Mabilis Cash Loan App Review, Requirements, Interest Rate

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Mabilis Loan offers quick and accessible online loans up to PHP 20,000, providing a convenient solution for financial needs. This article sheds light on the features, requirements, application process, legitimacy, and how to contact customer care for Mabilis Loan.

Mabilis Loan Interest Rate

Mabilis Loan presents varying credit limits of up to PHP 20,000 with loan terms spanning from 91 to 180 days. Understanding the interest rate is crucial for borrowers to make informed decisions regarding their loans. For example, for a ₱10,000 loan over 91 days, the interest rate stands at 14.88%. Here’s a breakdown:

  • Total Interest Fee: ₱10,000 * 14.88% / 365 * 91 = ₱ 370.98
  • Service Fee (5%): ₱10,000 * 5% = ₱ 500
  • Total Repayment: ₱10,000 * 14.88% / 365 * 91 + 10,000 + 500 = ₱ 10,870.98
  • Monthly Repayment: ₱10,870.98 / 3 = ₱ 3,623.66

It’s important to note that interest rates can change over time, so it’s vital for borrowers to confirm the interest on any loan offer before accepting it.

Mabilis Loan Requirements

To be eligible for a Mabilis Loan, applicants need to meet the following criteria:

  1. Age Requirement: Over 18 years old
  2. Citizenship: Philippines citizens
  3. Identification: Have at least one government-issued identification

Meeting these requirements is essential to qualify for a Mabilis Loan.

How to Apply for Mabilis Loan

Applying for a Mabilis Loan is a straightforward process that involves the following steps:

  1. Register Your Account: Begin by registering your account using an active mobile number.
  2. Complete Online Loan Forms: Fill in the required online loan forms accurately.
  3. Approval: Wait for approval, typically within 24 hours.
  4. Disbursement: Once approved, the money will be disbursed to your preferred cash out method immediately.

Following these steps ensures a smooth application process.

Mabilis Loan App Download

For convenient access to Mabilis Loan services, you can download the Mabilis Cash app from the Google Play Store. Be cautious and only download the app from official sources to ensure the security of your personal information and transactions.

  1. Visit the Google Play Store on your Android device.
  2. In the search bar, type “Mabilis Cash.”
  3. Select the official Mabilis Cash app from MALI LENDING CORP.
  4. Click “Install” to download and install the app on your device.

Always avoid downloading loan apps from unofficial app stores to protect your data and transactions.

Mabilis Loan Customer Care

Mabilis Loan ensures assistance and support for its users through various channels. If you encounter any issues or need assistance, you can contact Mabilis Loan customer care through the following means:

  • Phone: Dial 0063 285403074 for phone assistance.
  • Email: Reach out via email at Mabiliscashofficial@gmail.com.
  • Facebook: Visit Mabilis Cash on Facebook.
  • Website: Access their official website at mabiliscash.ph

Additionally, you can contact customer care within the Mabilis Loan app for prompt assistance.

Is Mabilis Loan Legit?

Mabilis Loan is a product of MALI LENDING CORP., a registered fin-tech company with SEC Registration No. CS201907662 and Certificate of Authority No. 2968. Their commitment to providing affordable financial services and transparent fee policies attests to their legitimacy. However, it’s essential to exercise caution and deal with them at your own discretion, as companies can undergo changes over time.

Mabilis Loan stands as a reliable and accessible financial solution, simplifying credit and investment processes for all individuals in need of quick cash in the Philippines.

All rights reserved. Do not copy, rewrite or republish this content, in part or in whole, without proper credit to the source.

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About the Author: Femi Olawole

Femi Olawole is a seasoned blogger with interest on providing helpful Contents on online loan apps, Tech and Business.

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