UnaCash Loan App Review: Features, Interest Rates, Requirements, Registration Rules, and Online Loan Repayment Methods
Unacash is a reputable loaning company based in the Philippines that caters to the financial needs of both businesses and individuals. Since its establishment in 2013, the company has been at the forefront of providing various loan products, including business loans, home loans, and personal loans. Unacash aims to bridge the financial gap by offering short-term loans with relatively cheap interest rates, primarily targeting small business owners in the Philippines.
Over the years, the company has expanded its credit line and now offers 24/7 online financial solutions to all its clients. Digido Finance Corp. is the proud owner and operator of Unacash, ensuring a seamless and convenient loan experience by eliminating the need for bank visits and hidden charges.
Loan type
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728 daysRate ()
365.00% / yearLoan amount
25000 ₱Approval in
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20000 ₱Approval in
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Loan type
Short termFor a period of
180 daysRate ()
0.00% / monthLoan amount
25000 ₱Approval in
5 minutesFirst loan free
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Short termFor a period of
180 daysRate ()
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25000 ₱Approval in
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Loan type
Short termFor a period of
180 daysRate ()
0.00% / dayLoan amount
25000 ₱Approval in
15 minutesFirst loan free
noPros and Cons of Borrowing from UnaCash Loan App
Pros
- Easy and Quick Cash Loans: Unacash provides a straightforward and efficient process for obtaining cash loans with minimal requirements. Once your loan is approved, the funds will be swiftly transferred to your bank account within 24 hours, enabling you to address your financial needs promptly.
- User-Friendly and Convenient Loan App: Unacash has developed a user-friendly and convenient loan application platform. The app ensures seamless navigation and easy access to a wide range of cash loan products, allowing borrowers to choose the one that best suits their requirements.
- Competitive Interest Rates: One of the advantages of borrowing from Unacash is the competitive interest rates they offer. This allows borrowers to secure financing at favorable terms, minimizing the overall cost of borrowing.
- Efficient and Friendly Customer Service: Unacash prides itself on providing efficient and friendly customer service. Their dedicated customer support team is available via email from Monday to Saturday, promptly addressing any queries or concerns that borrowers may have.
- Competitive Interest Rates: In addition to their other benefits, Unacash offers cash loans at competitive interest rates, ensuring that borrowers can obtain financing at affordable terms.
Cons
- Limited Loan Amounts: It’s important to note that Unacash does not provide large loan amounts. Therefore, if you require a substantial sum of money, you may need to explore alternative financing options.
- Short-Term Loans Only: Another limitation of Unacash is that all their loans are short-term in nature. This means that borrowers must repay the loan within a relatively brief period, which may not be suitable for individuals seeking long-term financing solutions.
- Higher Loan Utilization Percentage: Compared to traditional bank loans, the loan utilization percentage with Unacash may be higher. This can potentially impact a borrower’s overall financial planning and budgeting.
- Late Payment Fees: Unacash imposes additional fees in the form of late payment charges if borrowers fail to meet the designated payment deadline. It is crucial for borrowers to adhere to the repayment schedule to avoid incurring additional costs.
When considering the advantages and disadvantages mentioned above, it becomes evident that Unacash loans are primarily designed to serve as short-term solutions for immediate financial requirements. Therefore, it is crucial for borrowers to carefully evaluate their options and consider the suitability of Unacash’s loan products for their specific needs.
Loan Conditions and Requirements
To be eligible for a loan from Unacash, applicants must be Filipino citizens who are at least 18 years old. Additionally, they must possess a valid identification document and provide proof of income. A registered phone number and email address are also required for application verification purposes.
Funding a Loan with Unacash
The loan application process with Unacash is relatively straightforward and streamlined. Once borrowers have selected the desired loan product and loan amount, it typically takes approximately 5-10 minutes to complete the application. After the application is submitted, Unacash will promptly review it and notify borrowers regarding the loan’s approval status. If approved, the funds will be transferred to the borrower’s bank account within 24 hours, ensuring quick access to the required funds. In some cases, the funds may even be transferred sooner, further expediting the loan funding process.
Frequently Asked Questions (FAQ) – UnaCash Loan App
What is Unacash?
Unacash is an online cash loan service provider based in the Philippines. The company offers the convenience of applying for short-term loans without the need to leave the comfort of your home. Their digital platform allows borrowers to access financial assistance quickly and easily.
Who owns Unacash?
Unacash is owned and operated by Digido Finance Corp., a trusted financial company in the Philippines. Their ownership and operation ensure transparency and adherence to regulatory guidelines.
How much can you borrow from Unacash?
Qualified Filipino applicants can borrow up to ₱50,000 from Unacash. However, the exact loan amount a borrower qualifies for depends on factors such as their credit score and financial profile.
Is Unacash a legitimate company?
Yes, Unacash is a legitimate company operating under the management of Digido Finance Corp. Furthermore, it is registered with the Securities and Exchange Commission under registration number CS202003056, which provides further assurance of its legitimacy and compliance with regulatory requirements.
In conclusion, UnaCash Loan App offers a reliable and convenient platform for obtaining short-term loans in the Philippines. With its user-friendly interface, competitive interest rates, efficient customer service, and swift loan funding process, Unacash is a viable option for individuals and businesses seeking quick and hassle-free financing solutions.
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Loan type
Short termFor a period of
180 daysRate ()
0.00% / monthLoan amount
25000 ₱Approval in
5 minutesFirst loan free
no
Loan type
Short termFor a period of
728 daysRate ()
365.00% / yearLoan amount
25000 ₱Approval in
5 minutesFirst loan free
no
Loan type
Short termFor a period of
180 daysRate ()
0.00% / monthLoan amount
20000 ₱Approval in
5 minutesFirst loan free
no
Loan type
Short termFor a period of
180 daysRate ()
0.00% / monthLoan amount
25000 ₱Approval in
5 minutesFirst loan free
no
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Short termFor a period of
120 daysRate ()
0.00% / monthLoan amount
25000 ₱Approval in
5 minutesFirst loan free
no
Loan type
Short termFor a period of
180 daysRate ()
0.00% / dayLoan amount
25000 ₱Approval in
15 minutesFirst loan free
no
Loan type
Short termFor a period of
180 daysRate ()
0.00% / dayLoan amount
25000 ₱Approval in
15 minutesFirst loan free
no