How It Works

How It Works

Learn How LPeso Works

LPeso offers credit loans, requiring users to provide personal ID and photo, collaborating with Philippine credit bureaus for information verification, with approval typically in about 1 minute.

Based on credit scores, we provide users with customizable terms, amounts, and interest rates. Our AI risk control model assesses user information, loan history, and credit records, delivering loan approval results within 3 minutes.

After approval, users can receive funds via mobile wallets, bank cards, or offline cash points. We send reminder SMS before due dates, supporting installment repayments.

How LPeso Works

Apply Loan

Applying for a Loan is Very Easy, Just 3 Steps

01

Download and Register

Download the LPeso app and quickly register your account.

02

Submit Application

Fill in your details, choose the amount and term, then submit your application.

03

Receive Funds

Upon approval, funds are instantly credited to your account.

PARTNERS

Our Partners

Operators

Supported by all major Philippine operators including Globe, Smart, PLDT, Sun Cellular, with a simple registration process available anytime, anywhere.

Payment Partners

Supports multiple repayment options including GCash, PayMaya, 7-11 stores, bank transfers, and offline points like Cebuana Lhuillier and M Lhuillier, offering flexibility and convenience.

Regulatory Authority

Regulated by the Securities and Exchange Commission (SEC) of the Philippines, compliant with local financial laws, ensuring the safety and legal rights of your funds.

Loan Process

Frequently Asked Questions

How long does the loan approval process take?

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 from application to receiving funds typically takes less than 10 minutes.

You only need one valid government-issued ID such as:

  • UMID (Unified Multi-Purpose ID)
  • Driver's License
  • Passport
  • Any government-issued ID (SSS/PhilHealth/National ID)

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 offer flexible loan terms and amounts:

  • Loan amounts: ₱1,000 - ₱50,000
  • Repayment terms: 3-12 months
  • Interest rates vary based on your credit profile
  • No hidden fees or charges

Yes, we take data security very seriously:

  • Bank-level encryption for all data
  • Strict compliance with Philippine data privacy regulations
  • Secure storage of personal information
  • No sharing of data with unauthorized third parties