Welcome to our Cashspace loan app review, where we will tell you everything you need to know about this online lending platform. We will explain what it is, how it operates, and how reliable it is.
CDNDongKhoi.edu.vn will also give you all the details about the Cashspace loan app’s features, eligibility, interest rate, application procedure, payment method, and advice. Don’t miss this opportunity to learn more!
- Summary of Cashspace loan app review in Philippines
- What is Cashspace?
- Is Cashspace legit?
- Why choose Cashspace loan app?
- Disadvantages of Cashspace PH app
- Cashspace loan requirements
- Cashspace PH loan interest rate
- Example of calculating Cashspace loan interest
- How to borrow money from Cashspace app PH step-by-step
- Cashspace loan app Reviews and Feedback
- Cashspace loan app PH repayment
- Compare Cashspace PH to other lending apps
- Cashspace contact number
- FAQs – Cashspace loan app review in Philippines
- In conclusion – Should you register for Cashspace loan Philippines?
Summary of Cashspace loan app review in Philippines
|✅ Cashspace loan app||⭐ Review|
|✅ Loan amount||⭐ ₱1,000 – ₱25,000|
|✅ Loan term||⭐ 61 – 120 days|
|✅ Interest rate||⭐ 12 – 36%/year|
|✅ Age||⭐ 18 – 70 years old|
|✅ Legit?||⭐ Yes|
|✅ Requirements||⭐ Only ID Cards|
|✅ Area support||⭐ Nationwide Philippines|
|✅ Advantages||⭐ 0% interest rate for first loan|
|✅ Disadvantages||⭐ Term is brief|
|✅ Procedure||⭐ Log in Cashspace PH|
|✅ Bad credit||⭐ Allow|
|✅ Feedback||⭐ See more in this article|
|✅ Contact number||⭐ 02-5555-5555|
|✅ Level of efficiency rating||⭐ Good|
|✅ APK||⭐ Download here|
What is Cashspace?
Cashspace is an online platform that connects borrowers and lenders in the Philippines. It offers various loan options from reputable banks and microfinance organizations, with low interest rates and fast approval. Cashspace PH does not provide loans directly but helps users find the best loan proposals for their needs. Users can borrow from 1,000 pesos to 25,000 pesos and payment terms from 61 to 120 days, depending on their credit history and loan period.
Is Cashspace legit?
The answer is yes, Cashspace is a legitimate company that provides online financial services in the Philippines. Cashspace is not a bank or a lender, but a platform that connects borrowers and lenders. Cashspace loan app is operated by Fininity Ltd., a company registered in Estonia with the registration number: 14523902.
Why choose Cashspace loan app?
The reason you should choose the Cashspace PH app is that it offers you many benefits, such as:
- Simple and fast application process: You can apply for a loan with just one valid ID and a bank account. No collateral or guarantor is required.
- No hidden fees or charges: The Cashspace loan app does not charge any origination fees, processing fees, or late payment fees. You only pay the interest rate that is agreed upon when you sign the loan contract, which can be as low as 0% for new customers.
- High approval rate of up to 97% for borrowers with different credit histories and income levels.
- Fast disbursement of funds: Once your loan is approved, you can receive the money in your bank account within 24 hours.
- Secure and transparent platform: The Cashspace app uses advanced encryption technology to protect your personal and financial information. They also comply with the data privacy laws and regulations in the Philippines.
- Friendly and helpful customer service: They have a dedicated customer service team that is available to assist you with any questions or concerns you may have.
- High customer satisfaction: There are over 312,000 satisfied clients who have rated their service highly on various platforms. You can read some of the Cashspace loan app reviews on their website or on other online platforms.
Disadvantages of Cashspace PH app
These are some of the downsides of the Cashspace app:
- The loan amount is not high: You can only borrow up to 25,000 pesos, which might not be enough to cover your urgent expenses or big purchases.
- The loan term is brief: You have to repay the loan within 120 days, which might put a strain on your budget.
- The interest rate is steep compared to traditional banks. Therefore, Cashspace PH loan might not be the best option if you are looking for a low-cost loan.
Cashspace loan requirements
To qualify for a loan with Cashspace Philippines, you need to meet some simple requirements, such as:
- Be a Filipino citizen between 18 and 70 years old.
- Have a valid ID and phone number. This is to verify your identity and contact information.
- Have a stable income. Your income source can be from employment, business, pension, remittance, or other sources.
Cashspace PH loan interest rate
Depending on the lender you choose, the Cashspace loan app offers annual interest rates ranging from 12% to 36%. Your credit rating determines the interest rate you will get from the Cashspace app.
However, as a new customer, you have the opportunity to enjoy a 0% interest first loan app. This is a great advantage that you should not miss.
Example of calculating Cashspace loan interest
For example, suppose you borrow 8,000 pesos for a term of 2 months from the Cashspace PH. The interest rate is 18% per year, which means the monthly rate is 18% / 12 = 1.5%.
- The interest on your loan = 8,000 x 1.5% x 2 = 240 pesos
- Your monthly payment = (8,000 + 240) / 2 = 4,120 pesos
This means that you will pay 4,120 pesos every month for 2 months.
How to borrow money from Cashspace app PH step-by-step
How to apply for a Cashspace loan? It’s very simple. Just follow these three steps:
Step #1: Select the amount
First, go to:
Step #2: Fill on the application form
Next, fill in your personal information on the online application form. You will need to provide your name, date of birth, phone number, and email address. Cashspace PH will verify your information and match you with the best lender for you.
Step #3: Get money from lenders
Finally, get a loan offer from one of the partner lenders. You will see the loan terms and conditions on your screen. If you are happy with the offer, click «Get Money» to confirm your application.
You will receive an approval decision within minutes. After that, the money will be transferred to your bank account or e-wallet within 24 hours.
To learn more about how Cashspace loan app works, watch the video below:
Cashspace loan app Reviews and Feedback
I recently applied for a Cashspace loan in the Philippines and I want to share my experience with you.
I needed some money to pay for my car repair, so I decided to try the Cashspace app, a simple online lending service that approves loans in five minutes. I borrowed 10,000 pesos for 90 days and I was amazed by how easy the process was.
I just filled out an online application with my personal information and consented to a credit check. Then I got a confirmation message and the money was in my account in no time. The interest rate was not low, but I was prepared for that.
I paid back the loan on time and I didn’t have any problems.
If you want to learn more about the Cashspace loan app review, you can see pictures of positive feedback below.
Cashspace loan app PH repayment
Cashspace loan app offers four convenient ways to pay your loan in the Philippines. Here are the details of each payment method:
- Online payments: You can pay your loan online using your debit or credit card, GCash, PayMaya, or Coins.ph.
- Payment centers: You can also pay your loan in cash at any of the authorized payment centers, such as 7-Eleven, Cebuana Lhuillier, M Lhuillier, Bayad Center, SM Bills Payment, Robinsons Department Store, or ECPay.
- Mobile banks: If you have a mobile banking app, such as BDO Mobile Banking, BPI Mobile Banking, Metrobank Mobile Banking, or UnionBank Mobile Banking, you can use it to pay your loan online.
- E-wallets: Another convenient way to pay your loan online is using an e-wallet, such as GrabPay, ShopeePay, or Lazada Wallet. Just link your e-wallet to your Cashspace account and select the amount you want to pay.
Compare Cashspace PH to other lending apps
|Criteria||Cashspace loan app||SosCredit||Crezu loan|
|Amount||₱1,000 – ₱25,000||₱1,000 – ₱25,000||₱1,000 – ₱25,000|
|Term||61 – 120 days||3 – 12 months||61 – 120 days|
|Age||18 – 70 years old||20 – 70 years old||18 – 70 years old|
|Interest rate||12% – 36%/year||143% – 180%/year||12% – 36%/year|
|Approval time||15 minutes||10 minutes||20 minutes|
Sources: State Bank reporting.
Cashspace contact number
Cashspace PH wants to help you with any complaints or issues you may have. You can contact their customer service team through various channels:
- Company: Fininity Ltd.
- Address: Tartu Street 52/1-166, 10115, Tallinn, EE.
- Filipino branch: 12th Floor, Tower 1, Ayala Triangle, Ayala Avenue, Makati City, Philippines.
- Contact number: 02-5555-5555
FAQs – Cashspace loan app review in Philippines
Do you have more questions about the Cashspace loan? You might be surprised by some of the answers we have prepared for you below.
What happens if I can’t pay Cashspace loan?
If you can’t pay your Cashspace loan on time, you may face some consequences. You will be charged a late payment fee of 1% per day on the overdue amount. You will also be reported to the credit bureau, which may affect your credit score and future borrowing ability. Additionally, you may be contacted by Cashspace’s collection agents or legal representatives to recover the debt.
How much does Cashspace Philippines service charge?
Cashspace does not charge any service fees for its assistance. You only pay the interest rate agreed with your lender.
In conclusion – Should you register for Cashspace loan Philippines?
In this article, we have discussed how the Cashspace app works, and why it is a good option for borrowers. Based on our analysis, we think that Cashspace PH is a legitimate and reliable loan app. However, you should always compare different loan options and read the terms and conditions carefully before applying.
We hope that this Cashspace loan app review has been helpful and informative for you. If you liked this article, please rate it 5 stars and share it with your friends. Thank you for reading!