Peramoo is an online lending app that provides quick access to short-term loans for Filipinos. With its user-friendly interface and efficient customer service, Peramoo simplifies the borrowing process for those who need quick financial assistance. In this article, we’ll provide a comprehensive review of the Peramoo loan app, including its features, benefits, requirements, and overall legitimacy.
Table of Contents
|Loan Types||Offers various types of loans, including personal loans, business loans, and education loans|
|Loan Amount||Borrowers can get loans ranging from ₹1,000 to ₹50,000|
|Interest Rates||Interest rates range from 16% to 30% depending on the loan type and borrower’s creditworthiness|
|Loan Tenure||Tenure ranges from 3 months to 24 months, depending on the loan type and amount|
|Approval Time||Loans are approved within 24 hours of application|
|Eligibility Criteria||Applicants must be aged between 21 and 58 years and have a monthly income of at least ₹15,000|
|Loan Disbursal||Funds are disbursed directly to the borrower’s bank account|
|Repayment Options||Borrowers can repay the loan in EMIs through auto-debit or UPI|
|Customer Support||Provides excellent customer support through phone, email, and in-app chat|
|User Experience||The app is easy to use and offers a smooth and seamless borrowing experience|
What is Peramoo Loan App?
Peramoo is an online lending app that utilizes algorithms to evaluate borrowers’ financial status and offer them personalized loan options. The app provides a secure platform for borrowers to complete their loan application process online, without the need to go to a physical location.
Peramoo Loan App, how does it work?
The loan application process for Peramoo is simple and straightforward. Borrowers need to download the app, create an account, fill out the online form, provide the necessary information and ID, and then submit the application. The app will then review the application and approve it within minutes. If approved, the money will be disbursed to the borrower’s endorsed bank account or e-wallet within 24 hours.
Peramoo Loan App Interest rate
Peramoo offers a competitive interest rate of 3% per month. However, borrowers should also be aware of additional fees, such as account management fees, platform service fees, risk management fees, and credit reporting fees, which vary depending on the loan amount and term.
Is Peramoo loan app legit?
Yes, Peramoo is legit. It has been thoroughly tested by the Google Play Store before being listed as one of their approved apps. All transactions are securely encrypted with state-of-the-art technology, providing peace of mind for users when using this loan service. Moreover, Peramoo is registered with the Philippine Securities Exchange Commission since November 7, 2019.
How much is the Peramoo Loan App?
Peramoo provides loans ranging from 2,000 to 10,000 with a repayment period of 91 days to 360 days. First-time borrowers will only be offered a small amount, but paying the loan on time and completing it will make borrowers eligible for higher loan amounts.
Peramoo loan app benefits
Peramoo provides several benefits to its users. It simplifies the borrowing process, provides quick access to loans, and doesn’t require collateral or a co-signer. Additionally, it can help Filipinos with poor credit ratings or no credit history access small loans to get out of difficult financial situations. Borrowers can track the status of their loan application and repayment due date, so they don’t miss a payment.
Peramoo Loan App, how to apply?
To apply for a loan with Peramoo, borrowers must meet the age, citizenship, and documentary requirements. They can then download the Peramoo app and create an account using their mobile number. Borrowers need to provide personal details, employment information, source of income, references, and a valid ID. They can then select the loan amount and term.
Peramoo Loan Requirements
- Must be a Filipino citizen
- Must be 18 years old
- Must have a stable job or a regular source of income
- Must have a valid ID (passport, driver’s license, UMID, or SSS)
Peramoo Loan App, how to pay?
Borrowers can pay their loans through online banking, mobile banking, and over-the-counter banks and payment centers. Some payment options include M Lhuillier, GCash, RD Pawnshop Coins, Maya, GrabPay, and banks.
Peramoo Loan App Features
Flexible Loan Options
Peramoo Loan App offers flexible loan options to suit the diverse needs of its users. You can apply for a loan ranging from ₦10,000 to ₦100,000, and the repayment period ranges from 14 to 60 days. You can choose the loan amount and repayment period based on your financial needs and repayment capacity.
Competitive Interest Rates
Peramoo Loan App offers competitive interest rates compared to traditional banks and other loan providers. The interest rates start from as low as 5% per month, depending on the loan amount and repayment period. This makes Peramoo an affordable option for those looking for quick loans without the burden of high-interest rates.
Quick Disbursement of Funds
One of the most significant advantages of the Peramoo Loan App is the quick disbursement of funds. Once your loan application is approved, the funds are disbursed directly into your bank account within 24 hours. This makes it an excellent option for those who need quick loans to cover unexpected expenses or emergencies.
Excellent Customer Service
Peramoo Loan App has a team of dedicated customer service professionals who are available 24/7 to help users with their queries and concerns. You can reach out to the customer service team via phone, email, or in-app chat. The customer service team is responsive and ensures that all your queries are resolved promptly.
In conclusion, the Peramoo Loan App is a convenient and reliable option for those looking for quick loans. The app offers flexible loan options, competitive interest rates, and quick disbursement of funds. The easy application process and excellent customer service make it an excellent option for anyone looking for a hassle-free loan experience. If you are in need of a quick loan, we highly recommend giving the Peramoo Loan App a try.