Peramoo

If you are looking for an online loan app in the Philippines, Peramoo is one of the names you may come across. The app is officially called PeraMoo-online peso cash and is operated by Magician of Money Lending Corp.

Peramoo online provides cash loans through its mobile application. The loan amount, repayment period, and other terms may vary depending on the applicant and the conditions set by the platform.

In this peramoo loan app review, we will look at the basic requirements, company registration, loan-related concerns, and debt collection complaints. We will also answer a common question from borrowers: Peramoo legit or not?

Peramoo loan app review

Peramoo is an online cash loan app aimed at borrowers in the Philippines. If you are searching for peramoo loan app legit information, it is important to look beyond the loan offer itself and check who operates the platform, whether the company is registered, and what borrowers have reported about their experience.

Requirements and documents needed to apply for a Peramoo loan

Before applying for a loan through Peramoo, you need to meet a few basic requirements. The documents are also fairly simple and mainly include your personal information and an identification document for identity verification.

• At least 18 years old: Applicants must be 18 years old or above.
• Filipino citizen: Peramoo is intended for Filipino citizens currently living in the Philippines.
• Have a source of income: You should have a job or another source of income that allows you to repay the loan on time.
• Valid government-issued ID: You need at least one valid identification document issued by the Philippine government.
• Active mobile phone number: You need a working mobile phone and an active number to receive verification codes during the application process.

If you already have your valid ID, mobile phone, and active phone number ready, you can proceed with the Peramoo loan application.

Peramoo is sec registered

So, peramoo is sec registered? Peramoo is operated in the Philippines by Magician of Money Lending Corp., which has SEC Registration No. CS201918391. The company also lists Certificate of Authority (CA) No. 3157 and uses the name PeraMoo for its online lending platform (OLP).

Based on the publicly available regulatory information, there is a registered company behind the Peramoo platform and information showing its authority to operate as a lending business in the Philippines.

However, an SEC registration does not automatically mean that every loan term will be favorable to borrowers. Before applying, it is still important to check the interest rate, fees, actual amount received, repayment period, and total amount due.

Peramoo harassment

Another issue that appears in discussions about Peramoo is debt collection. Some borrowers have reported repeated calls and messages when their payments were overdue.

The complaints include:

• Repeated phone calls: Some borrowers report receiving multiple calls reminding them to make payment.
• Pressure through text messages: Some users say they received repeated messages from unfamiliar numbers asking them to pay. Some messages were described as aggressive or threatening.
• Contacting people they know: Some complaints mention references, friends, or other contacts being called or messaged about the borrower’s loan.
• Threats to expose information: Some complaints mention threats to disclose loan or personal information on social media.
• Insults and threats: More serious complaints describe abusive language, insults, or threats during the collection process.

Peramoo harassment reviews

Looking at the Peramoo harassment reviews, the main concern is not simply that borrowers receive payment reminders. The more serious complaints involve the frequency and manner of debt collection, particularly when other people are contacted or borrowers claim that threats or abusive language were used.

These reports should still be treated as individual complaints rather than proof that every Peramoo borrower experiences the same situation. However, they are relevant when considering the overall experience of using the app, especially if there is a possibility that the loan could become overdue.

What to do if you are harassed by Peramoo

If you are receiving repeated calls or messages or are being pressured because your Peramoo loan is overdue, keep the messages and call history instead of deleting them.

You can take the following steps:

• Keep the evidence: Save screenshots, phone numbers, dates, times, and relevant conversations.
• Do not argue over the phone: If someone uses abusive or threatening language, ask them to provide the loan information and communicate through an official channel.
• Protect your personal information: Do not send passwords, OTP codes, or additional personal information simply because someone asks for them by phone or text.
• Contact Peramoo through an official channel: Ask for confirmation of the outstanding balance, payment deadline, and collection details.
• Report serious harassment: If you receive threats, your personal information is exposed, or your family and friends are repeatedly contacted, keep the evidence and consider filing a complaint with the appropriate authorities in the Philippines.
• Verify payment details: Do not transfer money to an unfamiliar account without confirming the payment information with Peramoo.

An overdue loan and harassment are separate issues. A borrower remains responsible for a genuine outstanding debt, but debt collection should not be confused with threats, abuse, or misuse of personal information.

Peramoo legit or not?

Based on the company’s publicly available registration information, Peramoo has a registered company behind its lending platform in the Philippines. This means the question of Peramoo legit or not cannot be answered simply by calling the app an unregistered or anonymous lending service.

At the same time, registration alone does not tell you whether the loan is suitable for your situation. Interest, fees, repayment terms, debt collection practices, and the experiences reported by other borrowers are all worth checking before making a decision.

Final verdict

Based on the available registration information, Peramoo is a legitimate lending app with a registered company behind it in the Philippines. The platform is operated by Magician of Money Lending Corp., which has an SEC registration and Certificate of Authority.

However, being legally registered does not mean the service is suitable for every borrower. The loan terms, interest, fees, repayment period, and debt collection process should all be considered before applying. There are also public complaints about Peramoo harassment, including repeated calls, messages, and other debt collection practices.

So, if you are asking “Peramoo legit or not?”, the available company and SEC records indicate that it is a registered lending platform rather than an anonymous or unregistered loan app. At the same time, borrowers should read the full loan terms carefully and be aware of the complaints surrounding its debt collection practices before taking out a loan.