PeraSure Says No Payslip. So What Counts as Stable Income?

PeraSure's October launch has a pitch that gig workers will recognise: you can apply for credit without a payslip. That's appealing when one week's earnings look nothing like the next. But scroll down its own website and another phrase appears: “stable monthly income.”

So what does “stable” mean when your work doesn't come with a fixed salary?

On 14 October 2026, Context.ph reported the company's launch announcement (https://context.ph/2026/10/14/perasure-launches-digital-lending-platform-for-gig-informal-workers/). PeraSure, operated by Sulit Lending Corporation, said it wanted to serve freelancers and informal workers using a government ID and basic income details, with a revolving line of credit for approved users. That's the company's description of the product, not evidence of how many applicants actually qualify.

The current PeraSure website (https://www.perasure.ph/) promises no payslips, HR letters or printed bank statements. Its FAQ says the product is for Philippine residents aged 18–60, with a valid government-issued ID and stable monthly income. The website doesn't explain how it would judge income from irregular jobs, or whether a run of slow weeks changes the decision.

Those details matter. No payslip describes paperwork you may not need to upload. It doesn't erase an income assessment. And the company's Terms of Service (https://www.perasure.ph/terms) reserve the right to request additional information for verification. That's not proof it asks gig workers for payslips after all; it is a reminder that the public headline doesn't describe every possible verification step.

Then there's the price. The launch report quotes PeraSure saying interest starts at 0.10% a day. The current website advertises a daily rate below 0.3% and terms of 91–180 days. Those are different marketing descriptions, not proof of a price violation or a guaranteed personal rate. The website says the APR and total cost are shown before a loan is confirmed.

Here's the part worth checking in the actual offer: PeraSure's Terms say the separate Loan Agreement and Loan Disclosure Statement determine the principal, interest, service fees, penalties and repayment schedule. A daily rate in an announcement cannot tell you by itself how much cash you'll receive or the full amount you'll owe. BorrowTalk has not independently seen an approved in-app offer, so we cannot quote someone's final rate or fee breakdown.

The SEC's recorded online lending platform list dated 29 September 2026 (https://www.sec.gov.ph/lending-companies-and-financing-companies-2/list-of-recorded-online-lending-platforms) lists PeraSure under Sulit Lending Corporation. That helps identify the disclosed operator. It doesn't certify the exact terms of an individual loan or mean every applicant will be approved.

A useful question for PeraSure is straightforward: If I don't have a payslip and my earnings fluctuate, what income details will you accept—and what total repayment amount will appear before I agree?

Removing the payslip may make applying easier. The income test and the bill still deserve a proper look.