Quick loansMazilla helps you find licensed lenders who can grant you the loan you`re looking for. To use the service, you have to:
- Fill out the application form with the loan amount and your personal details
- Review the loan offers Mazilla recommends and choose the best one
- Finalize the process with the lender and wait for the loan approval
- Read the loan contract, especially the fine print, before agreeing
- Receive the money via your preferred method and enjoy
Do not forget to take note of the due date for the loan, the amount to be paid by that date and the payment method accepted by the lender. That way, you can better organize yourself to pay on time and minimize issues.
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Banking product |
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Microfinance |
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Loan amount |
From ₱500 up to ₱25,000 |
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Tenure |
From 91 days Up to 2 years |
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Interests and costs |
Mazilla's service is free of charge. Lenders charge interest rates and fees such as processing fees. Interest rates vary depending on the lender, the loan amount, and the repayment period. In general terms, loans found on Mazilla's website can have interest rates varying from 30% to 365% annually. |
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Missed payments |
Lenders charge additional interest rates for late payments. Typically, these interest rates are 0.10% of the initial loan amount per day, though particulars might vary depending on the lender. Additionally, late payment fees may apply. Before the due date, you may contact your lender to negotiate an extension of the repayment term, so that you don't have to pay as much in extra fees and interests. |
Benefits |
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Requirements |
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