Cashalo - Cash Loan and Credit

Cashalo

About this app

Cashalo is your financial partner, whether for urgent needs or to shop for the Iatest gadgets. It is designed for Filipinos, by Filipinos. The app’s name itself is a combination of two words: Cash and Kasalo, which means "to have a partner for your finances".

⭐ Cash-Out with Bank Account, GCash, or Maya
Multiple disbursement options for your convenience

⭐ Fast Approval & Disbursement
Get your loans and credit approved in as fast as 8 minutes and funding to your bank account in as fast as 30 minutes!

⭐ Low Interest Rates
Loan and credit should be as affordable and transparent as it is fast, easy, and secure to access.

⭐ Easy Application Process
Verify your identity and submit all the requirements in the app with at least one (1) valid ID to complete your Credit Profile.

⭐ Flexible repayment terms
Minimum repayment period - 61 days
Maximum repayment period - 180 days

We have the right product for your needs
Cash Loan – Get cash of up to ₱13,000!
Lazada Loan - Top up your Lazada Wallet and shop safely from home

Let’s say you need ₱2,000

For example:
Amount borrowed: ₱2,000
Loan term: 61 days
Daily interest rate: 0.2%
Daily service fee: 0.3%

Total interest fee: 0.2% x 61 days x 2000 = ₱244
Total service fee: 0.3% x 61 days x 2000 = ₱366
Total repayment: 2000 + 244 + 366 = ₱2,610

Maximum daily effective interest rate (EIR): 0.5%
Maximum monthly EIR: 15%
Maximum Annual Percentage Rate (APR): 180%


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Privacy and Permissions
Your privacy is very important to us. We will scan your government-issued ID and other information to verify your identity and Credit Profile. Your personal information will never be shared without your direct and explicit permission.

To verify your identity, we require the following app permissions:
Storage (File Access) - We use your device storage as temporary data storage during entry of your user profile and to allow you to upload images in the app
Location - We use your location and device information to help us prevent fraud, validate information you provided, and calculate/assess your credit
External Data about Other Apps - We use information about installed applications to help us prevent fraud and calculate/assess your credit

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Contact Us
Nandito kami para sa'yo, Kasalo! For questions, feedbacks, or concerns, please contact us at:
Website: www.cashalo.com
Facebook: @CashaloPH
Instagram: @CashaloPH
Address: 16F World Plaza, BGC, Taguig City, Philippines 1634
Email: [e-mail]
Contact Number: [phone]

Please visit https://www.cashalo.com/faq/ for the latest updates to the Cashalo FAQs

All loans under the Cashalo Platform are financed by Paloo Financing Inc., with SEC Registration No.CS201800209 and Certificate of Authority No.1162

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About Us
Cashalo is a Filipino technology and financial services company, committed to building a more financially inclusive future for or all Filipinos. Through the Cashalo app, our technology enables fast and secure access to credit at the push of a button.

Cashalo, is a wholly owned subsidiary of Hong Kong based Oriente (whose founders are behind internet giants Skype and LU.com).

Ratings and reviews

This app is legit, not a scam. It helped me in times when I needed emergency money. It does not deduct fee/s, what you choose is what you get. Plus, the interest is low (compared to other loaning services). My only kind of negative comment is that, my credit limit does not increase even if I didn't have any overdue history. Upon my fourth loan, my highest credit is still on ₽2000. I just hope it went up even if just an increase of ₽500 haha. But all in all, it is one of the good loan apps. 👌🏼

Approval had been fast but disimbersement would take 3 days and it was impossible to cancel the loan application. The money isn't credited yet, it's unfair to pay for a huge amount of interest without the need of the money any more. Cancellation must be an option before the credit would take over. Your interest is huge! It's just a right to have an option to cancel!

Loan amount is deceiving. I have loaned a lot of times and paid on time, maintaining a good credit, hoping for a higher loan amount. I was recently offered to reloan a higher amount but it was declined without notice. I was expecting to that amount of money for emergency. Unfortunately, they approved the lower amount. So disappointing. I don't recommend this app because they're selling your credentials, breaching data privacy. I got a lot of unknown calls and msgs ever since I applied my loan.

What's new

General fixes and stability improvements.