Philippine Cashtrout Lending Corporation

Rating: 1
1 review
Mocasa - Virtual Credit Wallet

Loan amount
₱1,000 — ₱50,000

Interests
APR up to 30%

Term
from 91 to 180 days

About the company

Savings bank in the Philippines
  • Full name: Philippine Cashtrout Lending Corporation
  • SEC Registration Number: CS201910407.
  • Certificate of Authority to Operate a Financing/Lending Company: 3015
  • Anniversary date: 2019-06-26
  • Interests: 3.50% 1 to 6 months
  • ⭐ Reviews

Contacts

Philippine Cashtrout Lending Corporation

Philippine Cashtrout Lending Corporation is a Philippine lending company registered under SEC Registration No. CS201910407 and Certificate of Authority No. 3015. It operates the digital finance platform Mocasa. Older records also associated the company with PesoMio and CashOyo.

Mocasa products

Mocasa provides:

  • online cash loans;
  • a virtual credit wallet;
  • a virtual Mastercard for eligible users;
  • instalment and buy-now-pay-later services.

The current Mocasa app advertises cash loans with:

  • amount from PHP 1,000 to PHP 50,000;
  • repayment period from 91 to 365 days;
  • maximum APR of 144%;
  • possible third-party payment fee of up to PHP 20.

A published example shows that a PHP 10,000 loan for 91 days may have monthly interest of 5.5% and a service fee of 16.5%, resulting in a total repayment of PHP 13,300.

The virtual Mastercard may provide an interest-free period of up to 50 days when the entire balance is paid within the required period. Final limits and fees are determined individually.

Application and contacts

Website:

mocasa.com

Application:

Mocasa – Pay Later & Quick Loan

Borrowers should use the official Mocasa app and website. Mocasa should not be confused with MocaMoca, which is a different lending platform operated by Copperstone Lending Inc.

Is Philippine Cashtrout Lending Corporation Legit?

Yes, the Philippine Cashtrout Lending Corporation is legit. It registered with the Securities and Exchange Commission (SEC), with Registration No. CS201910407 and Certificate of Authority No. 3015. To verify this information, you may also visit the official SEC website.

If you want to file a complaint against "Philippine Cashtrout Lending Corporation", you may leave a review or contact the SEC by email at [email protected] or by calling the SEC Call Center at 02-5322-7696.

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How much money do you need? {{Number(sliderCurrentValue).toLocaleString()}} 500 ₱ 50000 ₱

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