PesoCash

2.4

PesoCash is a quick and secure online lending app by Myloan Lending Investor Inc. in the Philippines. Offering flexible loans from ₱1,500 to ₱8,000, PesoCash ensures a straightforward borrowing experience.
Update
11/30/2023
Size
17MB
Version
2.4
Operating system
4.4
Installs
500.000+

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Description:

PesoCash is an online loan application provided by Myloan Lending Investor Inc. in the Philippines. It is designed to address short-term financial needs and deliver a convenient borrowing experience. Customers aged 20 and above can easily request loans of up to ₱8,000 with flexible repayment terms.

Furthermore, with reasonable interest rates and transparent transaction fees, PesoCash offers a secure and reliable financial solution. The application process is straightforward through the app, combined with dedicated customer care. The PesoCash App helps effortlessly resolve financial issues for everyone.

Product features at PesoCash

  • Loan amounts ranging from ₱1,500 to ₱8,000
  • Repayment terms of 120 days, 150 days, or 210 days
  • Maximum annual interest rate capped at 18.25%, equivalent to 0.05% per day
  • Transaction fees ranging from ₱25 to ₱130
  • Transaction fees are calculated in advance for successful loan applications
  • No service fees, 100% free

As an example loan scenario

Suppose you borrow ₱8,000 with a 150-day term, a daily interest rate of 0.05%, a transaction fee of ₱25, and no service fees or other charges. In this case, you would need to repay ₱8,600 on the due date.

Review of Pros and Cons of PesoCash App

Pros

  • The simple application process allows customers to quickly request and receive loans.
  • Customers have flexibility in choosing repayment terms and loan amounts tailored to their individual needs.
  • The loan interest rates are relatively low, not excessively high compared to banks and reasonable for equivalent services.
  • Transaction fees are clearly displayed, helping customers easily calculate and understand related fees.
  • Convenient use of the online application, quick feedback, and good customer service.

Cons

  • High loan interest rates; customers need to choose carefully.
  • The loan amounts are relatively low, not meeting larger financial needs.
  • Some mandatory loan conditions may be challenging for many customers to meet.
  • The app operates only in cities and densely populated areas.

Loan Application Process on the PesoCash App

Eligibility Criteria

  1. Customers must be over 20 years old and Filipino citizens.
  2. Must have a mobile phone and a stable source of income.
  3. Provide valid government-issued personal documents.
  4. Use a phone with internet connectivity.
  5. Download and install PesoCash on the customer’s mobile phone.

Quick Loan Application Steps

Step 1: Download and install the PesoCash APK/IOS app from cashloanapp.net or from the Google Play Store on your mobile phone.

Step 2: Open the app and fill in the necessary personal information in the online registration form.

Step 3: Submit the application, and wait for PesoCash to review your information. This process usually takes place quickly.

Step 4: Once your application is accepted, the loan amount will be transferred directly to your account. You can use this loan immediately for your personal needs.

Note: The registration process may involve additional steps for checking and verifying information to ensure authenticity and safety for both the lender and the borrower.

Payment methods at PesoCash

Payment methods at PesoCash typically include various flexible options such as bank transfers, online payment gateways, or other means like electronic wallets. Customers can choose the most convenient method to repay their loans within the specified timeframe. Details regarding specific payment methods can be found in the terms and conditions or by contacting PesoCash customer service.

Is using PesoCash safe?

Using PesoCash is safe and reliable for users. PesoCash employs advanced security measures to ensure the personal information of borrowers is well-protected. The system is tightly encrypted to prevent unauthorized access and ensure the safety of user data. Additionally, PesoCash adheres to industry security regulations and standards, enhancing the service’s reliability.

Furthermore, the user verification process helps prevent fraud and ensures that loans are provided to those who meet the necessary criteria and are trustworthy.

Contact Information for PesoCash

If you wish to contact PesoCash, you can use the following information:

  • Phone number: +639 612783945
  • Email: [email protected]
  • Website: pesocash.ph
  • Address: 12th Floor, Aseana Three Building, Macapagal Ave. cor Aseana Ave., Aseana City, Tambo, PARANAQUE CITY, NCR, DISTRICT 4, Philippines.

PesoCash’s working hours are from 9 AM to 6 PM, Monday to Saturday. For more information about their products, loan conditions, or to get answers to your inquiries, you can visit their website or contact them directly via phone or email.

Overview

PesoCash is a reputable online loan app from Myloan Lending Investor Inc. It facilitates a simple and quick loan application process, providing flexible borrowing options. Reasonable interest rates and transparent transaction fees make it easy for borrowers to calculate costs. Utilizing advanced technology, the PesoCash App ensures the safety of personal information and has a rigorous user verification process.

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