Company name: Paloo Financing Inc.
Registration no.: No. CSC201800209
Address: 16F World Plaza, BGC, Taguig City, Philippines 1634
Contact Number: +63 2 8470 6888
For loan interest, this app guarantees a low-interest rate, you can also visit their website or their application for more information about their interest rate. While for the "Shop Now Pay Later" service the maximum effective APR% is at 49.68%.
You can install their application to know the information of their loan term for cash or you can visit their website while for the "Shop Now Pay Later" the minimum repayment period is 90 days and the maximum is 270 days from Cashacart participating stores.
Example of the service "Shop now Pay Later",
Total Down payment: 20% (Php1,400)
Loan amount: Php5,600
Processing fee: 5% (Php280)
Loan term: 6 months
Monthly interest rate: 3.99%
Monthly payment: Php1,121.31
Total payment: Php6,727.89
Para makapag loan dito dapat na ikaw ay isang Filipino citizen, 21 years old and above at dapat na ikaw ay currently employed or merong steady income. They also need personal information (valid govt. issued ID and proof of billing/address); work information (valid work ID and recent payslip); and your nominated bank account details.
After approval, the loan amount will be deposited directly into your nominated bank account or PayMaya account. And for repayment, there are three options,
- Bdo Online Banking
- Robinsons Online Banking
Over the Counter:
- BDO branches
- SM Business Centers
- Bayad Center
- Robinsons Bank Bills Payment
- Robinsons Business Center (located in Robinsons department store)
Remittance & Payment Center (via Dragonpay)
- Bayad Center
- Cebuana Lhuillier Bills Payment
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