Free loan up to PHP 10 000, for each new client!

It is the first service that works with customers in online mode, without the help of a human operator! Its operation is fully automated. Any day of the week, regardless of time, holidays or non-working days, loans instantly. The “Robocash” is a new and improved software that can automatically study more than 1800 data of a client, based on the information of your form.

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Fast Personal Loan in the Philippines

A fast personal loan is a special kind of loan intended to help those who are in a bind and need a quick source of cash to pay off an emergency. The process of obtaining the said loan can take only a few hours. In the Philippines, such loans are very common and many people turn to them. Most often they are people who urgently need money, but the bank has refused them a loan.

So what kinds of emergencies are fast loans usually great for? Fast money loans can be used for any of the following:

Vehicle repairs – when you are stuck on the highway from a broken axle or when in need of a quick repair, the ability to obtain fast loans is very handy to have.

Covering unexpected bills – bills can arrive for any unforeseen situation and bills tend to have deadlines. If the deadline happens to be only in a few hours then again, obtaining a quick personal loan with fast approval in Philippines can ease financial worries.

Supplementing large purchases – prices of goods can fluctuate and what you have set aside for your budget may not be enough, so a quick loan you can get in an hour or less allows you to purchase whatever you need.

Medical emergencies – emergencies of this nature can become quite expensive and happen unexpectedly, so knowing that there is a source of cash for this kind of emergency is useful.

Moving expenses – moving from one house to another can be quite expensive but not so expensive that a personal easy loan does not cover since moving a house may require the service fee of a moving company.

Before anything else, there are certain instances where fast personal loans should not be used for. Here are some of those instances so read about it first before deciding if you should obtain a loan.Using a loan to pay off another loan – this is probably not the most practical way to do it as you are only switching lenders. It is always a good practice to pay off loans on schedule.

Very expensive purchases or entertainment that you can’t afford. Whether it’s a designer dress for the price of your monthly salary or buying the latest game console, it’s probably not the best use for a quick personal loan. When it comes to anything that has to do with entertainment, there are certain occasions when these can be addicting and of course, there is always the tendency to keep loaning from different lenders just to be able to sustain such an addiction.

When you realize that you don’t have the money to repay the loan. In this case, you need to take the amount here, which you can exactly repay on time.

How much money do you need?
10 000
Min: ₱ 1 000
Max: ₱ 10 000
You return: 10 000
All your data is under secure protection!

How do I get a loan from Robocash?

One of the companies that give fast loans in the Philippines is Robocash. Let’s talk about it and find out why people choose this company.

Robocash Loan Conditions

You can get up to 25,000 pesos. You need to register on the site and create an account. Once you have created your account, you will be able to access an online section where you can download a valid ID and contact phone number. You can then choose the amount you intend to borrow. The loan period varies from 7 to 30 days. Remember that the first time you borrow, you can only borrow up to 10,000 pesos for up to 7 days. But for the first loan you will not be charged any interest, and you will return exactly as much as you borrowed.

Requirements for Robocash Borrower

You can get a loan if you are between 21 and 70 years old and have a valid government ID. You also need a valid mobile phone and a permanent address in a city in the Philippines. You will also need to indicate your steady income. As you can see, the requirements are simple and anyone can get a quick loan from Robocash.

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What is the best place to get a personal loan?

We think it’s a Robocash company. Why people сhoose Robocash?

Here we have collected the features that Robocash borrowers particularly praise in their reviews.

  1. Fast application process

Robocash is a money lending service that processes online loan fast approval so, barring any networking-related issues, the money being loaned should be sent in minutes if not seconds.

  1. No bail required

There is no collateral needed when applying for a loan from Robocash. There’s also no need to provide a guarantor. This increases the availability of credit, because not everyone has such an opportunity.

  1. Fast credit decisions

The decision on the easy personal loan is taken very quickly, you do not need to stand in queues and wait for 5-7 days, as it used to be in banks. Here you will get approval in 1 day. This makes Robocash a perfect fit for electronic financial transactions. Time is money and thus issuing loans as quickly as possible is a must for both parties. Since Robocash transactions are electronic, it is only natural that red tape is eliminated.

  1. High approval rate

The faster loans are approved the higher the approval rate and more people can get the necessary help in their time of need. Robocash gives a chance to get money even for those who were denied by the bank. The percentage of approved applications is over 90%. It’s one of the highest rates in the Philippines.

FAQ

  • Are Online Loans Legit?
    Yes, many companies in the Philippines issue loans legally and have a registration number in the government registry. For example, Roboсаsh has SEC Registration No. CS201730459 and Certificate of Authority No. 1150.
  • How Do Online Cash Loans In The Philippines Work?
    More often than not, you can apply for a quick loan online at the company's website. You will need 1 valid ID. The amount will go to your account or you can get it at the company's offices.
  • Where can I borrow money fast in the Philippines?
    You can get a quick loan from Robocash. It takes a few hours and the money will be in your pocket.

What is a good percentage for a personal loan?

Most borrowers in the Philippines take interest rates into account when applying for a loan. The interest rate is important for 50% of Philippine borrowers. A good interest rate for a personal loan is this rate, which is lower than most competitors. Compare all offers and choose the best one. Please note that Roboksh offers a loan for new clients with 0% rate. This is a very advantageous offer!

Who Can Get Fast Personal Loan

Despite the availability of personal loan with fast approval in Philippines, there are still certain requirements needed to obtain a quick online loan. The beauty of these requirements is that the borrower may already possess 1 or a few of these and are thus ready to be presented when applying for a personal loan in the Philippines with no requirements.

– Company ID – If the borrower is already employed, there’s a huge chance he or she already has a company-issued ID. The reason for needing this is that personal loan lenders in the Philippines also need to assess if the borrower is capable of paying the loan back.

– Government-issued ID – This ID is already a given whether the borrower works in government or not or whether the person is employed or not, chances are the borrower already possesses some kind of ID under this category. Examples of IDs: Voter’s ID, TIN, Postal, Passport, Driver’s ID, and others. When used for applying for a loan, at least 2 IDs may be required along with another document.

– Payment Slips – Going back again to employed borrowers, payment slips are automatically given when salaries are given out either in physical paper or email so these can be used also to prove a person’s employment history.

– Proof of Billing – Statement of accounts or receipts when paying for utilities are useful so never throw them away. When applying for a loan these are going to be asked for.

So far, the requirements above are typically asked of people who are employed but what about for business owners? Here is a list of what may be asked from business owners when they want to apply for a loan.

– Business Permit / DTI Registration – Business owners are expected to have these documents along with others like sanitation and fire permits so these also come as a given.

– Income Tax Reform – When paying taxes, these forms are filled up and copies should be kept safe in a cabinet somewhere at all times.

– Financial Statement – These are important documents that detail the daily activities of the business and how money is spent. This is typically reviewed by government agencies, accountants, firms, and others. On the part of a money lender service like Robocash, this can be used to assess if the borrower can pay back any amount loaned.

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For What Purposes Can I Borrow Fast Loan?

The huge plus of fast loans is just that there can be any target. However, we will list some of the most popular reasons to take personal fast loans in the Philippines.

  • Home renovation

Emergencies can come in many forms especially for people living in rough areas, one of the biggest issues. Typhoons, earthquakes, and fires can happen. All of these can not only cause potential medical issues but home restoration as well. Robocash can help fund small home repairs.

  • Educational purposes

Despite many educational institutions are closed around the globe during the ongoing pandemic, education can still be obtained from the right places if you know where to look for. Online classes are provided not just by universities and colleges but even those that are situated purely on the internet. Education is not free for these but there are affordable courses online that can be enrolled in. Robocash can come to the rescue again to help fund a short vocational course.

Otherwise, for traditional classes, anyone short on cash to pay for tuition fees or anything they need for their education can always avail of loans offered by Robocash.

  • For people funding a new business venture

Since a lot of people are moving their business online or looking to be employed online as freelancers, there might be some funding necessary to start a new career. Something like a quick online loan can help fund these financial needs.

  • For people who need more money for business development

Business doesn’t always go as planned and emergencies can happen so with this being said, it would also help to have a quick source of cash to fund the business. Time is money and 1 hour loans are time and money savers.

Benefits of Quick Personal Loans

1. Minimum of documents

Usually you only need 1 document to get a quick loan. It is a Government-issued ID. These IDs are universal and almost every citizen has some form of ID. There are many kinds of IDs under this category so at least this part is already covered for most Filipinos. But if you provide an additional document, you are more likely to approve the application. Either of these documents or both will do:

– Proof of billing – any document issued by utility companies like power, water, and internet service providers. These are just as universal as Government issued IDs if not more so.

– Company ID and pay slips – For Filipinos who are underemployed these documents are given.

Such loan is often called loanwith no requirements in the Philippines, because it can get almost any Filipino.

2. Easy loan application

All you need to get a loan is to fill out a simple questionnaire, specify your name, address, income amount and bank account number. This is enough to get a loan.

3. Many ways to get a loan

You can get a online loan with no requirements loan at a company branch or in your bank account, whichever is more convenient for you.

4. Fast approval

Loans of this nature are great for people who are in a bind and need money quickly the best part of fast approval loans are the minimal requirements that are likely to be in the borrower’s possession already. Fast approval loans also are done electronically so money is sent rather quickly, almost instantly.

5. Available for freelancers

Not all banks are willing to lend to people who have no official place to work. It’s hard for freelancers in the Philippines to get a loan. But fast credit companies very often give loans to freelancers. All you have to do is specify the amount of your steady income, even if it is not official. Robocash is an example site where freelancers can borrow cash for everything they need.

Fast Loan Approval

A personal easy loan for Filipinos is very useful in many ways as the economic situation of the country has a lot of issues from the lack of jobs to low income. Sometimes, there is a need to boost finances in the short term as emergency expenses can pop up at any time.

Such easy loan needs to be given fast just as delays in salaries are bad news. Whether there’s an emergency or not, delayed cash is never really good. As the name implies, application for loans through this channel is done electronically and with minimal requirements which leads to loan requests being approved much faster than those requested from traditional banks. Therefore, quick approval and transfer of the required amount to the account is what people love and appreciate in fast loans.

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How can I get a loan instantly?

Every citizen of the Philippines can apply for and get a quick loan. Here are a few steps to get a quick loan.

  1. Choose a company

There is a huge number of lending companies online to choose from such as Robocash. Make sure to pick legitimate lenders to avoid getting scammed. One way to check that a company is legitimate is to check for its SEC/DTI/BIR permit numbers. At least for services that offer personal loans in Philippines, some have these numbers posted on its web pages. Robocash has its SEC number written at the bottom of its pages. Once you’ve picked the lending company, register for an account. You will see that getting an online loan in the Philippines with no requirements is really easy.

  1. Select a term and amount

Once signed in, start applying for a loan, select the term and amount that you need, and make sure that you are comfortable with the terms of the loan. You can make use of a personal loan calculator to help you, some lending websites have this functionality built into the website for the users’ convenience.

  1. Fill in the form

Fill in the necessary information as accurately as you can.  Make sure to fill in the necessary information accurately and honestly. Before signing up for an account, make sure you cover the requirements such as age and citizenship and that also possess the necessary documents.

  1. Provide necessary documents

Once you have filled up the form, provide the documents being requested. In the case of Robocash, you need one valid ID and supplementary documents like a payslip or proof of billing.

  1. Wait for a decision

At this point, there isn’t much left to do but wait. The approval can take between 1 and 24 hours.

  1. Get money

Once your application is approved, it should now be arriving at the bank or financial institution you chose to deposit the money. Now it’s up to them on how fast you can get the money because they may still do a bit of paperwork for validation.

In case you are denied, you can always try to reapply and try to include more documents.

All operations are performed online - you don't have to leave your house
In only 4 minutes you can receive up to 5000 pesos in your bank account
We don't require guarantors representation, documentation, or guarantee deposits.
The service is fully automated

Types of Personal Loans

All personal loans are divided into 2 large groups: collateral and no collateral. Let’s see how they differ from each other.

Secured loans

  • A type of loan that requires collateral. If the loan is not paid on time, there’s a chance the borrower can lose the collateral.
  • A collateral is any item, e.g. a vehicle, you agree to give away to the lender if you fail to pay what you owed.
  • As a collateral you can use the car, apartment, jewelry and other expensive property.
  • This loan is a lot easier to get since there is less risk to the lender.

Unsecured loans

  • This loan does not require collateral so there is no risk of losing the property.
  • It can be difficult to get, depending on the company.
  • It tends to have a higher interest rate.
  • Robocash offers loans without bail so you don’t have to worry about losing the property.

We can see the great popularity of unsecured loans in the Philippines, because they are easier and more affordable for most citizens.

Conclusion

Applying for loans in the Philippines is easy and does not require too much paperwork, particularly for online platforms like Robocash. The borrower just needs to ensure that they use the money for what is proper. Avoid spiraling to debt by paying current debts owed before applying for another, and to only loan when there is an emergency.

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Robocash Reviews

  • Ryan
    Robocash is one of a kind. They are true to their commitment that once u pass d review they will credit the loaned amount right away! In less than 5 mins we got the money transfered to my gf bank account. Amazing! Two thumbs up ROBOCASH!!!
  • Erica
    I tried Robocash out of curiosity. To cut to the chase, Robocash is ideal for "petsa de peligro" days where it's almost payday but also your bills is on due date because they have short payment terms (I was given 7 days term for my first loan). You can get approved as fast as 30mins and the loan will reflect immediately.
  • Sam
    I loved RoboCash not just the app but for the whole experienced that I had in applying for a loan. Hassle free and loan disbursement is as quick counting 1-2-3.

Download the Robocash mobile app and get loan instantly!

  • Borrowing 24/7
  • Approval rate over 90%
  • 1 Valid ID

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Sean Martin D. Plantado

Author pages:
Sean Martin Plantado is the head of Customer Care Dept. and Online Sales Dept. of Robocash Finance Corp. creating articles, blogs, and other learning mediums that helps Filipinos struggling on their financial literacy. Sean also loves Cycling, Photography, Cinematography, Online gaming, Fine Arts, and dreams of becoming a Doctor of Veterinary Medicine.