Quick Loans Online

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Quick Loans Online Loan Review

QLO (Quick Loans Online) offers a comprehensive salary loan solution that caters to the immediate financial needs of employees in the Philippines. By partnering with QLO, companies can provide their employees with fast cash loan, enhancing their financial security and peace of mind. This service is offered at zero cost to the company, making it an attractive additional benefit for employees. Whether it's for acquiring the latest gadgets or making life at home more comfortable with upgrades, QLO's salary loan is easy to avail through a simple online application process.

4.5

What our customer says about Quick Loans Online

Hear from delighted customers who've found success with Quick Loans Online

Trustworthiness
User Experience
Customer Support
Product/Service Range
Transparency
Innovation

What is Quick Loans Online?

Employees can easily and effectively obtain cash when they need them most by using QLO's salary loan services. Employees may reach their financial goals stress-free thanks to the speedy approval procedure and flexible payment periods. Additionally, by providing financial stability and showcasing the company's dedication to its workers' welfare, this service raises staff morale. QLO provides a simple solution that helps the business and its employees.

Information About Quick Loans Online

Loan amount: QLO offers cash loans ranging from a minimum of PHP 1,000 to a maximum of PHP 8,000

Interest rate: 3.5% per month

Loan tenure: Borrowers can choose from a loan tenure of 30 to 365 days.

Fast Approval duration: The entire process, from submitting your application to receiving cash in your bank account, takes 1 to 2 business days.

Application Requirements

  • Must be a full time employee with a QLO partner company for at least 6 months
  • Must 18 to 64 years old
  • Must have no pending resignation, retirement or separation
  • Should not be under any disciplinary action
  • At least 1 government-issued ID
  • Company ID or COE
  • 2 latest pay slips
  • 3 specimen signatures on white background

How to Increase QLO Approved Amount

If you have a history of making payments on your initial QLO loan on or before your due date, you might be eligible for a greater loan amount with a lower interest rate on subsequent applications.

Is QLO Legit?

Yes. QLO is legit. It is under Mr. Angel Credit Corp with SEC registration number CS201424334. However, it is always recommended to always do proper research before committing to a contract by visiting their website or reading articles like this review to answer all of your questions.

Advantages of Quick Loans Online

Quick Loans Online offers quick approvals, flexible payment terms, and zero costs for employers—streamlining financial solutions for employees. By promoting financial well-being, QLO helps boost workplace morale and supports a healthier, more productive workforce.

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Quick Approvals

After your loan application is approved by your employer's human resources department, you can anticipate a quick approval process that usually takes 1-2 banking days to complete. You can get the funds you require fast thanks to this quick turnaround, which makes it simpler to handle your financial requirements without needless delays.

Flexible Payment Terms

Choosing payment terms that match financial goals ensures that your QLO loan payback falls within your budget, eliminating financial hardship. This flexibility lets you better manage your cash flow, helping you meet your other financial obligations and achieve your long-term goals.

Zero Cost for Companies

Employee satisfaction and financial well-being improve with this benefit, providing a more favorable workplace. Best of all, it's free, allowing the corporation to spend in employee wellbeing while staying within budget.

Enhanced Employee Well-being

Financial security can improve employees' quality of life and morale, motivating and engaging them.

Conclusion

Quick Loans Online (QLO) is a great resource for firms looking to support their staff financially without adding costs. QLO boosts employee morale and financial stability by providing fast salary loans, flexible payment alternatives, and a simple application process. This relationship motivates and retains employees, showing that investing in their financial wellness benefits both individuals and organizations.

4.9

What our customer says about Quick Loans Online

Hear from delighted customers who've found success with Quick Loans Online

Trustworthiness
4
User Experience
4.5
Customer Support
5
Product/Service Range
4.6
Transparency
3.9
Innovation
4.2
4.3

4.4

4.1

Frequently asked questions

How can an employee apply for a QLO salary loan?

Your company must first be an accredited partner of QLO and you must be enrolled in the system. Once enrolled, the employee may apply for a salary loan through QLO online or through the mobile app.

Is there a processing fee when availing of a salary loan?

Yes, there is a processing fee, which will be deducted from the loan proceeds to be received by the employee-borrower. Processing fee will depend on the industry and market trends. QLO offers one of the lowest processing fees in the market.

How can my company partner with QLO?


To become a QLO partner, a company must be duly registered with the DTI or SEC and have at least 200 regular employees. Required documents include certificates of registration, articles of incorporation, financial statements, and authorized representative information.

Does QLO partner with companies outside Metro Manila?


Yes, QLO partners with companies that have offices and employees located outside Metro Manila, extending its services nationwide.

What is Quick Loans Online (QLO), and how does it operate?


QLO is a salary loan facility that partners with companies to provide employees with quick access to cash for urgent financial needs. It operates cost-free and risk-free for partner companies, enhancing employee benefits without additional expenses.

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