Uploan represented by NEW CROSS CREDIT GATE PH INC. is a legally registered by SEC online lending company in the Philippines. Using its service is transparent and safe. No hidden fees are applicable. Uploan provides financial assistance to partner company’s employees. They can enjoy salary loans and other employee benefits.
Loans from Uploan
Amount of available personal loan depends on the salary of the borrower. After Uploan becomes a partner of your company, you can sign up as a Borrower on the official Uploan website and apply for a salary loan quickly and hassle-free. The client needs to submit a short list of IDs and documents. Then the application is completed, loan consultants will call the client for processing.
Interest rate varies from client to client due to risk-based credit scoring system. People with different profiles and credit histories get different loan offers and interest rates. The lowest monthly interest rate is 0.5% depending on the profile and credit history of the customer. Earning good credit history will positively influence interest rate and loan amounts available for a client. To improve the credit score, take a loan and repay it fully without delays.
In normal conditions, borrower receives money within 24 hours after submitting loan application, in case of complete requirements and approved application just in one hour. However, according to AMLA or Anti-Money Laundering Act, if the amount is greater than 50,000 PHP, additional time may be needed for your bank to proceed the payment.
Emergency loan repayment is conducted by salary deductions under careful monitoring of your HR team.
To become a client and borrow money from Uploan, submit the following short list of documents:
- Valid government-issued ID with 3 specimen signatures (Passport, Driver’s License, UMID Card, SSS ID, Voter’s ID, PRC ID with back copy)
- Company ID (copy of front and back)
- 2 latest payslips
If the application still needs clearance, the client may be asked for supporting documents. Possible supporting documents:
- NBI Clearance
- PSA Birth Certificate
- Marriage Certificate
- Barangay Certificate w/ picture
- Police Clearance
Once you submit the application form, you will receive a call from the company’s managers to verify and process your loan application.