Poco cash loan requirements shows that Customers must provide a valid ID for identity verification. This requirement ensures that they can confirm who you are before approving a loan.
Introduction
Poco Cash Loan App is a popular instant loan service in Manila, Philippines. It provides an easy way for people to get loans online without needing to put up any collateral.
This makes it a good choice for those who need money quickly and don’t have valuable items to use as security.
With them, you can borrow between ₱1,000 and ₱100,000. This range lets you choose a loan amount that fits your needs, whether you need a small amount for a short time or a larger sum for a longer period.
You can repay the loan over a period of 91 days to 365 days, giving you flexibility in how long you take to pay it back.
The interest rates for them start at 15% per year and can go up to 36% per year. This means the cost of borrowing can vary based on the amount you borrow and how long you take to repay it.
There is also a processing fee that ranges from ₱100 to ₱500, depending on the loan amount and term.
Poco Cash is available 24/7, so you can get help whenever you need it. This is useful if you have questions or need assistance at any time of the day or night.
However, they does not have an app on the Play Store. Instead, you can use their service through their website, which you can access from your phone or tablet.
In summary, Poco Cash Loan App is a convenient and flexible way to get loans in the Philippines. It does not require collateral, has a wide range of loan amounts and terms, and offers competitive interest rates. The app’s 24/7 support and easy online access make it a reliable choice for those who need quick financial help.
History and overview
Poco Cash Loan App was established in 2023, with Andre as the CEO. The company is a recent addition to the lending market in Manila, Philippines, but it has quickly gained a reputation for providing a simple and accessible online loan service.
they aims to make borrowing easy for its customers by offering loans without the need for collateral. This allows people to get financial help quickly and without needing to provide valuable items as security.
The app provides a range of loan amounts from ₱1,000 to ₱100,000 and flexible repayment terms from 91 days to 365 days. Interest rates are competitive, starting from 15% per annum to 36% per annum.
To make loan payments convenient, they offers several payment options. Customers can pay through various channels such as M.Lhuillier, RD Pawnshop, 7-Eleven, or use the GCASH app.
For in-store payments, customers should select “Bill Payment” and enter “Skypay” as the company name. If using the GCASH app, they should choose “Bill Payment” and then select “Loan Repayment – SKYPAY.”
The company operates from 9:00 AM to 7:00 PM, Monday through Saturday. For customer support, they can be contacted via email at h5pococash@gmail.com. More information about the company and its services can be found on their website: https://h5.pococash.com.
they are located at 12, 108 Dalupan St1, Sampaloc Stream, Manila, 1008 Metro Manila, Philippines. Despite being a new player in the market, the company’s focus on convenience and flexibility has made it a popular choice for borrowers in the Philippines.
Requirements
Philippine citizens only
To apply for a loan with Poco Cash, customers must be at least 18 years old and a citizen of the Philippines. This means you need to be an adult to legally enter into a loan agreement and must be a resident of the Philippines to use the service.
Valid ID
Customers must provide a valid ID for identity verification. This requirement ensures that Poco Cash can confirm who you are before approving a loan. It helps prevent fraud and ensures that the loan is issued to the correct person.
Good credit record
Poco Cash supports customers with both good credit history and unresolved bad debts. This means you can apply for a loan whether you have a strong credit record or have ongoing credit issues. The app is designed to be flexible and accessible to a wide range of borrowers, helping those who might face challenges with traditional lending options.
Stable income
Borrowers must have stable employment and a regular monthly income. This requirement ensures that you have a reliable source of income to make your loan payments. It helps Poco Cash assess your ability to repay the loan and reduces the risk of default.
Bank account
Customers must have a primary bank account for receiving the loan funds and making repayments. This account is used to deposit the loan amount and to withdraw funds for monthly payments. Having a primary account helps manage the loan process smoothly and ensures that transactions are handled efficiently.
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