I need 2000 PHP
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2000 20000
For 3 Months
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3 36

Student Loan

Getting an education has never been easy. And we are talking not only about the permanent stress before each exam and test. And even not about those hundreds of sleepless nights studying. We are talking about the financial side of this question. Besides the moral difficulties, you should also need money for your education. One of the best ways to cover all financial needs is to take a student loan. Of course, students are not super-professional in this question. And this is one of the reasons to use financial assistance for college students in the Philippines. The Binixo company is ready to help students get a loan without documents 24 hours a day, 7 days a week.


How to get a loan?

1

Indicate the amount and term

3

Fill out an online application

2

Choose the best offer

4

Get confirmation and money

Why us?

24/7 lending
No checking documents or income at any time of the day.
Convenient and easy
Choose the best offer and the way to receive money. Binixo will save you time looking for lenders on your own.
No commission
Binixo does not charge any fees. The selection of personal offers is free. We deal with trusted companies only.

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Also you can get loans
in other cities

Why you need this loan

Why you need this loan

Here can be a list of the dozens of reasons to take the educational loan but we won’t waste your time. The main reason is one and it is the most important – getting an education. The problem of tuition fees, expenses for school supplies and many other things can be solved with the loan for students in the Philippines. You will not have to worry about where to get money to pay for the next month of your education. Take a loan for bad credit and get rid of financial problems forever. Moreover, you will be able to fully concentrate on your educational tasks.

Advantages of the loan

Advantages of the loan

When we see something new, the first thing we interest in is the advantages. We need facts that will persuade us to use one or another service or to purchase a thing. Same is about student loans in the Philippines. Among the main advantages of this type of loan are its speed and simplicity. It is extremely simple to apply for. And you get a online loans same day. You will not have to spend hours of your time waiting in the long queues in the bank. All you need is your laptop and access to the Internet. Fill the application form and in the shortest time period our specialists will contact you.

loan requirements

What are the loan requirements?

If compare the student loan in the Philippines with other loans, of course, it is simpler. The main reason for it is that students are not professional in the financial questions and risk to be victims of a fraud. Thus, nowadays, companies try to maximally simplify the procedure and make it transparent. However, you will not get rid of the paperwork even in this case. There is a list of docs that are similar for the most of banks and companies. Among these docs are:

  • Billing statement from your school;
  • You should be a Filipino citizen (or a permanent resident);
  • You also may need the proof of the monthly income of your family.
How much can I get

How much can I get?

The money amount that you can get while applying for the student loan in the Philippines may vary. Different banks and companies may offer you different loan amounts. In addition to this, this amount may depend on the monthly income of your family. Speaking on average loan amounts, the most common maximum sum is PHP 2 000 000. This amount is offered by banks, so check it in the company which services you use.

When should you make the first payment

When should you make the first payment?

Unfortunately, there is no common answer to this question. The grace period of the students loans in the Philippines varies depending on the lender you chose. For example, in one case you will have to make the first payment right after getting the money. While in another case you can make it after finishing school (college). All these moments should be mentioned in the contract or the loan agreement. In any case, if you take a personal loan in Cebu or any other city сheck contract twice before applying for the loan. In this way, you will avoid all possible problems in the future.

Student loans with Binixo

Student loans with Binixo

The main parameter that you should check when choosing the lending company (bank) is reliability. Nowadays it’s easy to choose the fraudulent lender. To avoid such sad scenario, we recommend you to work with the professionals. Such companies as Binixo will provide you with all the lending services. Our reputation is proven by lots of clients. Taking an educational loan in the Philippines with us is a simple and reliable process. We will make your study simple and full only with positive moments.



Binixo is a reliable intermediary when you need to find a company to get money from. Keep in mind, it is not responsible for the terms and conditions of one lender. So, it is up to a client to familiarize himself with the policies of one multilateral institution.

General requirements for borrower:

Person must be over 18 years of age and be a citizen of Philippines.

Loan interest:

Depending on the lender, interest rate can vary: per day from 0.8% to 2%, APR(annual percentage rate) from 10.5% to 71%.

Example:

Credit amount is 20 000 PHP for 30 days, full payout amount is 26,000 PHP.

These values ​​are approximate and may vary depending on the conditions of the lender.

Here is a list of helpful tips to know before borrowing:

  • A request to borrow money should be taken seriously and it predetermines that a person has a steady income to bring them back;
  • The applied amount should match the person’s paying capacity. So, it will be repaid with no trouble;
  • A loan cannot be considered as a permanent financial help. It is an exceptional solution to provide a person with money. If repeatedly requesting such monetary aid, there may be lots of debts;
  • It is advisable to inform the family about such an application. Otherwise, it may affect them;
  • A person has to pay not only a fixed applied amount but a commission, interest, and extra fees if available.

Binixo Philippines, in turn, will do its best to provide potential borrowers with transparent information on each lender and his requirements.

What If You Fail to Repay?

There are many events when a person cannot repay a borrowed amount due to various circumstances. But, they will not serve as a valid reason to not give money back. Thus, lenders may use penalties against the client. Also, depending again on each credit organizations, they may initiate a lawsuit or give the right to collect the debt to third parties.

To avoid such harmful consequences, always remember about the interest and commission. And, by no means ignore the due date. For instance, if you missed returning the money, a lender will calculate additional costs starting from the delay day until receiving a full amount. Unfortunately, there is a common practice in the Philippines when a person fails to repay, and then it greatly influences credit history. He may receive a denial when applying with a new company.