Terms of Service

Welcome to PEC Lending. By applying for a loan, using our website, or communicating with us, you agree to the following Terms of Service. Please read carefully.

About PEC Lending

PEC Lending is a private lending company providing small personal loans, group loans, and business loans to qualified borrowers in Pampanga and nearby areas.

Eligibility

To apply for a loan, you must:

Be at least 18 years old
Be a resident of the Philippines
Provide valid and truthful information
Meet our internal credit assessment requirements

We reserve the right to approve or deny any application based on our policies.

Loan Application

By applying, you agree that:

All information you provide is true and complete
You authorize PEC Lending to verify your details
Loan approval is not guaranteed
Loan amounts and rates may vary on your credit profile and loan history.

Fees, Rates & Repayment

You will receive a Loan Agreement showing your exact interest rate, fees, due dates, and total repayment amount.
You must pay on or before the due date.
Late payments may result in additional charges.
Failure to repay may result in collection actions.

Borrower Responsibilities

You agree to:

Provide accurate information
Notify us of any changes (contact number, address, employment)
Use the borrowed funds responsibly
Pay on time
Avoid fraudulent or misleading actions

PEC Lending Responsibilities

We will:

Review your application fairly
Disclose all loan details clearly
Protect your data according to RA 10173 (Data Privacy Act)
Provide customer support and assistance
Treat all borrowers with respect

Acceptable Use of Our Website

You agree not to:

Submit false information
Pretend to be someone else
Attempt to hack, disrupt, or misuse the website
Use PEC Lending for illegal or fraudulent purposes

Privacy

All personal data collected will be handled under our Privacy Policy, which follows the Data Privacy Act of 2012 (RA 10173).
Please read the full policy on our website.