Is PeraJet legit?
PeraJet is on the SEC list, but its published top rate is above the SEC caps on a ₱5,000, 120-day loan. It is run by Perajet Lending Corp (SEC Reg. No. CS201629480, CA No. 2639). The SEC list dated Sep 29, 2026 records it as "Perajet". Being registered does not make every charge lawful: a charge above the caps can be reported to the SEC. SEC list, Sep 29, 2026
| Item | Result | Source |
|---|---|---|
| App on the SEC list of recorded online lending platforms (dated Sep 29, 2026) | Yes, as "Perajet" | SEC list, Sep 29, 2026 |
| Company and SEC Reg. No. | Perajet Lending Corp., CS201629480 | SEC list, Sep 29, 2026 |
| Certificate of Authority No. | 2639 | SEC list, Sep 29, 2026 |
| Price published | Yes: Maximum APR 360%. | Its published terms |
| Loan amount and term | ₱2,000 to ₱5,000, over 90 to 180 days | Its published terms |
On ₱5,000 for 120 days, PeraJet's published terms come to at most ₱5,918 in interest and fees: interest of 29.59% a month and an all-in cost of 40.6% a month, higher because you repay in instalments but pay interest on the original amount the whole time. PeraJet's published terms
Working: 360% a year × 120/365 days × ₱5,000 = ₱5,918 interest. The all-in rate is the monthly rate at which 4 payments of ₱2,729 repay the ₱5,000 you receive (SEC MC No. 14 s.2025 Sec. 2(d)).
Above the SEC caps for this loan: interest 29.59% a month against the 6% cap (above it); all-in 40.6% a month against the 12% cap (above it); total cost above the amount borrowed (above the 100% 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 PeraJet with the other recorded apps.
PeraJet interest rate and what you pay back
Maximum APR 360%.
- You pay back
- Up to ₱10,918
- Cash you receive
- ₱5,000
- Interest and fees
- Up to ₱5,918
- Interest a month, at most
- 29.59%
- All-in cost (EIR) a month, at most
- 40.6%
- Share of the loan
- 118.4%
Stated interest of 29.59% a month is above the 6% nominal cap.
Terms as PeraJet publishes them. 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
PeraJet Disclosure Statement, worked out: ₱5,000 for 120 days
PeraJet 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 | 360% a year × 120/365 days × ₱5,000 | PeraJet's published maximum | ₱5,918 |
| Finance charge | Interest + every fee above | RA 3765 Sec. 4(6) | ₱5,918 |
| Simple annual rate | PeraJet publishes its maximum APR | RA 3765 Sec. 4(7) | Up to 360% |
| Late penalty, at most | 5% × ₱10,000 due | SEC MC No. 14 s.2025 Sec. 3 | ₱500 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 × ₱5,918, up to ₱2,000 | RA 3765 Sec. 6(a) | ₱2,000 |
Should you borrow from PeraJet?
For ₱5,000 over 120 days, Pocketcash (Elending) costs at most ₱300, which is ₱5,618 less than PeraJet's published maximum of ₱5,918.
Skip PeraJet if
- you borrow ₱5,000 for 120 days at its top rate: that is above an SEC cap.
- you need more than ₱5,000.
If you cannot pay PeraJet on time
If all ₱10,000 of a ₱5,000, 120-day PeraJet loan fell due unpaid, the penalty could be at most ₱500 a month, and interest, fees and penalties together could never pass ₱5,000. Perajet Lending Corp'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 Perajet Lending Corp 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 PeraJet's published terms and SEC record, not the offer in your own loan agreement. For a dispute over a specific loan, contact PeraJet first, then the SEC (hotline 14732); for a legal claim, a lawyer.
Questions about PeraJet
Who owns PeraJet?
Perajet Lending Corp (SEC Reg. No. CS201629480), per the SEC list dated Sep 29, 2026.
What is PeraJet's interest rate?
PeraJet states: "Maximum APR 360%." On ₱5,000 for 120 days: interest of 29.59% a month and an all-in cost of 40.6% a month, higher because you repay in instalments but pay interest on the original amount the whole time.
Does PeraJet call your contacts?
Perajet Lending Corp 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 PeraJet 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.