Loan Calculator

Our quick and easy loan calculator will determine and compute your estimated monthly payments based on the type of loan you chose

Repayment

Monthly

Estimated Payment

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* Monthly payments are only estimates and may vary based on loan term. Insurance and other fees not included.

Why choose Collateral Loans?

Affordable Interest Rate

Longer Loan Term

Higher Loan Amount

Higher Chance of Approval

Frequently Asked Questions

How can we help you?

Application and Approval ?

How do I apply for a loan?

You may visit https://lap.rfc.com.ph/ and fill out the online application form. It’s Easy! You may contact the following numbers so one of our account executives can assist you.
Smart: +63 961-136-1160 | +63 919-914-9306​

Am I eligible to apply?

You are eligible if you meet the following requirements:

  • You should be a Filipino citizen not lower than eighteen (18) years of age
  • Residency of at least two (2) years, except if you are a new home owner
  • Good character and reputation
  • A source of income. If employed, you should have been connected with your current employer for at least one (1) year with a minimum basic monthly salary of Php 18,000. If you are a professional or self-employed, you should have been in the same profession or the same business for at least two (2) years, and your business should have been operational for at least two (2) continuous years with profitable operations.

What are the requirements in applying for a loan?

It depends on the kind of loan product you will avail. The interest rates and processing time also vary depending on the type of product that you apply for.

The basic requirements are the following:

  • 2 valid government ID’s (if employed, pls include company ID)
  • Proof of Billing
  • Proof of Income (1-month payslip)
  • Residential, Business, or Employment Address Map
  • Certificate of Employment
  • Business Barangay/ Business/ DTI Permit (for business owners)

How will I know if my loan is approved?

You will receive updates via SMS or our RFC representative will call to inform you if your application is already approved. He/she will also request to complete the required documentation and will share instructions on how you can claim your loan.

I am interested in renewing my loan but I still have an outstanding loan. Do I first need to pay off my loan before applying for another one?

There is no need to pay off your loan. You can renew your loan if you have already paid at least fifty percent (50%) of your loan.

How do I renew loan?

You may contact the following numbers so one our account executives can assist and check your eligibility.

Send an email at customercare@rfc.com.ph with a subject of RENEW MY LOAN or call us with the following numbers:

Smart: +63 961-136-1160 | +63 919-914-9306

For renewal, would I be required to submit the same documents?

You may be required to prepare updated documents so we can also update details of your account with us.

Do I get higher chances of my loan amount getting approved if this is a renewal?

Generally, yes. You may have a higher chance of getting your new loan approved and even a higher loan amount, especially if you have good credit standing with us.

Would the procedure for applying be the same for renewal loans?

Considering that this is a loan renewal, the procedure will be much shorter. It is possible that we will request updated documents from you if applicable.

Fees and Repayments ?

Is there an application fee?

No. Loan Applications done online are FREE and RFC application forms from branches are NOT FOR SALE. There will be charges for processing and notarial fees ONCE YOUR LOAN HAS BEEN APPROVED.

I have a problem with my payments. What do I do?

Send an email at customercare@rfc.com.ph or you may contact the following numbers so one of our account executives can assist you.

Smart: +63 961-136-1160 | +63 919-914-9306​

How will I pay my amortization?

You can easily settle your monthly payments through our payment partners. Visit this link to check our partners and fees. rfc.com.ph/partners

Note: Post-dated Checks (PDC) are required for loans amounting to PHP100,000 and above. Upon the release of your loan, you may issue PDCs as a form of security of payment to us.

Do I get a refund if I will pay my loan account through acceleration?

You may get a refund.

Send an email at customercare@rfc.com.ph or you may contact the following numbers so one our account executives can assist you.

Smart: +63 961-136-1160 | +63 919-914-9306​