Fast Pera is a new and popular loan app created by entrepreneurs in the Philippines, attracting the interest of many customers due to the convenience and speed of its loan services. With various options for loan amounts and special interest rates for new customers, this app is becoming the top choice for those in need of a loan.
To apply for a loan on the Fast Pera
Be a resident of the Philippines
Have a valid ID for identity verification.
Ensure you meet all the app’s requirements.
Own a smartphone to download and use the app.
Provide contact information and bank account details to complete the registration and loan application process.
These conditions ensure that the loan process is convenient and safe for customers.
Information about loans on the Fast Pera
Loan amount
Customers can borrow from ₱ 5,000 – ₱ 500,000. This amount can help customers overcome current financial difficulties.
Loan term
The app allows customers to borrow from 180 days to 300 days. Such flexible borrowing time helps reduce payment pressure on customers.
Loan interest rate
The interest rate ranges from 8.2% to 18.2% per year. Although it may be higher than bank interest rates, the app ensures a quick and convenient loan process, with simple procedures and the ability to approve loans within 10 minutes after registration.
All these are aimed at providing convenience and flexibility for customers when using the loan service on the Fast Pera app.
Pros and cons of borrowing money on the Fast Pera
Simple and convenient procedures, time-saving.
Just need a smartphone and internet connection to apply for a loan.
Quick and easy loan conditions.
Support from advisory staff during the loan application process.
Various loan options to choose from.
Low loan interest rates and diverse loan forms.
Modern features, quick loan approval, and flexible loan terms.
No collateral required, reducing pressure on customers.
Cons
The app does not have an operating license.
Interest rates may be high and some minor errors may occur.
First-time borrowers may only be eligible for the lowest loan amount.
Failure to pay on time may cause inconvenience and affect work.
Steps to borrow money on the Fast Pera Loan App
Step 1: Access the Web browser to download the Fast Pera app
Step 2: Fill in the required information on the app
Step 3: Enter personal information
Step 4: Register for a loan that suits your consumer needs
Step 5: Wait for the app to approve the loan and receive the loan amount
Repaying the loan on the app
Ways to repay the loan
- Payment through fast e-wallets
- Payment to the lending company
- Payment through banks nationwide
- Payment via collection services
Customers should note that when borrowing money on online apps, it is important to repay the loan promptly. This ensures that customers’ loan records are clean and the loan application process is easy.
All the information about borrowing money on the Fast Pera app is provided in full. We believe that you can easily borrow money on this app. Fast Pera is committed to providing fast and convenient loan services, helping customers overcome financial difficulties easily.
