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What is Cashalo?
Cashalo is a mobile-application that enables fast, affordable, and secure access to credit; delivering financial freedom at your fingertips – anytime, anywhere.
Who can use Cashalo?
Cashalo is available to all Filipinos 18+ who are employed or with steady income.
How quickly will I receive a decision on my loan application through Cashalo?
A decision on your loan application is typically made within minutes. In some cases this may take up to 24hrs.
How soon will I receive my approved cash loan through Cashalo?
Once approved, cash is deposited within 24hrs. You will receive a notification via email and SMS once your loan has been approved and deposited into your account.
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How do I apply for a loan?
It’s easy and done entirely through the Cashalo app 24/7!
Simply, download the Cashalo app; sign-up using your mobile number; complete your profile with the required personal, work, and bank details (for verification and disbursement); and click apply!
What are the requirements?
We only need a few details so you can securely apply for a loan: personal information (valid govt. issued ID and proof of billing/address); work information (valid work ID and recent payslip); and your nominated bank account details.
What are the loan payment terms?
Cashalo provides you with a choice of options for repayment based on your preference. These range from 15 days to 6 months.