If you are planning to borrow money from the EasyPeso loan app, you may be wondering if it’s legit or a scam. As of 2026, EasyPeso has been under public and regulatory scrutiny due to numerous harassment complaints and data privacy issues, even though it claims to be SEC-registered. This review provides updated and factual information to help you decide whether EasyPeso is safe to use.
What is EasyPeso Loan App?
EasyPeso is an online cash loan application available in the Philippines, offering quick personal loans to users with minimal requirements. It promotes itself as a convenient way to get instant funds directly to your bank or e-wallet account — no paperwork or collateral needed.
Key Loan Details:
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Loan amount: ₱2,000 – ₱30,000
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Loan term: 91 to 180 days
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Service Fee: 0.5% – 9%
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Monthly EIR: 15.00%
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Maximum Annual Percentage Rate (APR): 180%
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Late fee: one-time fee of 5% of the loan amount
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Repayment options: E-wallets, banks, and 7-Eleven payment centers
The application process is fast — borrowers only need a valid ID and basic personal information. However, while EasyPeso promotes “instant approval,” many users reported that the actual process includes verification delays and unclear deductions.
Is EasyPeso Legit or a Scam?
From a technical standpoint, EasyPeso claims to be a legitimate lending company. According to its Google Play store listing, it is developed by Creditable Lending Corporation and claims company registration number CS201817516 and Certificate of Authority Number 3218. This means the company has been granted authorization to operate as a lending business in the Philippines.
However, being SEC-registered does not always guarantee fair lending practices. Multiple users have filed complaints about harassment, unfair collection behavior, and data misuse. In mid-2026, the Securities and Exchange Commission (SEC) confirmed that it had filed cases against several online lending apps, including EasyPeso, for violating data privacy and collection rules.
In short, EasyPeso is legit but controversial — it is registered but has faced numerous customer issues and regulatory investigations.
EasyPeso Harassment Complaints & Customer Experiences
Many borrowers have voiced their experiences online, claiming they were harassed by collection agents or received insulting and threatening messages after missing payments by even a single day.
Common Complaints Reported by Users:
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Harassment: Aggressive debt collectors calling repeatedly or messaging contacts.
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Data Privacy Violations: Personal contact lists allegedly accessed without consent.
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High Interest Charges: Actual repayment amounts much higher than initially stated.
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System Glitches: App “under maintenance” during repayment attempts, leading to penalties.
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Unresponsive Customer Service: Long delays or no feedback on refund or correction requests.
Victims are encouraged to report these issues to the Securities and Exchange Commission (SEC) or the National Privacy Commission (NPC), which handle complaints against abusive lending platforms.
How to Apply for an EasyPeso Loan
Despite the risks, EasyPeso remains downloadable on both Android and iOS platforms. Here’s how the application process generally works:
Step-by-Step Application:
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Download & Register: Install the EasyPeso app and sign up using your phone number or email.
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Submit Requirements: Upload one valid government-issued ID and complete personal details.
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Wait for Approval: Evaluation typically takes 24 hours or less.
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Receive Funds: Once approved, money is transferred to your chosen bank or e-wallet.
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Repayment: Pay via e-wallet or bank before the due date to avoid penalties or harassment.
Loan Requirements:
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Valid ID (UMID, Driver’s License, Passport, or PhilID)
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Active mobile number
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Bank account or e-wallet
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Proof of income (optional but can increase approval chances)
EasyPeso Contact Details & Customer Service
If you need to reach EasyPeso customer support, here are the contact details typically provided within the app:
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Email address: support@easypeso.ph
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Customer hotline: (02) 8899-8734
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Office address: Pasig City, Metro Manila
Be aware that customer service has received mixed reviews — some users reported slow responses, especially regarding harassment or account deletion requests.
How to Delete EasyPeso Account Safely
To protect your privacy, it’s advisable to delete your account once you’ve fully repaid your loan.
Steps to Delete Your EasyPeso Account:
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Clear any remaining loan balance.
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Email EasyPeso customer service requesting account deletion.
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Ask for written confirmation that your personal data will be erased in compliance with the Data Privacy Act of 2012.
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Avoid sharing unnecessary information or clicking external links during this process.
Final Verdict: Should You Use EasyPeso in 2026?
EasyPeso operates legally but has a history of harassment complaints and data privacy violations. While the app offers fast cash loans and convenience, borrowers must be extremely cautious.
Pros:
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Quick approval and disbursement
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Simple online process
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Available 24/7
Cons:
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Aggressive collection practices
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High interest and unclear fees
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Data privacy concerns
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Mixed customer service performance
If you urgently need money and can repay on time, EasyPeso might serve as a short-term option. However, if you value transparency, privacy, and peace of mind, it’s safer to look for other licensed lending apps with clean reputations and verified SEC compliance.
Nicholas Bloom is a renowned British economist and professor at Stanford University, best known for his groundbreaking research on management practices, remote work, and productivity. His studies have significantly influenced how organizations adapt to modern work environments. Bloom has collaborated with leading institutions worldwide and frequently contributes insights on economic growth, innovation, and workplace dynamics, making him one of the most respected voices in contemporary economic research.
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