Is Pesoloan legit?
Yes. Pesoloan is on the SEC list of recorded online lending platforms. It is run by Masaganang Buhay Finance Philippines Corp (SEC Reg. No. CS201824008, CA No. 1185). The SEC list dated Sep 29, 2026 records it as "Pesoloan". SEC list, Sep 29, 2026
| Item | Result | Source |
|---|---|---|
| App on the SEC list of recorded online lending platforms (dated Sep 29, 2026) | Yes, as "Pesoloan" | SEC list, Sep 29, 2026 |
| Company and SEC Reg. No. | Masaganang Buhay Finance Philippines Corp., CS201824008 | SEC list, Sep 29, 2026 |
| Certificate of Authority No. | 1185 (as printed by Pesoloan) | Google Play, updated Sep 4, 2026 |
| SEC notices naming the app or lookalikes | 1 document, latest SEC advisory on unrecorded online lending platforms and websites of Mar 6, 2026 | SEC, Mar 6, 2026 |
| Price published | Yes: Maximum APR 31%. | Google Play, updated Sep 4, 2026 |
| Loan amount and term | ₱1,000 to ₱100,000, over 91 to 180 days | Google Play, updated Sep 4, 2026 |
| Google Play rating | 4.7 of 5 from 227,603 ratings, 1M+ installs, as of Oct 2, 2026 | Google Play, updated Sep 4, 2026 |
On ₱5,000 for 120 days, Pesoloan's published terms come to at most ₱510 in interest and fees: interest of 2.55% a month and an all-in cost of 4% a month, higher because you repay in instalments but pay interest on the original amount the whole time. Pesoloan on Google Play, updated Sep 4, 2026
Working: 31% a year × 120/365 days × ₱5,000 = ₱510 interest. The all-in rate is the monthly rate at which 4 payments of ₱1,377 repay the ₱5,000 you receive (SEC MC No. 14 s.2025 Sec. 2(d)).
Within the SEC caps for this loan: interest 2.55% a month against the 6% cap; all-in 4% 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 Pesoloan with the other recorded apps, or get it from its official Google Play listing.
Not the same as Pesolending (not on the SEC list). Check the company name in the app before you borrow: Pesoloan here is Masaganang Buhay Finance Philippines Corp.
Pesoloan interest rate and what you pay back
Maximum APR 31%.Its own example, ₱20,000 for 120 days
Total interest: PHP20,000 * (31% / 365) * 120days = PHP2,038.36
- You pay back
- Up to ₱5,510
- Cash you receive
- ₱5,000
- Interest and fees
- Up to ₱510
- Interest a month, at most
- 2.55%
- All-in cost (EIR) a month, at most
- 4%
- Share of the loan
- 10.2%
Terms from Pesoloan's Google Play listing, updated Sep 4, 2026. The calculator gives the same ₱22,038 for Pesoloan'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
Pesoloan Disclosure Statement, worked out: ₱5,000 for 120 days
Pesoloan 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 | 31% a year × 120/365 days × ₱5,000 | Pesoloan's published maximum | ₱510 |
| Finance charge | Interest + every fee above | RA 3765 Sec. 4(6) | ₱510 |
| Simple annual rate | Pesoloan publishes its maximum APR | RA 3765 Sec. 4(7) | Up to 31% |
| Late penalty, at most | 5% × ₱5,510 due | SEC MC No. 14 s.2025 Sec. 3 | ₱275 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 × ₱510, up to ₱2,000 | RA 3765 Sec. 6(a) | ₱1,019 |
Should you borrow from Pesoloan?
For ₱5,000 over 120 days, HappyPera2 costs at most ₱395, which is ₱115 less than Pesoloan's published maximum of ₱510.
Choose Pesoloan if
- you borrow ₱10,000 or less for up to four months: its published maximum stays within the SEC caps.
- you need up to ₱100,000.
Pesoloan requirements, customer service and how to pay
- Requirements
- Filipino citizen; 18 to 60 years old
- support@pesoloan.ph
- Phone
- Not listed on its Google Play listing
- Pay through
- The channels shown in the app for your loan
As Pesoloan lists them on its Google Play listing, updated Sep 4, 2026. Use only these channels or the app itself. Source
If you cannot pay Pesoloan on time
If all ₱5,510 of a ₱5,000, 120-day Pesoloan loan fell due unpaid, the penalty could be at most ₱275 a month, and interest, fees and penalties together could never pass ₱5,000. Masaganang Buhay Finance Philippines 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).
Complain to Pesoloan first at support@pesoloan.ph. If that fails, report Masaganang Buhay Finance Philippines 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.
Pesoloan regulatory history
- Mar 6, 2026The SEC named Peso Loan-loan app Philippines on the Apple App Store as not authorized to lend. Check that the developer is Masaganang Buhay Finance Philippines Corp before you install. Source
This page covers Pesoloan's published terms and SEC record, not the offer in your own loan agreement. For a dispute over a specific loan, contact Pesoloan first, then the SEC (hotline 14732); for a legal claim, a lawyer.
Questions about Pesoloan
Who owns Pesoloan?
Masaganang Buhay Finance Philippines Corp (SEC Reg. No. CS201824008), per the SEC list dated Sep 29, 2026.
What is Pesoloan's interest rate?
Pesoloan states (Pesoloan's Google Play listing, updated Sep 4, 2026): "Maximum APR 31%." On ₱5,000 for 120 days: interest of 2.55% a month and an all-in cost of 4% a month, higher because you repay in instalments but pay interest on the original amount the whole time.
What are the requirements for Pesoloan?
Pesoloan lists (Pesoloan's Google Play listing, updated Sep 4, 2026): Filipino citizen; 18 to 60 years old.
What is Pesoloan's customer service number or e-mail?
E-mail: support@pesoloan.ph. As listed by Pesoloan (Pesoloan's Google Play listing, updated Sep 4, 2026).
Does Pesoloan call your contacts?
Masaganang Buhay Finance Philippines 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). Raise it with Pesoloan at support@pesoloan.ph, then the SEC on 14732.
Can I be jailed for an unpaid Pesoloan loan?
The 1987 Constitution says: "No person shall be imprisoned for debt or non-payment of a poll tax." (1987 Constitution, Art. III, Sec. 20). Issuing a check that bounces is a separate offense under BP Blg. 22.
Cheaper than Pesoloan 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".
- Loanova: at most ₱480 in interest and fees (29.2% a year × 120/365 days × ₱5,000 = ₱480 interest); lends ₱4,000 to ₱100,000. Downside: skip it if you have no regular income: it asks for "active phone number and regular income".