Sofi Loan - online installment

Company Information:
Company Name: SOFI LENDING INC.
SEC Registration Number: CS201908275
Registered Business Name: Sofi Loan
Certificate of Authority Number: 2990
Note: Please carefully review the terms and conditions of the Disclosure Statement before proceeding with your loan application.
About Sofi Loan:
Sofi Loan is your trusted partner for short-term financial solutions. Our online lending platform is dedicated to helping you achieve your financial goals with ease. We offer flexible repayment options without the need for collateral, ensuring support during challenging times. Our secure and efficient process guarantees loan disbursement within 24 hours, eliminating long wait times. Begin your journey with our quick 5-minute application process today.
Product Details:
Loan Amounts: PHP 1,000 to PHP 70,000
Loan Terms: Minimum of 91 days (including renewals) up to a maximum of 180days (including renewals)
Annual Interest Rate (APR): Up to 36%, with a special 0% rate for new users
Fees: No hidden charges. A one-time service fee of 10% is deducted at disbursement based on profile assessment.
Loan Example:
For a PHP 5,000 loan over 180 days (6 months) at a 10% APR and a one-time 10% service fee with no additional fees:
One-time Service Fee: PHP 500 (5,000 * 10%)
Disbursement Amount: PHP 4,500 (5,000 - 500)
Total Interest: PHP 247 (5,000 * 10% * 180/365)
Total Repayment: PHP 5,247 (5,000 + 247)
Monthly Repayment: PHP 875 (5,247 / 6)
Eligibility Requirements:
Filipino citizen
At least 18 years old
Possess a government-issued ID
How to Apply:
1. Download the Sofi Loan app from Google Play and install it on your mobile device.
2. Complete the simple application form.
3. Receive instant approval.
4. Funds are transferred to your selected account immediately upon approval.
5. After repayment, you are eligible to apply for a higher loan amount.
Payment Options:
Use the app to choose from a variety of repayment methods, including e-wallets and convenience stores across the Philippines, such as GCash, Paymaya, M Lhuillier, RD Pawnshop, 7-11, and more.
Promotional Offers:
Zero interest for first-time users
Exclusive coupons for returning customers
Join Sofi Loan today and take advantage of these limited-time offers to meet your financial needs with confidence and ease!