Frequently Asked Questions

Soscredit.ph is a loan broker that helps users in the Philippines compare loan offers from lending partners.

No. Soscredit.ph is not a direct lender. We do not issue loans ourselves. Loan offers, approval and payouts are provided by lending partners.

Requirements depend on the lender, but applicants usually need to be residents of the Philippines, at least 20 years old and able to provide basic personal and income information.

The available loan amount depends on the lending partner, your eligibility, income and application details.

By choosing an online lending service, you get the opportunity to get a loan 24 hours a day, 7 days a week, without going to a credit institution.

Some lending partners may provide a quick decision, but the exact time depends on the lender’s verification and approval process.

It is possible to repay the loan faster than indicated in the payment schedule. Please contact customer service for the exact amount of money remaining.

Before accepting any offer, review the loan amount, interest rate, fees, repayment schedule, penalties and total repayment amount.

Contact your lending partner immediately. They can explain your options, possible late fees and repayment terms. Late payments may lead to extra charges and affect your credit history.

Soscredit.ph does not charge users for submitting a loan request. Always check the lender’s terms for any fees, interest or charges.