CashMum

CashMum, developed by CashMum Lending Investor Corp, is an online lending application in the Philippines designed to help users purchase what they desire and cover personal expenses. If you're in need of financial resources, let's explore the benefits and loan process of the CashMum App right now.

What Are the Advantages of CashMum in Providing Loans?

CashMum offers several advantages to provide the best convenience for you when borrowing:

• Wide-Ranging Loan Options: Borrow up to PHP 50,000 to spend freely as needed.
• No Collateral Needed: Loans are approved without the need for collateral or complex verification.
• Flexible Loan Terms: Accommodates long-term loans with terms up to 360 days.
• Inclusive Fees: Transaction fees and service charges are included within the interest rate, which is less than 0.08% per day.
• Hassle-Free Process: No cumbersome procedures and no restrictions on distance.
• Immediate Assistance: If you encounter difficulties, just call CashMum for prompt support.

Flexible Loan Limits and Terms

CashMum introduces loan products with flexible limits, terms, and interest rates, making borrowing and repayment easy:

• Loan Limits: Ranging from PHP 1,000 to PHP 50,000
• Borrowing Terms: Minimum of 20 days and a maximum of 360 days
• Annual Interest Rate: Up to 32%
• Repayment Periods: Ranging from 120 days to 360 days

Example: For a loan of PHP 4,000 for 120 days:

• Daily Interest Rate: 32% / 360 = 0.08%
• Total Interest: PHP 4,000 * 0.08% * 120 = PHP 427
• Total Amount Due: PHP 4,000 + PHP 427 = PHP 4,427

CashMum customers can choose a repayment period that suits their needs within the range of 4 to 12 specified periods. Additionally, customers have a 4-day window before the due date each month to select the most favorable repayment date.

How to Register and Borrow at CashMum

The procedure to become a customer and borrow at CashMum is extremely simple. Follow these steps:

1. Prepare a Valid ID: Issued by the Philippine government, and a mobile phone.
2. Install the CashMum App: Download the CashMum APK/IOS application on your device, then launch the application and register an account using the prepared information.
3. Confirm Registration: Complete the registration of your CashMum account.
4. Log In and Borrow: Log back into the application with your account, select to register for your first loan.
5. Choose Loan Amount and Term: Select the loan amount and term that fits your abilities.
6. Submit Request: Submit the request and wait for approval.

CashMum always has special offers for customers who choose to borrow again. Remember to note the due date and pay on time to ensure a clean financial history for future borrowing.

Frequently Asked Questions

How long does it take to process a loan application? The processing time for loan applications at CashMum usually ranges from 30 minutes to a few hours, depending on the accuracy and completeness of the information you provide.

How can I repay the loan? You can repay the loan through the following methods:

• Bank transfer
• Payment via electronic wallets such as GCash, PayMaya, Coins.ph
• Payment at partner transaction points with CashMum

Is my personal information secure? CashMum is committed to the absolute security of your personal information. We use advanced security technologies to ensure the safety of your data.

Can I cancel a loan after registration? Once the loan application is approved and the funds are transferred to your account, you cannot cancel the loan. However, you can make early repayments to reduce the loan interest costs.

Accessing loans from online platforms like CashMum Loan will help you save maximum time, energy, and travel expenses, providing opportunities to receive high loan amounts with relatively simple requirements. Download the app on your phone and apply for a loan today.