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5/5 Votes: 2,000
Updated
18/02/2024
Size
16.1 Mb
Version
1.12.0
Requirements
5.0
Downloads
110.000+
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Description

The Mabilis Cash application is developed on a digital technology platform, allowing customers to borrow money online quickly and conveniently. MabilisCash features such as on-demand borrowing, flexible loan limits, competitive interest rates, and no collateral required. Additionally, the app also provides customer support features and simple procedural guidance for users.

Loan Process through Mabilis Cash

Loan Procedure

The MabilisCash app provides a simple and quick online ₱25500 loan process. After downloading and installing the app on their mobile phones, customers need to follow these steps:

Step 1: Register an account on the app

Customers need to register an account on the app by entering personal information and verifying their phone number. After successful registration, customers will have a MabilisCash account to borrow money.

Step 2: Fill in loan information

After registering an account, customers need to choose the corresponding loan limit and fill in loan information, including the amount borrowed, loan duration, purpose of the loan, and other relevant information.

Step 3: Evaluation and approval of loan application

The customer’s loan application will be evaluated and approved by MabilisCash in the shortest time possible. The evaluation process will be based on the customer’s personal information, credit history, and other relevant information.

Step 4: Receive money into account

After the loan application is approved, MabilisCash will transfer the borrowed money into the customer’s account. The time to receive the money will depend on the payment method and the bank’s operating hours.

Conditions for Borrowing Money

To borrow money through the MabilisCash app, customers need to meet the following conditions:

  • Be a citizen of the Philippines aged between 18 and 55 years old.
  • Have a stable income and the ability to repay debts on time.
  • Have a personal bank account and use a mobile phone.

Notes When Using MabilisCash

Fees and Interest Rates when Borrowing Money through the MabilisCash App

According to information from MabilisCash, interest rates typically range from 1.5% to 3% per month, depending on the risk level of the loan.

Additionally, MabilisCash charges service fees for loan transactions, transfers, and account management. However, specific fees and interest rates will be clearly communicated to customers by MabilisCash before conducting transactions.

Risks and Limitations When Using the App

  • Failure to repay debts on time will result in late fees and may affect your credit score.
  • Borrowing money through the MabilisCash app can also create financial pressure if you lack a proper spending plan.
  • It’s important to note that borrowing money through the MabilisCash app is not a long-term financial solution, and you should carefully evaluate before deciding to borrow.

Repayment Methods and Avoiding Debt When Using the MabilisCash App

To avoid debt when using the MabilisCash app, it’s advisable to establish a spending plan and assess your ability to repay debts on time. If you’re unable to repay debts on time, you should contact MabilisCash to discuss solutions for late repayment issues. For repayment, you can use payment methods such as bank transfers or direct payments through e-wallets.

Assessment of the MabilisCash App

On our website, the MabilisCash app receives a high rating of 4.5/5. User reviews indicate that the app offers fast borrowing, convenience, and simple procedures. Additionally, the app is highly praised for its safety and security in protecting customers’ personal information.

Benefits of Using the MabilisCash App

Convenience and Speed in Online Borrowing

When using the MabilisCash app, customers can borrow money from ₱300 to ₱25500 quickly and easily in just a few minutes. There’s no need to visit banks or other financial institutions to go through time-consuming loan procedures.

No Collateral Required When Borrowing Money through the MabilisCash App

When borrowing money through the MabilisCash app, customers do not need to provide any collateral to secure their loans. This helps reduce risks and concerns for customers during the borrowing process.

With its simple process, quick and easy procedures, and benefits such as no collateral required and accessibility anytime, anywhere, the MabilisCash app has become one of the top choices for users in online borrowing.