The proximity of a branch or bright advertising are not the best criteria for choosing a lending company. Explore for the terms and conditions of loans from several organizations. For example, such as moneycat philippines, lendmo philippines, etc. Pay attention not only to the interest rate, but also to other parameters: loan term, late fees and penalties, the need for insurance and its cost.

Specify the requirements for borrowers - for example, work experience. If you are going to deposit money through offices or ATMs, check if they are conveniently located. Find out what soft loan programs the bank has and whether you meet their conditions. Be sure to check the reputation of the lender. Read the reviews of other customers - is the bank going to meet borrowers in a difficult financial situation.