No matter where you apply, the requirements for each agency will be the same; only everything is digital when done online. You still need to complete an application form, provide proof of identification such as proof of identity, proof of income, and proof of address (for some). There may be additional requirements, such as ID photos, but it really depends on where you apply.

Tons of online lending apps like digido are now readily available on your mobile devices. This is one of the most common ways to borrow money recently.

One reason is because they offer short-term loans where you can borrow ₱2,000 to ₱50,000 with loan terms ranging from 1 day to 6 months. Another reason is that the processing time is shorter.