1.0.2 Safe to install
Tekcash: A Review of Online Lending Services in the Philippines
Tekcash positions itself as a reliable online lending partner within the Philippine financial landscape, emphasizing rapid, secure, and user-friendly financial solutions.
Reasons to Consider Tekcash
- Licensed and Trustworthy: Fully compliant with the Philippine Securities and Exchange Commission (SEC), ensuring that all financial transactions are conducted securely and legitimately.
- Fast and Convenient: Offers an easy-to-use mobile application allowing users to apply for loans any time and from any location, significantly reducing the complexities often associated with traditional lending.
- Instant Disbursement: Funds are disbursed immediately upon approval, allowing access to financial resources precisely when needed.
- Flexible Loan Options: Provides a range of borrowing amounts from ₱1,000 to ₱30,000 with adaptable repayment terms spanning 3 to 12 months, catering to individual financial circumstances.
- Transparent and Fair: Committed to a clear fee structure free from hidden charges, ensuring clients understand their obligations before agreeing to terms.
Product Details
- Loan Amounts: ₱1,000 – ₱30,000
- Repayment Terms: 3 – 12 months
- Maximum Annual Percentage Rate (APR): 180%
- Special Offers: Customized products available for clients demonstrating high creditworthiness.
Representative Example
For a loan amount of ₱20,000 over a period of 4 months (120 days) at a monthly interest rate of 3.3%:
- Total Interest: ₱20,000 * 3.3% / 30 * 120 = ₱2,640
- Service Fee (6.6%): ₱20,000 * 6.6% / 30 * 120 = ₱5,280
- Total Repayment: ₱20,000 * 3.3% / 30 * 120 + ₱20,000 + ₱5,280 = ₱27,920
- Monthly Installment: ₱27,920 / 4 = ₱6,980
Eligibility Criteria
- Filipino citizens aged 18 years or older.
- Possession of at least one valid government-issued identification document.
- A stable source of income is required for application approval.
Application Process
- Download the Tekcash application from the Google Play Store.
- Complete the straightforward registration process.
- Submit your loan application along with the necessary information.
- Receive instant approval and access your funds promptly.
License Information
The Philippine Securities and Exchange Commission (SEC) authorized Tekcash to operate as a licensed lending entity on July 12, 2019. Key details include:
- Company Name: TEKWANG LENDING CORP.
- Lending Platform: Tekcash
- SEC Registration Number: CS201911369
- Certificate of Authority Number: 3032
The company adheres strictly to guidelines set forth by the SEC, Credit Information Corporation (CIC), Anti-Money Laundering Council (AMLC), and National Privacy Commission (NPC).
Contact Information
- Hotline: +63 (0917) 820 4555, +63 (0917) 821 6555 (available Monday to Sunday from 9 AM to 6 PM)
- Email: [email protected]
- Website: https://www.tekwanglending.ph
- Company Address: Marajo Tower, 312 26th Street, Taguig, Metro Manila, 1634 Philippines
Tekcash's Commitment
Tekcash emphasizes the importance of customer financial well-being, providing lending services that prioritize reliability and transparency. The protection of personal information is paramount, alongside ongoing support for clients in achieving their financial objectives.
Please note: It is advisable to review the application terms and conditions thoroughly for comprehensive details on fees and responsibilities related to loans.
Borrow responsibly; Tekcash aims to provide support rather than overwhelm its clients.
Overview
Tekcash is a Freeware software in the category Business developed by TEKWANG LENDING CORP..
The latest version of Tekcash is 1.0.2, released on 05/02/2025. It was initially added to our database on 05/02/2025.
Tekcash runs on the following operating systems: Android.
Tekcash has not been rated by our users yet.
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