CASH MART Loan Review Philippines legit? Complaints? sec registered

What is Cash Mart? As the leading online loan product in Singapore, developed in the Philippines market since 2016, providing effective financial solutions with a variety of loan packages for Filipino citizens.

To find out information about limits, terms, interest rates, how to apply for a loan and how to pay a Cash Mart loan, please follow the last article Retailasiaonline.com.

Summary of Cash Mart

What is Cash Mart?

Cash Mart is the top 1 online loan service in the Philippines, developed by Cash Mart Asia Lending Inc and legally licensed by the SEC – Securities and Exchange Commission. Borrowers can get assistance in amounts ranging from 3,000 to 150,000 pesos, short terms of 7 to 30 days, and quick disbursements of the same day.

Pros of Cash Mart App

Cash Mart reviews many outstanding advantages are:

• Reputable application, legal operation, variety of different loan packages (salary loan, personal loan, car loan, OFW loan) ..
• Flexible loan conditions, simple process with just 1 ID (recommended UMID or Driver’s License.
• Borrowers do not need collateral, nor proof of income.
• Online loans do not need face-to-face meetings, the limit is quite high, the interest rate is relatively low.
• Apply digital technology for instant automatic approvals and disbursements.
• Commitment to absolute confidentiality of customers’ personal information.
• Diverse payment channels, which can be paid in cash directly or online.
• The customer service department enthusiastically supports us 24/7.

Cons of Cash Mart Loan App

Cash Mart app review has disadvantages such as:

• Short-term loan period.
• Service fee 10% of the loan amount.

Cash Mart interest rate

Cash Mart supports preferential interest loans from only 0.06% to 1% / day, with a 10% service fee. The actual interest rate will depend on the timing of the loan, the amount borrowed, the borrower’s credit history, and financial records.

Example of Cash Mart interest rate calculation

Cash Mart Ph Approval 20,000 for 30 days with interest rate of 1% / day.

• The amount of interest payable after 30 days is: 20,000 x 1% x 30 = 6,000 pesos.
• The total amount payable after 30 days is: 20,000 + 6,000 = 26,000 pesos.

Cash Mart loan requirements

Conditions for registration at Cash Mart are:

• Filipino citizens, living and working in the Philippines, between 21 and 50 years old.
• Have a stable job or are self-employed or are overseas Filipino workers

Guide to register Cash Mart Loan Application Step-by-step

The 3 easy steps to apply for a quick loan at Cash Mart are:

Step #1: Download Cash Mart loan app and sign up

Download the Cash Mart app from Google Play, App Store or App Gallery.

Sign up with your phone number and enter the verification OTP.

If you already have an account, select Log in with your phone number and password.

Step #2: Apply for a loan

At the home screen of the app, select “Get Loan”.

Select loan limit, payment schedule and loan term.

Learn about loan information (principal, payments, interest) and payment schedule to consider and plan your personal finances accordingly.

Click “Apply now” to submit your loan application and wait for approval

Step #3: Approval and Disbursement

If the loan application is approved, Cash Mart will send a notification right on the app.

Disbursements are transferred instantly.

Reviews Cash Mart online Loan App Feedback

Cash Mart review is rated 4.3 stars by customers in Philippines for the quality of reputable loan services, no complaints, simple procedures and enthusiastic support.

Cash Mart loan repayment

Cash Mart payment is fast and simple via:

• Online payment gateway of the loan application.
• Make a transfer to the bank account designated by the lending partner.
• E-wallets GCash.
• Payment Centers 7-11, Robinsons, Bayad, Cebuana Lhuillier, Palawan Express, LBC, RD Pawnshop..

Compare Cash Mart loan app Philippines with other loan apps

Sources: Refer to Sate Bank reporting and research.

Cash Mart customer service

Cash Mart Ph complaints through the following information:

• Address: 53 Bayani Road, Fort Bonifacio Taguig City, Metro Manila, Philippines 1630.
• Email: info@cashmart.ph
• Hotline: (02) 8829 0000 – 0998 5649114 – 0917 7108114
• Open time: Mondays to Fridays, from 8am to 6pm ( Closed on Saturdays, Sundays and holidays)

FAQs – Cash Mart PH

Here are some frequently asked questions about Cash Mart:

Is Cash Mart legit?

Cash Mart is the top 1 online financial product in Singapore operating since 1969. By 2016, Cash Mart had expanded its operations to the Philippine market, and was licensed by The SEC (Securities and Exchange Commission) to operate legally with Registration No.CS201610084 and Certificate of authority No.1849.

Is Cash Mart harassment?

If you pay the loan on time, comply with the terms and conditions of the loan contract, Cash Mart commits not to harass or disturb customers, If any cases of harassment related to the loan arise, you can contact for help. In case of late payment, the application will continuously call to remind the debt.

How to make Cash Mart complaints?

If you have any questions, complaints about loan services, payment methods, technical problems, you can send an email to info@cashmart.ph or call directly to the hotline number (02) 8829-0000 / Globe – 09177108114 / Smart – 09985649114. Cash Mart customer care will be available weekdays from Mondays to Fridays, between 8am and 6pm.

In conclusion – Should you Apply to Cash Mart App?

Cash Mart is the leading reputable online loan product in the Philippine market. You can choose the loan package that suits your personal profile. The loan limit is quite high, from 3,000 to 150,000 pesos, paid in 7-30 days with low interest rates from only 0.06% to 1% / day.

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