Peso Mall - Loan Shark Review
Interest Rate 30%
Duration From 7 Days
Access Level Public
Company Name EASTASIA LENDING CORP
Phone 1
Phone 2
Website or Store https://www.eastasia-lending.com
Address Barangay Linayasan 5616 Altavas
Category Dangerous Loan
Company Email eastasia.official@eastasia-lending.com
Views 167

Navigating financial matters can be seamless with the Peso Mall app, a fast, secure, and flexible financial solution available in the Philippines. With just a few taps, you can borrow money easily, enjoy a quick approval process, and benefit from top-notch information security. Manage your finances smartly with the Peso Mall App.

Peso Mall Loan Product Information

Loan Amount Range: From ₱2,000 to ₱60,000 Loan Term: From 91 days to 180 days Annual Interest Rate: From 18% to 30% Transparency: No hidden fees

Example: If you borrow ₱20,000 with an annual interest rate of 20%, you will repay ₱24,000 after 120 days.

Benefits of Choosing Peso Mall App

By becoming a customer of Peso Mall, you will experience a range of key benefits:

  • Simple Borrowing Process: Designed to meet the majority of users’ needs.
  • Quick Approval Process: No collateral required for fast and easy approval.
  • High Likelihood of Loan Approval: Flexible lending with large credit limits and extended repayment terms.
  • Attractive Interest Rates: Competitive rates that cater to various financial needs.
  • Data Privacy: Peso Mall ensures the confidentiality and security of your personal data.
  • Modern Technology: Ensures a safe and fast borrowing process.
  • 24/7 Customer Support: Fast and professional support at any time.

Eligibility to Become a Peso Mall Customer

To be eligible for a Peso Mall loan, you must meet the following criteria:

  • Philippine Citizenship: Must be a citizen of the Philippines.
  • Age Requirement: Must be aged 18 and above.
  • Identification: Possess at least one primary ID such as SSS, UMID, TIN, Driver’s License, or Passport.
  • Employment: Must be employed or self-employed.
  • Accurate Personal Information: Must provide accurate personal details and be willing to receive verification calls from customer service representatives.

How to Register for Quick Loans

Follow these step-by-step instructions to borrow money quickly using the Peso Mall app:

Step 1: Access the Peso Mall app on the App Store or download the Peso Mall APK/IOS to your device. 

Step 2: Create a new account and fill in the necessary details to verify your identity. Step 3: Choose the financial plan that suits your needs by selecting the amount you want to borrow and the repayment period. 

Step 4: Receive funds quickly to execute your plans. 

Step 5: Increase your borrowing limit by making timely payments, gradually expanding your financial capabilities.

Considerations: Peso Mall customers should carefully consider their monthly income levels to select a loan package and repayment term that align with their financial capacity. This helps avoid unnecessary financial burdens for yourself and your family.

Peso Mall simplifies borrowing money, ensuring a secure, fast, and flexible financial experience. By considering your financial capacity and managing your payments wisely, you can make the most out of the benefits offered by Peso Mall. Ready to streamline your financial needs? Download Peso Mall today and take control of your finances!

 


Expert Counsel

While loan apps like Peso Mall can offer a quick solution to financial issues, they often come with significant risks. Here are ten essential tips to consider when using these online lending platforms:

1. Expect Intense Communication for Late Payments

If you're late on a repayment, even by just a day, you might face aggressive and harassing messages, particularly on messaging apps like WhatsApp. If you encounter such harassment, block the sender immediately to maintain your peace of mind.

2. Refrain from Borrowing from Multiple Sources

Avoid using other loan apps to repay existing debts. This practice can trap you in a vicious borrowing cycle, exacerbating your financial difficulties rather than alleviating them.

3. Be Cautious of High Penalty Interest Rates

Late payments can result in daily interest penalties ranging from 5% to 7%. These high rates can rapidly inflate your debt, making repayment even more challenging.

4. Download Apps Only from Reputable Sources

Always download loan apps from reliable platforms like the Google Play Store. Obtaining apps from unofficial sources can compromise your personal information and expose you to fraud or harassment.

5. Consider Alternatives to Loan Apps

Many loan apps are designed to entrap users in cycles of debt, often jeopardizing their financial well-being and privacy. It may be wiser to seek out safer, more reliable financial alternatives.

6. Be Mindful of Short Repayment Terms

Some loan apps impose repayment periods as short as 6 to 14 days. This can make timely payments difficult and increase your risk of falling into further debt.

7. Safeguard Your Personal Reputation

In some instances, loan apps may contact your friends or family to publicly shame you into repaying your loan. While this damage can be disheartening, it's better to avoid such loans altogether.

8. Cease Borrowing to Regain Control

To break free from predatory lenders, stop borrowing. Though it may be a challenging step, it’s essential for regaining control of your financial situation.

9. Utilize Call Management Applications like Truecaller

Truecaller is an effective tool for blocking unwanted calls from loan apps, helping to manage stress and reduce harassment from lenders.

10. Report and Block Threatening Messages

If you receive threatening messages, especially through platforms like WhatsApp, take prompt action by blocking the sender and reporting them to WhatsApp and the Google Play Store. This helps protect others from similar harassment.

By following these tips, you can shield yourself from the potential risks associated with loan apps and safeguard your financial well-being.

 




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