Kviku

Kviku is an online lender that offers quick loans to Filipino citizens. Loans granted range from ₱1,000 to ₱25,000 and can be repaid in periods ranging from 15 to 120 days.

Kviku is a direct lender, and since there are no intermediaries, the process can be fast. On the website, they mention their approval process is 100% automated, so people can request loans, get approved, and receive the money without human intervention.

It is only necessary to input personal information and upload a valid ID. Once you fill out the form, they generally respond regarding the approval of the loan in less than an hour, and it's unlikely to take more than a day. If you’re of legal age and have a good credit score, there should be no problem to approve the loan.

Kviku will transfer the money to your account immediately. However, depending on the bank, there might be a delay of 1 or 2 days for the money to show up in your account. To make things easier, it’s important that you input the correct account information. If you make a mistake, you won’t receive the money and will have to wait around 2 weeks for the loan to be automatically canceled before you can request a loan again.

Is Kviku legit?

Yes, Kviku is legit, as it is registered in the Securities and Exchange Commission (SEC) of the Philippines. On their website, you can find their Certificate of Authority to Operate and their Registration Number. You can use this information to verify their registration on the SEC website. Being registered means they are a legal entity with the authorization to lend money in the Philippines. They are also registered with the National Privacy Commission (NPC), which means your information will be kept safe.