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.

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.

Easy Cash Loan Online

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)

Banks are the primary choice for 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 an easy personal 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 companyes, to overcome their pressing financial needs. Minimal eligibility requirements, and customer-centric approaches make lending companyes the primary choice for fast cash money loans across the Philippines. 

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, 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.
  • Fast approval. The majority of the loans get approved within one day. 
  • Instant cash availability. After the 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.
  • You can use the money for any purpose, no questions are asked. 

Even though the Philippines has a high internet penetration levels, 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 card 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 “Cash loans” the most popular financial product throughout the Philippines. 

Where can I borrow money fast in the Philippines?

We recommend Digido for a easy personal loans. 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 requirements. 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 accessible to all. 

Digido online portal or mobile app enables anyone with an Internet connection to get a cash loan 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 loan application and approval process in a hassle-free way.

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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.

Easy loan to Digido without a bank account

Digido provides maximum flexibility for the borrower. Сredit calculator application gives accurate information about the interest and repayments for each loan amount and 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. 

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, within a few 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 personal loan online without a credit card from Digido.

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 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.

  • 95% approval;
  • SEC registration;
  • 1 or 2 valid IDs
  • Fully automated online  system;
  • Exclusion of human factor and biasing;
  • Acception of applications 24 hours a day, seven days a week;
  • Faster loan processing, often in minutes;
  • Ability to re-submit the application, if rejected;
  • Prepayment of debt is possible;
  • 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.

Apply now

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 an online loan 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 personal loan to consolidate major loans, credit card 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 Online Cash Loans 

  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 loan in the Philippines availability, 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 transfer 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 cash loans quite popular among Filipinos of different backgrounds and age groups. 

How can I get instant cash loan?

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 connection 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 UID alone will fetch a new loan. 

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 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. 

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.