Review of Juanhand Loan App: Legitimacy, Features, Interest Rates, and How to Apply

This review provides an in-depth analysis of the Juanhand loan app, focusing on its legitimacy, features, interest rates, and application process. We aim to offer a professional and detailed assessment of this financial platform to assist potential borrowers in making informed decisions.

Features of Juanhand Loan App

  • Juanhand Review: 4/5 stars
  • Application Process: Guide to Applying Online with Juanhand App
  • Loan Amount: 1000 – 15,000 Pesos
  • Eligibility Criteria: Age 18 – 60 years old
  • Loan Term: 30 – 90 days
  • Interest Rate: 1.5% per month
  • Requirements: National ID
  • Complaints: None reported
  • Juanhand App Download APK:
  • Hotline Contact Number: +632 8888 8888
  • Harassment: Reported via phone and email
  • SEC Registered: Yes

What is Juanhand Loan?

Juanhand is a financial technology platform offering online cash loans in the Philippines. Developed by WeFund Lending Corp., one of the country’s leading fintech companies, Juanhand has been operating legally since its launch in 2018. The platform provides loans up to 15,000 pesos with repayment periods of up to 3 months.

Pros of Juanhand App: Based on reviews, Juanhand lending offers several advantages

  • Convenient online loan support available anytime, anywhere
  • Simplified registration process
  • Fast approval and same-day disbursement
  • Multiple payment methods for borrower convenience
  • Secure and confidential handling of borrower information
  • No face-to-face meetings or collateral requirements

Cons of Juanhand Loan App: While Juanhand offers numerous benefits, it also has some drawbacks to consider

  • Limited maximum loan amount of 15,000 pesos
  • Short repayment period, maximum of 3 months
  • Higher interest rates compared to traditional bank loans
  • Additional service fees may apply

Juanhand Interest Rate

The platform offers competitive interest rates, typically lower than many other online loan applications in the Philippine market. Interest rates vary based on customer profiles and loan amounts but do not exceed 20% per annum. Additional service fees of approximately 10% to 20% of the loan amount may apply.

Example of Juanhand Loan Calculator

For instance, a first loan of 2,500 pesos for 1 month at a 15% monthly interest rate would result in 375 pesos in interest, making the total repayment amount 2,875 pesos.

Juanhand Loan Requirements

Juanhand provides online financial assistance to Filipino citizens with stable incomes and valid identification. Accepted ID types include SSS ID, PRC ID, GSIS ID, and more.

Guide to Register with Juanhand Loan App Step-by-Step: The application process involves

  • Downloading the Juanhand app
  • Creating a login account
  • Choosing a loan limit
  • Providing personal information
  • Submitting ID verification
  • Selecting a disbursement method
  • Receiving approval and disbursement

FAQs – Juanhand App Website

Here are some commonly asked questions about the Juanhand loan app:

  1. Is the Juanhand loan app legitimate? The JuanHand app is a product of WeFund Lending Corp., a reputable online money lending service established in 2019. WeFund Lending Corp. is a well-known player in the fintech industry, legally operating in the Philippines and registered with the Securities and Exchange Commission (SEC) under SEC Registration Number CS201825672.
  2. Is Juanhand registered with the SEC? Yes, Juanhand is registered with the Securities and Exchange Commission (SEC) under SEC Registration Number CS201825672, holding Certificate of Authority No. 2844. This ensures that Juanhand operates within legal boundaries, providing transparent and trustworthy services to its customers, eliminating concerns about unauthorized or illegitimate lending practices.
  3. How can I apply for a loan through Juanhand? To apply for a loan through Juanhand, simply download the Juanhand app on your phone, register with your phone number and create a password. Complete the registration process by providing necessary personal information and selecting your preferred disbursement method. Submit the required documents and await approval.
  4. Is Juanhand still operational in 2024? Yes, Juanhand continues to operate successfully in 2024, maintaining its position as a leading financial technology platform in the Philippines. With nearly 5.8 million app downloads, over 4 million successful loans, and almost 1.8 million active loans, Juanhand remains a trusted choice for online lending services.
  5. How can I repay my Juanhand loan through GCash? Repaying your Juanhand loan through GCash is easy:
    • Log in to your GCash account and select “Pay Bills.”
    • Choose “Loans” and then select “Dragon Loans.”
    • Fill in the necessary loan information such as reference number, contact number, amount, and email.
    • Confirm the payment to complete the transaction successfully.
  6. How can I repay my Juanhand loan at 7-Eleven? Repaying your Juanhand loan at 7-Eleven can be done by following these steps:
    • Visit the nearest 7-Eleven branch and locate the Cliqq payment screen.
    • Select “Pay Bills,” then navigate to “Loans” and choose “Dragon Loans.”
    • Fill in your loan details.
    • Confirm the payment and hand over the payment slip along with the cash to the cashier to complete the transaction.
  7. How do I delete my Juanhand account? If you wish to delete your Juanhand account, follow these steps:
    • Log in to your Juanhand account.
    • Go to the Settings section.
    • Select “Remove Account” and confirm the deletion.
    • Optionally, provide feedback on the reason for deleting your account.
  8. How can I pay my Juanhand loan using BDO? You can make online payments for your Juanhand loan through BDO e-banking application:
    • Log in to your Juanhand account and navigate to the loan payment section.
    • Select “Pay through BDO” and enter the phone number registered with BDO online.
    • Receive an SMS from BDO with a link to pay your Juanhand loan.
    • Log in to BDO online, enter the payment information, and confirm the transaction to complete the payment process.
  9. Which is better, Tala or Juanhand? Both Tala and Juanhand are reputable online money lending apps, offering loans without collateral or proof of income. They are licensed by the Securities and Exchange Commission, operate transparently, and provide fast approval processes. Customers can trust either platform based on their individual preferences and requirements.
5/5 - (5 votes)