In today’s rapidly changing world, where financial needs can often emerge unexpectedly, the importance of having access to prompt and dependable funding cannot be overstated. This is precisely where Mabilis Cash steps in.
As a highly regarded online lending platform operating in the Philippines, Mabilis Cash is dedicated to offering individuals swift, convenient, and secure financial services. By prioritizing user-friendliness and unwavering commitment to customer satisfaction, Mabilis Cash strives to simplify your life by providing accessible and trustworthy lending solutions.
|Loan App||Mabilis Cash|
|Loan Amount||up to ₱10,000|
|Loan Term||max 180 days|
|SEC Registration No.||CS201907662|
Is Mabilis Cash legit?
Definitely, Yes. Mabilis Cash is a legit online lending platform for financial institutions. If you are having doubts, here are the things that support the legitimacy of Mabilis Cash.
It’s important to note that all financial institutions operating within the Philippines must adhere to government-mandated laws and regulations, which serves as their primary requirement. Compliance involves registering their business with the Securities and Exchange Commission (SEC).
According to information obtained from the SEC’s official website, Mabilis Cash operates under the company name Mali Lending Corp. The company possesses SEC Registration No. CS201907662 and Certificate of Authority No. 2968. These details serve as concrete evidence that Mabilis Cash is an authentic and trustworthy lending platform.
Mabilis Cash Product Information
When it comes to financial services, transparency and flexibility are crucial. Mabilis Cash understands this and strives to provide customers with clear and comprehensive product information. The platform offers credit limits ranging from ₱2,000 to ₱10,000, ensuring that borrowers can select an amount that suits their specific needs. Loan terms vary from 91 days to 180 days, allowing borrowers to choose a repayment period that aligns with their financial capabilities.
To ensure transparency, Mabilis Cash clearly outlines the service fees associated with their loans. The service fee ranges from 0.5% to 30.00%, providing borrowers with a clear understanding of the cost of borrowing. Additionally, the platform specifies the maximum Monthly Effective Interest Rate (EIR) at 15% and the maximum Annual Percentage Rate (APR) at 180%. By providing these figures, Mabilis Cash ensures that borrowers can make informed decisions about their loans.
When it comes to additional charges, Mabilis Cash maintains transparency by offering a transaction fee of 0, eliminating any unexpected costs for borrowers. However, it’s important to note that a late fee of 1% of the outstanding amount due is applicable, emphasizing the importance of timely repayments.
To illustrate the cost of borrowing through Mabilis Cash, let’s consider an example. If a borrower receives ₱10,000 with a loan term of 91 days, they would need to pay a service fee of 5%. In this scenario, the loan carries an interest rate of 14.88%. The total interest fee for the loan would amount to ₱10000 * 14.88% / 365 * 91 = ₱370.98. Additionally, the service fee of 5% would result in an additional ₱10000 * 5% = ₱500. Therefore, the total repayment for this loan would be ₱10000 * 14.88% / 365 * 91 + 10000 + 500 = ₱10,870.98. As this loan has a 91-day term, the borrower would be required to make monthly repayments of ₱10,870.98 / 3 = ₱3,623.66.
How to Apply
Mabilis Cash prides itself on providing a streamlined and hassle-free application process. To apply for a loan, prospective borrowers need to follow a few simple steps.
- First, they are required to register an account using an active mobile number. This ensures that the platform can establish clear communication channels with borrowers. Once registered, borrowers can easily fill out the online loan forms, providing necessary information to facilitate the loan process.
- After submission, Mabilis Cash aims to provide approval within 24 hours, ensuring that borrowers receive a timely response.
- If approved, the funds will be disbursed immediately to the borrower’s preferred cash-out method.
Mabilis Cash has minimal requirements to ensure accessibility for a wide range of individuals. To be eligible for a loan, applicants must:
- Be over 18 years old
- Be citizens of the Philippines
- Possess at least one government-issued identification.
By keeping the requirements simple and straightforward, Mabilis Cash aims to make its services accessible to as many individuals as possible.
Mabilis Cash is developed and operated by Mali Lending Corp., an SEC-registered fin-tech company. With SEC Registration No. CS201907662, Mali Lending Corp. is committed to providing affordable financial services that are accessible to everyone. The company’s mission revolves around making credit and investment easier for individuals, empowering them to achieve their financial goals.
Why Choose Mabilis Cash
- Easy Application Process: Mabilis Cash understands the importance of convenience. To apply for a loan, borrowers only need to provide valid government-issued IDs, eliminating the need for collateral. This simplifies the application process, allowing individuals to access funds quickly and easily.
- Hassle-Free Application: Gone are the days of lengthy paperwork and cumbersome processes. Mabilis Cash operates entirely online, ensuring a paperless application experience. By eliminating paperwork, borrowers can save time and energy, focusing on their immediate financial needs.
- Multiple Cashout Options: Flexibility is at the core of Mabilis Cash’s services. Borrowers have the freedom to choose their preferred cash-out method. Whether it’s through a bank transfer, e-wallet, or other options, Mabilis Cash ensures that borrowers can receive their funds promptly.
- Transparent Fees: Hidden fees can cause significant inconvenience and frustration for borrowers. Mabilis Cash stands out by maintaining transparency in its fee structure. There are no transaction fees, and all related charges are clearly communicated upfront. This ensures that borrowers have a complete understanding of the costs associated with their loans.
Mabilis Cash values customer satisfaction and provides multiple channels for individuals to reach out for support. Should any issues or inquiries arise, customers can contact Mabilis Cash through the following channels:
- Phone: 0063 285403074
- Email: [email protected]
- Facebook: https://www.facebook.com/Mabilis-Cash-103551839339849
- Website: https://mabiliscash.ph/
- Office Hours: 9 am – 6 pm, weekdays *
- Address: Unit 902 9th FLR. ANTEL GLOBAL CORPORATE CENTER BRGY. SAN ANTONIO ORTIGAS PASIG CITY
Mabilis Cash, registered with the SEC under Mali Lending Corp., is a reliable and trustworthy online lending platform in the Philippines. By offering transparent and flexible financial services, Mabilis Cash aims to meet the diverse needs of borrowers. Through its easy application process, transparent fee structure, and commitment to customer satisfaction, Mabilis Cash sets itself apart as a preferred choice for individuals seeking accessible and reliable lending solutions.