|Name of Organization||ROBOCASH|
|Full Name of Organization||ROBOCASH FINANCE CORP.|
|Hotline||(02) 876 8484|
ROBOCASH FINANCE CORP. - Product Features
|Min. financing amount||1000 php|
|Max. financing amount||25000 php|
|Max. financing amount||30 days|
|Approval duration||Fastest approval - up to 3 minutes|
Fees & Charges
|Debt consolidation||No, but in some cases it is better to contact your personal manager.|
|Processing fee||Fees are not provided.|
|Stamp duty||Not provided|
|Annual fee||Annual tax is not provided. Interest is calculated daily|
|Other fees||Not provided. However, hidden purchases of additional services are possible.|
|Early settlement||Early debt settlement does not charge you extra fees. For more information contact the credit organization.|
|Late payment charges||up to 10% overpayment|
|Other penalties||No information in open sources|
|Need to bind a bank account||You can link a card or bank account. Some actions are available only in offline points and are not available on the site.|
|Other details||Debt repayment is possible through the website or through offline offices|
Robocash main info
Year of foundation – 2013. Certificate of registration CS201730459. The head office is located in Quezon City, Philippines. Robocash is officially registered in full compliance with Filipino law. Specializes in microcredit.
Loans issued – $ 355.2 million. 5.8 million registered customers. 8.4 million attracted funds. 1482 employees of the company. Subsidiaries in 7 countries: Vietnam, India, Indonesia, Spain, Kazakhstan, Russia, Croatia.
The company focuses on online technology: issuing loans through a telephone or computer, solving questions via e-mail. Getting a loan takes place in 4 stages. Step 1 – creating a personal account, 2 – filling in and checking personal data, 3 – providing information on activities, 4 – sending an application and review.
The company responds to emails within 20-30 minutes. To inform customers using Vatsap, Viber, Skype.
If the client does not have a bank account, he can get a cash loan in the office. In the Philippines, there are 85 off-line offices.
The company does not require the provision of warranty documents, guarantee or pledge. Credit history and borrower rating do not matter. Loans are issued for various purposes, including the unemployed, students, retirees up to 60 years. The robot analyzes 1800 parameters to make a decision on the issuance of a loan.
Documents for loan processing
A microloan issued to citizens of the Philippines who have reached the age of 21. To receive money, you need an identity card and a working mobile phone.
Fees and payments
The amount of the first loan for Robocash is limited to 10,000 Filipino pesos (about 12,000 rubles). For new customers, the interest rate is 65%.
After the repayment of the first loan, the amount increases to 25,000 Philippine pesos (about 31,000 rubles), and the rate decreases and is calculated individually, but not lower than 38%.
Cancellation of a loan application is possible until the moment of signing the contract. After confirmation, you can only repay early with a minimum amount of interest. You can repay the loan through a debit, credit card, bank account, Robocash application, as well as cash transfer in the office.
In the event of a difficult situation, the client can extend the payment through a personal account or hotline. In this case, the percentage of the loan increases. The borrower who has not repaid the debt is fined. In case of failure to pay the fine, the debtor is summoned to court.
How to take a loan in ROBOCASH?
- 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