Moca moca loan app: interest rate, how to apply, is it legit

Moca moca loan is another loan app in Philippines that give instant loan without collateral or credit check, you don’t need to visit any location before you will obtain this loan, with your smart phone you are good to go.

Their loan processing is very fast within one hour of submitting application your loan will be disburse. With moca moca loan app you can obtain up to P10,00 at a go.

Requirements to obtain loan from moca moca loan app

Like many loan app in Philipiness you need to meet up with some requirement before you can apply for this loan, this requirement are


Have bank account

Be above 18 years of age

Reside in Philippines


Have regular source of income

Have smart phone with which to download this loan app

Once you meet up with this requirement, you can go ahead and apply for the loan


How to apply for moca moca loan app

The first step to take is to head over to play store and download the loan app

Register with your name, bvn and other details

You will be ask to bind your ATM card, do so and proceed


Once you are done with registration you will be login to your account

On your dashboard locate and click on loan

There you will see amount of loan you are eligible to obtain


Click it and wait for disbursement

How much you can obtain from moca moca loan app

The maximum loan you can obtain from this loan app is P10,000 but as a first timer you will not be able to obtain up to this the maximum  loan you can obtain is P2,000 until you prove yourself by paying your loan on time.

Moca Moca loan app interest rate and repayment period

Moca Moca loan interest is between 10% to 20% per annum depending on the amount of loan obtain and the repayment period.


The repayment period is between 7 days to 180 days. If you are applying for the first time, your interest rate will be high while your repayment period will short, as you continue to use the app this will improve.

Paying back your moca moca loan

You can pay back your loan through GCash and PayMaya or through the app itself

To payback your loan head over to your dashboard


Click on loan repayment

There you will see deferent option to pay back your loan

Click on one and make payment


Once you make payment it wil reflect on your dashboard

If it does not you should contact them.

What will happen if I default or refuse to pay back

If you default you will be punish by Increase in your loan Interest rate which might be up to 2%.


If you abscond, your name and bank details will be send to appropriate authority for blacklisting which means you will not be able to obtain loan again in India until you pay back and clear your name.

Is moca moca loan app legit

Yes, this loan app is legit, they will surely give you loan, they are license by security exchange commission so you have nothing to fear.

Our final verdict on Moca Moca loan app

Moca Moca loan app is legit, they will surely give you loan. They don’t have good review on play store which is not good.


Their loan processing is very fast, within one hour of submitting application you will be credited.

They are license by security exchange commission, which is good but exercise caution when taking loan from them.


Above is how to obtain loan from moca moca loan app. As you read above the will surely give you loan but do not take more than you can pay back to prevent embarrassment and had I know.


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