My cash in the Philippines

Sofia June 4, 2019

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. 

About company

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. 

How to get a loan in the company?

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. 

The advantages of service

This microfinance organization has several advantages that attract many customers. 

1. Favorable offers. By contacting this microfinance organization, you will avoid wasting time on applying, standing in a queue, since everything can be drawn up online. You will have more time for really important things, and you will not have to worry about money. 
2. Quick loan decision. After you apply for a loan, My Cash staff will ensure that the documents are processed as quickly as possible. You will get your money when you need it most. 
3. Transparency. To earn customer trust, MFIs ensure that each lender understands what he is paying for. No additional fees, charges or commissions will be hidden from you. 

Why you should choose this company?

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.  

4 steps to get a loan

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. 

1. Make an application online or via mobile app. This can be done around the clock. The process will take no more than 3 minutes. The app is fully automated and intuitive. 
2. Wait for the decision. MFI staff try to give an answer as quickly as possible. It will take maximum two business days after the submission of the necessary documents. You will be contacted by phone, e-mail or text message. 
3. Get the money. After approval of the loan, the money will be credited to the account within 30 minutes. You can withdraw cash in the bank, which was indicated when filling out the online application. 

How to repay a loan

To repay a loan, you need to act according to the following algorithm. 

1. Contact any of the banks that you specified when completing the online application (BDO, UCPB or PNB). 
2. Fill out the form, indicating the necessary information. 
3. Make a payment. Be sure to keep your receipt. 
4. Send an email with a photo of the receipt to the microfinance organization. 

Offline offices of the company

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.