Vamo

Information about Vamo
Loan Amount: PHP 1,000 – 30,000
Interest rates: 1,3% per day
Approval durations: 24 hours
Loan Application Process Requirements
Age: 20-65
Citizenship and/or residentship: Filipino
Proof of income is needed or not: No proof of income is needed
Documents required: Valid ID
Advantages
No Collateral Required
Like many digital lenders, Vamo usually does not require collateral, making it accessible for a broader range of borrowers.
User-Friendly Interface
The Vamo app or website is designed to be intuitive, making it easy for users to apply for loans and manage their accounts.
Quick Approval
The application process is designed to be fast, often with approval times measured in minutes.
Questions and answers
Vamo aims to simplify the borrowing process, allowing users to apply with minimal paperwork while promoting transparency regarding interest rates and fees. By facilitating timely repayments, borrowers can also build or improve their credit history, making Vamo a convenient option for individuals seeking financial assistance.
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