Easy cash loan up to PHP 10 000 for every Filipino!

What are easy cash loans for and how can they help you? Read about it in this article. How to get approved for a loan of up to 10,000 pesos, what requirements you need to meet and other important conditions for an online loan. Digido will give you an urgent loan if you are a Filipino citizen and have 1 ID and a mobile phone.

Easy Cash Loan Online in the Philippines

Published: April 15, 2019. Last updated: June 29, 2022

Written by: Sean Martin D. Plantado | Reviewed by: Rafael Hular

Key takeaways:

  • The primary purpose of cash loans is the mitigation of a financial emergency.
  • Bank loans are more profitable, but they are more difficult to obtain than an online loan.
  • Most online companies do not require collateral, a guarantor or a credit card to approve a cash loan.
  • Digido offers short-term loans of PHP 1000 to 25000 for up to 30 days.

Even with excellent financial planning and discipline, one can’t eliminate the possibilities of financial emergencies completely. Everyone goes through different forms of the financial crisis at various stages of life. It can be arranging funds to pay your kid’s school fee, or fund a vacation, or fix a leaky roof. For the majority of Filipinos, who live a paycheck to paycheck life, such an immediate and urgent requirement for finance creates a bewildering situation.  Unfortunately, the average salary in the country is low, and people cannot save for an emergency. (1) Many companies come to lending money in the Philippines because it is very much in demand. Just type in “lending company near me” to see how many there are. The most important thing is to choose a company that gives legit cash loans online in the Philippines.

Banks are the primary choice of an average Filipino for his financial needs. The choice of reliable banks in the Philippines is very large. (2) But the banks are infamous for long queues and inordinate delay of  approval due to the vetting of several documents to assess the applicant’s repayment capacity. Even if the time frame is acceptable, things such as bad credit history, irregular income, or absence of guarantor can loom over your loan approval possibilities. 

 It means you can’t get easy cash loans online in the Philippines with sure approval if you take the bank route. This uncertainty encourages people to check for other alternatives, mainly lending companies, to overcome their pressing financial needs. Minimal eligibility requirements, and customer-centric approaches make lending companies the primary choice for easy loan money across the Philippines. In recent years, very popular easy cash loan apps where you can take a cash loan Ph using your smartphone.

I want to borrow ₱ 10000
Min: ₱ 1000
Max: ₱ 20000
Payment Terms 10 days
7 days
21 days
My Monthly Gross Income ₱ 20000
You return*: 10 000
All your data is under secure protection!
We recommend taking a loan!

* Interest payments are approximate. The final loan amount and interest rate must be confirmed in your loan agreement after loan approval.

What are Cash Loans?

“Cash loans” is an umbrella term used to represent a variety of short term loans such as Payday loans, salary loans, personal loans, or Line of Credit loans, etc. These loans are an ideal solution to tide over an imminent financial crisis when all other sources of income become dry. 

Usually, the amount available through these loans will be much smaller compared with conventional mortgages or car loans. Similarly, the repayment window would be shorter from days to weeks or months but often won’t exceed 12 months. 

The significant advantages of cash loans are:

  • The eligibility criteria are minimal. No need to submit your payslips or arrange a guarantor. We can say that these are loans in the Philippineswith no requirements.
  • Fast approval. The majority of the loans get approved within one day. You will get an easy cash loan today.
  • Instant cash availability. After the easy online cash loan approval, the entire amount will be transferred to your account on the same day. 
  • Good credit history or a valid bank account is not mandatory. However, in some companies you can get an online loan in the Philippines without a bank account.
  • You can use the money for any purpose, no questions are asked. 

Even though the Philippines has a high internet penetration level, 72.7% of the population as of 2020, (3) cash payments still dominate the market. It necessitates people to carry currency whenever they perform purchases or payments. It limits their ability to explore the possibilities of credit cards payments or other digital payment features, such as pre-planning their payment schedules or accumulation of reward points. The dire necessity of printed fast cash for day to day activities and easy availability makes online fast cash loans the most popular financial product throughout the Philippines. 

→ Useful information about 24 hour payday loan in the Philippines

Where can I borrow money online in the Philippines?

We recommend Digido for easy personal loan Philippines with no collateral. Here every Filipino can get a loan. Digido, a legit financial institution that operates with a state license, is the most popular destination for an average Filipino for his financial needs. Their innovative financial products, implementation of cutting edge technical adaptations, and customer-centric approaches make them the most dependable and trustworthy lender across the Philippines. With a well-established network of many branches across the country and a complete online portal that works 24/7, Digido makes instant cash loans in the Philippines accessible to all. 

Digido online portal or mobile app enables anyone with an Internet connection to get an easy cash loan online in the Philippines within a few minutes. So whenever a crisis knocks, our personal loans online privileges one to get the essential monetary support from anywhere, anytime with minimal procedures. For those who are not comfortable with these online processes, Digido brick-and-mortar branches will be of great help. Friendly, competent, and customer-focused staff will walk you through the easy cash loan application and approval process in a hassle-free way. If you want to know what the best cash loan app in the Philippines is, we say it’s Digido!

→ Learn more about Personal Loans With Bad Credit Score

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How can I get a 5000 loan amount?

Digido offers short term loans ranging from PHP 1,000 to PHP 25,000. For first time borrowers, the maximum limit is PHP 10,000, and the loan period is 5-15 days. 

Once you clear your loans properly, your credit limit will get automatic enhancements up to PHP 25,000. For such repeat customers, the loan period would be 5-30 days. The daily interest rate for the loans is 1.5%. For new clients there is now an attractive offer – a 0% loan. You can apply for a money loan  Philippines on this website or in the Digido fast cash loan app. If you want details, it’s on the website in the Frequently Asked Questions.

Easy online cash loan without a bank account in Digido

Digido provides maximum flexibility for the borrower. Сredit calculator application gives accurate information about the interest and repayments for each loan amount and loan term combination. It allows the borrower to make informed choices about the loan amount and term, based on his financial health. 

The loan is available for people with credit rating errors, members of multi-children families, freelancers, working students from 21 years and working pensioners up to 70 years old. 

Digido uses the most advanced robot to automate the loan application and disbursement process. The robot performs scrutiny for each application and makes decisions objectively. You will get loan cash in minutes. The robot will automatically initiate the transfer of approved loans to the specified account as well. If the borrower lacks a valid bank account, the system will make necessary arrangements so that the user can collect the money from designated points without any further delay. Similarly, you can get an easy loan online Philippines without a credit card from Digido.

→ Learn more about loan online without income proof

All operations are performed online - you don't have to leave your house
In only 4 minutes you can receive up to 5000 pesos in your bank account
We don't require guarantors representation, documentation, or guarantee deposits.
The service is fully automated

What is the best online loan in the Philippines?

We are sure that this is Digido Philippines inc. Why do people choose Digido?

Let’s name the most obvious advantages that attract borrowers of Digido.

  • cash loan online with fast approval 95%;
  • SEC registration;
  • available in any Philippine city;
  • 1 or 2 valid IDs. Can’t take an online loan in the Philippines without valid ID;
  • Fully automated online  system;
  • Exclusion of human factor and biasing;
  • Acception of applications 24 hours a day, seven days a week;
  • Faster loan processing, quick approval duration;
  • Without any certificate of employment;
  • Ability to re-submit the application, if rejected;
  • Favorable terms and conditions
  • Prepayment of debt is possible;
  • No processing fee;
  • Charges only for the used amount.

You can see that this is one of the few online loan companies in the Philippines that has all these advantages. Digido offers loans with low interest in the Philippines.

Apply now

Read how to get online loan in one hour

Why do you need a fast Digido loan?

You need money in a hurry, but you can’t save the right amount of money and create an emergency fund? Digido will come to your rescue!
That’s when a quick cash loans in the Philippines will come in handy:

1. Payment for Education

Not all families can provide their children with a decent education, because it takes a lot of money. There is a way out – an education loan. Your children will thank you!

2. Home improvements and renovation

Finance your quality of life! Make improvements, and renovate your home, because you can use a loan to do so.

3. Debt consolidation

You can use a fast and easy cash loan online to consolidate major loans, credit cards or other types of debt. Debt consolidation loan is one of the most popular loan purposes among Filipinos.

4. Appliance purchases

Allow yourself the appliances you’ve always dreamed of! You can get a phone loan or a TV loan, buy the best refrigerator, air conditioner, or tablet. Upgrade your gadgets and devices!

Benefits of Fast Cash Loans in the Philippines

  1. The single most advantage of online cash loans is its continuous availability. You can get your loans processed on weekends or at midnight or even while traveling without stepping outside your comforts. 
  2. Such an automated and easy online loan system eliminates human interventions. Hence you need not bother about your strained relationship with the banker. 
  3. Online cash loans avoid your physical presence during loan processing. Apart from easy loans in the Philippines, it avoids traveling expenses, saves time, and prevents the loss of workdays or income. 
  4. The process doesn’t require any hard copies of the documents, and it makes the online application process quite smooth and straightforward. 
  5. People with disabilities or the elderly population use these online cash loans as they give easy cash loan in the Philippines without any physical exertion. 
  6. The system checks the data and approves the loan within a few minutes and transfers the fund automatically. So you get the emergency loan to tide over the crisis without any waiting, and it relieves undue stress. 

The online  application process, efficient tracking, and easy loan approval in the Philippines make online loan fast and easy quite popular among Filipinos of different backgrounds and age groups. 

Most bank loans in the Philippines imply a large amount and a long repayment period. These are both offline and online loans Philippines with monthly payments. This is convenient if you really need a large amount, but it is impossible to get an online cash loan with zero interest from a bank. But some of the lending money companies offer it.

How can I get an instant cash loan online in the Philippines?

All Filipino citizens within the age group of minimum 21-70 years are eligible for short term cash loans. Age requirements may vary a little from one loan company to another. Here’s what else you’ll need for an easy cash loan: 

1. Submission of government-approved identity proof  (ID) is the essential requirement for any loan application. 

2. A valid and working mobile number is a must for every applicant. 

3. The applicant should have a user account with the portal or website and apply the application form.

4. Additional documents such as payslip, COE, ITR, company ID, DTI, if self-employed or with business (4), will benefit for easy approval and enhancement of credit limits. 

For repeat borrowers with no history non-payment, no documents are required. Unless there is any requirement for additional verification, your ID alone will fetch a new hours loan. If you work abroad, consider the offers of those companies that give OFW loans with fast release and no hassle.

Cash Loan without a Bank Account

There is a common perception that a bank account is essential for one to get a loan. Such a deep-rooted misconception often forces people from vulnerable backgrounds to depend on illegal or non-licensed lenders for their financial needs. These lenders do not follow government regulations and charge exorbitant interest rates and service charges. It makes the life of the borrower miserable and pushes him to the debt trap. 

But in reality, cash loans with no bank account are possible. If you get your loan approved and don’t have an account, the system will give you a unique identification number. You can walk into any of the designated cash points and get the money by submitting the token. 


  • Are Online Loans Legit?
    Yes, many companies in the Philippines issue loans legally and have a registration number in the government registry.
  • How Do Online Cash Loans In The Philippines Work?
    More often than not, you can apply for a quick loan online at the company's website. You will need 1 valid ID. The amount will go to your account or you can get it at the company's offices.
  • What is the easiest loan to get approved for?
    The easiest way to get a loan for a small amount of up to 10,000 pesos and a short term of up to 15 days, such as in Digido. Also, additional documents and a high credit rating will increase your chances of getting one.

Easy Cash Online Loan Without Collateral

The primary purpose of cash loans is the mitigation of a financial emergency. Improving your credit score, arranging a guarantor, or providing collateral security within such a short span is not practical. Realizing the scenario, most short-term loan providers don’t take an adamant stand about collateral security. The majority doesn’t require any collateral security, guarantor, or credit card to approve a cash loan. Faster availability and reduced documentation requirements make cash loans with no collateral securities one of the most readily available financial solutions for millions across the Philippines. Such loans are made not only by lending companies but also by some banks. For example, study Home Credit cash loan requirements.

Apply now

Articles Sources

  1. Monthly average salary Philippines 2016-2020 https://www.statista.com/statistics/…
  2. List of banks in the Philippines https://en.wikipedia.org/wiki/List_of…
  3. Internet user penetration in the Philippines from 2017 to 2019 https://www.statista.com/statistics/…
  4. DTI Philippines https://www.dti.gov.ph/

Digido Reviews

  • Noel
    Fast approval and cash disbursement. They have considerations. They are very professional and without any harrassment in reminding payment unlike other loaning app. Recommendable site!👍
  • Neam
    Digido is one of the nicest online loan apps around. Professional and allows realistic extension options. Thank you.
  • Janrose
    Very considerate, they will give you enough time to settle or renew your loan with minimum interest.
  • Charie
    Amazing! So easy to loan and approval is very fast only a minute. That's why I rate this with 5 stars.
  • Gee
    Easy and fast loan application with low processing fee. A great help for emergency financial needs.
Rating (4.2/5) 465 voted. Rate us

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Written by: Sean Martin D. Plantado

Author pages:
Sean Martin Plantado is the head of Customer Care Dept. and Online Sales Dept. of Digido Finance Corp. creating articles, blogs, and other learning mediums that helps Filipinos struggling on their financial literacy. Sean also loves Cycling, Photography, Cinematography, Online gaming, Fine Arts, and dreams of becoming a Doctor of Veterinary Medicine.

Reviewed by: Rafael Hular

Author pages:
Rafael “Raffy” L. Hular is, the Finance and Accounting Manager. of Digido Finance Corp., monitoring and controlling the flow of cash that comes in and out of the company to meet the company’s business needs, preparing the financial reports and analysis of income and expenses, and monitoring tax compliance.  Raffy loves reading Japanese comics called manga and watching Japanese animated cartoon series. He dreams of establishing his own Accounting and Auditing Firm and teaching in a University.