Frequently Asked Questions

LayaCredit (layacredit.com) is a financial comparison platform for the Philippine market. We evaluate and categorize trustworthy loan services, enabling users to make smart, informed decisions and find optimal deals.

NO. LayaCredit (layacredit.com) is not a lender, credit provider, or financial institution. We do not issue loans or handle any cash transactions. We are strictly an information aggregator.

NO, our services are 100% free. LayaCredit never collects fees, commissions, or dues from borrowers who use our site to compare financial products.

Generally, you must be a Filipino citizen of legal age (18+) with a valid ID and income. The specific requirements for each loan are set and evaluated by the corresponding lender.

No. The loan agreement is a direct transaction between you and the credit company. LayaCredit has no control over, and is not responsible for, the actions, policies, or contracts of the lending companies.

The rates shown are starting estimates based on public data from our partners. Your final interest rate and credit limit will be determined after the lender reviews your specific credit score.

Defaulting will negatively impact your record with the CIC, make borrowing harder in the future, and attract late fees. LayaCredit promotes safe, responsible, and planned borrowing.