Cashwagon is a former online lending platform that operated in the Philippines from 2017 to 2019. It offered short-term personal loans to Filipinos through its mobile application.
Is Cashwagon Legit?
Cashwagon was a registered and licensed lending company with the Securities and Exchange Commission (SEC). However, it has faced allegations and criticism regarding its lending practices and customer service.
Cashwagon Contact Number?
Cashwagon’s contact number is no longer available since the company has discontinued its operations.
Cashwagon Loan Calculator?
Cashwagon’s loan calculator was used to estimate the monthly payments and interest rates for different loan amounts and terms. Regrettably, the calculator is no longer accessible as Cashwagon is no longer operational.
Cashwagon Loan Requirements?
To qualify for a Cashwagon loan, borrowers had to meet certain requirements, including:
- Being a Filipino citizen
- Being at least 18 years old
- Having a valid ID and proof of income
What Happened to Cashwagon?
In 2019, Cashwagon came under investigation by the SEC for alleged violations of lending regulations and data privacy concerns. The investigation resulted in the suspension of Cashwagon’s license and the eventual closure of the company.
Cashwagon Victims?
After Cashwagon’s closure, numerous complaints and stories from alleged victims surfaced. Borrowers reported difficulties in repaying their loans and excessive interest rates.
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