Cashalo is an application for Android that gives users the opportunity to apply for a loan and receive it online.
Getting a loan
This app is developed for people who live in the Philippines and need to receive money urgently. You can take a loan from a bank as well as cash it out instantly. There is also the ability to make a purchase online and pay for it later. The functionality here highly reminds of such utilities as Money View Loans.
You need to create a personal profile and provide information about yourself along with ID papers in order to start using this application properly.
It is possible to apply for a loan in a few taps and receive approval in a short time. Then, you can withdraw money to your bank account in order to spend them.
You have the opportunity to get notifications when it is time to pay back and never miss instalments. Cashalo has low interest rates as well as allows you to choose the most suitable type of loan for yourself.
Features
- provides you with the ability to receive a loan from a bank without visiting its office;
- you have the opportunity to make an online purchase and pay for it later;
- you need to be a citizen of the Philippines as well as provide ID documents in order to access the app;
- free download for Android.