We offer to take loans online with the great convenience. The intelligent "Digido" will provide the amount in a few minutes without any charge.
The loan is provided automatically.
Who is eligible to apply?
21-70 years old
Employed individuals and selected professionals
All operations are performed online - you don't have to leave your house
In only 4 minutes you can receive up to ₱ 10 000.00 on your bank account
We don't require guarantors representation, documentation, or guarantee deposits.
The service is fully automated
Applying for a loan through Digido was very easy. My application was accepted immediately. They responded to my inquiries and assured me about the loan.
Great customer service! I needed urgent financial help and Digido came to my rescue. Digido is quite popular based on reviews and customer reviews, and it's true! Thank you for the great service! God bless you!
I liked this service. The transaction and approval is very fast. Good customer service experience and loan terms are fair! Highly recommended!
Irrespective of age, gender, occupation or nationality, people strive hard to achieve financial independence. For many, the conventional teaching of "Spend less, avoid loans, save more" is the gospel words of financial management.
The misconception of loans as evil forces makes people avoid loans as far as possible with the fear of getting into debt. Their cold shoulder approach for loans, even under extreme financial stress, can deteriorate the quality of life quite miserably.
But in reality, loans can be your best buddies in improving your financial health in different ways.
For instance, a loan to upgrade your work productivity or for securing a new skill will fetch dividends in the long run. But if you take loans to satisfy your shopping addiction or for entertainment, it will damage your financial stability for sure.
So it is not loans, but the ways you use them that make the difference
In the Philippines, the distribution of banks is quite scattered, especially in the non-metro regions. It keeps nearly 70% of the population of the Philippines beyond the ambit of formal banking services.
It creates a double whammy effect. The majority of the non-urban population has to travel to remote cities to get a banking service. The massive influx of customers makes the banks overcrowded, and you have to spend considerable time in the queue to get things done. Along with the tedious documentation process, it makes loans from banks an unhappy endeavor for the majority.
On the other hand, for most of the online loans, what you need is just a valid ID card and income proof. The loan application and approval process are straightforward, and anyone with Internet access can get a loan instantly.
The very first step for an online loan is creating a user account on the portal. A user can apply for a loan from his or her account and upload the necessary documents to prove the creditworthiness. The system will evaluate the application and will give you a decision within a few minutes. Once the loan agreement is approved, you will receive the money in the specified account within a few hours.
For repeat borrowers with no pending loans, the documentation part is often omitted for the second loan.
The Internet penetration of the Philippines is high. So when an urgent financial requirement such as a medical emergency or vehicle repairing hits, any Filipino's first choice would be an online loan rather than a brick-and-mortar bank in a distant location.
Not all online money lending companies are legit.
Online lending companies that operate legally have to register its existence under DTI. They should have a physical office set up within the Philippines so that the enforcement authorities can track them down in case of any untoward incidents.
Still, several illegal lenders operate only in the online world. They do not follow the regulation and loot the customers through various unethical practices.
For a borrower who seeks instant loans online, differentiating such lenders from legally operating ones is a bit difficult task. While applying for an instant money loan online, always ensure that the lender is legit by checking the details on the website: https://www.sec.gov.ph/. For example, Digido is a fully legal company, it has SEC Registration No. CS202003056, and Certificate of Authority No. 1272. Any client can check this information on the state website in the list of financial companies.
Digido is a legit and state-licensed online lender. Digido stands out from its competitors with a fully automated online portal and highly innovative, customer-friendly financial solutions.
Our automated loan lending system makes independent decisions based on each application and transfers money within a few hours. We provide a wide range of loans from 0% interest promotional loans to non-collateral loans of up to PHP 25,000.
As a licensed lender, we adhere to the lending rules and regulations without any compromise. We do not inflate the interest rates to cover the risks of a borrower with bad credit history. Similarly, we don't indulge in unethical practices such as hidden charges or asking for upfront commissions to exploit the applicant's vulnerable position.
Digido realizes that not everybody can make loan applications through our online platform or our mobile application. Our banking professionals, with their customer-friendly approach and domain expertise, help such people secure the right loans without any confusion or inconveniences. You can choose your own option to make a loan - come to our office or make a loan on the website.
Whatever your earning level is, a proper financial plan alone can make you a financially independent person. Still, an unexpected requirement for money can ruin your plans. To tide over such situations, you may have to depend on loans from friends, relatives, banks, or lenders.
Traditionally banks are the best option for any loan due to their low-interest rates and more flexible loan conditions. But the requirements for a broad set of documents, good credit score, and lengthy approval time are some of the valid reasons for a borrower to turn away from banks and look for alternatives, mainly lenders.
When an emergency strikes, not everybody has time to visit different lenders or bank branches and compare the loan terms. As an alternative, banks and various financial institutions offer loan processing through an online interface, known as “Online Loans”.
Minimal documentation, high loan approval rate, and immediate fund availability, even for people with lousy credit history, make online loans the most popular type of loans for the Filipinos.
The ability to borrow money online instantly without any complex documentation process is highly tempting. People may use these loans for every financial need without any contemplation. Such an approach could spoil their financial discipline and push them to debts.
Loans are just another financial product. It alone won't do any harm. But if you cannot set your priorities right and do not follow a financial strategy, a loan can be problematic. As long as you make a clear judgment about your financial needs and follow the plan, loans can be a great tool to reach financial independence.
Any Filippino citizen within the age group of 21-70 years, with a working mobile connection, may apply for a loan with Digido.
The applicant has to submit a government-issued identity card. Inclusion of documents such as payslips, COE, ITR, company ID, DTI (if self-employed or with business) along with the loan application will increase your chances of loan approval.
Digido offers loans of PHP 1,000-30,000 with no interest on the first loan for seven days. The only requirement is proof of identity and income.
The availability of quick loans with no interest is a great help for those who just started earning and is building a credit history.
The loan eliminates the over-dependence on loan sharks to overcome the initial financial obligations and improves the borrower's possibilities for a better loan in the future.
Each one has different requirements for the loan amount and loan duration. Our online loan calculator is an exceptional tool that shows the exact repayment amount for each combination of loan amount and loan term.
Let's look at a sample calculation.
The maximum annual loan rate is 143%. Take the amount of PHP 20,000 and a period of 6 months.
In this case, your monthly payment will be only PHP 5,000, and the total cost of interest will be 2,383 pesos monthly.
The availability of a loan calculator in the Philippines helps the Filipino have a clear idea about the optimal loan amount, term, and repayment before subscribing to any loans.
The ever increasing netizens of the Philippines use smartphones as their primary device for Internet connectivity.
Digido mobile App is well optimized and loaded with features. It helps the Internet-savvy Filipinos enjoy the benefits of online lending in a seamless way. If you want to skip a long line in the banks and just apply for an online loan through your phone, we suggest that you download the Digido for Android or Apple mobile application and appreciate its convenience. The application is highly evaluated by users and has many positive feedback from those who have already received money with its help.