Peramoo Loan App Review Philippines: Legit or Harassment Complaints?

If you’re asking, “Is Peramoo Loan App legit or a scam in the Philippines?”, the short answer is: it appears to be a real lending app, but there are multiple red flags and harassment complaints that demand caution. This review dives into its SEC registration status, user experiences (especially complaints about harassment), login and payment processes, legitimacy, and whether it’s safe to use in 2026.

Introduction

In recent years, a surge of online micro-lending or “cash loan” apps in the Philippines has drawn both desperate borrowers and fraud warnings. Among them is Peramoo (or PeraMoo) loan app. Many users wonder: is Peramoo legit? Is it SEC registered? Are there harassment or collection abuses? In this article, I’ll present a detailed, balanced, and evidence-based review of Peramoo lending app—its features, user complaints, regulatory status, and safety tips.

What Is Peramoo (PeraMoo)?

Overview, App Download & Loan Terms

Peramoo (sometimes stylized as PeraMoo) claims to operate under Magician of Money Lending Corp. in the Philippines. The app is listed on Google Play with a “PeraMoo – online peso cash” profile.
According to the listing, the app supports loans from ₱2,000 up to ₱100,000, with terms from 91 days to 360 days.
Interest rates, service fees, and APRs vary by user risk profile—reported service fees range from 5% to 15%.

The app’s version is 1.2.0, with an APK size around 4.86 MB for Android and compatibility with Android 5.0+.

Login, Requirements & Customer Support

To use Peramoo, users generally must register with their mobile phone number, provide personal details, and submit ID or income proof.
The listed email support contact is permoo.cs@gmail.com, and a contact number is 09656427825 (or similar) per app page.
The app’s website claims “SEC Company Registration: NO.CS201918391 / Certificate of Authority: NO.3157”.

Is Peramoo SEC Registered / Valid License?

A critical factor in assessing the legitimacy of a lending app in the Philippines is its registration with the Securities and Exchange Commission (SEC) or relevant regulatory authorities.

• The Peramoo app listing claims an SEC registration number CS201918391 and Certificate of Authority 3157.

• However, I was unable to conclusively verify through independent SEC or government registry sources whether that registration is active and valid as of now.

• Also, “SEC registration” for a company does not necessarily mean consumer lending compliance or oversight of collection practices or harassment.

Because registration claims can be faked or misused, such claims are a necessary but not sufficient indicator of legitimacy. Users should always cross-check with official government databases or consumer protection bodies.

Given the opacity, the SEC registration claim should be treated cautiously—not as proof of full regulatory safety.

User Complaints & Harassment Allegations

One of the most concerning aspects of Peramoo is the number of user complaints about harassment, extortion, or aggressive collection tactics. Below are key themes drawn from user feedback (e.g. via app reviews, Reddit, discussion forums):

Common Harassment / Collection Claims

1. Excessive interest or hidden charges
   Some users report that after taking small loans, the app’s calculated repayments balloon due to high interest and service fees. One reviewer wrote:

   “I loan 2500 … after 3 days the total amount is 3570. … DO NOT TRY THIS APP HARASSMENT … HIGH INTEREST RATE HIDDEN CHARGE’S NOT RECOMMENDED APP”

2. Pressure to repay early
   Some borrowers say the app pushes or forces repayment earlier than promised, increasing the effective cost.

3. Harassment via phone or threats to contact contacts
   A repeated complaint in many lending app scandals: lenders or agents threaten to embarrass borrowers by contacting relatives or friends if payments are overdue. While I found no verified legal records against Peramoo, the reviews and discussion forums warn of such behavior.

4. Poor or nonresponsive customer service
   Certain users say when they attempt to escalate disputes (e.g. via email or in the app), they get no meaningful resolution.

Given these, it is quite plausible that there are victims of harassment, though I could not independently verify formal complaints filed with authorities. But the volume and pattern of negative reviews are alarming enough to caution readers.

Legitimacy: Scam or Risky but Real?

Given the mixed signals, where does Peramoo land?

Arguments for legitimacy / real app:

• The app is listed on official stores (Google Play) with app metadata, downloads, versioning, and some developer disclosure.

• The app claims a valid SEC registration number and certificate of authority.

• Some users may successfully complete loans and repayments, suggesting at least partial functionality.

Arguments that it is high risk or semi-scamish:

• The regulatory status is unverified; claims may be false or misleading.

• The harassment and hidden fee complaints are consistent enough to raise serious doubts about ethical practices.

• If it is acting more like a predatory lender than a fully regulated financial service, users may be exposed to harm.

• In the Philippines, several lending apps have had their licenses revoked or been flagged by authorities for aggressive collection or usury.

Therefore, I would characterize Peramoo as a risky, semi-legitimate but potentially predatory app — it is not obviously a simple scam (i.e. one that disappears with your money), but its trustworthiness is far from secure.

How to Check & Use Safely (If You Must)

If someone still decides to use Peramoo or a similar lending app, here are safety tips and checks:

Due Diligence Steps

• Verify SEC registration independently — check the official SEC Philippines registry by company name or registration number.

• Check for complaints via the Department of Trade and Industry (DTI), Bangko Sentral ng Pilipinas (BSP), or the SEC (for lending apps).

• Read terms carefully — especially the APR, service fees, penalty rates, and repayment schedule.

• Start with a small loan — test the process first before borrowing large amounts.

• Keep records — screenshots of login, loan offer, repayment terms, communication with support.

• Avoid granting too many permissions in the app (like permission to your contacts, files, etc.).

• Use official app stores for downloads — avoid unverified APK sources, which may be phishing or fake clones.

When Harassment Occurs

• Do not respond aggressively; record conversations (if legal in your jurisdiction).

• Report the app to SEC, DTI, or local consumer protection agency.

• If threats are made to contact your family or acquaintances, that may be a violation under the Anti-Phone Harassment Act (in the Philippines) or privacy laws.

• Switch your SIM or block numbers if harassment persists.

Payment, Repayment & App Usage

Payment / Repayment Method

Peramoo reportedly allows repayment via online transfers or partner channels; details vary by user.
Because payment and posting may have delays, always double-check that your payment is recorded in the app.

Login & Security

Using the app requires login with a mobile number. Ensure your phone is secure (no jailbroken or rooted device) to minimize risks of data interception.
Change passwords and avoid using the same credentials elsewhere.

Current Status & Revocation Risks

In many jurisdictions, lending apps may have their licenses revoked if found noncompliant. While I did not find published evidence that Peramoo has been revoked (as of 2026), that does not guarantee safety. Users should monitor regulatory news, watch for advisories from the BSP or SEC, and avoid overexposure.

Given the fast-changing landscape, even legit apps today may become problematic if oversight fails or they violate consumer rules.

Verdict & Recommendations

• Legit or not?
  Peramoo appears to be a real, functioning lending app, but its legitimacy is in the “tentative, high risk” zone due to unverifiable regulatory status and many user complaints.

• Harassment complaints?
  Yes — multiple users report harassment, hidden fees, and aggressive collection. These complaints should not be dismissed.

• Safe online loan?
  It is not guaranteed safe. Treat Peramoo much like a high-risk lender. Only use small sums, verify credentials, and be ready to take action if abuse occurs.

• Use only if no better alternative exists, and even then only after due diligence. For safer options, consider regulated banks or well-known fintech lenders with clear transparency, good reputations, and oversight.

Sample FAQ (brief)

Q: What is the interest rate?
A: The app claims APRs ranging widely, with service fees 5% to 15% plus interest.

Q: Can you download for iOS?
A: The iOS version is less well documented; Android is clearly available via APK / Google Play.

Q: Is there a Reddit thread on Peramoo harassment?
A: I did not find a strong Reddit thread specifically for Peramoo, but similar lending apps frequently attract threads about harassment and scams.

Q: What’s the best proof of licensing?
A: A registration in an official government database (SEC, BSP, etc.) that matches the company name, number, and status.

Nicholas Bloom

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.