Is Vplus legit?
Yes. Vplus is on the SEC list of recorded online lending platforms. It is run by Peso Agad Lending Corporation (SEC Reg. No. CS201918401, CA No. 3158). The SEC list dated Sep 29, 2026 records it as "Vplus". The company was formerly Philippine Vastness Lending Corporation (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 "Vplus" | SEC list, Sep 29, 2026 |
| Company and SEC Reg. No. | Peso Agad Lending Corporation, CS201918401 | SEC list, Sep 29, 2026 |
| Certificate of Authority No. | 3158 (as printed by Vplus) | Google Play, updated Jun 9, 2026 |
| Price published | Yes: Maximum annual interest rate 18%. No hidden fees. | Google Play, updated Jun 9, 2026 |
| Loan amount and term | ₱1,000 to ₱50,000, over 91 to 180 days | Google Play, updated Jun 9, 2026 |
| Google Play rating | 4.6 of 5 from 40,064 ratings, 100K+ installs, as of Oct 2, 2026 | Google Play, updated Jun 9, 2026 |
On ₱5,000 for 120 days, Vplus's published terms come to at most ₱300 in interest and fees: interest of 1.5% a month and an all-in cost of 2.4% a month, higher because you repay in instalments but pay interest on the original amount the whole time. Vplus on Google Play, updated Jun 9, 2026
Working: 18% a year × 120/360 days × ₱5,000 = ₱300 interest. The all-in rate is the monthly rate at which 4 payments of ₱1,325 repay the ₱5,000 you receive (SEC MC No. 14 s.2025 Sec. 2(d)).
Within the SEC caps for this loan: interest 1.5% a month against the 6% cap; all-in 2.4% 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 Vplus with the other recorded apps, or get it from its official Google Play listing.
Vplus interest rate and what you pay back
Maximum annual interest rate 18%. No hidden fees.Its own example, ₱12,000 for 120 days
Interest: ₱12,000 × 0.05% × 120 = ₱720
- You pay back
- Up to ₱5,300
- Cash you receive
- ₱5,000
- Interest and fees
- Up to ₱300
- Interest a month, at most
- 1.5%
- All-in cost (EIR) a month, at most
- 2.4%
- Share of the loan
- 6%
Terms from Vplus's Google Play listing, updated Jun 9, 2026. The calculator gives the same ₱12,720 for Vplus'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
Vplus Disclosure Statement, worked out: ₱5,000 for 120 days
Vplus 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 | 18% a year × 120/360 days × ₱5,000 | Vplus's published maximum | ₱300 |
| Finance charge | Interest + every fee above | RA 3765 Sec. 4(6) | ₱300 |
| Simple annual rate | Vplus publishes its maximum APR | RA 3765 Sec. 4(7) | Up to 18% |
| Late penalty, at most | 5% × ₱5,300 due | SEC MC No. 14 s.2025 Sec. 3 | ₱265 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 × ₱300, up to ₱2,000 | RA 3765 Sec. 6(a) | ₱600 |
Should you borrow from Vplus?
Vplus's published maximum of ₱300 is the lowest among the recorded apps that price ₱5,000 over 120 days.
Choose Vplus 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.
- you have one valid ID and no payslip.
Vplus requirements, customer service and how to pay
- Requirements
- Mobile number; Valid ID; At least 21 years old
- In its words
all you need is a mobile number, a valid ID, and be at least 21 years old
- Helpcenter@vastness-vplus.com
- Phone
- Not listed on its Google Play listing
- Pay through
- The channels shown in the app for your loan
As Vplus lists them on its Google Play listing, updated Jun 9, 2026. Use only these channels or the app itself. Source
If you cannot pay Vplus on time
If all ₱5,300 of a ₱5,000, 120-day Vplus loan fell due unpaid, the penalty could be at most ₱265 a month, and interest, fees and penalties together could never pass ₱5,000. Peso Agad Lending Corporation'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 Vplus first at Helpcenter@vastness-vplus.com. If that fails, report Peso Agad Lending Corporation 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 Vplus's published terms and SEC record, not the offer in your own loan agreement. For a dispute over a specific loan, contact Vplus first, then the SEC (hotline 14732); for a legal claim, a lawyer.
Questions about Vplus
Who owns Vplus?
Peso Agad Lending Corporation (SEC Reg. No. CS201918401), per the SEC list dated Sep 29, 2026.
What is Vplus's interest rate?
Vplus states (Vplus's Google Play listing, updated Jun 9, 2026): "Maximum annual interest rate 18%. No hidden fees." On ₱5,000 for 120 days: interest of 1.5% a month and an all-in cost of 2.4% a month, higher because you repay in instalments but pay interest on the original amount the whole time.
What are the requirements for Vplus?
Vplus lists (Vplus's Google Play listing, updated Jun 9, 2026): Mobile number; Valid ID; At least 21 years old.
What is Vplus's customer service number or e-mail?
E-mail: Helpcenter@vastness-vplus.com. As listed by Vplus (Vplus's Google Play listing, updated Jun 9, 2026).
Does Vplus call your contacts?
Peso Agad Lending Corporation 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 Vplus at Helpcenter@vastness-vplus.com, then the SEC on 14732.
Lowest-cost recorded apps 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.
- 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.
- 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".