How Lending Companies and Loan App Ratings Are Formed

We review loan amount ranges, repayment terms, promo offers, regular rates, fees, penalties,
and whether the offer still looks reasonable after the promo period ends.

We score lenders higher when rates, charges, due dates, sample repayments,
and important conditions are easy to find and easy to understand.

We assess how simple the application is on mobile, how clear the requirements are,
how quickly users can move through the process, and whether the interface feels reliable.

We look for basic trust signals such as SEC registration status, visible company details,
customer support channels, legal pages, and fair borrower-facing practices.

1. Loan terms and affordability

This is the largest part of the score because it affects the borrower most directly. We compare the size of the loan, repayment period, first-loan promo conditions, standard pricing, late-payment costs, and whether the product looks practical for short-term borrowing.

• minimum and maximum loan amount
• repayment term flexibility
• headline rate vs regular rate
• fees, late charges, and rollover or extension rules
• overall affordability after the promo period

2. Transparency and total borrowing cost

A lender should not force users to guess the real cost of a loan. We give better scores to offers that clearly explain interest, service charges, repayment dates, penalties, and key conditions before application.

• clarity of rates, charges, and due dates
• presence of repayment examples or cost illustrations
• clear explanation of penalties and collection-related consequences
• easy-to-find terms, privacy policy, and borrower notices

3. Usability and borrower experience

Many users in the Philippines apply by smartphone, so usability matters. We look at whether the site or app is understandable, mobile-friendly, and realistic for first-time users.

• mobile usability and page speed
• clarity of requirements and eligibility
• ease of registration and verification flow
• clarity of status updates and next steps

4. Regulatory and trust factors

We do not treat compliance as a marketing badge. We use it as a basic trust filter. Lenders score better when they show company identity, licensing context, customer support,and borrower-facing policies in a transparent way.

• visible company details and official contact channels
• clear indication of SEC registration or licensing context
• presence of privacy, terms, and complaint/help pages
• absence of obviously misleading or overly aggressive claims