PERAMOO loan app review philippines: sec registered? harassment complaints?

If you’re searching for information about the Peramoo loan app and wondering whether it’s legit or a scam, this detailed 2025 review covers everything you need to know. Many Filipino borrowers have used the Peramoo lending app for instant cash loans, but others report issues such as harassment, unfair collection practices, and data privacy violations. Is Peramoo really SEC registered or has its license been revoked? Let’s investigate based on official data, customer reviews, and borrower experiences.

What is the Peramoo Loan App?

Peramoo is an online lending platform in the Philippines that offers cash loans directly through its mobile app. It provides quick approval and same-day disbursement — all without collateral. Borrowers can easily download the Peramoo app from the Google Play Store (Android) or search for the Peramoo APK for manual installation. However, as of 2026, many users report mixed experiences regarding loan terms, privacy, and harassment.

Key loan features include:

• Loan amount: ₱2,000 – ₱100,000 (depending on credit profile)

• Loan tenure: 91 – 360 days

• Interest rate: up to 35% APR

• Requirements: valid government ID (CCCD/CMND equivalent), active phone number, and bank account or e-wallet

While the app promotes “safe online loans,” borrowers should always verify the company’s SEC registration before applying.

Is Peramoo SEC Registered or Revoked?

According to the Securities and Exchange Commission (SEC) Philippines, the lending company Magician Of Money Lending Corp is officially registered under the following credentials:

• SEC Registration Number: CS201918391

• Certificate of Authority Number: 3157

This confirms that Peramoo is a legally registered lender, not an underground loan shark. However, SEC registration doesn’t guarantee that the lender follows ethical collection practices. It only certifies that the business was properly registered at the time of approval. Some SEC-registered apps have later been penalized or revoked for violating collection or data privacy laws.

Borrowers should always check the latest SEC updates or search the SEC revocation list for any changes to Peramoo’s license status in 2026.

Peramoo Harassment Reviews and Complaints

Many Peramoo harassment reviews have surfaced online, especially on Facebook, Reddit, and complaint forums. Users report that after missing a payment, the app’s collectors allegedly contacted family members, employers, or friends — a practice that violates the Data Privacy Act of 2012.

Common Peramoo complaints include:

1. Harassment and threats during collection calls

2. Accessing contacts and photos without consent

3. Unclear interest calculations and hidden charges

4. Short repayment terms (less than promised 91 days)

5. Unresponsive customer service or fake emails

If you experience harassment, you can file a complaint with the National Privacy Commission (NPC) or the SEC Enforcement and Investor Protection Department (EIPD). You can also submit a formal report through Peramoo’s customer service email address (if valid) or directly contact SEC Philippines.

Is Peramoo Legit or a Scam?

Technically, Peramoo is a legit SEC-registered lending app, but its legitimacy in practice depends on how ethically it treats borrowers. Being registered doesn’t exempt it from investigations or penalties if found guilty of harassment or misleading advertising.

Based on real user feedback from Reddit and app review sections:

• Some borrowers confirm receiving loans and successful repayment.

• Others complain about unfair interest rates and abusive follow-ups.

Therefore, Peramoo is legitimate on paper but controversial in practice. If you decide to apply, read the terms carefully and borrow only what you can afford to repay.

How to Apply for a Loan with Peramoo (Tagalog Guide)

Here’s a short Tagalog loan guide for Filipino borrowers:

1. I-download ang Peramoo app sa Play Store o mag-install ng Peramoo APK (Android).

2. Mag-sign up gamit ang iyong mobile number at gumawa ng login account.

3. I-upload ang iyong valid ID at selfie para sa identity verification.

4. Pumili ng loan amount at repayment period.

5. Hintayin ang approval — karaniwang sa loob ng 5–10 minuto.

6. Matatanggap mo ang pera sa iyong bank account o e-wallet (GCash, Maya, v.v.)

Tandaan: Ang mabilis na proseso ay kapalit ng mataas na interest rate. Basahin mabuti ang loan terms bago mag-submit ng application.

Customer Service, Contact, and Payment Details

Customer Support Channels:

• Email Address: Usually listed in the app (check official source)

• Phone Number: Not publicly disclosed; contact through app

• Head Office: Metro Manila, Philippines (based on SEC filing)

Payment Options:

• Online banking or GCash transfer

• Pay via 7-Eleven, Cebuana Lhuillier, or partner payment centers

• Always keep your payment reference number as proof

If you face any dispute, avoid communicating through unofficial social media pages claiming to be Peramoo’s agents — some could be scams.

Safe Alternatives to Peramoo Loan App in the Philippines

If you’re worried about harassment or data misuse, consider these safe online loan apps that are SEC-registered and well-rated:

1. JuanHand – SEC Reg. No. CS201825672 / CA No. 2857

2. Cashalo – SEC Reg. No. CS201734516 / CA No. 2710

3. Tala Philippines – SEC Reg. No. CS201710582 / CA No. 1132

4. UnaCash – SEC Reg. No. CS202003056 / CA No. 1254

These apps have transparent rates, ethical collection, and better customer service, making them safer choices for Filipinos in 2026.

Final Verdict: Should You Use Peramoo Loan App?

The Peramoo loan app is legitimately registered but not without risks. It offers fast loans for emergencies, but borrowers must be cautious about privacy violations, harassment issues, and unclear loan terms.

If you still decide to try Peramoo, borrow small amounts first, monitor your experience, and report any abusive practices immediately. Always prioritize your data privacy and check SEC updates before applying for any cash loan app.

Nicholas Bloom

Nicholas Bloom, professor of Economics at Stanford University, is a leading expert in online lending and digital banking. With over 20 years of experience, he specializes in fintech, risk analytics, and productivity research. A Frisch Medal and Bernácer Prize winner, Bloom blends academic expertise with practical fintech insights to promote responsible lending, data-driven innovation, and global financial policy improvement.