CashBar-Online Cash Loan 1.0.1

About CashBar

CashBars provide small credit loans designed to address immediate, short-term financial needs like medical expenses, emergency car repairs, or unforeseen situations.

Product Introduction:

• Loan amount: PHP 2,000 - 20,000
• Loan term: 91 days - 120 days
• Interest rate: Maximum APR of 18.25% per year, equivalent to 0.05% per day
• Service fee: 0%
• Transaction fee: PHP 25-130

Loan Case Sample:

If opting for a loan of PHP 8,000 over a 150-day period (5 months) with a daily interest rate of 0.05%, and a transaction fee of PHP 25, with no service or additional fees, the payment due at the end would be as follows:

• Service fee: PHP 8,000 * 0% = PHP 0
• Amount in hand: PHP 8,000 - PHP 25 = PHP 7,975
• Total interest fees: PHP 8,000 * 0.05% * 150 = PHP 600
• Monthly interest payment: PHP 8,000 * 0.05% * 30 = PHP 120
• Total repayment bill at due date (Loan Amount + Total interest fee): PHP 8,000 + PHP 600 = PHP 8,600
• Monthly repayment bill (including principal and interest): PHP 8,600 / 5 = PHP 1,720

Eligibility:

CashBar stands as one of the pioneering online lending platforms in the Philippines. Individuals above the age of 20 with a stable mobile number and regular source of income are eligible to apply for a loan through CashBar. The credit limit and loan duration are subject to enhancement based on your credit score. Providing more detailed information will result in a higher credit score. The borrowing process involves four simple steps:

1. Download the CashBar - Online Cash Loan app
2. Complete the required data fields
3. Wait for the application review process
4. Receive the approved funds

About Us:

Company Information:

• Company name: FUNDEX CREDIT LENDING INC.
• PSEC Registration No.: CS201919919
• Registered Business Name: CashBar
• Certificate of Authority to Operate a Financing/Lending (CA) Company Number: NO.3182

Please reach out to our online service for assistance:

• Working hours: 9:00 am – 18:00 pm (Monday - Sunday)
• Email: [email protected]
• Address: 2nd Floor Building C, Metrowalk Commercial Complex, Meralco Avenue Brgy. Ugong, Pasig City, Metro Manila, Philippines