Is Pesoplus legit?
Yes. Pesoplus 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 "Pesoplus". 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 "Pesoplus" | 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 Pesoplus) | Google Play, updated Sep 3, 2026 |
| Price published | Yes: Annual interest rate 3.5% to 24%. | Google Play, updated Sep 3, 2026 |
| Loan amount and term | ₱3,000 to ₱50,000, over 91 to 120 days | Google Play, updated Sep 3, 2026 |
| Google Play rating | 4.8 of 5 from 824 ratings, 5K+ installs, as of Oct 2, 2026 | Google Play, updated Sep 3, 2026 |
On ₱5,000 for 120 days, Pesoplus's published terms come to at most ₱395 in interest and fees (₱58 at its lowest published rate): interest of 1.97% a month and an all-in cost of 3.1% a month, higher because you repay in instalments but pay interest on the original amount the whole time. Pesoplus on Google Play, updated Sep 3, 2026
Working: 24% a year × 120/365 days × ₱5,000 = ₱395 interest. The all-in rate is the monthly rate at which 4 payments of ₱1,349 repay the ₱5,000 you receive (SEC MC No. 14 s.2025 Sec. 2(d)).
Within the SEC caps for this loan: interest 1.97% a month against the 6% cap; all-in 3.1% 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 Pesoplus with the other recorded apps, or get it from its official Google Play listing.
Pesoplus interest rate and what you pay back
Annual interest rate 3.5% to 24%.Its own example, ₱18,000 for 91 days
₱18,000 + (₱18,000 × 24% ÷ 365 × 91) = ₱19,077.04
- You pay back
- ₱5,058 to ₱5,395
- Cash you receive
- ₱5,000
- Interest and fees
- ₱58 to ₱395
- Interest a month, at most
- 1.97%
- All-in cost (EIR) a month, at most
- 3.1%
- Share of the loan
- 7.9%
Terms from Pesoplus's Google Play listing, updated Sep 3, 2026. The calculator gives the same ₱19,077 for Pesoplus'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
Pesoplus Disclosure Statement, worked out: ₱5,000 for 120 days
Pesoplus 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 | 24% a year × 120/365 days × ₱5,000 | Pesoplus's published maximum | ₱395 |
| Finance charge | Interest + every fee above | RA 3765 Sec. 4(6) | ₱395 |
| Simple annual rate | Pesoplus publishes its maximum APR | RA 3765 Sec. 4(7) | Up to 24% |
| Late penalty, at most | 5% × ₱5,395 due | SEC MC No. 14 s.2025 Sec. 3 | ₱270 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 × ₱395, up to ₱2,000 | RA 3765 Sec. 6(a) | ₱789 |
Should you borrow from Pesoplus?
For ₱5,000 over 120 days, Pocketcash (Elending) costs at most ₱300, which is ₱95 less than Pesoplus's published maximum of ₱395.
Choose Pesoplus if
- you borrow ₱10,000 or less for up to four months: its published maximum stays within the SEC caps.
- you need up to ₱50,000.
Skip Pesoplus if
- you need more than 120 days to repay.
Pesoplus requirements, customer service and how to pay
- Requirements
- Filipino, 18 years old or above
- info@pesoplus.ph
- Phone
- 09100195499
- Pay through
- The channels shown in the app for your loan
As Pesoplus lists them on its Google Play listing, updated Sep 3, 2026. Use only these channels or the app itself. Source
If you cannot pay Pesoplus on time
If all ₱5,395 of a ₱5,000, 120-day Pesoplus loan fell due unpaid, the penalty could be at most ₱270 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 Pesoplus first at info@pesoplus.ph or 09100195499. 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.
- Lpeso listed as "Lpeso"
This page covers Pesoplus's published terms and SEC record, not the offer in your own loan agreement. For a dispute over a specific loan, contact Pesoplus first, then the SEC (hotline 14732); for a legal claim, a lawyer.
Questions about Pesoplus
Who owns Pesoplus?
Singularity Financing Inc (SEC Reg. No. 2021060015436-59), which also runs Lpeso, per the SEC list dated Sep 29, 2026.
What is Pesoplus's interest rate?
Pesoplus states (Pesoplus's Google Play listing, updated Sep 3, 2026): "Annual interest rate 3.5% to 24%." On ₱5,000 for 120 days: interest of 1.97% a month and an all-in cost of 3.1% a month, higher because you repay in instalments but pay interest on the original amount the whole time.
What are the requirements for Pesoplus?
Pesoplus lists (Pesoplus's Google Play listing, updated Sep 3, 2026): Filipino, 18 years old or above.
What is Pesoplus's customer service number or e-mail?
Phone: 09100195499. E-mail: info@pesoplus.ph. As listed by Pesoplus (Pesoplus's Google Play listing, updated Sep 3, 2026).
Does Pesoplus 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 Pesoplus at info@pesoplus.ph, then the SEC on 14732.
Cheaper than Pesoplus 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.