Tala Lend–loan app philippines

"Tala Lend – Reliable Loans, Simple Process

Tala Lend provides a safe and straightforward way to borrow money when you need it. From application to approval, every step is designed for clarity, convenience, and peace of mind.

Highlights

* Paperless mobile application with easy steps

* Available anytime, anywhere in the Philippines

* Fast approval with direct fund transfer to your account

* Dedicated customer support for your concerns

Key Loan Features

Loan Amount: ₱5,000 to ₱200,000

Loan Term: 91 to 360 days

APR (Interest Rate): 13.92%

Transaction Fees: None

Service Fee: 3% of the loan amount (₱150 to ₱6,000)

Loan Example

For a ₱10,000 loan with a 91-day repayment period and three installments:

Interest per Installment: ₱10,000 x 13.92% / 365 x 30 = ₱114

Installment Payment: ₱10,000 x 13.92% / 365 x 30 + ₱10,000 / 90 x 30 = ₱3,448

Total Interest: ₱10,000 x 13.92% / 365 x 90 = ₱343

Service Fee: ₱10,000 x 3% = ₱300

Total Repayment Amount: ₱10,000 + ₱343 = ₱10,343

Loan Amount Disbursed: ₱10,000 - ₱300 = ₱9,700 (The service fee is subtracted upfront.)

How to Start

1. Register and complete your personal profile

2. Submit your loan application online

3. Receive approved funds directly and securely

Choose Tala Lend for a transparent and dependable borrowing experience.

Need help? Contact us at: [email protected]."