LoadCash 1.0.8

LoadCash offers a streamlined online lending service designed as personal credit lines to address users' liquidity needs. While the platform emphasizes accessibility and simplicity, a thorough review suggests attention to key details is essential for informed borrowing decisions.

Product Overview

• Loan amounts range from ₱2,000 to ₱50,000
• Loan periods span from 91 to 180 days
• Annual Percentage Rate (APR): between 10% and 20%
• Applicable service fees up to 10%, with transparency in charges—no hidden fees observed

Sample Loan Calculation

• Applying for a ₱2,000 loan over 180 days at an APR of 10%, the borrower would pay:
• Service fee: ₱200 (10% of principal)
• Principal amount: ₱2,000
• Interest fees calculated as: ₱2,000 x 10% x 180/365 ≈ ₱99
• Total repayment due at maturity: principal + interest + service fee = ₱2,299
• Monthly repayment over six months approximates ₱383

Repayment Methods

• The platform offers flexibility through multiple channels:
• E-wallets such as GCash, Paymaya, GrabPay, ShopeePay, among others
• Convenience stores including M Lhuillier, RD Pawnshop, and 7-11

Eligibility Criteria

• Must be a Filipino citizen
• Possession of at least one valid ID and a mobile phone number

Advantages of Using LoadCash

• No collateral required—unsecured lending option
• A fully online and paperless application process that is both user-friendly and secure
• Minimal documentation: Any one from the following IDs—UMID, TIN, SSS, Passport, Driver's License, PhilHealth ID, Voter's ID, Postal ID, or National ID
• Enhanced loan offers for users with a positive credit history

Company Details

• Name: Copperstone Lending Inc., a licensed financing company in the Philippines
• SEC Registration Number: 2021050012959-04
• CERTIFICATE OF AUTHORITY: No. 3454
• Registered Business Name: LoadCash

Contact Information

• Email: [email protected]
• Hotline: (+632) 8271-3938 (Available from 8:00 am to 10:00 pm)
• Address: The Penthouse, Marajo Tower, 26th St. Corner 4th Ave., Bonifacio Global City, Taguig City, Metro Manila, 1634