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Late Fees and Limits on Loan Apps: What Is Actually Published

Contents

Late fees on loan apps split the market in two. Half of it publishes exact ladders and caps — Home Credit's penalty table, the 5%-monthly and 100%-total ceilings that Cashalo attributes to SEC Memorandum Circular No. 14 of 2025, Kviku's BSP-capped 5% a month. The other half says nothing at all, which means you cannot budget for a missed date. This page keeps the published numbers in one table, names the silent ones, and explains the two caps that bound everything. Checked September 16, 2026.

The known caps: 5% monthly penalty, total charges ≤100% of principal (SEC MC 14, as published by Cashalo) · The known ladder: Home Credit's, from ₱300 to 40% termination · The rest: silence.

The published table of late fees

Lender Late terms published
Home Credit ₱300 at 5 days; ₱700 at 30; ₱1,000 at 60; termination at 90 days adds 40% of principal; +2% per 120 days up to 270; attorney's fee ₱5,000 (updated October 2025)
Cashalo 5% per month on overdue amount; total charges never exceed 100% of borrowed (newsroom, citing SEC MC 14 of 2025, effective April 1, 2026)
Kviku Late fees "capped by BSP regulation at 5% per month of the overdue amount", no compounding claimed (frontend)
MoneyCat, JuanHand, VPlus, Happy Cash, Moca Moca, PesoLoan, BillEase, HoneyLoan No late-fee figures on any official page we checked

What the caps mean in pesos

The two published bounds translate directly. A ₱10,000 loan that goes overdue: 5% a month is ₱500 for the first missed month, and the 100% total-cost ceiling stops total charges at ₱10,000 however long the arrears run. The BSP-framed 5% monthly cap that Kviku declares works the same way on its loans. These are lender-published declarations of regulator rules. Verify your own contract against them, and treat any charge that outruns the caps as evidence worth documenting.

Home Credit's ladder is the only full escalation we can print. Its architecture: modest penalties (₱300 at 5 days) escalate to a termination clause at 90 days that adds 40% of outstanding principal. The cheapest line on that ladder remains the ₱300 due-date change. Moving a date beats missing one everywhere in our guides.

The silent half of the cost

For MoneyCat, JuanHand, VPlus, Happy Cash, Moca Moca, PesoLoan, BillEase, and HoneyLoan, no late-fee figure appears on any official page we checked. Silence is not an exemption: where caps apply, they apply anyway, and the undisclosed difference between the cap and the published price is exactly the gap our fee checklist teaches you to photograph. Ask inside the app before borrowing, get the answer in writing, and screenshot it.

Frequently asked questions

What is the maximum late fee a loan app can charge?

Where disclosed: 5% per month of the overdue amount, with total charges capped at 100% of what you borrowed — published by Cashalo under SEC Memorandum Circular No. 14 of 2025, and in the same spirit by Kviku under BSP rules.

Which loan apps publish their late fees?

Home Credit prints the fullest ladder. Cashalo and Kviku publish the caps. The rest of our tracked apps, including MoneyCat, JuanHand, and VPlus, publish no figures — verified across official pages on September 16, 2026.

How fast do late fees grow?

On the only full published ladder, they reach ₱1,000 by day 60 and 40% of principal by day 90. Under the 5%-monthly cap, a ₱10,000 arrears adds ₱500 a month, bounded by the 100% total-cost ceiling.

The bottom line for borrowers

Two numbers bound the market where they are disclosed: 5% monthly, 100% total. One ladder shows the escalation in full. For the silent half, your disclosure screen is the only source, so photograph it before you accept. The sequence for a missed date is in what happens if you can't repay, and every number here was checked against official sources on September 16, 2026.

Sources used for this review