My Cash offers microcredit services to its customers in the Philippines. It’s not difficult to get an instant loan here. The decision is made immediately, the money is paid in cash.
My Cash offers customers an instant fast service. Almost any applicant with a steady income can get an approval of application. Applications are accepted online, around the clock and without days off. After approval of the loan, the money will be credited to your account maximum the next day.
My Cash offers first-class solutions to financial problems of citizens of the Philippines. To get money for urgent needs, now you do not need to go through complex procedures of approval, draw up collateral requirements, and wait a long time for a decision on your application.
Instead, a fast innovative consumer lending approach is applied. It allows you to adapt to changing market conditions, provides customers with high transparency.
Interest Rates: 0.8% per day
Minimum loan amount: 2 000 PHP
Maximum loan amount: 25 000 PHP
Payment terms: 7 – 30 days
Approval time: 1 hour
To draw up a loan, you need to apply. A customer can count on the amount from 2 000 to 10 000 Philippine pesos. If you have a good credit history, the maximum amount increases to 25 000 pesos.
On the main page of the site you will find an online calculator, in which you calculate what the payment will be depending on what term you draw up a loan. Loans are approved for 7, 15, 21 or 30 days. The interest rate for all customers, without exception – 0.8% per day. No hidden fees or commissions.
To draw up a loan in My Cash, the client must be at least 21 years old. Have a permanent job, live in one of the provinces where there is an office of a microfinance organization.
As proof of official income, you need to submit an extract from the bank for the last three months.
To apply for a loan, you need to fill out the appropriate form. You will receive an e-mail confirmation of registration. To ensure that the application is processed quickly, make sure that you submit original documents, all copies are clear and readable.
The decision on the loan application is sent by mail within 1-2 business days after the submission of all necessary documents. The MFI ensures that each customer is assessed fairly and as quickly as possible.
After approval, the money is automatically credited to your bank account. Confirmation of the completed transaction will come to you by e-mail.
This microfinance organization has several advantages that attract many customers.
Of course, a good credit history is always a plus, thanks to which it becomes much easier to get a loan. However, if you have had any problems in the past with timely payment of your debts, here you will not be denied.
This microfinance organization emphasizes that they understand perfectly well – not everyone has easy access to loans. The project launched by My Cash is intended for financial assistance to low-income Filipinos.
Therefore, being in a difficult financial situation, clients often seek help here.
You can draw up a loan in this microfinance organization by following the step-by-step instructions. It won’t take a lot of time.
To repay a loan, you need to act according to the following algorithm.
Microfinance organization works with clients all over the country. If you have problems with obtaining a loan, contact the multi-channel phone support service or write an e-mail. You will be answered promptly and detailed.
|Min. financing amount||₱2000|
|Max. financing amount||Up to ₱25000|
|Max. loan tenure||1 months|
|Interest rate||24% - 24%|
|Approval duration||Up to 1 hours|
|TERM||0 months||1 months||2 months||3 months||1 months|
|One time setup|
|Disbursement & misc. fee||N/A|
|Early settlement||no information|
|Late payment charges||no information|
|Other penalties||no information|
|Need to open linked banked account?||Yes|
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 30 days.
|Full company name||My cash|
|Address||West Service Road, Merville Exit, NAIA, Pasay City 1300|
|Phone number||(02) 781 0926|
Thanks to Service Manager this process ended better than it started. She was patient and she knew what she was doing and that made it easy for me to complete this process. Thanks Amy
I was a little afraid of but Monique put me at ease and even called me to let me know everything was okay. She was great.