Nowadays, there are a lot of people out there who need money in order to help them with their daily expenses.
If you are one of the people who need financial support but you don’t know where to get help, you should try to find an online money lending website. One of these websites is Pera Asia.
|Loan form||Online loan|
|Required document||Valid ID|
|Loan limit||1.000 – 30.000 PHP|
|Loan term||61-360 days|
Table of Contents
Pera Asia Overview
Pera is a platform for accessing and borrowing funds for investing in real estate, property, and business. It is one of the most reputable online money lending websites offering different types of financial solutions.
The company uses the power of the internet to facilitate micro-lending across borders. The website offers a fast, low-cost, transparent, and efficient means of lending to all the people in need in Asia.
Through the platform, borrowers can acquire loans at more competitive rates than they would normally be able to find from other financial institutions or lenders in the market.
Moreover, it is considered unsecured debt, so the clients don’t need to prove their income mortgage assets or provide any warranties. Everything you need for loan approval is your identity document, giving the clients such a hassle-free procedure.
Why Should You Choose Pera Asia?
Pera Asia logo
With a huge number of online lending websites operating in the country, it can be hard to know if one is trustworthy. Here are the three main reasons you should choose this company but not anything else!
The company wants to make the online lending process simple and safe for everyone involved, so you need to complete four simple steps to get your money lending approval.
- Register online on their official website
- Wait for a confirmation call
- Get the money via your credit card
- Make sure to repay on time
Qualifying for a Pera loan is easy, and it’s a great option for those looking to pay the debt, pay off medical bills, or even finance a major purchase.
Competitive interest rate
With the services requiring no deposit upfront and performed remotely, the company strives toward a fast turnaround time. It offers lower interest rates than its competitors – with a fixed interest rate at 0.8% per day.
It means that no matter how much you borrow, how long you want to pay, the interest stays the same, and there is no risk of the lender’s interest rate increasing. It’s also easy for you to manage.
In addition, they are also cheaper if you compare them with installment loans which require you to make monthly payments.
Variety of loan terms
This online lending platform offers a wide selection of loans and payment terms, helping to meet most financial needs, from daily expenses to business investment.
The maximum loanable amount is 30,000 pesos, while the minimum is 1,000. The length of the payment is at least 61 days and no longer than one year.
You should expect a smaller amount, within a range of 3,000 pesos to 7,000 pesos, if it is the first time you use the service. Since it is an unsecured debt, you need to build trust before taking out larger loans later.
See also: Happy Pera Review You Should Know 
How To Apply For Pera Asia Loan?
The application process just takes you minutes
There are two ways to register for loans from this platform. The first one is from the mobile app. You can download its application from Google Play or App Store by searching for the name.
The procedure is similar on both mobile apps and websites, so here is everything you need to follow to apply for money lending:
- Visit their website at pera.asia or open the mobile app.
- Enter all the required data: name, email, phone number, the amount of money you need, the payment period you want. Check again for the correct information, and any error will lead to a time-wasting process.
- Click on the green button “Apply now” below.
- On the next page will appear some microfinance institutions that provide the service for you to choose from. Once you decide which company you want to borrow money from, click on the company name for the next step.
- The website will redirect you to the institution’s page you choose. Here, you will need to enter all the required information again, including your id, credit card, or even a digital signature for the contract.
- Once you provide all the requirements, wait for the approval, and the institution will soon transfer the money into your credit card.
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Who is eligible for a Pera Asia loan?
To apply for a Pera Asia loan, Filipino residents need to be over 21 years old and no older than 65 years old, provide employment information and identify documents.
Foreigners who are working or living in the Philippines are also eligible. However, it must be a permanent stay to meet the requirement.
What other products does Pera Asia offer?
The current financial environment makes it difficult for people to get approved for personal money lending or even bad credit loans. Thankfully, this company can help you with almost all of your financial needs with these money packages:
- Emergency Purposes
- Bad Credits
- Car Buying
With Pera Asia, bad credit is now not a problem
So even when you have a bad credit history, you still have the opportunity to borrow money from the company. For more detailed information on the different packages or the repayment terms they provide, feel free to visit their website!
How to repay the Pera Asia loan?
You can make a repayment at any of the following locations:
- The credit institution cash desk
- Bayad Center
- Dragonpay payment centers
- SM payment counters
When paying your loan off, please make sure to give them the credit card designated in the agreement you signed. After the transaction, please obtain a receipt of your payment.
In short, Pera Asia is one of the few trustworthy and reliable online money lending companies in the country. They provide their services to the public and the cross-border market at competitive rates.
We hope that this blog post has given you a better idea of what the platform offers you. If you have any concerns or questions about their services, please feel free to leave your comment below!
Want to get cash fast and easy?
See also – UnaCash PH – Fastest cash loan app