Last month, I suddenly needed ₱5,000 because my laptop decided to die on me, and I'm a freelancer, so I really needed a new one ASAP. I thought I could just get a loan from one of those online lenders, but oh boy, was I wrong. I applied for a loan from one of the popular ones, but they rejected me because my credit score wasn't good enough. I was like, "What credit score? I've never even had a credit card before!"
I tried another lender, and they approved me, but the interest rate was a whopping 20% per month. I was like, "That's robbery!" I didn't know what to do, so I started searching online for other options. I found this while searching online, and I stumbled upon https://www.creditkaagapay.com/, which had some really useful information on loan options in the Philippines. I also checked out this article, https://www.creditkaagapay.com/blog/maya-credit-plus-how-it-affects-loan-access-in-the-philippines/, which talked about this new thing called Maya Credit Plus.
Apparently, it's a new loan product from Maya Bank that offers higher credit limits and lower interest rates for loyal users. I was intrigued, so I downloaded the Maya app and checked it out. I've been using it for a few weeks now, and I have to say, it's been a game-changer. I was able to get a loan of ₱10,000 with an interest rate of 2.5% per month, which is way more manageable than what the other lenders were offering.
I'm not gonna lie, I was really worried and stressed out when I was trying to get a loan. I didn't know what to do, and I was starting to think that I'd never be able to get the money I needed. But now, I'm relieved that I found Maya Credit Plus. It's not perfect, but it's definitely a step in the right direction.
I just wish I had known about it sooner, so I wouldn't have had to go through all the hassle and frustration. But hey, at least I learned something new, and I'm hoping that this can help someone else who's going through the same thing. Just sharing in case this helps someone.
![[01] Building a Personal ALM System — Your Life as a Database Schema](https://media2.dev.to/dynamic/image/width=1200,height=627,fit=cover,gravity=auto,format=auto/https%3A%2F%2Fdev-to-uploads.s3.amazonaws.com%2Fuploads%2Farticles%2Frjjjzyf2bca766kqz3u0.png)
