The Skyro app allows you to borrow money online and pay it back with your e-wallet, bank account, or over-the-counter:
- From 1.5% to 7% interest rate, which is lower than online lending.
- You can borrow up to $250,000 for a period of five years.
- Installment periods of 6, 9, or 12 months are available.
- A single ID is all that is needed.
Online cash loans can be applied for in just a few minutes and the money is credited to your e-wallet (GCash, Maya, GrabPay, Coins.ph, OmniPay, or Starpay) or bank account (BDO, BPI, Metrobank, Philippine National Bank, etc.).
Neither we nor third parties have access to the personal information of our customers.
In order to apply, you must:
- An 18-70-year-old Filipino citizen;
- The opportunity to meet with our representatives in Metro Manila and selected provinces (Batangas, Bulacan, Rizal, Cavite, Laguna, Cebu);
- Having a Philippine mobile number and a smartphone is a must.
Origination fees are 16.6% of the approved loan amount (or $5,000, whichever is lower). We will add the fees on top of the approved loan amount rather than subtracting them. As a result, you'll receive the full approved loan amount and pay off the fees over time. As an example, if you received approval for 50,000, the origination fee would be $8,300. Due to the fact that it is higher than $5,000, it is subject to a $5,000 origination fee. It is estimated that $55,000 will be due in total.
You can apply for a loan from the comfort of your home or at one of our over-the-counter partners.
Banks with online services:
- BDO
- BPI
- Land Bank
- Metrobank
- RCBC
- UnionBank
E-wallets:
- Coins.ph
- GCash
- GrabPay
- Maya
OTC (over-the-counter):
- 7-Eleven
- Bayad Center
- CLiQQ
- Cebuana
- DA5
- ECPay
- eTap
- ExpressPay
- M Lhuillier
- Palawan Pawnshop
- Posible
- The SM Store
- TrueMoney
The transaction fee for paying via e-wallet or over-the-counter is $25. When paying via online banks, the transaction fee is ₱25 plus an extra fee ranging from ₱10 to ₱25. There is currently no transaction fee when paying with BPI, BDO, or UnionBank; only an additional fee is charged.
The minimum repayment period is six months.
Repayment period is 12 months.
The maximum Annual Percentage Rate (APR) we offer is 119%
An example of the loan's total cost is as follows:
- The total loan amount is $15,000.
- A 12-month installment plan is available
- A monthly payment of $1,963 is due
- The origination fee is $2490,00
- The monthly interest rate is 4,9%
- The total interest amount is 6,006
- In total, there are 23,556 dollars due
AFS, Inc. is registered with the Securities and Exchange Commission. Registration number: 2022080063542-00. Financial company license number: F-22-0029-37.
Securities and Exchange Commission certification is held by Jungle Lending, Inc. Registration No.: CS202002223. Lending company license No.: 3249.
Advanced Finance Solutions, Inc. and Jungle Lending, Inc. are affiliate companies operating under the same brand name, SKYRO.
2023 Advanced Finance Solutions, Inc.
For more information, contact us:
+63 919 170 0717
+632 8540 3337
