Madaloan - fast cash loan

Ifun Lending Corp

About this app

Company Information
Company name: IFun Lending Corp.
SEC Registration No. 2021090025243-01
Registered Business Name: MadaLoan
CERTIFICATE OF AUTHORITY NO.L-21-0061-15

Please review the loan terms and conditions on our website, or contact our customer service for more information:
Working hours: 8am-18pm (Monday to Saturday)
Global Phone: [phone]
Email: [e-mail]
Address: Salcedo Avenue,Makati,Kalakhang Manila,NCR, Philippines

1. Product introduction
Loan amount: ₱ 1,500 - ₱ 8,000
Loan term: 120 days, 150 days or 210 days
Interest rate: The highest APR is 18.25% per year, 0.05%/day
Transaction fees: ₱20-₱130. The transaction fee is charged in advance by the transaction channel that borrowed successfully.
Service Fee: 0%

For example:
If you choose a loan limit of 6,000 pesos for a term of 120 days (4 months), the daily interest rate is 0.05%. The transaction fee is ₱20, the service fee and other fees are 0, then you need to pay:
Service fee: ₱6,000*0%=0,
Amount in hand: ₱6,000-₱20=₱5,970,
Total Interest Charge: ₱ 6,000 * 0.05% * 120= ₱ 360,
Interest payable monthly: ₱ 6,000 * 0.05% * 30 = ₱ 90,
Total repayment due (loan amount + total interest charges): ₱ 6,000 + ₱ 360 = ₱ 6,360,
Monthly bill payments including principal and interest are due: ₱ 6,360/4 = ₱ 1,590.

2. Who can apply for the loan?
Only for Filipinos aged 18 to 60.
Filipino citizens
A person with working ability

3. Platform introduction
Madaloan is a loan and the latest online loan platform successfully registered with the Philippine SEC, providing loan services. As the most popular online loan app in the Philippines, Madaloan is a financial partner that provides loans to salaried employees and self-employed.

4. Platform advantage
The main goal of Madaloan App is to help you with your financial problems by providing you with loan solutions.
loan services by utilizing the app. Get a loan easily and meet your financial needs with no stress and zero interest charges.

5. How do I repay the loan
You can pay at 7/11, Mluillier, Gcash, PAYMAYA and any bank near you (BPI, UBP).

Download our online loan app now and enjoy your financial freedom!