JuanHand Loan App Review: If you’re looking for a quick and convenient way to get cash, the JuanHand loan app may just be what you need. JuanHand is an online lending platform that offers personal loans to Filipinos who need help with their finances. In this review, we’ll take a closer look at how JuanHand works, its features, and the overall user experience.
Getting Started with JuanHand
To start using JuanHand, simply download the app from the Google Play Store and sign up with your mobile number. You’ll need to provide some personal information, such as your full name, address, and government-issued ID, for verification purposes. Once your account is verified, you can apply for a loan by choosing your preferred loan amount and term.
JuanHand Loan App Features and Fees
JuanHand offers loan amounts ranging from PHP 2,000 to PHP 50,000, with repayment terms ranging from 14 to 90 days. The interest rate for JuanHand loans is relatively low compared to other lending apps, at 20% per annum. However, there are also loan processing fees and service charges that you need to consider.
For example, if you borrow PHP 10,000 for a 91-day term at an interest rate of 12%, your total payment would be PHP 10,299.17. The computation is based on the formula: 10,000 x 12% divided by 365 x 91 + 10,000.
JuanHand Loan App Approval and Disbursement
One of the best things about JuanHand is its quick decision-making process. You can get approved for a loan within minutes, and the money will be disbursed to your bank account, GCash, or Coins.ph account within 5 minutes after real-time verification. The process is straightforward and hassle-free, allowing you to get the funds you need as soon as possible.
JuanHand Loan App Repayment Options
JuanHand offers several repayment options to make it easy for you to pay back your loan. You can use GCash, Coins.ph, online banking, or over-the-counter transactions with partner institutions such as Metrobank, BPI, Unionbank, Paymaya, and many more. It’s important to pay your loan on time to avoid additional costs and to maintain a good credit history with JuanHand.
JuanHand Loan App Customer Service
If you have any questions or concerns about your loan or account, you can contact JuanHand’s customer service through email or phone. The customer service team is available from Monday to Saturday, 9AM to 8PM. You can also visit their office in Taguig if you need assistance in person.
Pros and Cons of JuanHand
Pros:
- Quick loan approval and disbursement
- Low-interest rates compared to other lending apps
- Multiple repayment options
- Convenient and easy-to-use mobile app
- Flexible loan amounts and terms
Cons:
- Additional fees and charges apply
- Limited maximum loan amount of PHP 50,000
- Some borrowers have reported issues with data privacy and harassment
Conclusion
Overall, JuanHand is a great option for Filipinos who need quick and convenient access to cash. With its low-interest rates, multiple repayment options, and easy-to-use mobile app, JuanHand provides a hassle-free borrowing experience. However, it’s important to be aware of the fees and charges that come with the loan and to pay on time to avoid any issues with your credit history.