We all need a little help sometimes.
CashNow is here to help. We want to make our loans accessible to as many people as possible.
We have tried to make our requirements as easy as possible for you to accomplish.
There are no exceptions on our requirements. All must be submitted to qualify for a loan.
For our loans, we are looking for the following customer:
Must be at least 18.
Must have been employed for at least 12 months.
The income you earn is at least P10,000 net per month.
We need to verify your employment. So please provide us a copy of your company ID. The ID should have
your signature on it as well. If the signature isn't visible or your ID doesn't have a signature, we will require
two additional valid government IDs.
In addition, we need a Certificate of Employment (COE). The COE should be on company letterhead, dated
in the last 30 days and should state the following information:
Your date of hire.
Your current salary (as a monthly or yearly salary).
We need to verify your home address. For that we need a proof of billing. This can be a electric or phone bill. We understand that many people who need our services can't get a proof of billing in their name. That's
ok if you don't have as you can also use a bank statement if it has your address. We will no longer accept a
barangay clearance as proof of billing.
Since our service is performed entirely online, you need a bank account that is in your name. We
will deposit your money into this account. This must be your personal savings account and not a payroll only
account. If your payroll account is also your personal account, that is acceptable. But if your only account is
a payroll only account, your loan will not be approved.
For us to verify your income, please provide us with that last 3 months of your bank statements and 3 months of your pay slips.
Authorized auto debit agreement - please sign and return the auto debit agreement to the local branch of your bank. In addition, please upload a copy to your profile here at CashNow. All of our loans must have an auto debit agreement in place.
And lastly we need ways to communicate with you. Please provide us with your home (mobile), work phone numbers, and a valid email address. For the email address, please don't register a new email address just for
our loans. The reason is that you will receive notifications of your approval, your loan deposited into your
account, and other items via email.
*We reserve the right to require additional items should it prove necessary to validate your loan.