Millions of small business owners, tricycle drivers, market vendors, and everyday earners across the Philippines and Southeast Asia rely on informal "5-6" lenders or online lending apps because they're fast and don't ask for collateral. What most people don't have is an easy, judgment-free way to check whether the rate they're being offered is actually reasonable, or whether they're walking into a debt trap.
utangfree.com exists to close that gap. Enter a loan's amount, payment, and term, and the calculator instantly works out the real annualized rate and gives you a plain-language verdict — favorable, use with caution, or high risk — along with the reasoning behind it, in numbers you can understand. Alongside the calculator, our articles and know-your-rights guides explain the law in plain terms: what lenders can and can't do, how to spot an unregistered lender, and how to protect yourself before you borrow.
Who this is for
Anyone in the Philippines, Indonesia, Vietnam, Thailand, China, or India who's about to take out a loan, or who already has one and wants to understand it better. No finance background required — that's the whole point.
What we are — and aren't
utangfree.com is an independent, free educational tool. We are not a lender, we don't process loans or payments, and we don't sell or broker loans on anyone's behalf. We don't require sign-up, and we don't ask for personal or financial account information to use the calculator. See our Privacy Policy and Terms of Use for details.
Get in touch
Questions, corrections, or feedback are welcome at info@utangfree.com.