Today we will introduce you to the most reputable and high-quality loan application currently available called MabilisCash. As a loan application in the Philippines, the app currently offers many promotions to users. MabilisCash is a fast online cash loan application, providing loans of up to 25,000 pesos without collateral. The loan function on the app is very quick and simple, requiring only a valid ID and a phone with internet connection for instant borrowing.
Instructions for borrowing money on the MabilisCash app
If you want to borrow money quickly on the MabilisCash app, follow these instructions:
Step 1: Access the website to start borrowing quickly.
Step 2: Enter accurate personal information as required.
Step 3: Choose the loan package that suits you.
Step 4: Select the loan repayment period.
Once you have completed these steps, wait for the system to check and approve the loan. If your loan application meets the requirements, the app will disburse the funds quickly, typically within 10 minutes, allowing you to spend the money comfortably.
Loan terms and interest rates with MabilisCash
For borrowers who receive ₱10,000 from MabilisCash for a period of 91 days, they will have to pay a service fee of 5%.
- A loan for 91 days (3 months) with an interest rate of 14.88% and a principal amount of ₱10,000.
- Total interest fee: ₱1000014.88%/36591= ₱ 370.9
- Service fee 5%: ₱10000*5%= ₱ 500
- Total repayment amount: ₱1000014.88%/36591+10000+500=₱ 10870.98
- Monthly repayment: ₱10870.98/3=₱3623.66
The information above applies to all customers when borrowing money through MabilisCash. For first-time borrowers using the app, they will be offered the lowest interest rate and this applies to their first loan. The needs of each customer may vary, and everyone’s borrowing history is different.
The conditions for borrowing money through the MabilisCash app are as follows
- Customers participating in borrowing through the app must be 19 years old or older.
- They must not have any history of defaulting on loans from any previous online lending platforms. Customers who do not meet the age requirement will be rejected for online loan registration.
- Non-Filipino citizens must be able to demonstrate their income level to be eligible for the service.
- Users need to use a phone to download the MabilisCash app on both Android and iOS platforms.
The benefits of borrowing money through the online app are as follows
MabilisCash provides customers with conveniences that no other online application can match. Below are the benefits that users have experienced on the app:
