The Philippine microcredit market is rich in offers. One of the important platform online is Cashwagon, which was founded in 2017. The company provides a line of financial services to meet the needs of customers.
Cashwagon will help out in a difficult situation, offering the “fast money” service to everyone who needs it. Funds can be borrowed at a profitable interest for any purpose, whether it is for repair, purchase of expensive household appliances or a trip abroad.
Cashwagon operates in accordance with legal requirements and maintains an honest policy with respect to borrowers. The microcredit companies are in high demand among people who do not have access to traditional banking products.
The amount of a possible loan it varies from 2,000 to 20,000 PHP, depending on the solvency and the selected loan term. The term can be selected up to 180 days up to 36 months with an annual interest rate of 0% for new customers and up to 38.9% without VAT
Credit conditions in Cashwagon
How to apply online at Cashwagon?
Having filled out an application on the Internet, you can count on prompt financial assistance. Cashwagon will transfer to the card online without refusal to those who need finances.
The easiest way to solve money problems is to request a loan online to your card. To do this, proceed as follows:
- decide on the loan amount using a loan calculator
- register by email
- fill out the application online, it is very fast and free.
- the application review time takes 5 minutes, if the application is pre approved, it will be necessary to send documents
- send the necessary documents
- after loan approval, within 1 business day you will be sent a loan offer
- after you agree and choose a service, your profile will be published and funded by the community of lenders
- financing will be credited to the card within 1 to 25 days.
If you have already collaborated with a microfinance organization, use the password/login you received earlier to enter to your personal account. You do not need to re-register. Just submit the following application. An application for the next loan can only be submitted if the previous one is closed. Only one credit can be active.
How to repay a loan in Cashwagon?
Cashwagon is ready to transfer the agreed amount to virtually everyone, but with a refund here is strictly.
To avoid delays, funds are debited automatically from your bank account. In case of direct debit failure or lack of funds in your account on the day of payment, you have 2 payment options:
- Electronic transaction
- Deposit in cash or by check at a bank branch.
You can extend a loan at Cashwagon under the following conditions:
If you have a delay in payment of contributions, Cashwagon community can provide several weeks to pay off your debt.
Why is it worth taking a loan at Cashwagon?
Among the key benefits of this microfinance organization, clients highlight:
- A response to the preliminary approval of the loan in a few minutes.
- Free service
- The best interest rates in the market.
It should be taken into account that the withdrawal of funds in Cashwagon is automatic, so the possibility of overdue loans is minimized, the only thing is that you must have a sufficient balance to pay each month.