Pera4u is a personal finance phenomenon online in the Philippines. It is called a phenomenon because it has helped many customers overcome their toughest financial challenges, providing them with the funds they need for daily expenses and living. The loan function on the app is very easy to use, allowing customers to choose their preferred loan type, enjoy low interest rates, and have a long repayment period. Pera4u promises to offer the first loan completely interest-free to its customers.
Some conditions for borrowing money on the app Pera4u
Pera4u has set out the following requirements for customers to fulfill in order to apply for a loan on the app:
- Borrowers must be at least 19 years old
- Have a valid ID for the loan application
- The loan registration must use a phone number in the borrower’s name
- Receive money through a bank account
- Fast loans commit to completing within the agreed time frame
- Do not support loans for bad debts
Quick loan support package Pera4u
Customers borrowing money on the app will receive specific loan limits and interest rates as follows:
Loan limit: From 10,000 pesos to 120,000 pesos
Interest rate: 15% – 17% per year
Loan term: Approximately 35 days to 180 days, with a maximum of 280 days
First-time borrowers will receive interest-free loans
Providing convenient and quick loan packages
Interest calculation for a loan
Example: If you borrow 100,000 pesos with an interest rate of 15% per year for 180 days, the total interest amount will be calculated as follows:
Interest on the loan: ( 100,000 pesos*15%*180)/360*100 = 100.616 pesos
Therefore, the total amount you need to repay to Pera4u in 180 days is 100.616 pesos
Automatic loan approval Pera4u
With the support of artificial intelligence and advanced algorithms, the decision to accept or reject a loan can happen very quickly, even in just a few minutes. This brings great benefits to borrowers, providing them with instant feedback after completing the application process, allowing them to make informed financial decisions. Another advantage of the automatic loan approval process is the reduction of complex paperwork. Borrowers do not need to go through the hassle of submitting multiple documents to prove income or assets, saving time and enhancing convenience in the loan process.
Fast loan process on the app
Step 1: Download the app and open an account
- Download the loan app from the app store on your mobile phone. Provide necessary personal information such as name, mobile phone number, and email address
Step 2: Enter financial information
- Fill in detailed personal information such as ID number, name, address, and date of birth. Include monthly income, occupation, and banking information if necessary
Step 3: Choose loan amount and term
- Select the desired loan amount and repayment term from the available packages on the app
Step 4: Confirm and submit the application
- Click “Submit Application” or similar to send your loan application to the approval system
Step 5: Receive loan approval
- If the loan application is approved, the system will provide information on interest rates, loan terms, and other conditions
Step 7: Receive money from the app
- If the loan application is approved, the borrowed amount will be transferred directly to the provided bank account. Check your account and verify the received amount
Contact information for Pera4u loan
Contact information for the app
Company Name: Pera4u loan
Address: R8HM+3XM, Rosario, Batangas, Philippines
Phone Number: +639175265553
Email: [email protected]
The Pera4u app provides quick loans that not only offer convenience in addressing short-term financial needs but also introduce a new, modern, and flexible borrowing experience for users. Through a simple and automated process, users can maximize their time savings when borrowing money.
