Is The Tala Loan App Legit?
The Tala loan app is indeed legit! It’s operated by Tala Financing Philippines Inc., a licensed financing company registered with the Securities and Exchange Commission (SEC) with a registration number CS201710582 and Certificate of Authority number 1132.
Tala has served over 7 million customers worldwide and practices ethical business policies, securing your personal data with industry-leading encryption standards. They also have a strong presence in several countries, including Kenya, Mexico, India, and the Philippines.
Key Features
– Instant Access to Credit: Apply and borrow money in minutes
– Flexible Loan Options: Borrow up to ₱25,000 or equivalent in other currencies
– Easy Repayment: Pay bills and transfer money seamlessly within the app
– No Credit Score Required: Tala considers other factors beyond credit scores
However, be cautious of fake Tala pages or scams. Africa Check reported a fake Facebook page impersonating Tala, so ensure you’re using the official app or website.
Conclusion
Overall, Tala seems to be a legitimate and trustworthy loan app, but always remember to review terms and conditions carefully and borrow responsibly.