Every loan app on ClearLoan PH receives a risk score from 0 to 100. The score is calculated from 7 objective factors — not popularity, advertising spend, or affiliate relationships. This page explains exactly how each point is earned or lost, so you can understand why one app scores 81 and another scores 55.
Best in class. SEC registered, transparent APR, fair fees, no complaint history.
Generally safe but check specific fees or speed limitations carefully.
Multiple risk flags. Proceed with extreme caution and compare alternatives.
Do not apply. SEC violations, confirmed illegal practices, or blacklisted status.
Each factor is weighted based on its impact on borrower safety. The total adds up to 100 points.
Is the lender legally registered and currently in good standing with the Philippine Securities and Exchange Commission? Apps that are blacklisted, suspended, or unverifiable receive an automatic zero for this factor.
Fully registered, no active advisory
Not found in SEC database or under active investigation
Does the app clearly show the annual percentage rate (APR) before you apply? Many apps advertise "0.5% per day" to hide the real cost. We convert all rates to annualized APR and check whether the app discloses it upfront.
APR clearly disclosed on app store listing or website before sign-up
Daily or weekly rates only, APR buried in fine print or not disclosed
We check for processing fees, service charges, disbursement fees, rollover fees, and any other costs that inflate the real cost of borrowing. A single undisclosed fee can add 20–50% to the true cost.
All fees listed clearly before signing
Hidden fees discovered only after approval or disbursement
Under SEC Memorandum Circular No. 18 s. 2019, Philippine lending apps are prohibited from harassing borrowers or contacting anyone not listed as a reference. We track SEC advisories and consumer complaints to detect violation patterns.
Zero harassment complaints, no SEC MC-18 violations
Active harassment reports, contact-spamming references, public shaming tactics
Late payment penalties can snowball fast. We evaluate whether late fees are reasonable, whether the app provides a grace period, and whether rollovers are encouraged to trap borrowers in debt cycles.
Flat penalty with grace period, no rollover incentives
Daily compound penalties, rollover fees that double the debt
Illegal lending apps often demand access to your contacts, photos, and messages to use as leverage for collection. We check the app's required permissions against the National Privacy Commission guidelines and SEC rules.
Minimal permissions — camera, ID scan only
Demands contacts access, media access, location tracking at all times
We monitor Google Play reviews, App Store reviews, BSP consumer assistance reports, and social media complaint threads. High complaint volume combined with unresolved issues lowers the risk score.
Low complaint rate, responsive customer support
Hundreds of unresolved complaints, no customer service contact
| App | Risk Score | Label | SEC Status | APR | Review |
|---|---|---|---|---|---|
| Tonik Bank | 81/100 | Low Risk | ✓ Registered | 26.4% | View → |
| UnionBank Quick | 78/100 | Moderate Risk | ✓ Registered | 22% | View → |
| CIMB REVI | 76/100 | Moderate Risk | ✓ Registered | 24% | View → |
| Maya GLoan | 74/100 | Moderate Risk | ✓ Registered | 29.2% | View → |
| BillEase | 72/100 | Moderate Risk | ✓ Registered | 36% | View → |
| GCash GLoan | 68/100 | Moderate Risk | ✓ Registered | 32.8% | View → |
| Cashalo | 65/100 | Moderate Risk | ✓ Registered | 43.2% | View → |
| Tala Philippines | 71/100 | Moderate Risk | ✓ Registered | 15% | View → |
| RFC (Radiowealth) | 75/100 | Moderate Risk | ✓ Registered | 28.8% | View → |
| RCBC Personal Loan | 79/100 | Moderate Risk | ✓ Registered | 18.6% | View → |
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