Financial organizations that are planning to operate in the Philippines need to get an appropriate license. The SEC is the organization that is in charge of this. The SEC website regularly updates the list of companies that have been granted such permission.
The company of Juanhand is among such organizations, which means it operates in the Philippines, adhering to all the legal procedures, and has passed all the checks needed.
Juanhand loan service was established in the Philippines three years ago, and this is a project of Paipaidai, a sizeable Chinese fintech group. The service offers an opportunity for 24/7 online cash loans.
The company of Juanhand is operating legally in the Philippines, having registered in the SEC. So, you can freely install a Juanhand app.
How to Get an Online Loan from
If you need a loan, you can quickly get it from JuanHand 24/7. For this, there are five steps.
First, you need to install its mobile app and create an account using your cell phone number.
After that, fill out a short form within the app interface. Then, select the terms of the loan and the amount needed. The approval process takes up to 24 hours. If everything is fine, you’ll be able to get cash in your bank account or via Gcash Wallet or Coins.
The advantages of Juanhand App
Its users have an intuitive interface of the mobile app. Loans are usually approved within 24 hours.
The process of signup is simplified, with only five steps involved to get your cash.
The highest loan amount is 50,000 PHP. This is second to none company in the Philippines as far as pay-day loans go.
When it comes to interest rates, these of JuanHand’s are pretty low. According to the company representatives, the annual rate is not higher than 20%. Additional fees are also applied, namely, a fee of loan processing and service charges. But the overall amount of costs could be from 10% to 20%. It must be said that the interest rates of JuanHand are higher compared with Philippine banks. However, they are relatively lower when compared with other loan services.
There’re requirements for loanees. They must be from 20 to 60 years old and have a Filipino passport, as well as a steady source of income; when applying for a loan, you must also provide at least one government-issued ID. People who pay their Juanhand loan on time, avoiding late payments, will get several advantages from the company.
If you’d like to find out more about paying Juanhand loan with GCash, it’s pretty easy. You only need your repayment code, which you can find in your account, and your ID.
If you haven’t paid your loan or any problems occurred as far as the returns go, write to the Juanhand support team ASAP; here’s the email address: email@example.com or call 0998-3740-824.
This company says that its goal is to provide people who live in the Philippines with the best loan system on the market. Its office in the country is located in the city of Taguig.