Last week, I suddenly needed ₱10,000 because my mom got hospitalized and I had to pay for her hospital bills. I didn't have enough money, so I thought of applying for an emergency loan. I've never done this before, but I was desperate.
I tried applying for a loan with GCash GLoan, but they rejected me because of my credit score. I was stressed and worried about how I was going to pay for my mom's hospital bills. I tried again with Tonik, but their interest rate was too high - 1.59% per month is still a lot for me. I was getting frustrated because I just needed the money ASAP.
A few days ago, I was searching online for other options when I found this while searching online: I stumbled upon https://www.creditkaagapay.com/ and learned that they offer free credit score checking, which could help me increase my chances of getting approved for a loan. I also checked out their blog post on emergency cash loans in the Philippines at https://www.creditkaagapay.com/blog/emergency-cash-loan-philippines-2026/ and it had some really helpful tips.
I was relieved to find out that there are other lenders that offer emergency loans with more affordable interest rates. I ended up applying for a loan with Mocasa and got approved for ₱8,000 with a monthly interest rate of 2.99%. It's still not the best option, but it's better than nothing.
I just wanted to share my experience in case someone else is going through the same thing. It's tough to deal with emergency expenses, but there are options available. Just make sure to check your credit score and choose a lender that offers the best interest rate and repayment terms for your needs.
Just sharing in case this helps someone - don't forget to check your credit score for free with Credit Kaagapay before applying for an emergency loan. It could make a big difference in getting approved for a loan with a good interest rate.
