As we all know, financial emergencies can arise at any time in our lives. Sometimes, our savings may not be enough to cover these emergency expenses, and we might need to borrow money to meet these urgent financial needs. This is where Atome Cash Loan comes in handy. Atome Cash Loan is a financial service provided by Atome, a mobile application created by Neuroncredit Financing Company, Inc. The company is focused on promoting financial inclusion in the Philippines by providing online cash loans to Filipinos. The subsidiary of Neuroncredit Pte Ltd (Singapore) uses technology from Advance.
In this article, CashLoanPH will explore the features of Atome Cash Loan and discuss how it can help Filipinos meet their short-term financial needs.
How Atome Cash Loan Works
Atome Cash Loan allows users to borrow money ranging from 1,000 to 12,000 pesos for a fixed service fee. The loan amount and repayment period can be selected by the user during the application process. Users can apply for a loan by creating an account on the app, providing personal and financial information, and choosing the amount of money they need. Once the application is approved, the loan amount is transferred to the user’s account.
Eligibility Criteria
To qualify for Atome Cash Loan, users must be at least 18 years old, have a valid government-issued ID, and a source of income. Users must also have a mobile device with access to the internet. The application process is straightforward and can be done from the comfort of one’s home. This makes Atome Cash Loan an ideal option for those who need immediate financial assistance.
Service Fee Structure
The service fee for Atome Cash Loan varies depending on the loan amount and repayment period. Users are informed of the fee before they accept the loan offer. This allows users to make informed decisions about the loan and plan their finances accordingly. The transparent fee structure makes it easier for users to manage their finances and repay the loan on time. The service fee structure is as follows:
| Loan Amount | Repayment Period | Service Fee |
|---|---|---|
| 1,000 – 2,999 PHP | 15 days | 10% |
| 3,000 – 4,999 PHP | 30 days | 10% |
| 5,000 – 9,999 PHP | 30 days | 10% |
| 10,000 – 12,000 PHP | 30 days | 10% |
Buy Now, Pay Later Feature
One of the unique features of Atome Cash Loan is the buy now, pay later feature. Users can use the loan amount to purchase products from Atome’s partnered merchants. This feature allows Atome Cash Loan users to buy products without having to pay for them upfront, and pay back the loan in installments over a period of up to three months. There are no additional charges for the installments, and users can choose to pay the loan amount in advance if they want to. This feature makes it easier for users to make purchases without having to worry about the immediate financial burden and manage their finances effectively.
A Secure and Convenient Payment System
Atome Cash Loan also offers a secure and convenient payment system. Users can pay their loan amounts and installments through various payment channels, including online banking, mobile banking, ATM, or over-the-counter payment at any participating establishments. This makes it easy for users to make payments and manage their finances effectively.
Customer Support
Atome provides customer support to users through their website. The website has a comprehensive FAQ section that covers various topics related to Atome, including Atome Cash Loan. Users can also contact customer support through the app or email. Customer support is available 24/7 to assist users with any questions or concerns they may have regarding Atome Cash Loan.
Conclusion
Atome Cash Loan is an excellent option for those who need immediate financial assistance. The service is accessible, easy to use, and has a transparent fee structure. With the buy now, pay later feature, users can purchase products without having to pay for them upfront, making it easier for them to manage their finances. The company also provides a secure and convenient payment system and excellent customer support. If you are in need of a small loan, Atome Cash Loan could be an excellent option for you.
