Frequient Questions

Frequently Asked Questions

What are the requirements to apply for a loan?

To apply for a loan with LPeso, you need to meet these basic requirements:
  • Be at least 18 years old
  • Have a valid Philippine ID (UMID, Driver's License, Passport, or any government-issued ID)
  • Have a stable source of income
  • Have an active mobile number
Our smart approval system can complete the initial review within 3 minutes. Once approved, funds will be transferred to your account within minutes. The entire process typically takes less than 10 minutes from application to receiving funds.
You only need to provide one valid government-issued ID. We accept:
  • UMID (Unified Multi-Purpose ID)
  • Driver's License
  • Passport
  • Any government-issued ID (SSS/PhilHealth/National ID)
Our app uses real-time facial recognition for secure verification, so no additional documents are needed.
We offer multiple convenient repayment methods:
  • GCash
  • Maya
  • Bank Transfer
  • 7-11 Convenience Stores
You can check your repayment schedule and amount in the app. We also offer flexible repayment terms from 3 to 12 months.
We offer loans ranging from ₱1,000 to ₱50,000. The exact amount you can borrow depends on your credit profile and income. Our AI system analyzes your profile to recommend the optimal loan amount and terms for your situation.
Yes, we take data security very seriously. We use bank-level encryption to protect your personal information and strictly comply with Philippine data privacy regulations. Your information is securely stored and will never be shared with third parties without your consent.