What are the installment terms and add-on interest rates for Quick Loan?​

Hi luv! Check out the installment terms and add-on interest rates for Quick Loan below.​​​

Term6912
Add on rate4.26%4.18%4.20%

 

Hope this helps! XOXO

Can I re-avail a Quick Loan if I repay my previous loan early?

Good question, luv!

Early or full settlement of your Quick Loan won't guarantee approval of your re-application. It would still depend on our analysis of your information and the payment history of your previous loan with us. If satisfactory, you can apply for another loan a day after fully paying off your previous one. Thanks for understanding, luv!

XOXO

I received a call from Tonik after I got my QL proceeds. Is this legit?

Hi there, luv! Stay cool. We just want to say hello to tell you more about your Quick Loan and confirm some details after you get your loan proceeds.

Be sure to keep your phone ready! We'll send you a text before calling. If you're not able to answer, we'll try again cause we're patient like that. XOXO

I changed my mind halfway through my QL application! Can I reset everything?

Yes you can, luv!

Feel free to cancel your Quick Loan application by clicking on the door icon at the top right corner of your screen. Heads up, this will erase all the information you've previously entered and you can only do this before you get to the Terms and Conditions screen.

Don't worry if you've already passed the Terms and Conditions screen or if you've already been approved! Just wait for a few weeks and we'll automatically reset everything for you.

XOXO

Can I fully pay the loaned Quick Loan amount within two weeks from the cash disbursement? How much shall I pay?

Hi there, luv!

Yes, you can settle in full through our self-service early full settlement feature through the app's Loans Dashboard or just advise our Customer Care hotline at +63253222645, and we will notify you of the outstanding amount you have to pay to settle your existing Quick Loan. 

XOXO

Can I pre-terminate my Quick Loan? (Early full settlement)

Good question, luv!

There are two ways you can pre-terminate your Quick Loan:

1. You can settle your Quick Loan on your own in full by going to your Loans Dashboard and tapping on the "I want to close the loan" button. Take note that you'll need to have enough balance to pay it off in full. If not, we'll ask you to top-up your Tonik Account first.

2. You can always advise our Customer Care hotline at +63253222645 and we will notify you of the amount to be paid to close your existing Loan.

Hope this helps! XOXO

Can I do advanced partial payments to my Quick Loan?

Hi there, luv! Partial repayment isn't available right now, but if you would like to repay your Quick Loan early and in full, you may use the self-service early full settlement feature through the app's Loans Dashboard or even contact our Customer Care team through in-app chat for assistance. XOXO

I received a call from Tonik after I applied for my Quick Loan. Is this legit?

Stay cool, luv.

If you've received a call from our representatives, good news! We just want to say hello to tell you more about your loan and verify your documents before we disburse right into your Tonik Account. Be sure to keep your phone ready! We'll send you a text before calling. If you're not able to answer, we'll try again cause we're patient like that.

XOXO

How to avail of a Quick Loan if I am an OFW?

Hi there, luv! Quick Loan is only available for Filipinos currently living and working in the Philippines. Don’t worry, we’ll have more loan products available in the future. XOXO