Why apply for a Collateral Loan?
Low Rates, High Approval: Get the Funds You Need with a Sangla OR and CR.
Home Renovation
Invest in your property by using the loan for renovations, repairs, or upgrades.
Business Expansion
Use the funds to invest in your business, whether it's for inventory, equipment, or other growth opportunities.
Emergency Expenses
Cover unexpected costs.
Achieve Financial Freedom with Sangla OR & CR
Make Your Goals Happen with Sangla OR & CR
How it Works
APPLY ONLINE
Download our mobile app or sign in to our website to register and fill in all the necessary information.
CREDIT ASSESSMENT
We validate your information, conduct a phone interview, unit inspection/review, and handle document submission via online channels.
GET YOUR MONEY
Get your loan check at our office from Monday to Friday.
MAKE REPAYMENT
Make sure to fund your issued post-dated checks before the due date.
Loan Features
| Loan Amount | ₱30,000 to ₱150,000 |
| Payment Terms | 3 to 12 months |
| Interest Rate | 4% per month |
| Processing Fee | 5% of Loan Amount |
| Maximum Annual Percentage Rate (APR) | 54.40% |
| Payment Option | Post-dated check (PDC) |
Eligibility
- Filipino, 21 - 59 years old
- At least ₱20,000.00 monthly net income for employed applicants and ₱30,000 for self-employed
- Permanent/regular employee or self-employed for 1 year
Requirements
- Two (2) Valid IDs (Driver's License, Company ID, Passport, SSS/GSIS, UMID, TIN, PRC, Postal ID)
- Proof of Billing (Electricity or Water)
- Original OR and CR
- Proof of Income
- Business Owner: Record of Sales - Latest 3 Months
- Employed Individual: Latest 2 Months Payslips and Certificate of Employment with Compensation
- *Additional requirements may be requested during the application.
Please make sure that you have read and understood the Terms of Use and the Privacy Policy. Before confirming your loan application, make sure that you have read and agreed to the Disclosure Statement during the loan application process, including the terms and conditions of the loan agreement as per R.A. No. 3765 or the “Truth In Lending Act.
Benefits
Sangla OR and CR give quick access to funds you need without surrendering your vehicle as collateral
Sangla OR and CR give quick access to funds you need without surrendering your vehicle as collateral
High loanable amount
The loanable amount is 30,000 - 150,000
Low-interest fee
The monthly interest is 4% per month
Your car stays with you
No surrendering of vehicle. Just submit your original OR and CR
FAQS
You have questions. We have answers.
Vidalia Lending Collateral Loan welcomes applications from employed individuals and business owners with a vehicle owned outright.
The requirements for a Collateral Loan application are the following:
- Latest proof of billing of residence (Electric or Water)
- Photos of collateral vehicle
- 2 Valid ID (Driver's License and Passport, Company ID, SSS/GSIS, UMID, TIN, PRC, Postal ID)
- Vehicle OR and CR
Repaying your loan with Vidalia Lending is simple and convenient. You can make repayments using post-dated checks (PDC) or via GCash. Please note that the mode of payment (MOP) may vary depending on your specific loan product. Ensure your chosen account is funded before the due date to avoid any issues.