FAQs about online lending partner CashMart PH.
CASHMART PH – Here are some of the things and FAQs you probably need to know about the online lending partner CashMart PH.
According to their website, the CashMart PH is awarded as Singapore’s Successful Brand. They provide “instant loans at the most sensible interest rates”. They have been existing since 1969 and now, it is in the country as they believe that “Filipino workers deserve a reliable partner every time they encounter a financial gap”. They may borrow from Php 5,000.00 up to Php 50,000. 00.
APPLICATION:
- Must be at least 21 to 50 years old
- A Filipino citizen currently living in the Philippines
- Currently employed, self-employed, or OFW/Seafarer’s Allottee
- Fill out the form provided by them
- Expect call from officers for validation
- Get cash deposited in your bank account after probably an hour once your loan is approved
- Disbursement will be processed withing 24 hours after approval and deposited to personal bank account
For Seafarer’s allottee, see requirements below:
- Government Issued ID
- Seaman’s Passport
- Seaman’s Book
- Seafarer’s Registration Certificate (SRC)
- Seafarer’s Overseas Employment Certificate (OEC)
- Seafarer’s Employment Contract with POEA validation
- 6 months latest Remittance Slip
- Latest Proof of Billings
- Proof of relationship
- Birth certificate if the seafarer is your parent, daughter/son, or sibling
- Marriage contract if the seafarer is your spouse
- Proof of allotment (under allottee name) – latest Allotment slip or Certificate of Allotment from the shipping company/agency
(Allottee must be at least 21 years old, a first-degree relative or dependent of the seafarer, and a Filipino citizen.)
LOAN REPAYMENT:
- Weekly 3 (Your repayment is equally divided into 3 weeks)
- Weekly 4 (Your repayment is equally divided into 4 weeks)
- Weekly 5 (Your repayment is equally divided into 5 weeks)
Repayment schedule will be discussed through phone with a staff and will also be sent on your email and they are partnered with the following in terms of repaying your loan:
- 7-11
- LBC
- Cebuana Lhuillier
- Bayad Center
- Robinson Payment Center
- EC pay
- SM Payment Center
- M Lhuillier (has P20 transaction charge)
Late repayments will be charged a fee accordingly, if the scheduled date of repayment falls on a Holiday, you must pay the date before it, and early repayments will have a faster re-loan.
READ ALSO:
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- Top Online Lending Companies In Philippines (Interest Rate Included)
- Money Lending Companies With Low Interest Rate In Philippines
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