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Why should I pay on time?

Paying your loan on time or before the due date will make you a responsible borrower, with benefits such as the following:

  • You will develop a good credit history, which enables you to borrow again (even from other financial institutions like banks) and at lower costs
  • You can be granted a higher loan amount the next time you re-apply for a loan
  • No additional fees or interest
  • No collection reminders or SMS notifications about the due payment
  • Avoid calls and notices from third-party collection agency
  • Avoid possible legal actions
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pera247 Lending Corporation is a duly registered lending company under SEC (SEC Registration No.: CS201734339 with Certificate of Authority No.: 2582)