About CashBar
Cashbars are small credit loans that are used for immediate, short-term financial needs, such as medical expenses, emergency car repairs, or other emergencies.
Product Introduction
Loan amount: PHP 2000 - 20,000
Loan term: 91 days - 120 days
Interest rate: Maximum APR is 18.25% per year, 0.05%/day
Service fee: 0%
Transaction fee: PHP 25-130
Loan case sample:
If you choose a loan limit of PHP 8,000 with a period of 150 days (5 months), the daily Interest rate is 0.05%. Transaction fee is PHP25 , Service fee and other fees is 0, you need to pay at due date:
Service fee: PHP8,000*0%=0,
Amount in hand:PHP8,000-PHP25=PHP7,975,
Total interest fees: PHP8,000 * 0.05% * 150= PHP600,
monthly interest shall be paid: PHP8,000 * 0.05% * 30 = PHP120,
total repayment bill at due date(Loan Amount+Total interest fee):PHP8,000 + PHP600 = PHP8,600,
monthly repayment bill including principle and interest shall be paid: PHP8,600/5= PHP1,720.
Who can borrow?
CashBar is one of the earliest online lending platform in the Philippines. If you are over 20 years old, have a stable mobile number and a stable source of income, you can come to CashBar to borrow money(cash) or make a peso loan . We will increase the limit and loan period based on your credit score!! The more data you provide, the higher your credit score. Borrowing takes only 4 steps:
⑴download the app CashBar - Online Cash Loan
⑵fill in the data
⑶wait for the review
⑷receive the money(cash)
About Us
Company Information:
Company name: FUNDEX CREDIT LENDING INC.
PSEC Registration No.CS201919919
Registered Business Name: CashBar
Certificate of Authority to Operate a Financing/Lending (CA) Company Number: NO.3182
Please contact our online service for help:
Working time: 9:00 am – 18:00 pm (Monday - Sunday)
Email: [email protected]
Adress: 2nd Floor Building C, Metrowalk Commercial Complex, Meralco Avenue Brgy. Ugong, Pasig City, Metro Manila, Philippines
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