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Credit you can understand.

Monthly finance charge from 3%, a 3% service fee, and nothing hidden. Your own rate, every installment and the total are shown before you commit.

Alwan Credit line

₱3,000 to ₱10,000 to start

A credit line with a limit based on what you can afford to repay. Cash out when you need to; your available credit comes back as you repay.

  • Starting credit limits from ₱3,000 up to ₱10,000, subject to approval
  • Limits can grow with on-time payments, up to ₱50,000 for eligible borrowers
  • A person on our credit team decides; the scoring model only advises

Cash-out

Repay over 3, 6 or 12 months

Cash out from PHP 100 up to your available credit to the e-wallet or bank account you choose. You can have several cash-outs at once, within your available credit and what your income can support.

  • Repay each cash-out over 3, 6 or 12 months
  • You see every installment and the total before you confirm
  • Confirmed with your PIN, from your registered phone

Repayment

No fee for paying early

A monthly statement shows the installment due, your statement balance and what it takes to pay everything off today.

  • No fee for paying early, in part or in full
  • Reminders 10 and 3 days before each due date, and on the day
  • Payment arrangements if you are having difficulty

Know what is due, and when.

Choose a term for each cash-out

3 months

6 months

12 months

One bar per monthly installment. Pay early, in part or in full, with no fee.

Reminders before every due date

  1. 10 days before

    A first reminder of the amount and the date.

  2. 3 days before

    A second reminder, in time to arrange payment.

  3. On the due date

    A last reminder on the day. If you are having difficulty, ask about a payment arrangement.

What it costs.

Subject to approval. Your actual rate, limit and repayment amounts are shown before you accept.

Monthly finance charge
3% to 4.5%
A month, depending on your assessment.
Service fee
3%
3% service fee on each cash-out, added to what you repay (not deducted from what you receive)
Processing fee
None
Nothing is taken from what you receive.
First cash-out
0%
Finance charge for eligible new borrowers. The 3% service fee still applies.
Early repayment
No fee
For paying early, in part or in full.
Late payment
Up to 5%
A month, on the overdue installment only, after a short grace period.
Cap on charges
75%
Of the amount borrowed: the most all charges on a cash-out can add up to.

See your own rate in the app.

Applying is done in the Alwan mobile app. Your rate, limit and every installment are shown there before you accept.

Download the app