Cashalo: Your Latest Lazada Shopping Partner

Online shopping made everyone’s lives easier. For many, it also helped them get through during pandemic as their form of outlet. Aside from the usual modes of payment (bank deposit, credit card, and cash on delivery), Lazada offered another service that made everyone’s lives easier, at least when it comes to payment.

Through the Lazada Loan program, the online shopping giant partnered with several fin-tech companies to offer the Buy Now, Pay Later or BNPL scheme.

Aimed towards unbanked Filipinos who don’t have access to credit card, BNPL allows consumers to pay for their purchased items on installment basis.

So far, Lazada partnered with eight merchants, including its latest partner: Cashalo. 

Who is Cashalo?

Cashalo is a registered fin-tech company that offers financial services to millions of unbanked Filipinos. It offers the following products:

  • Cashaloan, which is a quick cash loan that allows you to borrow minimum of P2,000
  • Shop Now and Pay Later, which lets you shop at partner merchants and pay at 0% installment

But, Cashalo’s latest offering is the Lazada Loan.

All About Cashalo’s Lazada Loan

Yes, this is similar to their Shop Now, Pay Later service but for this new product, the BNPL scheme is solely dedicated to Lazada.

Below are its features:

  • Borrow up to P4,500 to P5,000
  • Payment terms between 30 and 90 days
  • No downpayment needed
  • Various repayment channels such as remittance centers, 7/11, Robinson’s Department Store, and BDO

How To Apply For A Lazada Loan With Cashalo     

Take note that at this point, let’s assume you already created an account with Lazada. 

Step 1: Cashalo App

Download the Cashalo app. It is available in App Store for Apple users, Google Play Store for Android users, and Huawei App Gallery for free.

Once you downloaded the app, register for an account. Make sure you input all necessary information required. This will help Cashalo representatives evaluate your application properly and effectively. 

Step 2: Pay With Cashalo 

After completing the registration, click Pay with Cashalo and then click Lazada Loan. 

A new window will appear. Click Apply Now. 

Step 3: Connect Your Lazada Account

Under the Cashout option, don’t forget to input your Lazada account. 

Thereafter, choose your desired loan amount and term. 

Step 4: Finalize Loan Terms

Make sure to read through and accept the loan terms. If you agree, input the OTP code sent to your registered mobile number and click Submit.

You will get a SMS if your application is approved. 

However, here is the limitation: the approved amount cannot be disbursed in real time. The loan will be sent to your Lazada wallet within one to three business days.  

Repayment Channels

This is important to take note of. Here are ways on how to pay for your loan:

  • 7-11
  • Bayad Center
  • Remittance centers like Cebuana
  • LBC
  • Robinson’s Bank Bills Payment (online banking is also available)
  • BDO (online banking also available) 
  • Robinson’s Business Centers in the Robinson’s Department Store 

Tips To Remember Before You Apply For A Lazada Loan With Cashalo

  • Mobile number and email address are the same for both Cashalo and Lazada accounts
  • Make sure you activate your Lazada wallet. This is where the approved amount will be credited.
  • You must not have any existing cash loans with Cashalo. Make sure you fully paid those loans otherwise, your Lazada loan application won’t be approved.

Give this a try, yes? Let us know about your experience in the comments section below. 

Frequently Asked Questions About Buy Now, Pay Later Scheme

Can you imagine yourself buying a new laptop or smartphone and paying for it in cash? Even if you can, do you feel safe bringing cold cash inside your bag and walking around the mall with it? Definitely not.

Unfortunately, you don’t have a credit card that allows you to pay for your items even without bringing the cash with you. Or let’s say you want to extend payment terms, credit card is still necessary to enjoy Buy Now, Pay Later scheme.

Until fin-tech companies came into picture. Even without a credit card, you can pay for your items on a staggered basis.

Before you get excited, here are frequently asked questions about Buy Now, Pay Later or BNPL.

What is BNPL? 

Buy Now, Pay Later is a payment scheme offered by fin-tech companies like BillEase and TendoPay. Through this scheme, you can purchase items and have it delivered to your doorstep while paying for the given amount on installment.

For BNPL, take note that Loan Contract will also be sent to you. Make a list of your payment schedule to make sure you won’t miss the due date.

How much can I borrow?

This depends on the lender. You can borrow from P1,000 to as much as P50,000.

Take note that for first time borrowers, most lenders won’t give you the maximum amount. You can start with P5,000 and could go higher depending on your payment behavior. If you pay on time and in full, then there is a higher possibility that you can get an increase in your credit limit.

What about interest rate? 

This will also depend again on the lender. So far, BillEase offers the lowest interest rate at 2.49 percent. Some lenders could go as high as 4 or 5 percent.

What are the available loan terms?

You can pay for your loan anytime between 30 to 90 days. There are lenders that also offer up to 6 months.

How can I repay my installments? 

There are several ways to pay for the amount you borrowed. Payment channels include but not limited to:

  • GCash
  • PayMaya
  • Bank transfer
  • 7/11
  • Remittance centers like Cebuana Lhuillier
  • Bills Payment counters in SM and Robinson’s malls
  • Bayad Center
  • LBC
  • ECPay

Can anyone apply? 

Yes, as long as you are of legal age (above 18 years of age) and you can show proof of your capacity to pay. Freelancers are likewise welcome to avail of the BNPL scheme.

How can I apply? 

Application process varies per lender. Still, one thing is for sure: everything happens online.

You can click the links to find out how to apply per lender:

How long does the approval process take? 

It could take within minutes up to one day. Make sure you submitted all requirements to facilitate faster approval. It is also recommended that you apply on weekdays since most fin-tech companies don’t process loan application on weekends.

What documents do I have to submit?

This varies from lender-to-lender. To be sure, make sure you have the following minimum requirements:

  • Government-issued ID like passport, driver’s license, and SSS ID
  • Proof of billing to prove the validity of your address
  • Latest payslip, which shows your capacity to pay

Do I need someone to guarantee my loan? 

No. Unlike home and auto loans, BNPL has smaller amount; hence a guarantor is no longer required. This is why a copy of your payslip is a must to show that you are capable of paying your loan.

What other fees do I have to pay for aside from the interest? 

Most fin-tech companies with BNPL don’t charge upfront fees like processing fee, although there are some that do. Generally, you will only be charged with interest rate every month.

Is the loan amount given in full? 

Yes. Even if the payment is installment, the amount will be credited to your account in full.

How can I get my money? 

Take note that in the BNPL scheme, you won’t physically hold the money. The amount will be credited to your account digitally, depending on where you will use the money.

There are several ways to get the amount borrowed. This includes:

  • Lazada wallet
  • Shopee wallet, which is currently offered by BillEase
  • GCash account

The amount borrowed may also be credited directly to the merchant. Your obligation at that point is to pay the lender.

What happens if I can’t pay on time? 

This is not recommended. A loan is still a loan even if you didn’t borrow from traditional banks.

In case you can’t pay on time, inform your lender right away. This way, you can discuss and negotiate possible options on how to pay your loan even if it’s already due. Otherwise, you’ll end up paying for interest fee and penalty fee, which is charged per day of non-payment. Worse, it could have an adverse effect on your credit standing.

Where can I shop? 

Many online merchants are offering BNPL as a payment option. This includes Linen & Homes, Monarc, and Henry’s Camera among others.

To make this payment scheme easier, you can check out Lazada. BNPL through Lazada Loans allows consumers to shop and pay for their items on an installment basis.

Got more questions? Leave a comment on the comments section below and we will do our best to answer your concerns. 

Frequently Asked Questions About Online Cash Loans In The Philippines

According to the Bangko Sentral ng Pilipinas, 77 percent of Filipinos are unbanked or doesn’t have a bank account. Apparently, having a bank account is a basic indicator of financial inclusion because this means you can have access to various services such as savings, bills payment, and loan availments.

Yes, loan availments. This is also the bank’s way of checking how financially responsible you are, which will help determine if they will approve (or reject) your loan application.

What about those unbanked? This is where fin-tech companies come in.

According to financial experts, unbanked Filipinos will decline by 20 percent by 2025 as fin-tech firms help bridge and fill the inclusion gap.

Before you get excited, here are the most common questions asked about online cash loans offered by fin-tech companies:

What is an online cash loan?

Online cash loan is a type of loan that you can apply for directly and online even without going physically to the lender. Application, communication, crediting of loan amount, and payment are online, which means there’s no need to go out.

Unlike traditional loans offered by banks, online cash loans have minimal documentary requirements like government-issued ID and billing statement. This type of loan is also unsecured, which means it is not backed up by any form of security.

More importantly, approval is fast, which could take few minutes to a day. Just make sure to submit all required documents for faster processing. 

How much can I borrow?

Every lender imposes a certain loanable amount. The minimum amount is P1,000 while maximum amount you can borrow is P10,000. Some online lenders could extend up to P50,000.

Take note that for first time borrowers, you cannot avail of the maximum amount immediately. Repeated borrowings as well as paying the loan on time will qualify you for a higher loan amount.

What are the documentary requirements?

This varies per lender but the most common documents are:

  • Valid government-issued ID
  • Billing statement to check the validity of your address
  • Proof of income such as payslip, which proves your capacity to pay
  • Certificate of Employment in lieu of payslip

Is credit card needed?

No. Online cash loans are meant to help those who are not given access to financial credit. This means owning a credit card is not among the requirements needed to be able to qualify.

Can freelancers apply?

Definitely. The purpose of fin-tech companies is to fill the gap and provide financial services to those who are often shun by banks. Just make sure you can provide proof of income for the past three months to show capacity to pay.

How can I receive the money?

You can get the borrowed amount through any of the following:

  • Bank transfer
  • account
  • Cash pickup from remittance companies
  • Credit to digital wallet like Lazada wallet

Are online cash loans legitimate?

It depends on the provider. There are many fly-by-night companies that targets unbanked Filipinos and get their money. SEC regularly releases a list of scammers to prevent Filipinos from getting victimized.

On the other hand, legit online cash loan providers must be registered with the SEC. It should have a physical address you can go to just in case as well as phone numbers you can call for any concerns.

What are the loan terms?

This will also depend on the lender. Typically, an online cash loan must be paid within 30 days with some lenders extending up to six months.

Payment on installment basis is also available wherein the amount will be divided into equal installments.

What about interest rate?

Since online cash loans are unsecured, expect interest rate to be higher. It could range between one and three percent, so make sure to check with your preferred loan provider.

How do I apply for an online cash loan?

The procedure varies per lender. Nonetheless, the procedure is almost the same:

  • Go to your preferred lender’s website or download their mobile app.
  • Apply online by filling our the needed information.
  • Upload necessary documents for verification and credit checking.
  • Wait for approval.
  • Digitally sign the loan contract to proceed. The lender will also credit the loan amount upon submission of loan contract.

What are the usual payment options?

  • Bank transfer
  • Payment thru Bayad Center
  • Remittance center like Cebuana and M Lhullier
  • 7-11 via DragonPay

Make sure you check with your lender regarding payment terms.

What happens if I wasn’t able to pay my loan on time?

This could have a negative effect on your credit score. A loan is a loan, regardless of where you availed it. In case of default and inability to pay the loan despite demand, it will show up in your credit record where other financial entities have access to.

You might also be asked to pay penalty fee multiplied with the number of days you weren’t able to pay the loan.

Are you ready to borrow? You can also check this link for comparison of rates of online cash lenders in the Philippines.

Pay Your Lazada Purchases Through Installment Plan

Lazada is one, if not the most sought after selling platforms in the Philippines. In fact, you can buy almost anything – electronics, furniture, accessories, food, books, and the list goes on. Simply type what you need in the search bar and you will be presented with tons of options that can be overwhelming at times.

But you know what’s more overwhelming? Paying for those purchases.

Here’s some good news: you can now pay for your Lazada purchases on an installment basis. The better news is that you don’t need a credit card to avail of this service.

Lazada partnered with several online fin-tech platforms to provide an additional payment option: Buy Now, Pay Later (BNPL) scheme. Through this option, customers can now pay in equal installments, thereby making it easier for them to buy what they need.

Below are Lazada’s installment payment partners:


If you’re looking for an installment partner with the fastest application process, then Atome is the perfect one for the job. Financial inclusion is among its goals, thereby extending credit to many unbanked Filipinos.

To apply for an installment plan in Lazada with Atome, this post will help.


One of the pioneers in the BNPL scheme is BillEase. A product under First Digital Finance Corp., BillEase provides, among others, an installment scheme that will make shopping easier and more convenient to customers. It also offers the lowest interest rate at 2.49 percent compared to other lenders and money can be directly credited to your Lazada wallet.

Here’s how you can apply with BillEase.


Unlike other partner-lenders with different products under them, Paylater is differant. In fact, it is solely dedicated to Lazada. This means when you apply, proceeds will be directly credit to your Lazada e-wallet. This makes it easier for customers since money doesn’t have to go through various channels.

This post will serve as your guide on how to apply with Paylater.


Pera247 is a digital lending company powered by Asia Kredit, an international tech-based financial firm providing services to Southeast Asia. Its vision is to provide financial access to unbanked Filipinos. At the same time, it aims to educate millions of Filipinos on better financial management.

It offers eShopaLoan, Pera247’s facility that allows customers to pay on installment basis.

Check out this post for a step-by-step procedure on how to apply and use it in Lazada.


PeraJet offers short-term, micro-finance services particularly to Metro Manila residents. You can borrow up to P5,000 and have the amount credited to your Lazada wallet in two minutes.

Here’s how you can apply with PeraJet.


If you need to borrow a bigger amount, say P50,000, then PondoPeso could be of service. This fin-tech company offers the highest loan value even on the first application. Everything happens online as well, which means there’s no need to go to their office and sign documents.

If you’re interested with PondoPeso, then check out this post as your guide on how to apply.


PondoPeso may have the highest loanable value but TendoPay could offer something similar. It allows you to borrow up to P30,000 and with longer repayment term of up to 24 months. Requirements are minimal, thereby allowing you to shop conveniently.

Check out this post to find out how to apply with TendoPay.

Have you tried any of these fin-tech platforms? How was your experience?

Pros And Cons Of Buy Now, Pay Later Scheme

Have you been online shopping lately? If yes, then you are not alone.

Because of the pandemic, people were obligated to stay at home to prevent the spread of virus and reduce the risk of getting infected. As a result, many people resorted to the World Wide Web to do what they need – paying bills, transferring funds, and even shopping.

Here’s the thing: not everyone has money within their disposal anytime they life. Most people have to wait for the 15th and 30th (or 10th and 25th, depending on your employer) for salary.

Thankfully, many online selling platforms such as Lazada and Kimstore are offering Buy Now, Pay Later (BNPL) scheme. This means you can pay for your purchases on installment basis for a given term by signing up with your preferred partner like BillEase and TendoPay.

But why should you give BNPL scheme a try? Here’s why:

  • Not Everyone Has A Credit Card

One of the features of credit card is that it allows you to pay in installment. This means you can stretch a particular purchase for months, thereby giving you more time to save up for it. Unfortunately, owning a credit card is not as simple as it seems, especially if you are unbanked.

BNPL scheme lets you pay in installment without owning a credit card. Lazada partnered with several lenders like BillEase, Atome, and PeraJet so you don’t have to pay everything at once.

  • Faster Approval 

Getting a credit card will take time. This is because you need to show that you are capable of paying and that you have an existing bank account with a particular bank before you’re given one.

BNPL scheme skips the process. In fact, application process is easier and more convenient due to minimal requirements. In just little as two minutes, you can get an approval and ensure that your purchases will be delivered in your doorstep.

  • Installment Payment 

Imagine this: your laptop broke and you need to have one since you are currently working from home. You don’t have P30k to spare instantly, but you badly need one for work. So, you go to Kimstore, add a laptop to your cart, and pay in installment for six months.

This is the beauty of BNPL scheme. You can buy necessary items and pay for those in equal installments. This makes it easier for your wallet to manage as well.

  • Affordable Interest Rate 

As of this writing, credit card interest rate is pegged at 3%. This could go higher, depending on the market situation.

Thankfully, lenders who offer BNPL schemes have more affordable rates. For instance, BillEase charges 2.49 percent, which also means payment is easier.

  • Everything Is Online

That’s right. Application is done online, which means you don’t need to line up and wait for days. This makes application more convenient.

Despite these advantages, BNPL scheme has not-so-good sides, too. This includes:

  • Shopping Overboard

Application is online. Plus, you can get approval in minutes without submitting tons of documents. While shopping became convenient, you might be tempted to “abuse” this scheme. It’s easier to shop now and before you know it, you might be drowning in debt.

  • May Affect Credit Score

It’s okay to borrow as long as you pay on time and in full. Otherwise, unpaid loans will reflect on your credit score and could negatively affect your financial standing. This means when it’s time for you to apply for a loan, banks could turn you down because of existing financial obligations.

Therefore, make sure you only borrow what you need and pay on time.

  • Loan Term Is Decided

When you apply for an installment plan, you have no choice but to abide by the terms set by the lender. Surely, they will give you time before they start with the first installment but generally, you cannot negotiate.

Overall, it is important to be responsible with how you use BNPL scheme. Although it offers convenience and ease in shopping, the system is not meant to be abused. At this time, it is important to be mindful of your spending.

DiskarTech: Your One-Stop For Everything Digital

A lot of things have changed since the pandemic started. To minimize the possibility of getting exposed to the coronavirus, more and more businesses and various institutions are bringing their products and services in the digital world.

In fact, digital banking is on the rise; thus making it easier and more convenient for people to transfer money from one bank to another, pay bills, and do online shopping among others.

In line with this trend, RCBC launched DiskarTech, the bank’s latest online platform aimed to target millions of unbanked Filipinos.

Getting To Know DiskarTech 

DiskarTech is the Philippines’ first “all-in-one Taglish inclusion super app.” Its primary purpose is to provide, among others, banking services for unbanked and underserved Filipinos, especially those in the grassroots communities.

Since the app is in Taglish, it will be easier for ordinary Filipinos to understand banking and financial terms. This will erase confusion and feeling of intimidation since people can easily understand the language.

More importantly, it is fully supported and commended by various government agencies including the Bangko Sentral ng Pilipinas and Department of Trade and Industry.

Features And Services

  • Opening of deposit account, which does not require an initial amount or maintaining balance. This is easier and more convenient because it requires one-time registration via electronic know-your-customer (eKYC) digital process.
  • Deposit and withdrawal facility in real time from partner channels like Bayad Center and 7-Eleven
  • E-load
  • Bills payment
  • Fund transfer
  • QR code transfer
  • Payment of government fees / membership
  • Telemedicine
  • Loan and insurance application
  • Additional income through its referral program where you can earn up to P30,000


  • Filipino citizen
  • At least 18 years old and above
  • Government-issued ID such as driver’s license, passport, UMID, SSS ID, Postal ID, PRC ID

How to Register:

  1. Download the DiskarTech app in Google Play Store (Android users) or Apple Store (iPhone users).
  2. Launch the app and then click Gumawa ng Account to register.
  3. Input your username and mobile number. A one-time code will be sent so make sure to input it.
  4. Set your password to finish registration.

You might also be asked to set your goals. This is optional, although goal setting could help you focused and more serious when it comes to saving.

It is also recommended to upgrade your account. This allows you to enjoy up to 3.25 percent per annum, which is higher than most banks’ less than one percent. To upgrade, you will be asked to fill out several information about yourself such as name, email address, and address among others.

Why download DiskarTech? 

Digital banking is on the rise these days. In fact, it makes our lives easier and more convenient since we could do transactions with just a few clicks and without leaving the house. To do digital banking, one must have a bank account first. To have a bank account, you need to submit a lot of documents.

This is why DiskarTech is reaching out. It aims to help millions of Filipinos who do not have access to what banks offer. This includes the working class from C, D, and E income segments who are often not given priority. This will also benefit micro, small, and medium enterprises, including sari-sari store owners and market vendors.

This will help “level the playing field” by giving the underbanked opportunities for financial growth. For RCBC, financial inclusion is a must and no one must be left behind.

Apply For A Personal Loan With Asteria Lending

The online world is active these days. Because of the ongoing threat of coronavirus, more people are still opting to stay at home to keep their families safe. This could also mean more people are going online and doing what needs to be done in the digital world. This includes lending.

You know Tala and Loan Ranger among others and read about both good and bad. If you’re looking for a new partner, then you might want to consider Asteria Lending.

Who is Asteria Lending?

Asteria Lending Co. is a Makati-based company that provides personal loans to Filipinos. Its goal is to be able to provide online and hassle-free financial service to new and existing clients.

You can borrow up to P20,000 and payable up to 90 days in equal installments. For first time borrowers, Asteria limited it to maximum of P10,000.

As of this writing, Asteria Lending offers:

  • Personal Loan, which is ideal for quick funding of personal finances such as medical emergencies, education, and travel.
  • Salary Loan for quick funding before pay check arrives

Why Asteria Lending?

  • They offer the best rate at 0.9 percent per day
  • Longer term duration of up to 90 days
  • 24-hour approval
  • Real time disbursement of funds to your account


  • Filipino citizen
  • Residing in Metro Manila, Pampanga, Batangas, or other nearby cities
  • Must be at least 21 years old at the time of application and not more than 60 by the end of the loan term
  • Government-issued ID, preferably driver’s license, UMID, TIN, and Philhealth
  • Bank account under the borrower’s name
  • Borrower must be employed and with minimum gross salary of P10,000 per month

How To Apply For A Personal Loan:

  1. Visit the Asteria Lending website or click this link.
  2. Navigate the loan calculator and then click Apply Now.
  3. Create an account by filling out the online application form. Make sure you also upload the necessary documents. This will help Asteria Lending representatives to verify your identity as a borrower
  4. Wait for Asteria Lending’s approval. Usually, this will take 24 hours (or less), depending on the volume of applications.
  5. Asteria Lending will notify you once approved through the email address or mobile number you used during registration. If approved, loan amount will also be immediately sent to your bank account.

As soon as the amount is credited to your bank account, you can now use the money for your personal needs.

Tips To Remember Before You Borrow From Asteria Lending

  • Make sure that you upload the required documents and fill out the information needed. This will make it easier and faster for Asteria Lending representatives to evaluate your loan application.
  • Take note of the repayment terms. Asteria Lending will send you the repayment schedule as well as instructions. You can pay through DragonPay payment facilities, which are available in 7-Eleven, SM Payment Centers, LBC, Cebuana, Robinson’s Payment Centers, and Bayad Centers.
  • Apply for the amount you only need. Aiming for the maximum amount won’t help if you cannot pay it on time. Asteria imposes late payment charges and 1 percent per day penalty fee if you are unable to pay on time. This could affect your chances of getting approved for a higher amount as well.

Asteria Lending might be the partner you’re looking for especially in times of need. Give this a try and leave comments below to share your experience with them.

Get An Installment Plan For Your Lazada Purchases With Pera247

Online shopping is in these days. It is fast, convenient, and most importantly, you’re just at home. With the situation now where going out is risky, you can buy everything you need with just several clicks.

One of the popular online shopping platforms today is Lazada. Because of its popularity, it offered several payment options including installment or the Buy Now, Pay Later scheme.

Lazada partnered with several fin-tech platforms to cater to this growing need. One of them is Pera247.

Who is Pera247?

Pera247 Lending Corporation is a duly-registered digital lending company in the country that is powered by Asia Kredit. It is also registered with the SEC.

On the other hand, Asia Kredit is an international tech-based financial services firm that offers fast and convenient credit services to millions of people in Southeast Asia.

Pera247’s vision is to help unbanked individuals gain access to formal credit. At the same time, the company aims to help people become more educated on financial management, which could pave way to improved standard of living.

Likewise, Pera247 is committed to fairness, transparency, convenience, speed, respect, and financial education.

Pera247 offers the following products:

  • InstaLoan – This lets you borrow up to P15,000 and payable up to 90 days
  • AffordaLoan – You can avail of this if you need a bigger loan amount. You can borrow up to P30,000 and pay up to six months.
  • eShopaLoan – This product allows you to shop at Pera247’s partner merchants and pay in installment basis.

For purposes of this post, we will focus on eShopaLOAN.

Quick Review Of eShopaLOAN

This product is offered as Pera247’s online sales finance facility with zero interest rate and longer loan term. Through this facility, you can borrow between P5,000 and P50,000 and payable in six equal monthly installments, similar to how credit card works.

You can also shop for multiple products and let this product pay for your purchases. When approved, you need to avail of this within 72 hours otherwise, your loan will be automatically cancelled.

Don’t get too excited because you need to make a downpayment anywhere between P5,000 and P10,000.

Take note that there is also a processing fee of P2,500.00. Payment options include Bayad Center, 7-Eleven CLiqq kiosks, Cebuana Lhuillier, online transfer through BDO and BPI.

Requirements for eShopaLOAN:

  • Completely filled out application form
  • Valid government-issued ID
  • Selfie, which will be uploaded in the app

How To Apply For Pera247’s eShopaLOAN:

  1. Visit the Lazada website or app and do your usual online shopping.
  2. Upon checkout, make a screenshot of the total amount of items you plan to buy plus the shipping rate.
  3. Download the Pera247 app. Unfortunately, the app is only available in Google Play Store for Android users.
  4. Once you downloaded the app, apply for eShopaLOAN.
  5. Fill out the online application form and loan terms. Make sure to answer all the questions and don’t forget to upload your valid ID and selfie. These two requirements will help verify your identity as a borrower. Also, apply for the amount that you only need. As much as possible, do not go beyond what is on your cart.
  6. Once approved, make sure to upload the screenshot of your (1) Lazada wallet with sufficient credits required for the downpayment; (2) cash-in request; and (3) item/s in Lazada cart.
  7. It will take few minutes and then, you will see that your Lazada Wallet will be funded. You can now use this to pay for your purchases.

Thereafter, wait for the items to be delivered in your doorstep. You also have six months to pay for your Lazada purchases.

Give Pera247 a try, yes?

Get Your Cash In A Flash With PeraJet

In this challenging times, it is always helpful to find a partner who could assist you with your financial needs. Apparently, not everyone is willing to extend a helping hand, especially if you have no bank account or with poor credit.

The good news is there are many online cash lenders that can extend financial assistance with minimal requirements. The bad news is which among them should you trust?

In that case, consider PeraJet. 

Who is PeraJet? 

PeraJet is a Filipino fin-tech company that specializes in lending. Registered with the SEC in 2016 and in operation since 2018, PeraJet aims to offer fast and short-term micro-finance services in the Philippine market, particularly Metro Manila.

It offers up to P5,000 cash loan and with a repayment term of up to six months.

Why trust PeraJet? 

  • Registered and supervised by the Securities and Exchange Commission
  • Simple, uncomplicated application procedure
  • Online loan application with approval within 24 hours
  • No hidden or additional fees to be imposed
  • Easy to understand Loan Agreement sans the fine print
  • Several loan repayment options including Union Bank, East West Bank, GCash,, UCPB, and ECPay partner establishments (7/11, Tambunting)


  • Filipino citizen
  • At least 20 years of age or older at the time of the application
  • Lives anywhere in Metro Manila
  • Must be employed and able to submit proof of employment such as Certificate of Employment, latest payslip, or other documents that shows you have a steady source of income
  • Borrower must have a bank account
  • Has no overdue loans

How To Apply For A Cash Loan With PeraJet:

  1. Visit the PeraJet website. You can also access it here.
  2. Using the online calculator, navigate how much money you need as well the number of installments you plan to make. Then click Apply Now. 
  3. Fill out the online application form. Then click Next. 
  4. You will receive a SMS or email regarding the status of your loan application. PeraJet ensures 24-hour processing but this may take longer, depending on the volume of applications they receive on that day.
  5. If approved, then you will be asked to go to PeraJet kiosk at 30 Meralco Avenue, Pasig City between 12noon to 8pm. Make sure you bring your original employment documents as well as two valid IDs, preferably government-issued IDs.
  6. Sign the contract.
  7. Wait for the cash to be credited to your account.

PeraJet and Lazada

Did you know that you can pay for your Lazada purchases using PeraJet? You can also be pre-approved in two minutes so you could enjoy shopping.

Before you apply, make sure you have the following documents:

  • Two IDs, with one ID preferably issued by the government
  • Current proof of billing
  • Latest payslip
  • Selfie with your ID
  • Print-screen of your Lazada checkout
  • Activated Lazada wallet

After you prepare these requirements, here’s how to apply:

  1. Start by clicking this link.
  2. Fill out the details of the online calculator then click Apply Now. Lazada will pre-approve your application and will notify you regarding your status within two minutes. Make sure you check your Lazada-registered email address or mobile phone for update.
  3. If approved, then completely fill out the online application form.
  4. Accept the terms. Take note that this is needed.
  5. Wait for the amount to be credited to your Lazada wallet. You can now use this upon checkout.

Tips to Remember When Applying With PeraJet:

  • Make sure you use the online calculator on their website. This will give you an idea on how much you will pay given the loan amount and loan term.
  • Prepare all the required documents. This will make application faster as well.
  • Pay off your existing loans. Overdue loans will have a negative impact on your application.

PeraJet is among the many platforms available to Filipino consumers. Try this and see how it goes.

Online Cash Lenders: Bridging The Gap To Help Ordinary Filipinos In The Time Of Pandemic

Admit it. You never thought that once in your life, you will experience an unprecedented event such as this. All of a sudden, millions of Filipinos, both here and abroad, were forced to stay at home due to strict lockdown measures. Everything else is disrupted, too – your job, proper cashflow, and your normal, daily life.

Because of this pandemic, thousands of Filipinos are on their knees. There are a lot of uncertainties as well since no one knows when this will end or if the situation will get better anytime soon despite the strict quarantine protocols.

The good news is business doesn’t stop for online cash lenders. In fact, some were “business as usual” to give thousands of unbanked Filipinos access to credit.

Here’s how online cash lenders are adjusting:

  • Online lenders are open for business, although for a limited work schedule, to address people’s financial needs.
  • Updated application process to make application easier and more convenient. However, this could affect the 24-hour turnaround time promised by most lenders.
  • Loan payments are easier through GCash,, or online bank transfer among others.
  • Allow rescheduling of payments without incurring any fees.
  • Pursuant to Bayanihan Heal As One Act, a 30-day grace period was given for loans that fell during the enhanced community quarantine.
  • Consequently, penalty fees were waived as well as long as loans will be paid within the given period.

On Bridging The Gap And Providing Credit To Filipinos

The reality is there are thousands of Filipinos who remain unbanked or those who have no bank accounts. Some will also be unable to borrow due to poor credit score. This could be a problem especially in times of emergency and you need access to cash – now.

Thankfully, online cash lenders were there to help – and they do so by making loan application easier and more accessible. 

Most online cash lenders allow you to borrow between P1,000 and P30,000, although there are few who would lend higher amount. This loan is payable within a week or up to three months.

You can use the amount for almost anything but during this challenging time, we recommend that you borrow for the following purpose/s:

  • Pay or update loan amortizations
  • Purchase inventory
  • Additional working capital to jumpstart your existing business
  • New working capital to start a business
  • Additional spending power in case of delay in salary or job loss

That being said, here are some reminders when borrowing money from online cash lenders:

  • Choose your lender wisely. Online cash lending is popular these days. This results to proliferation of fly-by-night lenders, which the SEC and BSP warn the public about. Before you apply, do your research first. Use the loan calculator in the lender’s website to give you an idea on how much each lender will spend for a particular amount. This will give you an idea on the loan duration as well.
  • Submit all requirements. This is a must. Despite making services accessible to you, lenders need to ensure that they will be paid at the end of the day. Prepare documents like payslips, certificate of employment, proof of billing, and government-issued ID. Each lender’s requirements vary but so far, these are the essentials you need to prepare.
  • Cash-in / Cash-out method. Choose a method that is most accessible to you. Options include 7/11, remittance centers,, or online bank transfer.

Online cash lenders will make borrowing easier, but this doesn’t mean you should do this anytime you want. This is a difficult time for everyone, so make sure you borrow only when needed and use your money wisely.

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