Is MCP Finance legit?
Yes. MCP Finance is on the SEC list of recorded online lending platforms. It is run by MCP Finance Inc (SEC Reg. No. 138629). The SEC list dated Sep 29, 2026 records it as "MCP Finance Inc". The company was formerly Transnational Financial Services, 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 "MCP Finance Inc" | SEC list, Sep 29, 2026 |
| Company and SEC Reg. No. | MCP Finance Inc, 138629 | SEC list, Sep 29, 2026 |
| Certificate of Authority No. | Not on MCP Finance's listing or the SEC list | SEC list, Sep 29, 2026 |
| Price published | No rate on MCP Finance's website |
MCP Finance publishes no interest rate, so its cost shows only in the Disclosure Statement you get before you accept.
Next: ask MCP Finance for its Disclosure Statement before you accept, or compare apps that publish their price.
Should you borrow from MCP Finance?
You see MCP Finance's price only after you apply; Pocketcash (Elending) publishes a maximum of ₱300 for ₱5,000 over 120 days.
Skip MCP Finance if
- you want to know the cost before you apply: it publishes no rate.
If you cannot pay MCP Finance on time
On MCP Finance 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. MCP Finance 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 MCP Finance 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.
This page covers MCP Finance's published terms and SEC record, not the offer in your own loan agreement. For a dispute over a specific loan, contact MCP Finance first, then the SEC (hotline 14732); for a legal claim, a lawyer.
Questions about MCP Finance
Who owns MCP Finance?
MCP Finance Inc (SEC Reg. No. 138629), per the SEC list dated Sep 29, 2026.
Does MCP Finance call your contacts?
MCP Finance 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). Report it to the SEC on 14732.
Cheaper than MCP Finance for ₱5,000 over 120 days
No lender pays to appear on this site or to change its position.
- Pocketcash (Elending): at most ₱300 in interest and fees (18% a year × 120/360 days × ₱5,000 = ₱300 (interest and fees)); lends ₱1,000 to ₱50,000.
- Vplus: at most ₱300 in interest and fees (18% a year × 120/360 days × ₱5,000 = ₱300 interest); lends ₱1,000 to ₱50,000.
- Pesos.ph: at most ₱395 in interest and fees (24% a year × 120/365 days × ₱5,000 = ₱395 interest); lends ₱1,500 to ₱50,000.