Table of contents
| Name of Organization | MADALI LOAN |
| Full Name of Organization | Quark Financing CORP. |
| Hotline | 09059122012 |
Quark Financing CORP. - Product Features
| Min. financing amount | 3000 php |
|---|---|
| Max. financing amount | 20000 php |
| Max. financing amount | 180 days |
| Loan tenure | 0,08% |
| 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 Binixo MADALI?
Yes, Binixo is MADALI. We offer easy and fast loans with no collateral required. You can get a loan of up to PHP50,000 in just minutes!
How to take a loan in MADALI?
- Go to the MADALI website and click on the “Apply Now” button.
- Fill out the loan application form with your personal information.
- Click on the “Submit” button.
- Review the loan terms and conditions and click on the “Accept” button.
- Click on the “Submit” button.
- The loan will be processed and you will receive a notification email once it is approved.
Best offers
Loan parameters in MADALI
Problem: You need money for an emergency but don’t want to go through the hassle of getting a loan from a bank.
Agitate: Traditional banks can be slow and require a lot of paperwork. Plus, you might not even be approved for a loan.
Solution: MADALI is here to help. We offer easy and fast loans with no collateral required. You can get a loan of up to PHP50,000 in just minutes!
How to take a loan in MADALI?
- Go to the MADALI website and click on the “Apply Now” button.
- Fill out the loan application form with your personal information.
- Click on the “Submit” button.
- Review the loan terms and conditions and click on the “Accept” button.
- Click on the “Submit” button.
- The loan will be processed and you will receive a notification email once it is approved
Example of calculating interest and loan payments
When you take out a loan with MADALI, you will be charged an annual interest rate of 2.5%. This interest rate is calculated on a daily basis, so you will be charged 0.0083% interest each day.
The loan amount is PHP10,000 and the repayment term is 12 months. This means that you will need to pay back PHP1,041.11 each month.
If you are late on a payment, you will be charged a late payment fee of 5%. This means that you will need to pay back PHP1,106.56 each month.
Additional conditions for granting loans
In order to be eligible for a loan with MADALI, you must meet the following requirements:
- You must be at least 18 years old.
- You must be a Filipino citizen or a resident of the Philippines.
- You must have a valid government-issued ID.
- You must have a bank account that is in good standing.
Reasons for a loan denial
There are several reasons why you might be denied a loan with MADALI. Some of the most common reasons are:
- You do not meet the eligibility requirements.
- You have a poor credit history.
- You do not have a bank account in good standing.
Will the amount of the next loan be increased?
There is no set rule on how much the amount of your next loan will be. It will depend on a variety of factors, such as your credit history and your ability to repay the loan.
If I am approved for a loan, when will the money show up in my account?
If you are approved for a loan, the money will show up in your account within 24 hours.
How much does MADALI charge in interest and fees?
MADALI charges an annual interest rate of 2.5%. This interest rate is calculated on a daily basis, so you will be charged 0.0083% interest each day. The loan amount is PHP10,000 and the repayment term is 12 months. This means that you will need to pay back PHP1,041.11 each month. If you are late on a payment, you will be charged a late payment fee of 5%. This means that you will need to pay back PHP1,106.56 each month.
Contacts of MADALI
The contact information for MADALI is as follows:
- MADALI Philippines
- Unit 806, 8th Floor, The Tower at Pico,
- Shaw Boulevard, Mandaluyong City
- Email: help@madali.ph
- Phone: (02) 631-9001
How to take a loan in MADALI LOAN ?
- 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 MADALI LOAN
I know everything about the Philippines financial market because I have been working in the financial sector for more than five years.