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Online Cash Loan with Cashalo Philippines

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Cash Loans Terms in Cashalo Philippines

Amount
1000...10000 PHP
Term
15...45 days
Rate
0.33 %
Application processing speed
1 hour
Payout rate
24 hours
Schedule
24 hours a day
Extension
Allowed
License
CSC201800209
Official employment
Necessarily
Age years
18-75
Get a Loan

Cashalo Philippines Company Data:

Number 1162
Financing Company Name Paloo Financing Inc
City/Municipality Taguig City
Province Metro Manila

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Questions – Answers

What are the requirements to the borrower?

The applicant must provide personal and work documents: government-issued ID, proof of billing, work ID, latest payslip, bank account information.

How does the borrower get the money?

While application process, borrower specifies bank account information. The funds will come to that account.

What is the interest rate, is it high?

The interest rate is very low, compared with other lending companies. Monthly interest equals just 6,95%. Thus, amortization is small.

Who can use Cashalo?

All Filipinos above 18 years old of any profession with a stable income can become clients of Cashalo.

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Cashalo

Cashalo is a smart way of borrowing money. When half of life is going on online, it’s time to use this opportunity for making unpleasant processes easier and quicker. Borrowing money was an uncomfortable routine before Cashalo. Now, you can download Cashalo App from the AppStore or Google Play and enjoy the advantages of online lending.

Cashalo Advantages

Facts and benefits of Cashalo

  • Application is available for Android and IPhone
  • Download of the app is free and quick
  • Application process takes about 5 minutes
  • Available loans from P1000 to P10000
  • Terms of loans – 15-45 days
  • High technological assessment of the application form allows quick money disbursement. From one hour cash loan to 24 hours.
  • Affordable interest rates compared with other lenders 0,3316% per day
  • Client’s information is safely stored and is never disclosed to third parties
  • Transparent lending routine guarantees no hidden penalties, no hidden fees and no rollovers
  • Loan amount increase with successful repayment of previous personal loans

Cashalo Explanation

What does pre-approval in Cashalo mean?

In Cashalo, the client can create his profile and learn his maximum approved amount of a future loan. The customer receives the result of his quick cash loan application via SMS during 24 hours. The pre-approved loan is valid during 90 days.

What happens in case of repayment delay?

Late payment fees can be applied in case of repayment failure. It is recommended to be on time or even a little ahead of repayment schedule.