Easycash in the Philippines

The financial company that uses scalable infrastructure and technology to create an online lending and borrowing platform for Filipinos.

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Easycash Lending Company, Inc. https://upfinance.com/app/uploads/2019/06/1519008785-20-easycash-lending-company-inc.jpg
9th Floor Times Plaza Building, United Nations Avenue, Ermita, Manila
0995 531 2126, feedback@easycash.ph
Interest rate 24% - 30%
Loan tenure from 1 to 10 months
Approval duration Up to 24 hours
Min. monthly income1

About company

Easycash is a Philippine corporation, established and operating in accordance with the laws of the Philippines and registered with the Securities and Exchange Commission with the main purpose of providing loans, loans or any other financial devices for people and businesses. The company is located in Manila, Hermite. The main focus of Easycash activities is cooperation with beginners and small entrepreneurs.
The company was founded in 2013 and since then it shows itself well on all fronts of activity. Easycash has a reputation as an honest, stable and reliable company that provides material support to all who need it.

Personal loan

Interest Rates:  24% per month
Minimum loan amount: 5 000 PHP
Maximum loan amount: 10 000 PHP
Payment terms: Up to 2 months
Approval time: 1-3 days

Calculate loan

OFW loan

Interest Rates:  24% per month
Minimum loan amount: 5 000 PHP
Maximum loan amount: 25 000 PHP
Payment terms: Up to 10 months
Approval time: 1-3 days

Calculate loan

 

Loan Calculator

%
Monthly payment
₱ 888.49
Total overpayment
₱ 661.85
Total
₱ 10661.85

Borrower requirements

Eligibility:
– At least 21 years old at the time of application
Сitizenship: Must be a Filipino Citizen
If Employed:
– Minimum gross monthly income – 15 000 PHP
If Self-employed:
– With at least two (2) continuous years of profitable operations in the same line of business
– Minimum gross monthly income for Metro Manila – 30 000 PHP
If OFW:
– POEA stamped Contract of Employment
– Overseas Employment Certificate – POEA certified
– SRC/SIRB – Seafarer’s Registration Certificate/Seafarer’s Identification and Record Book
– Updated and latest Allotment Slip (If applicable)
– Passport
– Latest Proof of Billing

How to get a loan in the company? 

There are three types of loans in Easycash.:

  • Personal – available to all confirmed individuals;
  • Seaman loan – serves to support the maritime business, which is gradually fading away. The loan is issued only to sailors during sailing for the maintenance of their families;
  • Business loan – each small or novice entrepreneur, if there are documents confirming his activity, can take a large loan to develop his business. This type of loan has benefits in relation to other types of loan.

The easiest way is to take a loan on the Easycash.ph website. All you need to do is register, choose the type of loan and specify your own credit card.

The advantages of service:

The financial company “Easycash” offers convenient terms of cooperation. The main advantages of the company over other credit services:

  • The loan is provided even to self-employed people. But only with the confirmation of the possibility of returning the debt;
  • Easycash works with retirees and university students;
  • The minimum age for a loan is 21 years;
  • 24-hour service schedule;
  • Fast loan processing (no more than 10 minutes);
  • Multifunctional debt payment mode;
  • Always available support;
  • To get a loan you need a minimum of documents;
  • Possibility of loan restructuring;
  • Honest and safe work system;
  • Possibility to create an application for a loan by mobile phone (after approval of the application, you will need to confirm your identity on the website or in the office).

But the main plus is the ability to apply for a loan remotely (by another person or by phone) and confirm your identity just before approval..

Why you should choose this company?

In addition to its clear advantages, Easycash is a technologically oriented company which goal is to simplify people’s access to loans.

Innovative technologies and a scalable service infrastructure allow the company to develop and customize products and services for lending and borrowing based on industry data and analytical data supported by online risk management tools and operating tools.

Easycash focuses on turning negatives into positives, thinking outside the box, offering solutions, and trying our best to interact with and amaze our customers, partners and team members. Service is not interested simply in success; it requires setting a standard and being the envy for the industry.

Steps:

  1. Registration on the site. Before you take a loan online, you need to register on the service’s website;
  2. Selecting the type of loan (for sailors, businessmen, personal needs);
  3. Provision of all necessary documents (for each type of loan you need the particular ones, separate documents and/or confirmations);
  4. Receiving the necessary amount to a credit card or e-wallet (in cases of a business loan, it is possible to receive cash in the office of the company).

How to return a loan?

Each type of loan has its own due date:

  • Personal loan – 30-60 days;
  • Seaman loan – from 1 to 10 months;
  • Business loan – from 3 to 9 months.

Return of the loan can be carried out both on the company’s website and in the office. All problems with debt payment are solved in the office of the company, individually.

It is possible to return the necessary amount of money in parts, and it is possible and the whole amount at once. Payment can be made in cash or electronic money. Some e-payment options do not work. For example – PayPal or Smart Padala. The site sometimes requires confirmation that money is received in an honest way.

Offline branches of the company

At the moment, Easycash has one head office, located in Manila.

Product Features

Min. financing amount ₱5000
Max. financing amount Up to ₱25000
Min. loan tenure 1 months
Max. loan tenure 10 months
Interest rate 24% - 30%
Approval duration Up to 24 hours
Debt consolidation Yes

Example of calculating interest and loan payments

TERM 1 months 2 months 3 months 4 months 10 months
LOAN AMOUNT ₱12500 ₱12500 ₱12500 ₱12500 ₱12500
FEE 24% 24% 24% 24% 24%
INTEREST AMOUNT ₱250 ₱500 ₱750 ₱1000 ₱2500
TOTAL REPAYMENT ₱12750 ₱13000 ₱13250 ₱13500 ₱15000

Fees & Charges

One time setup
Processing fee no-fee
Stamp duty N/A
Disbursement & misc. fee N/A
Annual fee N/A
Other fees N/A
Penalties
Early settlement no information
Late payment charges no information
Other penalties no information

Other Requirements

Other details -

FAQ

It’s easy and done through the site. Register using your mobile number; fill in your profile with the necessary personal, work and bank details (for verification and payment); and click apply!

If you are a new customer, you must receive a credit decision within one banking day after applying. For regular customers, you can make a loan decision faster, since most of your information has already been verified.

You will receive a system generated SMS advice on the status of application

You can get your money credited directly to your Bank account. You will be asked to enter your Bank account number in the loan application.

Yes, you can repay the loan ahead of schedule. Although there will be no deductions from your current payment, there will be other benefits such as a good credit rating and discounts for future loans.

You do not require any security or guarantor to apply for a Cash loan.

The longest loan period is 10 months.

Yes, a co-borrower is required for an OFW loan.

Contacts

Full company name Easycash Lending Company, Inc.
Address 9th Floor Times Plaza Building, United Nations Avenue, Ermita, Manila
Phone number 0995 531 2126
E-mail feedback@easycash.ph
Social networks

User rating

Reviews

12 months ago

i love customer service

Not really happy with the payback amount or bi-weekly high payments, but if your needing the money I'd recommend them, and the costumer service was hands down great

12 months ago

fast and effective

Received a loan that was done very quick and very easy. Excellent customer service from Dan.

12 months ago

this gave me opportunity once again

It was a pleasure doing business with you.I was comfortable when talking with you. You were helpful with assisting me with the process of getting my loan application completed. I will definitely refer you to a friend. I payed off a loan with you And I feel comfortable to apply for another loan. That's how satisfied I am. Thank you for giving me this opportunity once again.

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