Easycash - Loan and Review. Lender in Quezon City


Логотип компании Easycash

First loan for free

Rating of organization: 3/5, total votes 522.

More info about Easycash Lending Company, Inc.

Name of Organization Easycash
Full Name of Organization Easycash Lending Company, Inc.
Hotline 63 927 352 7000

Easycash Lending Company, Inc. - Product Features

Min. financing amount 5000 php
Max. financing amount 20000 php
Max. financing amount 6 days
Loan tenure 2%
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.


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

Easycash is a microfinance organization in the Philippines that provides loans to private persons and small businesses. The head office of Easycash is located in Manila. The company offers three types of loans to its customers : a business loan, a a seaman loan, and a personal loan for consumer purposes: shopping, travel, and entertainment. Each type of loan has its own conditions and requirements for documents.

Thus, business loans are provided to companies for the payment of salaries and for the purchase of equipment or inventory, as well as for settlements with counterparties. The minimum loan size is 200 thousand pesos, the maximum is 1 million pesos, ans it is issued for a period of up to 6 months. It can be taken by citizens of the Philippines who are not older than 55; their business must be registered within the country and must have the necessary licenses. The company’s activities must be legal, the minimum asset value of the company must be 1 million pesos, and the business must be profitable for two years.
In order to conclude a loan agreement, an applicant should provide a loan offer, a document, confirming the net asset value, the company’s financial statements for the previous two years, and a bank statement for the last 12 months. The interest rate on a loan ranges, depending on the business state.
One of the essential conditions for a business loan formalization is the presence of a co-borrower. it can be the applicant’s business partner or a closest relative, provided that he or she is solvent and has a permanent source of income. In addition, in order to get additional funds, the applicant may provide Easycash with a real estate or a car as a mortgage. Money is transferred to the borrower’s account within 3-4 days from the moment of the loan approval.
A consumer loan can be obtained by citizens of the Philippines from 21 to 49 years old, with a permanent job and a monthly income of at least 10 thousand pesos. It is issued for a period of up to two months, and its maximum amount is 10 thousand pesos. The loan interest rate is 24-25% if the loan is issued for one month, and reaches 50% if the loan is issued for two months. It order to get a loan, a citizen must provide his or her photograph, one of the three main identity papers with signature samples (passport, license, UMID Unified Multi-Purpose ID), taxpayer identification number (TIN), postal ID, police and National Investigations Bureau of the Philippines certificates, confirming that the applicant is not a debtor. In addition, it is necessary to provide the last bill paid by the applicant (for water, electricity, etc.), the electronic signature and the characteristics from 5 people: three from the members of the applicant’s family, another two from his/her friends or colleagues.
In order to obtain a seaman loan, the Philippine citizen must provide Easycash with a labour contract stamped by the Philippine Overseas Employment Administration (POEA), a certificate of employment abroad approved by the POEA, a seaman’s certificate of registration, a passport and the last proof of bills payment. The co-borrower presence is also required in order the loan to be issued. It can be the close seaman’s relative or an authorized representative, having a regular income. The co-borrower must provide one of two national identity cards, social security data (Social Security System, Social Security Number), a driving licence, a passport, TIN, UMID, the Philippine Professional Regulation Commission (PRC) certificate. In order to get a loan, he/she must give a consent to share the loan burden with the applicant.

Best offers

Easycash was registered in 2010 by the Philippine Securities and Exchange Commission, the license number is 640.

How to take a loan in Easycash?

  • 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

Address - 9th Floor Times Plaza Building, Ermita, Maynila, 1000 Kalakhang Maynila

Managing structure Easycash

Founder - Unknown
Co-owner - Unknown
Hi, Im !
I know everything about the Philippines financial market because I have been working in the financial sector for more than five years.

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