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Company Information

MadaPH-Cash,installment loan

by Ifun Lending Corp.

What is it about?

Company Information

App Details

Version
1.0.3
Rating
(3303)
Size
52Mb
Genre
Finance
Last updated
February 2, 2024
Release date
September 26, 2023
More info

App Store Description

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

1. Product introduction
Loan amount: ₱ 3,000 - ₱ 28,000
Loan term: 120 days, 240 days
Interest rate: The highest APR is 18.25% per year, 0.05%/day
Transaction fees: ₱80-₱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 12,000 pesos,Loan term:240 days(8 months),Choose to repay in 2 installments (4 months), the daily interest rate is 0.05%. The transaction fee is ₱80, the service fee and other fees are 0, then you need to pay:
Service fee: ₱12,000*0%=0,
Amount in hand: ₱12,000-₱80=₱11,920,
Total Interest Charge: ₱ 12,000 * 0.05% * 240= ₱ 1440,
Interest payable monthly: ₱ 12,000 * 0.05% * 30 = ₱ 180,
Total repayment due (loan amount + total interest charges): ₱ 12,000 + ₱ 180*8 = ₱ 13,440,
First installment repayment amount:₱ 13,440/2=₱6,720
Second installment repayment amount:₱ 13,440/2=₱6,720
Note: Kindly comply and follow the repayment term and pay on time to avoid additional charges in your account.

2. Platform Requirement
Philippine nationalities
Aged between 18 to 60.
Valid ID required: SSS/UMID/TIN/PassPort/Drivers License /Postal ID/ PRC ID 

3. Platform introduction
MadaPH cash loan online installment loan is an online loan application successfully registered with the Philippine SEC, providing instant cash and personal loan services. As the most popular online personal loan app in the Philippines, MadaPH cash loan online installment loan is a financial partner that provides personal loans to salaried employees. MadaPH cash loan online installment loan also offers personal loans for the self-employed.

4. Platform advantage
The main goal of MadaPH cash loan online installment loan App is to help you with your financial problems by providing you with personal loans and instant cash solutions.
Instant cash 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).

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)
Hotline: 09171438842
Email: support@ifunlendingph.com
Address: Ayala Avenue,Makati,Kalakhang Manila,NCR, Philippines

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