PEDICASH Loan App PH Review Legit? Harassment? Vip APK (2024)

What is Pedicash? Is it legit? Sec registered? Harassment?

You are looking for Pedicash loan app available in the Philippines.

Retailasiaonline.com will cover various aspects of the app such as its pros and cons, interest rates, loan requirements, and more.

Let’s dive in!

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Summary of Pedicash

✅ Pedicash Loan App Review	⭐ 4.1 stars
✅ Guide to	⭐ Register to Pedicash Philippines (PH)
✅ Loan amount	⭐ 2000 – 50,000 Pesos
✅ Age	⭐ 18 – 55 years old
✅ Term	⭐ 3 – 12 months
✅ Interest rate	⭐ 0 % interest rate for first loan
✅ Pros	⭐ Online loan monthly payments in Philippines
✅ Cons	⭐ No Online loan guaranteed approval
✅ Evaluate the effectiveness	⭐ Good
✅ Bad credit	⭐ Not Allow
✅ Feedback	⭐ Read more in this article
✅ Pedicash App download APK:	⭐ Link Here

What is Pedicash?

Pedicash is a Philippine online loan app that offers short-term personal loans. Users can apply for loans easily on their website or app. The software simplifies loan applications by eliminating collateral and credit checks, approving quickly, and offering various repayment alternatives to match individual financial needs.

Pros of Pedicash App

As a financial app, Pedicash app has a number of benefits: It says that this lending app can send money quickly and consistently, and it has basic features that are the same as those of other apps. There is no hassle in applying for loans with this app. Customers said nice things about it, which means they’re pleased with it. The app got about 4.1 stars on Google Play, which means most people liked it. Accessing the app seems simple; all you need is a working smartphone and a valid ID. This app is a simple banking app that can be downloaded on both Android and iOS devices.

Cons of the Pedicash Loan App

While their loan app has been convenient for many, it has also faced criticism due to several potential drawbacks:

• There isn’t a lot of information about how Whale Tail Company owns this app, which raises concerns about openness.
• Even though the company is licensed to give money, it’s not clear how to protect users’ data and transactions, which could lead to security problems.
• Users are accountable for loans denied or canceled after approval without proper explanations.
• Prospective consumers should be wary of its long-term reliability in a landscape where some lending companies face revocations or summonses.
• The interest rates look low at 18% per year, but there may be hidden fees and processing costs that make the real cost of borrowing more expensive.

Pedicash Interest Rate

The interest rate on a Pedicash PH loan is a daily fee of 0.16% on the loan amount, equivalent to 18% per year. A processing fee of PHP 150 is also charged, plus a service fee of 10 to 20%, based on the loan amount.

Example of Pedicash Interest Rate Calculation

To better understand the interest charges, let’s consider an example. Suppose you borrow PHP 5,000 from Pedicash with a loan term of 30 days. The daily interest rate is 0.16%. The calculation would be as follows:

• Interest Charges = Loan Amount * Daily Interest Rate * Loan Term = 5,000 * 0.16% * 30 = PHP 240

Hence, the total repayment amount would be PHP 5,240.

Pedicash Loan Requirements

The requirements for a Pedicash loan are simple and not too many:

• Have a smartphone, a legal ID, and the Pedicash app to get started.
• Those who want to apply must be Filipino citizens, between the ages of 18 and 55, and have a legal home address in the Philippines.
• There’s no need for extra security or a lot of paperwork.
• Having a job or being able to pay back the loan is necessary.

Guide to Register Pedicash Loan Application Step-by-step

These are the steps you need to take to sign up for a loan application through the Pedicash loan app:

Step #1: Downloading the app

• Visit the Pedicash website or download the mobile app from your smartphone.

Step #2: Creating an account

• Giving basic personal details like your name, email address, and cell phone number is all you need to complete the account registration process.
• When you’re done, go to your email and click on the confirmation link.

Step #3: Applying for a loan

• Along with your job status, income, and any other relevant information, fill out the loan application form completely.
• Determine the loan amount, terms, and way of repaying that work best for you.
• Utilize the mobile app to upload the needed papers, including a valid ID, proof of income, and proof of residence.

Step #4: Waiting for approval

• Watch for the loan acceptance process. 
• In most cases, Pedicash will respond to applications within 24 hours.

Step #5: Disbursement

The money will be sent directly to your bank account after your loan is accepted. You will be notified by email.

Reviews Pedicash online Loan App Feedback

Pedicash review is rated 4.1 on Google Play. But this app has been accused of violating privacy.

Lending apps like this app have been accused of harassment, threats, and privacy violations. According to a petition to shut down abusive online lending apps, customers’ finances suffer.

Preventing difficulties requires prudence and investigation before using such services.

Pedicash loan repayment

Pedicash repayment gives you a lot of different ways to pay back loans. 

You can pay back your loan at many partner stores, such as 7-Eleven, M Lhuillier, RD Pawnshop, ECPay, TrueMoney, Paymaya, or GCash. When you’re ready to pay back, write down your Repayment Contract Number. 

During the loan time, you can pay back the loan in full or in part. If you don’t make your payments on time, you might have to pay extra fees or have your credit score go down. 

If you can make your payments on time, you may be able to get bigger loans with longer terms the next time you apply. 

Remember that making payments on time is very important if you want to avoid fees or damage to your credit.

Compare the Pedicash Loan app Philippines with other loan apps

Comparative criteria	Pedicash	Valley loan	Pitacash
Loan Amount	₱30,000	₱25,000	₱30,000
Interest Rate	0.16% – 18%	1.5% – 1.8%	3% – 12%
Term	1 – 6 months	3 – 12 months	1 – 12 months
Approval Time	5 minutes	10 minutes	25 minutes
Rating review	8/10	7/10	9/10

Sources: Refer to Sate Bank reporting and research

Pedicash customer service

Pedicash complaints have many ways for customers to get help, such as through email, the app, and Facebook.

• You can call their customer service or email them at info@pedicash.ph to make sure your information is correct. The goal of the service is to help with loan questions, account management, and solving problems.
• If you have questions or worries, you can call or email the Philippine Securities and Exchange Commission (SEC) at (02) 8818-6337 or (02) 8818-6047.

FAQs – Pedicash PH

Read the following frequently asked questions for more information about Pedicash:

Is Pedicash legit?

Pedicash is legit and helps many Filipinos. Whale Tail owns the licensed lending company. The Securities and Exchange Commission lists it among reliable online lending platforms. Facebook reviews also verify it. Pedicash appears trustworthy in Philippine online lending because of its stable past and great user experiences.

How to pay Pedicash?

To pay Pedicash loans, access their website or app. Log in to your account and navigate to the payment section. Choose your preferred payment method – typically bank transfer, debit or credit card, or mobile payment. Follow the prompts to input the amount and complete the transaction securely.

In conclusion – Should you Apply to Pedicash App?

Filipinos seeking fast, hassle-free personal loans can use Pedicash app.

Its user-friendly online platform offers fast loan approval and flexible repayment alternatives to suit individual financial needs.

Even though it has a user-friendly design and good customer reviews, this app may have issues such as limited ownership transparency, security concerns, and expensive costs beyond interest rates.

Give the article 5 stars if it was helpful. You can leave a comment if you have any questions about it, and we’ll get back to you as soon as we can.