Canara Business Partner Loan App: Secure Online Peso Lending in the Philippines
Canara Business Partner Loan App is a secure online peso lending application licensed by the Philippine Securities and Exchange Commission (SEC), offering fast and safe loan services. Borrowing is simple: download the app, register with your phone number, and apply for a loan ranging from ₱5,000 to ₱500,000, repayable over 6 to 24 months. The Annual Percentage Rate (APR) ranges from 3.5% to 12%, with processing fees between 2.5% and 5%. A daily late fee of up to 0.1% may apply, capped at 18% of the overdue principal. There are no hidden fees. Repayment is convenient via 7-Eleven, GCash, Coins.ph, or bank deposit to their corporate account. Contact RIALF Lending Corporation for further details using the provided contact information.
Key Advantages:
- Secure Loans: Licensed by the SEC, ensuring safe and reliable loan services in the Philippines.
- Fast & Easy Application: Borrow money quickly and easily to meet your financial needs; funds may be released within 24 hours.
- Secure Personal Information: Your personal data is protected with encryption and used solely for loan application review and verification.
- Multiple Lending Sources: Access loans from various sources, simplifying the borrowing process. [This section could benefit from specifying the sources, e.g., "Access loans through partnerships with ML and RD Pawnshop, making the process as simple as buying a cola."]
- Reliable Customer Support: A dedicated team provides assistance to address any user concerns.
- Transparent Fees: All fees—loan amounts, repayment periods, APR, processing fees, and potential late payment fees—are clearly disclosed. No hidden charges apply.
Application Requirements: A valid Philippine phone number, government-issued ID, proof of stable income, and age between 20 and 49 years old.
Repayment Methods: 7-Eleven, GCash, Coins.ph, and bank deposit.
Provided by: RIALFE LENDING CORPORATION (with company registration and certificate of authority details available within the app and/or contact information).