Table of contents
| Name of Organization | CASHALO |
| Full Name of Organization | cashalo |
| Hotline | (02) 775-9288 |
cashalo - Product Features
| Min. financing amount | 1000 php |
|---|---|
| Max. financing amount | 10000 php |
| Max. financing amount | 30 days |
| Loan tenure | 1% |
| Approval duration | Average time from 2 to 12 hours |
Fees & Charges
| Debt consolidation | Information on debt consolidation is not listed on the site. You need to contact representatives of the organization through any source and clarify |
|---|---|
| Processing fee | One-time fee is not charged when making a loan |
| Stamp duty | Stamp duty is not provided in the organization |
| Annual fee | Annual fee ranges from 180% to 365% depending on the percentage under which you borrowed |
| Other fees | Other fees are not listed on the site. However, when applying for a loan, you can include insurance or any other services. For more information, you need to consult with representatives of the organization. |
Penalties
| Early settlement | Early debt settlement does not charge you extra fees. For more information contact the credit organization. |
|---|---|
| Late payment charges | 6% of overdue amount |
| Other penalties | Not provided |
Additional Requirements
| Need to bind a bank account | No |
|---|---|
| Other details | Payment on the loan occurs through a bank card |
IS CASHALO LEGIT?
Cashalo is a popular lending company in the Philippines. It has been operational for a few years and has helped many people get the money they need.
However, Cashalo is not without its share of criticisms. Some people say that it is a scam, while others claim that its loans are too expensive. So, is Cashalo legit?
Well, to answer that question, you need to look at both sides of the argument. On the one hand, Cashalo has helped many people get the money they need. It also has a fairly good reputation online.
On the other hand, some people say that its loans are too expensive. And, given that it is a lending company, there is always the risk of getting scammed.
Best offers
Overall, it seems that Cashalo is a legit company. However, you should always be careful when borrowing money, especially from a lending company.
How to take a loan in CASHALO?
If you’re looking to take a loan from CASHALO, here are the steps you need to follow:
- 1. Go to the Cashalo website and create an account.
- 2. Fill out the information required and hit “Submit”.
- 3. Once your account is approved, you can apply for a loan.
- 4. Click on “Loan Application” and fill out the form.
- 5. Hit “Submit” and wait for a response from CASHALO.
- 6. If your loan is approved, you will need to provide some documents for verification.
- 7. After verification, your loan will be deposited into your account.
Additional conditions for granting loans
Cashalo has certain conditions for granting loans. These include:
- 1. You must be a Filipino citizen or resident of the Philippines.
- 2. You must be at least 18 years old.
- 3. You must have a valid ID and bank account.
- 4. You must have a good credit history.
- 5. You must be employed or have a steady source of income.
- 6. You must be able to repay the loan in full within the stipulated time period.
Reasons for a loan denial
Cashalo may deny a loan application for a variety of reasons, including:
- 1. You do not meet the eligibility criteria.
- 2. You have a poor credit history.
- 3. You do not have a steady source of income.
- 4. You are unable to repay the loan in full within the stipulated time period.
Can CASHALO give you another loan?
Yes, Cashalo may give you another loan if you meet the eligibility criteria and your loan application is approved.
Will the amount of the next loan be increased?
Cashalo may increase the amount of the next loan, depending on your eligibility and credit history.
If I am approved for a loan, when will the money show up in my account?
Cashalo will deposit the money into your account as soon as possible.
How much does CASHALO charge in interest and fees?
Cashalo charges an interest rate of 2.5% per month, as well as a one-time fee of 5% of the loan amount.
ADVANTAGES of CASHALO
Cashalo is a popular lending company in the Philippines. It has been operational for a few years and has helped many people get the money they need.
Here are some of the advantages of using Cashalo:
- 1. Quick and easy application process.
- 2. Fast loan approval.
- 3. No collateral required.
- 4. Flexible payment terms.
- 5. Low interest rates.
DISADVANTAGES of CASHALO
Some of the disadvantages of using Cashalo include:
- 1. High interest rates.
- 2. One-time fee of 5% of the loan amount.
- 3. Loans are not available to everyone.
- 4. You must have a good credit history.
Contacts of CASHALO
If you need to contact Cashalo, here are the details you need:
- Website: https://www.cashalo.com/
- Email: support@cashalo.com
- Phone Number: (02) 775-9288
How to take a loan in CASHALO?
- Fill in the application for a loan.
- Confirm the offer. The offer is signed by an SMS code sent to your Get the solution instantly!
- Transfer money to a bank account or card in one day!
Additional conditions for granting loans:
- the whole process through the Internet, without leaving home;
- for Filipino citizens who have reached the age of 21 (majority);
- the presence of a permanent registration in the territory of the Philippines;
Reasons for a loan denial:
- Poor credit score
- You are blacklisted, on debt review or had a judgement against your name
- You don’t have enough income for the loan you requestedd
- Poor track record of credit card or loan repayments
Managing structure CASHALO
I know everything about the Philippines financial market because I have been working in the financial sector for more than five years.