About Us:
Microdot Lending Corporation Corp:
SEC RegistrationNo.: CS201951287
Certificate of Authorisation No.: 2921
Product Features:
💯Loans up to PHP 30,000
👍Apply a loan and approve in just 24 hours!
👏The most trusted lending platform in the Philippines.
✅Enjoy fast, flexible, and secure
Different repayment options ranging from 6 to 24 months depending on your actual needs (more instalment repayment options are available for better qualified users).
(Better qualified users can choose more instalment repayment options)
Annual Percentage Rate (APR):
The maximum interest rate is 30
A service fee will be deducted at the time of your payment and the service fee will depend on your repayment status.
The service charge will depend entirely on the assessment of your profile.
Loan Fee Example (for reference only): Loan Amount: $10,000,000
Loan Amount: $10,000.00. Monthly interest rate: 0.6%. Loan Term: 6 months. Loan Date: 7 May 2023. Maturity date: 7 May 2025
07/05/2023.Duedate:06/11/2025
totalinterest=10000*0.6%*6=360
totalpaymentamount=10000+360=10360
The payment schedule is as follows:
Date of first instalment: 06/06/2024
Repayment amount: 1666.66 Repayment period: 60 Remaining credit limit after repayment: 8273
8273 Credit limit increase: 0
Second instalment repayment date: 7 June 2025
Repayment amount: 1666.66 Repayment period: 60 Remaining credit limit after repayment: 0
10999 Credit limit increase: 10
Third instalment repayment date: 8 June 2025
Repayment amount: 1666.66 Repayment period: 60 Remaining credit limit after repayment: 15270
15270 Credit limit increase: 20
Fourth instalment repayment date: 9 June 2023
Repayment amount: 1,666.66 Repayment period: 60 Remaining credit limit after repayment: 22094 Credit limit increased: 20
22094 Credit limit increased by: 30
Fifth Repayment Date: 10 June 2023
Repayment amount: 1666.66 Repayment period: 60 Remaining credit limit after repayment: 30
31622 Credit limit increase: 40
Repayment date of the sixth instalment: 11 June 2023
Repayment amount: 1666.67 Repayment period: 60 Remaining credit limit after repayment: 50000 Credit limit increase: 40
50,000 Credit limit increase: 50
Tip: Once you reach your credit limit, you can borrow on a sliding scale.
Your borrowing limit will be restored immediately after repayment.
Repaying your loan on time also improves your credit score, which can lead to a higher borrowing limit and a more favourable interest rate.
Making on-time repayments also improves your credit score, which can lead to higher loan limits and more favourable interest rates.
Risk Warning: Loan limits, loan terms, interest rates, loans and payment schedules are subject to change.
Loans carry risks and borrowing should be done with caution.
Please borrow reasonably according to your personal ability, spend rationally and avoid overspending.
Spend rationally and avoid excessive repayment.
How do I qualify?
1. You are a Philippine citizen with an invalid residential address.
2. You must have a valid mobile phone number.
3. You must have a valid government-issued ID.
Where to repay the loan?
1、E-wallets: GCash/PayMaya/others.
2、Philippine convenience stores: MLhuillier/RDPawnshop/7-11/etc.
Contact us:
Email:[email protected]
Address: Unit3006, OneCorporateCenter, JuliaVargasAvenue, MeralcoAvenue,
OrtigasCenter, San Antonio District, Pasig City.
Hours of operation: Monday to Saturday, 08:30-17:30
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