PesoRedee

PesoRedee Philippines – Money when you need it

PesoRedee is a licensed online lending platform in the Philippines that provides quick and accessible cash loans to Filipinos in need of financial assistance. The service is designed to be fast, transparent, and fully digital, allowing borrowers to apply for a loan around the clock and get money exactly when they need it.

PesoRedee is ideal for emergency cash needs, bills, tuition, or daily expenses. With promotions for first-time borrowers and better terms for repeat clients, it is a trusted and convenient option for Filipinos looking for legit online loans.

Key features of PesoRedee loans

• Flexible loan amounts – Borrowers can access short-term loans ranging from ₱1,000 to ₱7,000, depending on eligibility.
• Second loan amount – Returning borrowers can loan up to ₱30,000.
• Repayment Period – From 3 to 6 months, depending on your needs.
• Fast approval and disbursement – Loan applications are processed within minutes, with funds sent directly to your bank account or e-wallet.
• Minimal requirements – Only a valid government-issued ID, mobile number, and proof of income are required.
• Safe and legal – PesoRedee is SEC-registered and authorized to operate, ensuring compliance with Philippine lending regulations.

How much can I borrow?

• First-time borrowers – You can apply for a loan from ₱1,000 up to ₱7,000. As a welcome offer, your first loan comes with 0% interest and no processing fee.
• Returning borrowers – Loyal clients in good standing may qualify for higher loan amounts of up to ₱30,000, with flexible repayment options.

Who can apply for a loan from PesoRedee Philippines?

PesoRedee’s loan service is designed to be simple and accessible for Filipinos nationwide. To qualify, you must meet the following requirements:

• Age requirement – Borrowers must be 22 to 70 years old.
• Location – Open to all residents of the Philippines (nationwide coverage).
• Employment status – You should be currently employed, self-employed, or have a steady source of income.
• Valid IDs accepted – Any of the following: TIN, Passport, PRC, UMID, SSS, or Driver’s License.
• Bank or E-Wallet account – Applicants must have an active bank account to receive loan disbursement, or an active E-wallet: GCash, PayMaya, or GrabPay.

Meeting these requirements ensures a fast loan approval process and smooth disbursement directly to your chosen bank or e-wallet.

What are the interest rates for cash loans from pesoredee?

The monthly interest rate for an online loan with pesoredee is 11.9%, which means that for every month the loan is active, an additional 11.9% of the borrowed amount is added as the cost of borrowing. 

What is the maximum APR?

The Annual Percentage Rate (APR) for a loan from PesoRedee, including all commissions, is up to 143% per year. For full details, always check the official Terms & Conditions before applying.

How to apply for a loan?

Applying for a PesoRedee online loan in the Philippines is simple and 100% digital. Just follow these steps:

1. Use the Loan Calculator – On the homepage of the website, select your desired loan amount and repayment term.
2. Complete the Application Form – Fill out all required personal and financial details accurately to avoid delays.
3. Wait for Approval – Once submitted, you will receive an SMS confirmation or a verification phone call from our team.
4. Receive Your Funds – Upon approval, the loan will be transferred directly to your bank account or e-wallet.

How to apply for a Repeat Loan?

PesoRedee values loyal customers and makes it easy for returning borrowers to re-loan. If you have a good repayment record, you can:

• Click the “Repeat Loan” button on the PesoRedee website or loan app.
• Use the link provided via SMS to quickly reapply for a loan. Second loan amount is up to ₱30,000.

How to repay your PesoRedee loan?

On PesoRedee website you can find a complete step-by-step guide (with screenshots) on how to repay your loan. Here are the ayment options available:

• E-Wallets & Online Banking – Pay directly through popular e-wallets like GCash or Maya. Perfect for quick, cashless transactions anytime.
• Over-the-Counter Payments – Settle your loan at accredited payment centers, remittance outlets, or partner banks nationwide. Ideal if you prefer in-person transactions.
• Other Payment Methods – PesoRedee continuously expands its payment network, so borrowers can choose the method that works best for them. Always check PesoRedee’s website for the latest available options.

With flexible repayment methods and precise instructions, PesoRedee makes sure borrowers can repay loans easily, securely, and on time.

Can I get a loan extension?

Yes, PesoRedee allows borrowers to request a loan extension of up to 14 days if you cannot make your next payment on time.

Keep in mind, additional interest and fees may apply, depending on the terms of your loan agreement.

Does PesoRedee have a loan app in the Philippines?

Yes, PesoRedee has a loan app that allows Filipinos to apply for quick online cash loans anytime, anywhere. The loan app is designed for convenience, giving borrowers an easy, reliable, and fully digital lending experience.

The PesoRedee loan app is available for download on official platforms to ensure safety and security:

• Google Play Store (Android) – Download the PesoRedee app directly from the Play Store to apply for loans quickly and securely.
• AppGalery – Huawei users can download the app from Huawei's official app store.
• iOS (Apple Devices) – iPhone users will soon be able to download the PesoRedee app from the App Store.

Is PesoRedee legit and SEC-registered?

Yes. PesoRedee is legit in the Philippines because it is registered and licensed by the Securities and Exchange Commission (SEC) to operate as a financing/lending company.

PesoRedee official SEC-registration details:

• Company Name: PesoRedee Financing Inc.
• SEC Registration Number: № CS201804564, CA №1165
• Certificate of Authority (CA): Granted by the SEC under the Lending Company Regulation Act (RA 9474)

PesoRedee Review: What Filipinos say?

PesoRedee is recognized as a convenient and reliable online lending platform in the Philippines. With its focus on fast application, quick approval, and instant disbursement, it provides Filipinos with access to funds exactly when they need them most.

Borrowers highlight the responsive customer service and supportive staff, making PesoRedee a trusted choice for emergency loans and short-term financial needs.

On the downside, some repeat borrowers of PesoRedee have raised concerns about higher interest rates on subsequent loans.

To avoid surprises, it’s important to carefully read the Terms and Conditions and review the loan’s APR and total cost statement before confirming any loan agreement. This ensures you fully understand the interest rates, fees, and repayment terms.