Digido Philippines Review: A Game Changer with a 95% Chance of Loan Approval

Background and Information about Digido Philippines

Digido Finance Corp. is a state licensed online lending company which started last 2021. A full-fledged legal company that has SEC Registration No.: 202003056, and Certificate of Authority No. 1272.Digido was formerly known as Robocash.ph. It was then rebranded and named Digido in order to cater more people and improve the services through a more accessible and versatile loan features and terms. Digido Philippines guaranteed offers a wide range of loans from 0% interest promotional loans to a maximum non-collateral loans amounting to PHP 25,000.

Pros and Cons of Borrowing Money in Digido Philippines

Why loan in Digido Philippines? There is a 95% chance of loan approval and better terms for repeat customer. No hidden charges and other fees, transparency is evident. Easier loan application where all registered data in the system are secured. The system approval and phone verification is done online. Most of all, the processing of loan is fast and will be paid after the approval of the loan application.

But there are also cons to consider when borrowing money in Digido Philippines, in case the borrower will not pay in time corresponding penalties will be given which are a bit pricy. For repeat loans, there is higher interest rates especially when the loanable amount is greater than the previous one. Borrowers should be mindful on the allowable days for the term, lapses on the payment might be present once the borrower will not keep on track the transaction and the status of his/her loan.

Interest Rate and Terms of Payments

For interested loan applicants, you should first consider the following items prior to filing an application for loan:  interest rates, terms, loan amount, processing fees, pre-advance payment, overdue interest and penalty. These items may give you an idea during your decision-making. The following are the particulars for each item categorized for new client and repeat loan:

 New ClientRepeat Loan
Interest Rate1.5% per day1.5% per day
Terms7-14 daysup to 30 days
Loan Amount1,000-10,000up to maximum of 25k
Processing Fee200-300 (depending on the loan amount)150-250 (depending on the loan amount)
Pre-advance Payment7 days minimum term7 days minimum term
Overdue Interest3% per day3% per day
Penalty800600

Digido Philippines Loan Requirements

What are the requirements to apply for loans in Digido Philippines? These are the list of requirements for interested applicants to be eligible for the loan.

  1. 1 Valid ID (Driver’s License, SSS, UMID, Tin or Philippine Passport).
  2. Applicants must be 21-70 years old currently living in the Philippine.
  3. Must be either of the following: employed, self-employed, remittance beneficiary, pensioner.
  4. The applicant must have a personal savings bank account or verified GCash account for loan disbursement but you can choose Cebuana Lhuillier for cash pick up or other partners.

Digido Loan Application Steps

How to apply for Digido Philippines loans? It’s fast and easy just follow these simple steps:

Step 1. Log in to Digido Philippines official website.

Step 2. Register with your phone number.

Step 3. Fill in the Digido Philippines online loan application form.

Step 4. Choose the term and amount of the loan.

Step 5. Wait for an expert to call you and make a decision about the loan.

Step 6. Get your Digido Philippines cash loan to your bank account

Modes of Payment

When it comes to payment, one should take note that the earlier the payment the greater chance that the smaller interest rate/penalty will be charged. Borrowers are encouraged to pay right on time. There are five (5) modes of payment and below are the corresponding instructions to follow during payment.

GCash

Step 1. Log in to GCash and top “Pay Bills”.

Step 2. Then select loans.

Step 3. Choose Dragon Loans.

Step 4. Provide all the information then confirm.

7/11

Step 1. When paying at 7-Eleven, the lender should first consider the ID registered in the Digido Philippines online account dashboard. The lifetime ID will serve as the reference number for payment in 7-Eleven.

Step 2. Visit to the nearest 7-Eleven branch in your area, using the CLiQQ Kiosk Machine generate the barcode slip.

Step 3. Tap “Bills Payment” on the screen with the use of CLiQQ machine.

Step 4. Using the “Loan” section, search and choose “Dragon Loans”.

Step 5. The borrower should provide the active mobile number and Digido Philippines lifetime ID. The exact amount of payment should also be indicated.

Cebuana Lhuillier/MLhuillier

Step 1. Go to your nearest Cebuana Lhuillier/MLhuillier branches, ask for a payment form.

Step 2. Write Dargonpay as Receiver, write your Full Name, reference number and amount to pay.

Bayad Center

Step 1. Visit a nearest Bayad Center branch, get a form and then fill it out.

Step 2. Write Dragonpay as your Biller, indicate the following necessary information: Full Name, reference number and amount to pay.

Bank Transfer (Union Bank)

Step 1. You can transfer your payment via bank transfer through Union Bank using the following account name and number:

Account Name: Digido Finance Corp.

Account Number: 000150028337

Step 2. Then provide all the required information.

Digido Philippines Customer Service

When it comes to customer queries and concerns, you can contact the telephone number: (02) 8876-84-84 the line is open from 8AM to 5PM every day. Official website of Digido Philippines is: https://digido.ph/.  You may also visit the office with the address: DIGIDO FINANCE CORP.UNIT 2/C, Murphy Center, 187 Bonny Serrano Road, Socorro, Quezon City Second District, NCR, Philippines 1109. And for inquiries and concerns on the legitimacy of Digido Philippines, you may refer to its SEC Registration No.: 202003056, and Certificate of Authority No. 1272 or visit the nearest SEC office near you.

During this pandemic people need a safe and accessible way to acquire or transact financial resources such as loans. Digido Philippines is undeniably a go to lending company since all operations are performed via online, there is no need to leave the house. Digido Philippines does not require guarantor’s representation, documentation, or guarantee deposits in just 4 minutes the lender can receive the loans. A great platform for reliable online financial transactions, way to go Digido Philippines!

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