Cashspace Loan Review: Cashspace offers 0% interest loans to new customers – What You Need to Know Before Applying!

Looking for a quick and easy loan without hidden fees? Cashspace offers 0% interest loans to new customers. With just one application, you’ll gain access to a curated list of top loan offers, all at no cost to you. The partner lenders of Cashspace are prepared to meet your needs, regardless of whether you’re worried about your credit history or require money right now. Read on to find out how Cashspace can simplify your borrowing experience.

Cashspace Loan Overview

Cashspace	0% Interest Loans to New Customers
Loan amount	₱1,000 – ₱25,000
Age	18 – 70 years old
Loan term	61 – 120 days
Interest rate	0% for new clients (APR 12% – 36%)
Requirements	Valid government-issued personal ID
Repayment	E-wallets (GCash, Maya), Payment centers (e.g., 7-Eleven, Cebuana Lhuillier), Bank transfer
Pros	⭐0% interest for new clients ⭐Fast and easy application process ⭐No origination fees ⭐No hard credit checks ⭐Flexible repayment terms
Cons	❌Higher interest rates for some loans ❌Not a direct lender; acts as an intermediary
Apply for a Cashspace Loan	Link Here

What is Cashspace?

Cashspace is a financial intermediary platform that simplifies the loan application process by connecting borrowers with suitable loan offers from reputable financial partners. It provides a fast and secure way to meet financial needs, allowing users to complete applications in as little as 5 minutes without a credit check. With loans ranging from 1,000 to 25,000 PHP, terms from 2 to 4 months, and competitive interest rates starting at 0% for new clients, Cashspace boasts a high approval rate and a user-friendly, free service that ensures personal and financial information is securely protected.

Cashspace Loan interest rates

Cashspace loans feature varying interest rates depending on the lender and loan terms. Typically, interest rates for Cashspace loans range from 12% to a maximum APR of 36%. New clients may benefit from promotional offers, including loans with a 0% interest rate. For specific rates and terms, it’s best to review the details on the website of the lender offering the loan.

Example of Cashspace Loan interest rate calculation

To illustrate how interest rates are calculated for a Cashspace loan, consider the following example:

• Loan Amount: ₱10,000
• Interest Rate: 36% per annum (3% per month)
• Loan Term: 3 months

Monthly Payment Calculation:

• Principal Repayment: ₱10,000 / 3 months = ₱3,333.33 per month
• Monthly Interest: ₱10,000 x 3% = ₱300 per month
• Total Monthly Payment: ₱3,333.33 (principal) + ₱300 (interest) = ₱3,633.33

Total Repayment Over 3 Months:

• Total Principal: ₱10,000
• Total Interest: ₱300 x 3 months = ₱300
• Total Amount Payable: ₱10,000 (principal) + ₱900 (interest) = ₱10,900

In this example, if you borrow ₱10,000 for 3 months at an interest rate of 36% per annum, you will repay a total of ₱11,000, with ₱900 being the interest charged over the term of the loan.

Pros and cons of Cashspace loans

👉 Get a 0% interest loan up to PHP 10,000 here!

Conditions to receive a loan from Cashspace

To receive a loan from Cashspace, applicants must meet the following conditions:

• Age Requirement: You must be between 18 and 70 years old.
• Residency: You must be Filipino citizens currently residing and working in the Philippines.
• Identification: A valid government-issued personal ID is required.
• Contact Information: You must provide a personal email address and phone number.
• Bank account: A valid bank account is required to receive the loan amount.
• No Credit History Check: There is no minimum credit score required, making it accessible to individuals with poor credit history.

These straightforward requirements make Cashspace an attractive option for many borrowers looking for quick and easy access to funds.

👉 Get a 0% interest loan up to PHP 10,000 here!

Steps to apply for a Cashspace loan

To apply for a Cashspace loan, follow these steps:

Step 1: Go to the Cashspace official website. 👉 Cashspace Official Website

Step 2: Choose the loan amount that suits your needs.

Step 3: Complete the registration form with your full name, date of birth, phone number, email address, and other necessary details.

Step 4: After filling in the required information, submit your application.

Step 5: Based on your application, Cashspace will provide you with loan proposals from their lending partners.

Step 6: Select the most suitable loan package from the provided options and click the “Get Money” button.

Step 7: You will receive an approval notification via SMS.

Step 8: Once approved, the loan amount will be directly transferred to your registered bank account.

👉 Get a 0% interest loan up to PHP 10,000 here!

You can see details on how to register in the video below 👇

How to repay a Cashspace loan

Repaying a Cashspace loan is straightforward and can be done through various convenient methods:

• E-Banking: Use your online banking app to transfer the repayment amount directly from your bank account.
• E-Wallet Applications: Pay using popular e-wallet applications such as GCash or Grabpay.
• Payment Centers: Visit payment centers like 7-Eleven, SM Payment, or Cebuana Lhuillier to make your payment.
• Bank Transfer: Conduct a bank transfer over the counter or at an ATM.

Ensure you check your loan details for the due date and amount, choose the most convenient payment method, make the payment, and confirm that it has been processed. Paying on time is crucial to avoid late fees, and if you encounter any issues, contact Cashspace customer support for assistance.

Customer reviews and feedback about the Cashspace Loan

Cashspace Loan has received positive customer reviews and feedback with 312,000 satisfied clients, particularly for its quick and easy application process, fast disbursement, and flexibility in approving loans even for those with bad credit. Customers appreciate the 0% interest rate for new clients and the lack of service fees, which make it an attractive option for urgent financial needs. Many users have highlighted the platform’s efficiency in providing personalized loan offers from various financial partners, ensuring that they find suitable loan solutions. The high approval rate and simple requirements, such as just needing a valid government-issued ID, are also frequently praised. Overall, Cashspace is seen as a reliable and convenient option for micro-loans in the Philippines.

👉 Get a 0% interest loan up to PHP 10,000 here!

Cashspace Loan Alternatives

Evaluation criteria	Cashspace Loan	Moneycat	Kviku Loan
Promotion	0% Interest Loans to New Customers	First loan for FREE	First loan for FREE
Loan amount	1000 – 25000 peso	500 – 20000 peso	500 – 20000 peso
Interest rate	0% for new clients (APR 12% – 36%)	11.9%/month, max APR of 145%	11.9%/month, max APR of 145%
Loan term	61 – 120 days	3 to 6 months	3 to 6 months
Age	18 – 70 years old	22 – 65 years old	22 – 65 years old
Approval time	15 minutes	15 minutes	15 minutes
Approval rate	95%	80%	80%

Cashspace customer service contact information

You can contact Cashspace customer service using the following details:

• Cashspace is a brand of the company Fininity Ltd
• Address: Tartu street 52/1-166, 10115, Tallinn, EE.
• Hotline: +632 8888 8888

For specific inquiries or support, it’s best to reach out to them directly through their hotline or email.

Frequently asked questions about Cashspace loan

Is Cashspace Loan legit?

Is Cashspace a loan shark?

What happens if I don’t pay my debt on time?

How much can I borrow from Cashspace?

How to pay Cashspace Loan using GCash?

How to pay Cashspace Loan using Paymaya?

Does Cashspace call my contacts?

Cashspace typically does not call your personal contacts during the loan application or repayment process. They mainly communicate directly with you regarding your loan. However, if you miss payments and do not respond to their attempts to contact you, Cashspace may reach out to your contacts as part of their efforts to resolve the issue. This is a common practice among lenders to ensure repayment. To avoid such situations, it’s best to communicate with Cashspace if you’re having trouble with your repayments.

Advice for you before borrowing money from Cashspace

Before borrowing money from Cashspace, consider these key pieces of advice:

• Understand the Terms: Thoroughly review the loan terms, including interest rates, repayment schedule, and any fees. Ensure you are clear about how much you will owe in total and the monthly payments required.
• Assess Your Financial Situation: Evaluate your current financial situation to determine if you can comfortably manage the repayments. Ensure that taking on the loan won’t strain your finances or lead to further debt.
• Check Your Credit History: Although Cashspace not require a credit check, it’s still wise to review your credit history. Understanding your credit status can help you make informed decisions and prepare for any potential impacts on future borrowing.
• Compare with Other Lenders: Compare Cashspace’s loan offers with those from other lenders. This will help you determine if Cashspace offers competitive terms and rates.
• Plan for Repayment: Develop a clear plan for repaying the loan. Set up reminders and budget for the monthly payments to avoid missed payments and potential penalties.
• Contact Customer Service: If you have any questions or concerns, contact Cashspace’s customer service for clarification. Understanding the details of your loan agreement can prevent misunderstandings.

👉 Get a 0% interest loan up to PHP 10,000 here!