Madaloan 1.0.5

Company Information

• Company name: IFun Lending Corp.
• SEC Registration No.: 2021090025243-01
• Registered Business Name: MadaLoan
• CERTIFICATE OF AUTHORITY NO. L-21-0061-15

Please take a moment to familiarize yourself with the loan terms and conditions available on our website or reach out to our customer service department for additional information:

• Working hours: 8 am to 6 pm (Monday to Saturday)
• Global Phone: +639171438842
• Email: [email protected]
• Address: Salcedo Avenue, Makati, Kalakhang Manila, NCR, Philippines

1. Product Introduction

• Loan amount: ₱ 1,500 - ₱ 8,000
• Loan term: 120 days, 150 days, or 210 days
• Interest rate: The highest APR is 18.25% per year, with a daily rate of 0.05%
• Transaction fees: ₱20 - ₱130 (Paid in advance by the successful loan channel)
• Service Fee: 0%

For instance, if you borrow ₱6,000 over a 120-day term (4 months) with a daily interest rate of 0.05%, a transaction fee of ₱20, and no service charges:
Service fee: ₱6,000 * 0% = ₱0,
Amount received: ₱6,000 - ₱20 = ₱5,970,
Total Interest Charge: ₱6,000 * 0.05% * 120 = ₱360,
Monthly Interest Payment: ₱6,000 * 0.05% * 30 = ₱90,
Total Repayment Due (Loan + Interest): ₱6,000 + ₱360 = ₱6,360,
Monthly Installment (Principal + Interest): ₱6,360 / 4 = ₱1,590.

2. Eligibility Criteria

• - Only for Filipino individuals aged between 18 and 60
  - Filipino citizens
  - Employed individuals

  3. Platform Overview

  MadaLoan is an online loan platform that holds valid registration with the Philippine SEC offering loan services. As a well-regarded application for loans in the Philippines, MadaLoan caters to employed and self-employed individuals.

  4. Platform Benefits

  MadaLoan's primary objective is to assist in solving financial difficulties by providing loan solutions through its application. Acquire loans conveniently with no interest charges to fulfill your financial requirements.

  5. Repayment Process

  You can settle your repayment at various convenient locations like 7/11, Mluillier, Gcash, PAYMAYA, and any nearby bank branches such as BPI or UBP.

  Don't hesitate! Download our online loan application today and experience financial freedom!</ponda.getLongitude()

   
   
   
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