Cashalo App: Easy Fast, and Affordable Loans

When I got to the office premises, there was a stall where staff would request you to download their app. It is called Cashalo. I was curious at first and tried to download it on my phone. But the Apple Store won't allow me to do it. So I was curious about this money borrowing app and look for it online. Here is an excerpt from Apple Store description.

What is Cashalo?

The Cashalo marketplace will help borrowers find a lender that will finance their loan request. 

Cashalo is a mobile app that provides Filipinos with easy, fast, and affordable loans. 

Cashalo is a mobile app that provides Filipinos with easy, fast, and affordable loans. It is the first product of the partnership between JG Summit Holdings Inc. and Greater China-based Oriente (the founders of whom are behind internet giants Skype and LU.com).

Online Registration

Registering for Cashalo is simple. Users just need to input their mobile number, password, and unique verification code!

Request for Cashalo loan (Cashaloan) 

Requesting for a loan (Cashaloan) can be done in 3 simple steps online: 

1) select your loan details, 2) submission of information, and 3) confirmation of lender matching! 

Loan Status

Borrowers can review their loan status request, payment schedules and loan history anytime, anywhere.

Borrowing money online is now easy, fast, and affordable!

1. Seamless online experience

No need for paper submissions! Apply entirely online, submitting your IDs and other documents all in our app.

2. Funding in 30 minutes!*

Your money goes directly to your bank account once your loan is successful.

*Cashalo minimum disbursement time. Average is 1 day or less. Processing times may vary per user.

3. Low interest rates

The lowest interest rates, fixed monthly payments, and no hidden fees.

4. Safely manage loans

Have complete control over your loans and payments through our easy-to-use mobile app.

HOW IT WORKS:

• Download the app and register for an account using your mobile number

• Securely verify your identity in 3 steps

• Choose your loan amount and repayment schedule

• Receive your money directly through your bank account in 30 minutes!*

*Cashalo minimum disbursement time. Average is 1 day or less. Processing times may vary per user.


Again, borrow at your own risk. I haven't tried this app yet and hoping not to in the future. As much as possible, I am minimizing our loan intakes.