Pera247 is a renowned quick loan app in the Philippines, offering loans ranging from 1,000 PHP to 70,000 PHP. With Pera247, you don’t need complex documentation or paperwork—just your ID and a bank card to be eligible for a loan.

Pera247 is a safe and reputable quick loan app, ensuring users have the best experiences. It operates online with a valid business license (Registration Number CS201734339), so customers can trust their choice.

Loan Conditions at Pera247

Pera247 sets forth loan conditions that are straightforward and easy to meet, similar to other loan apps. Specifically, customers need to fulfill the following requirements:

• Stable Employment: Have a monthly income source.
• Primary Bank Account: To receive funds.
• Valid Identification: Provide valid ID documents (ID, Passport) with unexpired validity.
• Age Requirement: Must be 18 years old or older.
• Residency: Must be Philippine residents, living and working within the country.

Interest Rates at Pera247

Interest rates are a significant concern for many when considering Pera247. Generally, the interest rates at Pera247 are higher than those at traditional banks due to shorter loan terms and lower borrowing limits. The rates range from 1% to 20% per year, depending on the repayment period and the amount chosen by the customer. While these rates are higher, they are still quite reasonable compared to many other loan apps.

Borrowing Limits and Repayment Terms at Pera247

First-time borrowers can avail of loans ranging from 1,000 PHP to 70,000 PHP with repayment terms from 91 days to 180 days.

Example: For a loan of 10,000 PHP with a term of 180 days, the fees are calculated as follows:

• Monthly Interest Rate: 20% / 12 = 1.66%
• Monthly Interest Amount: 10,000 PHP * 1.66% = 166.66 PHP
• Total Monthly Payment Amount: 10,000 PHP / 6 + 166.66 PHP = 1,833.32 PHP
• Total Interest: 10,000 PHP * (20% / 360) * 180 days = 999.96 PHP
• Total Repayment Amount at Maturity: 10,000 PHP + 999.96 PHP = 10,999.96 PHP

This guide provides information on using the service and contact details to help you experience Pera247’s online cash loan service easily and conveniently.

Benefits of Choosing Pera247

• Simple Requirements: Only need an ID, phone number, and bank account—no complex paperwork required.
• Quick Approval: Receive funds on the same day after loan application.
• Mobile Convenience: Apply, check, and repay loans anytime, anywhere through the mobile app.
• Flexible Loan Options: Loan amounts from 1,000 PHP to 70,000 PHP with terms of 91-180 days.
• Transparent Costs: No hidden fees; clearly informs each customer of the costs and interest rates.
• Secure Information: Personal information is securely protected and complies with legal regulations, ensuring legality in the Philippines.

How to Borrow Money from Pera247

The approval process is very simple. To successfully receive a loan, follow these steps:

1. Open a Loan Account:
   • Download the Pera247 APK/IOS app, open it, and select the option to open a free account.
   • Enter your mobile number when prompted, then select to receive the verification code.
   • Enter the 4-digit code sent via text message and select log in. This completes the account opening process.
2. Enter Information in the App:
   • If it’s your first time using the app, provide your personal information.
   • For subsequent uses, you only need to apply for a loan without providing additional information.
   • Select the Pera247 loan option and enter your information.
   • Confirm your information.
   • Grant permission when the system requests device access.
   • Take photos of financial documents such as pay stubs, bank statements, or employment contracts as requested.
   • Confirm your face according to the instructions.
   • Take photos of both sides of your ID.
3. Enter Information to Receive Money:
   • Fill in complete and accurate information such as bank details and account number.
   • Provide phone numbers of relatives, friends, or colleagues as required by the system.
   • Once these steps are completed, you can proceed to borrow money.

Repaying a Loan at Pera247

Pay attention to the repayment deadline of your loan if it has been approved successfully, and repay the debt in full and on time. It’s advisable to make payments 2–3 days before the specified deadline to avoid late payment penalties.

The app will designate the account number for you to make payments. You can log in to the app and choose to pay via Internet banking or transfer at the bank. After completion, keep a record of your repayment history in case of any issues later on.

Contact Information for Pera247

For any inquiries or assistance, contact Pera247 through the following channels:

• Official Website: 
• Email: 
• Phone: 
• Address: 

Conclusion

Pera247 is a reliable quick loan app in the Philippines, offering fast, flexible, and convenient loan solutions. With simple procedures, no collateral, and minimal paperwork, Pera247 helps you quickly overcome immediate financial difficulties. Download the Pera247 app today and experience a seamless loan service.