When you find yourself out of funds and there’s something that you need to pay, apersonal loan in Mindanao  can be one of your options. There are various lenders and banks offering this to borrowers. There are different types of personal loans available, but the most basic are secured and unsecured. A secured loan requires collateral, which would be repossessed by the lender in case you default on your payment. Unsecured loans on the other hand do not require collateral. However, they usually have higher interest rates.

Lenders have varying requirements for approving applications. However, they generally need a proof that you would be able to repay the loan. This is why credit check is often done to determine your creditworthiness. A good credit score increases the chance that your loan would be approved. It could also help you land a low interest rate because you’re not considered as a risk. Low credit score on the other hand could affect your chance of approval and if you do get approved, you may be offered higher interest rate. If you decide to apply for a personal loan, make sure to consider the monthly payment that you need to include in your budget once it gets approved to prevent late fees or defaulting on your payment.

Comparing the terms and conditions of lenders is important when applying for a personal loan. This would help you determine which of them would work best for you.Loansolutions PH  is here to make the process convenient and quick. We’ll help you find the best lenders through our site. We have partnered with lenders that offer flexible terms and low interest rates. We’ll find your match and let you decide which of them you would like to continue with your application with.


Filipino citizens who are at least 21-years old and have a monthly income of at least PhP15,000 may qualify for a personal loan. Some of our lenders may also approve loans for foreigners with ACR (Alien Certification for Residency). Other requirements include the latest certificate of employment, scanned company ID, scanned government issued ID, copy of ITR, latest payslip and latest proof of billing. You may apply for a minimum amount of PhP10,000. The interest rate is 1% to 5%, which is within the market standard. There is no fee to apply on our site and there’s also no obligation. Start your application at Loansolutions.ph  now so you can have your personal loan approved and use it for your needs.