SAVii is a subsidiary of New Cross Credit and Financing Gate PH, Inc., a registered financial institution with Certificate of Authority No. 1288. To apply for a loan, simply visit their website and fill out the form. The loan is intended for personal and emergency needs, and approval is based on the employee’s salary. If you have a high enough salary, you can also avail of a small business loan.
SAVii (formerly known as Uploan PH) was created in 2017 with the goal of providing financial empowerment to over 400,000 employees in the Philippines. The start-up aims to provide a safe and affordable formal lending solution, which addresses the increasing financial demands of employees and their families. As a start-up, SAVii is a great alternative to payday loan sharks and other online lending platforms.
SAVii is a fully registered organization in the Philippines. It is also regulated by the relevant local authorities, which means that it passes all necessary inspections. Thus, customers can rest assured that the company will provide the funds for their bank accounts. Once the approval is received, they are required to wait for their paycheck to be deducted to their bank accounts. Nonetheless, they are assured of receiving their money in a short time.
Another way to make a fast loan application is to download the SAVii smartphone app. This allows you to apply for the amount you need without having to face the hassle of standing in line at the bank. Furthermore, you can get the money within a few minutes of filling out a short form. Moreover, SAVii offers 24 hour service. Hence, it’s possible to avail of an instant loan.
SAVii, formerly known as Uploan, offers financial services to employees of more than 100 Filipino companies. Its mission is to help companies provide financial wellness for their employees by offering competitive loans, mental health support, financial education, and emergency insurance. Using payroll deduction, SAVii helps more than 100 partner employers in the Philippines. These companies will automatically deduct the loan amount from employees’ paychecks, ensuring that repayments don’t exceed 25% of their income.
In the Philippines, Savii operates through a fintech platform, with no physical branches. It aims to relieve financial stress of employees by integrating their loan product into payroll and invoicing systems. The company also acquaints employees with terms and conditions of financial services by providing them with printed materials that explain the terms and conditions of the loans. Its offices are located in Makati. To apply, individuals must have a company ID.
The repayment of a SAVii loan can be paid through salary deduction or any other method listed on the website. Repayments are not permitted if the borrower leaves the company. A high approval rate is a plus for SAVii. The company’s website is available 24 hours a day, and reviews are generally positive. In the Philippines, SAVii loans are a good option for those who have bad credit history.
When it comes to microlending in the Philippines, you may wonder if SAVii is safe. However, this company has been in the industry for many years and has established a solid reputation. Whether you need a quick loan or a more lengthy one, you can trust that SAVii can provide you with the funds you need. To ensure that your money is safe, you should choose a company registered with the Securities and Exchange Commission (SEC).
If you are concerned about the safety of your information, you can always use an online service. Savii is a registered organization and have undergone all the necessary inspections. They are also registered in the Philippines. If you have any questions or concerns, you can simply fill out a feedback form and wait for a decision. You’ll have access to the funds you need within 24 hours.
In the Philippines, over 90% of working Filipinos prefer to access financial products through salary deduction. In fact, when the fintech industry first began, forty percent of employees did not have this option, and as of 2022, only three percent of active loans were bank-issued. Many workers were forced to look for a quick loan from a predatory lender, which often caused more pain than help. However, thanks to Savii, now employees can apply for a loan through their employer with a click of a mouse.
Savii provides a variety of services to clients in the Philippines. Its online feedback form lets clients describe their problems and leave their phone number and email address. A member of the customer support team will respond within 48 hours. In addition to customer service, SAVii also offers online chat support. Interested customers can also call or email the customer service team to find out more about the services and rates offered by SAVii.
If you’re a small business owner, you might want to take a look at SAVii vs other micro lending platforms in the Philippines. The micro lending business is growing in the Philippines, but it’s important to choose a company that is registered with the Securities and Exchange Commission, or SEC. The SEC is the governing body in the country, and this means that SAVii is registered with the SEC.
One of the advantages of SAVii is that the site is similar to a job board, wherein borrowers post their needs and lenders fund them. It’s worth noting that it doesn’t appear to check borrowers’ backgrounds before providing a loan. Nonetheless, its PH-section contains several loan requests made by fellow Pinoys. The mission of SAVii is to “change lives.”
Applying does NOT affect your credit score!
No credit check to apply.