There are many reasons why you may need a personal loan. Maybe you want to buy a new car, or you have a medical emergency, or you want to start your own business. Binixo specializes in helping people just like you.
The main purpose of this blog is to help you get a clear picture of the services offered by this company as well as the way to apply for a loan from Binixo.
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Basic Informations About Binixo Corporation
The company is an online money lending website in the Philippines, made up of an assortment of international fintech partners focusing on online lending for individuals or small business owners. They are the initiators to provide online loans in the country.
They offer a new approach to financial services that has been gaining popularity as the old way of doing things is no longer as efficient. The institution is the best place to get a loan, regardless of your credit history, income, or employment status.
You don’t need to worry about your credit score with Binixo
They provide funds for any purpose, both for personal and business, with minimal requirements and a straightforward process. With Binixo, you no longer have to go through the trouble of applying at numerous banks and lenders to get your loan approved.
Why Should You Use Binixo?
With so many credit bureaus online, it’s hard to know where you can place your trust and use their services with confidence. With these three reasons below, we believe that this platform is what you’ve always been looking for!
Fast and convenient
The credit company follows a strict deadline policy to make it easy for you to get the financing you need without waiting weeks at a time.
Everything takes less time than before, from the registration process to the money disbursing to your account. You can also repay loans whenever you want, wherever you want – with hundreds of payment locations all over the country.
If you are looking for a simpler way to borrow money, the company’s already got your back with their app, which gives you access to your funds quicker than ever before.
Skip all the inconvenient queues and complicated registration processes, and you just need 20 minutes to fill out an online form, provide necessary documents, and then wait for the money and enjoy it!
Flexible in terms
The credit company prides itself on becoming a customer-driven platform when providing a flexible repayment period with reasonable loanable amounts to meet most of your financial needs.
The company provides a loanable amount that meets most of your needs
You can now borrow at least 1,000 PHP and a maximum of 25,000 PHP. You can also repay whenever you want, as long as it’s not exceeding one year.
Transparent
Communication and transparency are very important in the relations with customers, so the credit institution goes out of its way to make the clients feel secure using their services.
The institution ensures that you are informed about any pertinent issues concerning your loan requirements, including how much they are spending, how long the repayment is scheduled for, and how much interest they’ll be paying back once they apply online.
You can also use the online calculator on their official website to know all of this information before registration. This feature helps you plan your expenses and repay your loans in advance, so you don’t feel burdened when the repayment date is near.
How To Get A Loan From Binixo?
Things you must have
- One valid personal phone number
- One valid email address
- One valid ID card or one of the other identity documents
A Step-by-step guide
- Visit their official website at Binixo. ph or open their mobile app
- Choose how much money you want to borrow and the desired repayment period.
- Click on the “Take a loan online” button.
- Fill out all your personal information on the online form and click “Continue”.
- Please choose a suitable lender and provide them detailed data, including your identity document, credit card, proof of income and employment, etc.
- Read all the conditions and terms, then sign the contract.
- Waiting for your application to be approved.
- Get the money and enjoy it.
FAQs Section
Is Binixo a reputable site?
The credit company has been around for several years now as they are not a scam. They are licensed and registered with the national authority. Their website is very secure, and they have a high approval rate.
Another plus point is their good customer service, which you can reach through email, phone, or live chat.
How much is the interest rate?
The first time, you can borrow from 1,000 PHP to 25,000 PHP with a commission of 0.01%. If the money is repaid on time, you can have a discount on the commission, varying on different lenders’ regulations.
Moreover, the platform also has interest rates ranging from 4% to 916% per year, depending on the market at the time. If there are any delays in the payment period, you will be charged a commission of 0.1% of the money owed.
Who is eligible for a Binixo loan?
- Philippines citizens of any sex between 18 and 60 (your age plus your repayment period must not exceed 60).
- Have a job or a stable income.
- Be able to provide a valid residential address in Metro Manila or other selected regions in the country.
How long will I get the money from Binixo?
Just one day for your application to be approved
You will need 20 minutes for the registration process, one day for the application form to be approved, and another day for the money to be transferred to your bank account. If everything you provide is complete and accurate, the total processing time will take you at least two days.
Final Thoughts
As we have already discussed, Binixo is the next-generation platform and a professional loan provider providing loans to thousands of satisfied customers.
We try to provide every bit of information you need about the credit institution’s services, and we hope you enjoyed our blog post about this company.
If you have any questions or concerns, please feel free to reach out to us anytime. We’re always happy to help you out!
