Geodata Cash

Description

Geodata Cash is a mobile lending platform that offers cash loan services to qualified users in the Philippines. Through the app, customers can apply for a loan, view available offers, review repayment details, and manage their loan history from one convenient location.

The loan application can be completed directly on a mobile device. Once the applicant submits the required personal information and supporting documents, the application will undergo an eligibility and assessment review. When a loan offer is available, its complete terms will be presented in the app for the user to examine and accept before the loan is confirmed.

Loan Terms and Details

Repayment Period: 91 to 360 days

Loan Amounts Available: ₱1,000 up to ₱200,000

Service Fee: 2% of the loan amount (₱20 to ₱4,000)

Annual Interest Rate: 8% to 30%

Maximum Annual Percentage Rate: Up to 36%, inclusive of applicable interest and fees

Repayment Schedule: Determined by the loan arrangement shown in the app

Applicable Charges: Disclosed to the user before final loan acceptance

The approved loan amount, repayment period, interest rate, service charges, payment due date, and total amount payable are determined by the application assessment and the final loan offer presented through Geodata Cash.

Breakdown of Loan Costs

Consider borrowing ₱28,000 for 91 days, to be repaid in three installments, at an annual interest rate of 26.82%:

Interest per installment: ₱617 (₱28,000 × 26.82% ÷ 365 × 30)

Payment amount each time: ₱9,951 (principal plus interest)

Total interest over the term: ₱1,852

Service fee charged: ₱560 (2% of loan)

Total amount to repay: ₱29,852

Loan amount sent to your account: ₱27,440 after fees

This example is provided for illustration only. The borrower's actual interest, charges, and repayment amount will depend on the final loan terms displayed in the app before acceptance.

Services Available in Geodata Cash

Apply for a Loan

Applicants can enter their personal details and provide the information required for loan assessment through the app.

Examine the Final Loan Offer

Before confirming a loan, users can review the approved principal amount, repayment term, interest charges, service fees, due date, repayment schedule, and total amount payable.

Monitor Application Status

The app allows users to follow the progress of their application, including statuses such as under review, approved, declined, or completed.

View and Manage Repayment Information

Users can access upcoming payment dates, repayment amounts, previous loan records, and other relevant account information within Geodata Cash.

Maintain Account Details

Customers may review or update eligible account information in accordance with the requirements and procedures provided in the app.

Applicant Eligibility Requirements

To apply through Geodata Cash, an applicant should:

Be at least 18 years of age

Be a current resident of the Philippines

Have an active mobile phone number

Possess a valid government-issued identification document

Maintain an eligible receiving account registered in their own name

Submit accurate, complete, and verifiable application information

Submitting an application does not guarantee loan approval. Every application is evaluated through the applicable verification, eligibility, risk assessment, and approval procedures.

Responsible Borrowing Notice

Review the loan amount, interest, fees, due date, and total repayment before accepting an offer. Borrow only according to your actual needs and repayment ability.

Late repayment may result in additional charges and affect future eligibility. Please repay on or before the due date.

Privacy and Information Protection

Geodata Cash handles personal information according to its Privacy Policy.

User data may be used for identity verification, application review, risk assessment, loan processing, repayment management, fraud prevention, account services, and customer support.

For questions, contact: [email protected].