This document sets out the terms and conditions of your loan agreement with the Loan Provider (“we,” or “us”). By submitting a loan application through the Secure Peso mobile application and accepting an approved offer, you agree to the following terms.
ONLINE LOANS PILIPINAS FINANCING INC.
SEC No.: CS201726430
License No.: 1181
Registered Address: Unit 601, Barangay, Summit One Office Tower, 530 Shaw Blvd, Highway Hills, Mandaluyong City, Metro Manila, Philippines
The loan services are provided by ONLINE LOANS PILIPINAS FINANCING INC., and are available to users via the Secure Peso platform, which is operated by PREDOMINANT LENDING INVESTORS INC..
Loan Amount Range: PHP 5,000 – PHP 100,000
Repayment Period: 120 – 180 days
Annual Percentage Rate (APR): Up to 28% (fixed)
Processing Fee: 0% (No fees deducted at disbursement)
Other Charges: None
All fees and rates are disclosed upfront. No hidden charges apply.
Example based on an annual interest rate of 20%:
Loan Amount: PHP 30,000
Loan Term: 91 days
Total Interest:
PHP 30,000 × 20% ÷ 360 × 91 = PHP 1,502
Total Repayment:
PHP 30,000 + PHP 1,502 = PHP 31,502
Repayment Breakdown:
Total repayment amount (PHP 31,502) will be divided into 3 equal installments:
1st Installment: PHP 10,395
2nd Installment: PHP 10,395
3rd Installment: PHP 10,712
At the end of 91 days, the borrower will repay PHP 31,502 in total.
To be eligible for a Secure Peso loan, you must:
Be between 18 and 60 years old
Hold a valid Philippine government-issued ID
Have a valid mobile number registered to your name
Provide accurate and verifiable personal details
Meet internal credit assessment standards
Download Secure Peso from the official app store.
Register with your mobile number and verify your identity.
Provide personal details and upload required documents (if necessary).
Select a loan amount and repayment period.
Review and accept the loan offer if approved.
Receive funds directly into your designated bank account or e-wallet.
You will be notified of the approval status via the app, SMS, or email. Disbursement happens only after you accept the final terms.
Repayment is due on or before the date specified in your repayment schedule.
Early repayment is permitted at any time — interest will be recalculated accordingly.
Repayments are made directly through your designated payment method (bank account or e-wallet).
Late or missed payments may result in:
Default interest charges
Reporting to credit bureaus
Collection actions under applicable Philippine law
Borrowers should contact us promptly if repayment difficulties are expected, so alternative arrangements may be discussed.
We charge only:
0% Processing Fee (no fee deducted at disbursement)
Interest at disclosed APR (up to 28%)
No application fees, no hidden service fees, and no prepayment penalties.
Your personal and device data will be used solely for:
Identity verification
Credit evaluation
Loan servicing and repayment management
Compliance with legal obligations
Fraud detection and prevention
We follow strict data protection practices and do not sell your personal information.
By accepting a loan, you confirm:
All information you provide is true and accurate
You understand the total repayment obligation
Funds will not be used for unlawful purposes
You will repay the loan according to the agreed schedule
The Loan Provider may amend this agreement as required by regulatory or operational needs. Any change will be communicated via the Secure Peso app. Continued use of the service means you accept the updated terms.
This agreement is governed by the applicable laws of the Philippines, with reference to the jurisdiction of regulatory bodies overseeing financial services in the country. Any disputes will be resolved through competent local courts.
For support or inquiries, please contact: