How to Apply for a Loan
Step 1: Download the App on Your Mobile Step 2: Create RCF Wallet Account and Get Verified Step 3: Select Your Loan (Salary, Employee, Business, Auto and Home Loan) Step 4: Upload Your Requirements to the App Step 5: Wait for Loan Approval Step 6: Receive Funds in Your RCF Wallet
What are the requirements
For Business Loan: Completely filled-out online loan application form 2 Valid IDs (1 Primary and 1 Secondary) Primary Secondary – UMID – TIN – Driver’s License […]
How much can I borrow?
Our minimum loan amount is Php20,000 and our maximum is Php3,000,000. The specific amount you are eligible to borrow depends on your loan application details and our credit review process.
What happens if I am unable to make a payment?
Your loan repayment agreement is legally binding and valid. If you cannot make a payment on time, you can contact us ahead of your due date so we can work with you on a payment arrangement. Applicable penalty fees and charges shall apply to all missed payments in accordance with our loan agreement.
Is there a fee to apply for a loan?
Applying for a loan is FREE. We only charge a processing fee from the principal of your approved loan amount disbursed to you.
How long will it take for the approval process of a person loan
Within 24 to 48 hours