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June 3, 2019

CASHWAGON CASH LOAN

Instant cash loan in just one click. For your urgent financing needs, Cashwagon has you covered. A Fintech company that pioneers online consumer financing, they are focused on providing hassle-free, instant cash loans without any collateral. Using their cash on demand platform, you can immediately borrow funds for any purpose, in as fast as 24 hours! Promising an easy application process and fast turnaround time, their service offers the simplest and quickest way to solve your budget problem. Aside from interest, processing, and service charges, there won’t be any other fees required, as long as you pay on time.

Benefits

  1. Loan tenure up to 30 days only with interest rate of up to 40% per month.
  2. No collateral required
  3. Apply for a loan with a monthly income of as low as ₱6,000

Product Features

  • Min. financing amount: ₱7,000.00
  • Max. financing amount: ₱20,000.00
  • Min. loan tenure: 1 month
  • Max. Loan tenure: 1 month
  • Interest rate: Up to 40% of the loan amount approved
  • Approval duration: 1-2 working days
  • Debt consolidation: No

Fees & Charges

One time set up

  • Processing fee: N/A
  • Stamp duty: N/A
  • Disbursement & misc. fee: N/A

Penalties

  • Early settlement: N/A
  • Late payment charges: ₱500 every 3rd, 10th, 20th, 30th day on default

Eligibility

  1. Age requirement: Age 20 – 60
  2. Employment eligibility: Employed with at least ₱6,000 monthly income
  3. Min. salary requirement: ₱6,000 gross per month
  4. Guarantor / Collateral requirement: No

Other Requirements

  • Need to open linked banked: Yes
  • Other details: One-time Payment (with option for 30-day Loan Extensions), Payment through 7-Eleven, SM and Robinson’s Payment Centers, Bayad Center, ECPay, Cebuana Lhuillier, M Lhuillier, Landbank ATM

CASHWAGON CASH LOAN FAQ

  1. How much can I borrow?

With Cashwagon Cash Loan, borrow from as low as ₱7,000 up to ₱20,000 on your next loan, subject to approval.

  • What are the Cashwagon Cash Loan Requirements?

An applicant must fulfill Cashwagon’s eligibility criteria for a loan:

  • Applicant must be between 20-60 years old.
  • Employed with at least ₱6,000 monthly income.

Consequently, after filling out an application form, the following documents are necessary:

  • government-issued ID
  • Valid bank account

Additional documents may be required during credit evaluation.

  • How does the Cashwagon Cash Loan Calculator work?

The Cashwagon Cash Loan calculator computes the estimated cost of borrowing and amount of payment per installment. Input the desired loan amount to automatically get the estimated monthly amortization for different tenors.

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