#skyro

Over the past few years, options like Home Credit, BillEase, and Skyro have made it easier for Filipinos to buy now and pay later. Skyro, on the other hand, offers the highest loan amount, from PHP 5,000 up to PHP 250,000. Skyro is the go-to for large loans for sure, while BillEase is suitable for smaller, short-term financing. Skyro has the widest range, charging between 1.5% to 7% per month. For example, borrowing PHP 30,000 through Skyro could cost nearly PHP 5,000 in processing fees alone, before even counting the interest. Skyro is available in select areas, but the process often requires meeting with a representative or going through additional steps. Skyro is somewhat more hands-on, but not necessarily in a convenient way. For high-ticket purchases and don’t mind the paperwork or higher fees: Skyro may work if you need a bigger loan and can manage larger monthly payments within 6 to 12 months. Read more in our articles including "Study Now, Pay Later: Get that gadget you deserve with these 3 hulugan apps" and "Skyro's Robust 2023 Sets Stage for Triple Growth in 2024, Expanding Financial Services for Filipinos".