Quick Comprehensive Guide for Salary Loan
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Apply for Salary Loans Online - Get 24 Hour Payday Loan in Philippines
Receive your cash advance today. Here’s how to qualify
Eligibility Requirements and Documents
- Atleast 21 years old
- Filipino Citizen
- Currently Employed
For Salaried and Commission-based Employees
- Government Issued ID
- Latest One-Month Pay-slip
- Latest Proof of Billing
For Taxi/Grab Drivers
- Government ID
- Latest One-Month Statement of Account
- Latest Proof of Billing
Quick Loan in 3 Steps
Affordable online loan in the Philippines with flexible repayment terms.
What Our Customers Saying
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i like how cashmart make transactions fast.very reliable and convenient. at times that I really need a fast cash.. cashmart is at my back.. very dependable it helps me to pay my hospital bills.
First time to applied for an online loan and cashmart provided an “EXCELLENT CUSTOMER SERVICE EXPERIENCED”!!! “THANK YOU SO MUCH” commendation for all of you folks and I will recommend cashmart to all of my friend and I myself walk them thru on how they can apply.
Cashmart is very responsive and timely in processing my application. Your company is really awesome and highly recommended for those peeps looking for loans. Their reps are so approachable from documentation officer to the verification team. Thank you cashmart.
reliable when you need fast cash, easy online application
Tried applying for cashmart and got an excellent service. Even though i got many questions (this is understandable in loan industry), loan was approved. Will recommend cashmart to my friends!
We know getting a salary loan is our last resort when we have already replenished our extra cash and borrowing from a friend or relative is not seemingly a fruitful option. When payday is still a week or a few days away, there are times when certain expenses will just pop up when you think your budget has finally been followed.
Reasons Why Filipinos Get Cash Advance & 24-Hour Payday Loan in the Philippines
We are not talking about car financing here. While you keep reminding yourself about your car loan each month, you also have to know that there are other expenses your car will require besides diesel and regular carwash. You need to keep your car well maintained, and if you are too stingy to do it, or you are just plain unfortunate, you will have flat tires and air conditioning that does not cool your car, let alone your head during traffic or discharged battery. Also, do not forget your registration renewal.
Loan money to a relative or friend
While most Filipinos will avoid ‘utang’ as much as possible, we are usually willing to do anything to financially help out a friend or a relative in need, especially if that person has always been there during your tough times.
Pay Utility Bills
We know utility bills have their fluctuation tendencies. Meralco will suddenly announce their price hike when you think you have already done a fair share of following electricity-saving tips. If you miss paying your bills, you will end up swatting flies at night instead of sleeping soundly with an electric fan. You will have to ask your neighbor if you could buy a gallon of water because Maynilad cut off your water supply. Aside from survival, you must also swallow your pride since some of your neighbors will surely talk about you.
Filipinos are known to be very hospitable, we spend money we don’t have just to keep our visitors comfortable, and thus we buy more groceries than anticipated.
You might have been a well-paid individual, yet suddenly the item you have been eyeing for a couple of months went on sale, and you just need a thousand to get your hands on it. It is shameful to borrow from friends as they may look down at you and think you are just feeding your ‘luho.’
To Pay a Debt
Some debts will be less complicated if you pay now than later. As we know, debts, especially from 5-6, can balloon to double if you can’t pay on time. This usually happens if you are not careful and borrow from a loan shark. Getting payday loans online to prevent a debt from growing seems like a fair option.
To Avoid Borrowing Money from Friends and Family.
A lot of Filipinos value their pride, they are even willing to get a short-term and easy salary loan rather than asking for help from their families and friends.
Loan Product Introduction
Compliant With R.A. 3765, TRUTH OF LENDING ACT
Age Limit: 21 to 50 years old
Loan Amount: ₱3,000 to ₱30,000
Loan Term: Weekly (due date every 7 days), Bi-weekly (due date every 14 days), and Monthly (due date every 28 days),
Processing Fee: 10% of the principal loan amount
Interest Rate: 0.0571 % per day (APR: 20.8415%).
Shown below is an example of calculation:
If the loan is Php 5,000 and the client chose the term of 1 bi-weekly (payment due date is every 14 days), the interest per day is 0.0571%, with the APR being 20.8415%. The company lends money to its borrowers based on the agreed and signed loan contract valid till December 31 2020. The customer can receive a loan for an unlimited period called reloan provided that payments are submitted every two weeks or as agreed in the loan contract. The financial liability of the Credit User in case of failing to meet an obligation towards the financial partner has been made clear during the verification call as stated in the loan contract.