Suki loan requirements shows that A valid government ID is required to verify your identity and confirm that you are a Philippine citizen.
Introduction
Suki Loan is a well-known app in Manila, Philippines, that helps people borrow money quickly and easily. If you need cash, you can borrow between ₱2,000.00 and ₱15,000.00 using the app.
This range covers many different needs, whether you have an unexpected expense or need to manage some short-term money issues.
One of the best features of them is that if you have borrowed from the app before, you might be able to get a higher loan limit the next time you use it.
This means loyal users can borrow more money if they need it, which is a great benefit for regular customers.
The interest rates on Suki range from 10.4% to 20.2% per year. These rates are higher than those from traditional bank loans.
However, the app offers a quick and easy way to get money without needing lots of paperwork or a long approval process. This convenience comes at a higher cost, but many people find it worth it.
it is very popular, with over 500,000 downloads and more people joining every day. This large number of downloads shows that many people in Manila trust and use the app. Its popularity indicates that users find it useful and reliable for their borrowing needs.
The app is designed to be user-friendly. It lets you apply for loans and manage your repayments right from your phone. This ease of use makes it a convenient choice for many people who need money quickly.
In summary, they are popular and practical app in Manila for getting quick cash. It offers flexible loan amounts and has a large number of downloads, showing that many people find it helpful.
Even though the interest rates are higher than traditional loans, the app’s simplicity and efficiency make it a go-to option for those who need fast and easy access to money.
History and overview
Suki Loan is a popular loan app owned by Hupan Lending Technology Inc. The company is officially registered with the Securities and Exchange Commission (SEC) under registration number CS201901197 and has Certificate Authority number 2879. This makes Suki Loan a trusted name in the lending industry.
The app is known for its simple loan procedures. It allows users to apply for loans quickly and with minimal paperwork. Suki Loan offers high loan limits, so you can borrow between ₱2,000.00 and ₱15,000.00, depending on your needs.
One of the key features of them is its fast disbursement. Once your loan is approved, the money is transferred to your account very quickly, so you get the funds you need right away.
However, Suki is not available on the iPhone. Instead, you can download it as an APK file from various sites on Google.
This means if you use an iPhone, you won’t be able to get the app directly from the App Store. You might need to use other financial services if you are an iPhone user.
Overall, it is a well-regarded app for getting quick and easy loans. Its high loan limits, fast money transfer, and simple application process make it a popular choice in Manila.
The app’s connection with Hupan Lending Technology Inc. and its official registration add to its reliability and trustworthiness.
Requirements
Full name
The requirement for providing your full name on the Suki Loan app is essential for verifying your identity. This ensures that the loan is being applied for by the correct individual and helps prevent fraud.
Your full legal name, as it appears on your official documents, will be used to match against other personal information you provide and to process your loan application accurately.
Personal photo
The requirement for a personal photo on the Suki Loan app helps in verifying your identity. By uploading a clear photo of yourself, the app can confirm that the person applying for the loan matches the identity on your submitted documents. This step is crucial for preventing fraud and ensuring that the loan is issued to the correct individual.
Bank account
Providing your bank account number is necessary for receiving the borrowed money. Once your loan is approved, the funds will be transferred directly to this account.
This requirement ensures that the loan money is deposited securely and accurately into your account, allowing you to access the funds quickly.
Valid ID
A valid government ID is required to verify your identity and confirm that you are a Philippine citizen. This ID helps Suki Loan ensure that the loan is being granted to a legitimate and eligible applicant.
Acceptable IDs typically include a National ID, driver’s license, or passport. This requirement helps prevent fraud and ensures compliance with local regulations.