Loanz

Loanz is an online comparison service that acts as an intermediary between clients who need a loan and lenders who can grant it. They work with several banks and financial institutions in the Philippines. 

To use the service you have to fill out a form with the amount you need and your personal information, including your monthly income. Once you do, Loanz can recommend different loan offers to you, so you can choose and request one. 

Loanz is not a bank or financial institution and does not lend money directly. They only offer information regarding different loans so you can make an informed decision when requesting one. Everything about the loan, including its terms and the approval decision, is exclusively the responsibility of the lender that offers the loan and Loanz does not have a say in it.

Is Loanz legit?

Loanz is only an intermediary between lenders and borrowers. They do not give or receive money directly from customers, so it is not necessary to be registered with the appropriate authorities. Services like the one Loanz offers tend to be free for customers, so it should not be a risk. However, it is always advisable to read everything carefully and understand the terms before using the service.