contacts?
Singularity Financing 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 Lpeso at cs@lpeso.ph, then the SEC on 14732.
Cheaper than Lpeso 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".