TALA Personal Loan

Attend to your simple goals or immediate needs that won’t require a huge amount of money through Tala Cash Loan with loan amounts as low as ₱1,000 to ₱15,000. Compared to other personal loans, you have more freedom to choose how to go about your loan and repayment scheme as listed below:

• Loan amount - you have the option to borrow a lower amount instead of loaning the approved amount in full
• Loan terms - you get to pick your repayment date (1 to 60 days) and method (full payment of installment)

As soon as you’re done with repayments, you can borrow again through the app without going through the entire application process. Pay on time or earlier to increase your chances of getting a higher loan amount.

Here are some of the loan purposes commonly used to get a Tala Cash Loan:

• Baby on the way - Pregnancy duration is predictable but everything else in between isn’t and these events might affect your goal of saving before your little one arrives. Get a Tala Cash Loan to address your baby’s needs.
• Medical emergencies - Nothing spells immediate money as much as a medical emergency. With Tala Cash Loan, it’s easy to get fast cash with an application process that only takes minutes through the app, followed by an instant decision.
• Additional income - There are months when payday seems light years away. But life goes on and you need to tend to your family’s basic needs. Get a Tala Cash Loan to help you until your next salary.

Before applying for a loan, you need to meet the following Tala Cash Loan eligibility criteria:

• 18 years old and above
• Filipino citizen

• Loan amount: ₱1,000 to ₱15,000

  Loan terms: 1 to 60 days

  Monthly effective interest rate: 14.74.% to 15%, depending on the loan term; a one-time charge

  Late payment penalty fee: 5% of the total outstanding balance and a one-time charge

  Minimal requirements: No collateral fee, pre-termination fee, and processing fees