Apply for a loan today
— The process is quick, professional and completely discreet —
Follow these three simple steps:
Apply for a loan simply by completing the form below and clicking Submit, or phone us at 71 388 088. The more information you give us about the asset you want to use as collateral, the better. Once you’ve submitted the form, we’ll get back to you with an initial indication of the loan we can offer you.
The next step is to make an appointment to meet us at one of our offices. We’ll perform an appraisal of the asset you want to use as collateral and make a final loan offer, which you’re free to accept or reject.
To conclude the loan agreement, we’ll ask you to sign the loan contract and provide a copy of your ID and proof of residence. We’ll then immediately make an electronic funds transfer for the agreed loan amount into your account, while you’re still in our offices. We’ll also arrange for secure storage of your valuables for the term of the loan.
Interest is payable monthly and the short-term loan is repayable at the end of the agreed loan term. Once the interest and loan have been repaid, we’ll return your valuables in the same condition as when they arrived with us.
Simply complete and submit the application form, providing as much detail as possible about the item(s) you want to use as collateral for a loan. Once you’ve done this, we’ll contact you and arrange a convenient time to appraise the asset, conclude a loan agreement and transfer funds to you.
Apply now
APR & Loan period
Fixed rates range from 36% to 60% APR and payment options range from minimum 3 to maximum 24 months.
Collection
All payments are made via EFT or direct deposits into Lamna’s bank account. There are no debit orders.
Renewals
Loans are not renewed automatically. Loans are renewed by agreement on the same terms as the original loan.
Non-payment
Non-payment will result in the ownership of the borrower’s pledged asset being transferred to the lender with no further impact on the borrower (including fees and credit bureaux).
Illustrative example
Client borrows P10,000 for 90 days.
| Loan Amount | Repayment Terms | Monthly Repayment | Total Repayment | Initiation Fee | Monthly Fee (Interest + Service charge) | APR |
|---|---|---|---|---|---|---|
| P10,000 | 3 months | P560 | P12,370 | P1,000 | P560 | 60% |