Financial companies that are off to work in the Philippines need to get government permission. The organization called SEC takes responsibility for this part. Its official website — sec.gov.ph — updates its list of trustworthy companies regularly.
As of now, the company we’re reviewing — Oneclickmoney — is on the list. This means that the company is working legally in the country, having passed all the necessary checks and tests.
How to Get an Online Loan from Oneclickmoney?
OneClickMoney.ph is a relatively new online loan service that allows people from the Philippines to get an instant financial solution. The company has got an official license from the government watchdog. OneClickMoney website is a quick and easy way to loan money. First of all, the customers need to fill out a form on the site. After that, the process of reviewing will start and last up to 24 hours.
The maximum amount of loan is up to 20 000 PHP. For this, you need to provide any government-issued ID, a phone number, and your personal bank account.
Filling out a loan application takes up to several minutes. In doing so, you need to confirm the data with a verification code sent to you over SMS.
Then, you’ll have to wait for the company representatives to contact you and decide on your loan. The company officials will interview you and check on your needs as a loanee. After the check, Oneclickmoney will transfer funds to the account you’ve submitted.
As a rule, it takes up to 24 hours to get money to the account.
Oneclickmoney is an efficient solution on various devices. You can literally get your loan on the go by using the mobile app.
Advantages and Disadvantages of Oneclickmoney
You need to have a valid government-issued ID. This is an essential requirement. In addition, there should be a personal bank account in place. Oneclickmoney can only transfer loans to an approved account that has your name attached. The account should be valid and must not be made for payroll transfers.
Loans are available for people aged 20-60. The loanee should prove his or her citizenship of the Philippines and provide the residence address and proof his/her employment or having a freelance job with a steady income.
As soon as the Oneclickmoney service approves the client, they will send the requested amount of loan. The terms of the receipt hinge on your bank policy. The transfers take up to 2 days to be made.
This financial service provides lots of benefits for its customers. One of them is the speed of working. Usually, the customers fill out their applications in 5 minutes, the support team of experts almost immediately replies and resolves all the issues should they arise.
This is a pretty fast service that cares about its customers.
The application may be completed in 3 easy steps. The company’s head office is located in the city of Mandaluyong.