← Back to all FAQ topics

What happens if I can't repay my loan?

Defaulting on your loan will affect your general credit standing, and your name will be submitted to credit bureaus as due diligence. We urge you to pay your loan back on time, all the time.

← Back to all FAQ topics
Fast, convenient loans, 24/7
pera247 is a mobile app that offers credit products for honest & hardworking Filipinos. Borrow up to ₱15,000!
Google Play Store button

pera247 Lending Corporation is a duly registered lending company under SEC (SEC Registration No.: CS201734339 with Certificate of Authority No.: 2582)