Shuk Loan-loan app philippines

Easy loan solutions with a fully digital process.

Apply for up to ₱40,000 in cash loans through a secure digital process. Straightforward pricing. Efficient processing. No income documentation required. Install the app to begin.

HOW TO APPLY · Start Your Application Register in the app and answer a few questions to receive a tailored offer. Only one valid ID is required. No collateral or bank account necessary.

· Customize Your Loan Terms Indicate your preferred amount and repayment timeline.

· Receive Funds Electronically Transfers supported to Maya, BPI, GoTyme, GCash, Cebuana, and other participating banks and e-wallets.

· Repay Through Supported Channels Make payments via Maya, ShopeePay, GCash, BPI, BDO, or Metrobank. QR payment available. Repayment can be made partially or in full before or on maturity date.

· Next Loan Application When your current loan is settled, complete a few quick questions to continue with a new application.

APPLICANT CRITERIA · Must be a Filipino citizen residing in the Philippines and at least 18 years old · Must hold one valid government ID and an active mobile number

KEY BENEFITS OF Shuk Loan · Adjustable Repayment Options Select a repayment date that fits your needs Charges correspond to the actual duration of credit use

· Clear Cost Disclosure Service fee: 1% of approved amount All fees are payable on the selected due date No hidden deductions from disbursed funds Charges apply only for days used

· Revolving Credit Structure Single approval allows repeated borrowing within your credit limit (subject to terms)

· Gradual Credit Growth Credit limits available up to ₱40,000 On-time repayment may contribute to increased limits

· Secure System Infrastructure Shuk Loan protects user information using SSL encryption All collection and communication practices are handled professionally

Compared with standard online loan and cash loan apps in the Philippines, Shuk Loan allows eligible users with a reliable repayment history to enjoy continuous credit access.

LOAN AMOUNT AND TENURE The available loan amount ranges from ₱1,000 to ₱40,000. The loan tenure ranges from 91 to 360 days. The applicable Annual Percentage Rate (APR) for the loan is 30.45%. No transaction fee is applied. A service fee between ₱10 and ₱400 will be charged, calculated at a rate of 1%.

ILLUSTRATIVE COMPUTATION For a loan amount of ₱40,000 with a repayment period of 180 days at an APR of 30.45%, and repayment structured in 3 installments, the calculations are as follows: The total interest is calculated as: ₱40,000 x 30.45% / 365 x 180 = ₱6,007. The installment amount is calculated as: ₱40,000 x 30.45% / 365 x 60 + ₱40,000 / 180 x 60 = ₱15,336. The service fee is calculated as: ₱40,000 x 1% = ₱400. Accordingly, the total repayment amount is: ₱40,000 + ₱6,007 = ₱46,007.

Loan offers are customized per customer profile. All fees comply with applicable SEC regulations.

USER PRIVACY & FRAUD PREVENTION We do not share personal data without consent or sell information to third parties. OTP verification supports secure transactions and fraud monitoring.

SUPPORT CHANNEL Email: contactus@shukobuildph.com