UnaCash is one of the fastest and convenient loan app in 2022. Users can apply for a Credit Line which can be used for the Cash Loan, Shopping Installments and Lazada Wallet Credit!

Credit line usage:
1. CASH LOAN
Easily transfer your credits to your bank account after loan approval
2. LAZADA WALLET CREDIT
You can also choose to shop at Lazada by converting your credits to Lazada Wallet Credits!
3.SHOPPING INSTALLMENT UP TO 0% INTEREST
Using your credit, shop from our merchants which offer installment items; gadgets, beauty, fashion, automotive, home, grocery and a whole lot more!

More amazing features:
1. Automated credit renewal
Once you pay thru our convenient online payment partners, your credit instantly replenishes!
2. No hidden charges
Get the full amount of your loan, UnaCash makes sure you get 100% of the cash/credit you need.
3. No Downpayment for shopping installment
Shop from our Merchant Partners without any downpayment, we make sure you get the items you wanted without having to pay cash upfront!

Credit line amount:
min PHP 2,000
max PHP 50,000

Loan terms:
min 2 months (at least 61 days)
max 6 months

Number of payments:
2 times a month up to 6 months

Annuity interest rate:
UnaCash Loan 13% per month (0.43% per day)
UnaCash Credit Line from 0%

Disbursement fee:
PHP 0

No loan disbursement and/or servicing included.
Early repayment available any time after loan disbursement.
Accrued interest cannot be cancelled in case of early repayment.

Late Payment. The payment made beyond the stipulated due date shall be charged with an applicable late payment fee, which shall be computed from installment due date up to the date of actual payment. The Late Payment Fee – PHP 800.

Penalty. Upon failure of the Borrower for any cause whatsoever to pay any of the payments when due (single or installment payment), the Borrower hereby acknowledges that the entire outstanding balance of the Loan Amount shall, without need of demand, immediately become due and demandable. Any and all unpaid and demandable installment payments shall be subject to penalty charges at the rate of 10% per month (0.33% per day) until fully paid. In the event of the Borrower’s default, the Borrower shall pay the costs of collection of the Promissory
Note, including reasonable attorney’s fees in an amount not to exceed 50% of the amount due and payable, which sum shall in no case be less than PHP 25,000).

Maximum APR: 157%
Minimum period: 61 days
Maximum period: 180 days

The online cash loan cost is calculated:
Amount to be returned = Loan Amount + Interest Amount, where
Interest Amount = Loan Amount * Loan Period * (Rate in %)

Interest is accrued to initial loan amount and included into repayment, e.g.:
Online cash loan amount = PHP 10,000
Term = 5 months
Interest rate = 13% per month
Interest amount total = PHP 6,500
Repayment (bimonthly) = (10,000 + 6,500)/5/2 = PHP 1,650
Repayment (monthly) = PHP 3,300
Total amount to be paid by client = PHP 10,000 + PHP 6,500 = PHP 16,500