Cashalo: Lazada Loan App Review, Is it Good?

Cashalo: Lazada Loan App Review, Is it Good?

All about Lazada 💻 100% Online ✨ Up to P16,000 📱 Loan App 🤔 Buy now pay later ✅ Complaints and reviews

What is Cashalo?

Have you ever found yourself in a tight spot with little or no access to funds? Cashalo offers a convenient, fast, and secure way to borrow money in the Philippines with no collateral or credit checks.

Through the Cashalo loan app, you can get quick cash from P1,000 up to P7,000. With an easy application process, you can receive the money in less than 24 hours, which you can access from your bank, GCash, or PayMaya. The cash can also be credited to your Lazada Wallet in 1-3 business days.

Aside from cash loans, Cashalo offers Lazada shoppers low-interest loans and installment options on purchases. This integration makes it easier for users to use both platforms for their financial and shopping needs.

How does the Lazada loan work?

Many people are unaware that Lazada offers loans to help consumers finance their purchases through Lazada Loans. Under this financing program, Lazada customers can take out loans to be paid off in installments over several months.

Lazada partnered with Cashalo and other online lending companies to facilitate the loan process. Alternatively, you can check out Lazada loan Billease if you want to compare interest rates and terms.

As Cashalo is the best Lazada loan partner, you can download the Cashalo app for Android or iOS and apply for the Lazada loan application through the app. Upon submission of requirements and approval, you can apply for a cash loan and get the funds instantly or in less than 24 hours, depending on the cut-off time.

What is “buy now and pay later”?

In a straightforward sense, “buy now, pay later” is simply purchasing an item now but paying at a later time. This also includes paying in installments on Lazada. This method makes it easier to purchase items that might not be affordable at one-time payment because it stretches out the payments over a longer period of time.

It’s a great way for Lazada shoppers to buy the products they want without having to pay for them all at once.

The “buy now, pay later” offer is also included in the Lazada loan app integrated into Cashalo. You can get up to P2,000 credit line under the “buy now and pay later” program.

How can I apply for a loan with Lazada loan?

The Lazada cash loan process is simple and typically only takes a few minutes. After registration and submission of application requirements, wait for confirmation through the e-mail address you’ve provided. You need to verify your e-mail to start using the Lazada loan Cashalo app.

Once inside the app, tap on the “Lazada Loan” icon and complete the registration process.  By default, you can borrow cash of up to P7,000. Your credit limit will depend on how much information you provide to prove that you are not a credit risk. So, submit as much information as you can to get the maximum cash amount.

What are the requirements for Lazada loan?

To be approved for the Lazada loan and “buy now, pay later” program, you have to submit the following:

  • ID information (ID photo with readable text, e.g., valid passport, SSS, Driver’s License, Pag-ibig, etc.)

  • Personal information (name, middle name, gender, birthday)

  • References information

  • Work information (optional)

Details about your work are not a necessary requirement, but if you want to increase your credit limit, you must provide work information. Also, the more IDs you provide, the higher the chances of getting approved for the loan. Make sure that the personal information you provide matches that on your ID.

How much does Lazada loan?

The loan amount will depend on the information you provide to Cashalo. It also varies across Lazada loan partners.

For Cashalo, if you provide all the four requirements mentioned above, you can:

  • Borrow up to P7,000 cash.

  • Shop in installments on Lazada for up to P16,000.

  • “Buy now, pay later” for up to P2,000.

If you do not provide work information, you can:

  • Borrow up to P3,000 cash.

  • Shop in installments on Lazada for up to P4,500.

  • “Buy now, pay later” for up to P2,000.

How to pay Lazada loan?

As your loan is being coursed through Cashalo, you can pay through various payment channels. If you prefer to pay online, you can pay your Lazada loan to GCash, PayMaya, BDO Online Banking, and Robinsons Online Banking.

Alternatively, you can pay over the counter and through remittance and payment centers:

  • 7-Eleven

  • Bayad Center

  • BDO branches

  • Cebuana Lhuillier Bills Payment

  • Digipay

  • ECpay

  • LBC

  • Robinsons Bank Bills Payment

  • Robinsons Business Center (located in Robinsons department store)

  • SM Business Centers

  • TrueMoney

Interest rates

The Lazada loan Cashalo interest rates will depend on the amount and the loan payment terms. Typically, a P5,000 cash loan carries a 5% interest rate. The lowest effective rate can be as low as 2%. You can always check the interest rates from the app for different loan terms before you apply.


Lazada purchases can be paid in installments if you use Cashalo. Typically, Cashalo offers up to 8 monthly installments.

What can happen with a Lazada loan unpaid loan?

A Lazada loan can be a great tool for those who need money but do not qualify for a traditional bank loan. It may be easy to get a loan from Lazada, but there are many implications of not paying back the loan.

The first thing that can happen with an unpaid Lazada seller loan is that they will start charging you for late payment fees. They can also charge interest on top of what you owe them originally.

Cashalo will most likely contact you repeatedly with a reminder of the date on which they expect repayment. So, make sure that you pay on time.

Is Lazada loan legit?

Yes, Lazada loan Philippines is a legit lending program that you can avail of with confidence. Lazada Philippines is part of the Alibaba Group, which is one of the world’s biggest e-commerce and technology companies.

Many Lazada loan reviews have pointed out that people apply for a loan on the strength of the Lazada brand. Cashalo, on the other hand, is owned by Hong Kong-based Oriente, to which Gokongwei-owned JG Summit Holdings is an investor. Furthermore, all Cashalo loans are financed by Paloo Financing Inc., which is registered with the Securities and Exchange Commission.

Lazada Loan App

With Lazada Loan App you can get the most of your online shopping using the buy now and pay later option, as also to access to different promotions and gifts.

You can download the Lazada App from the next links:

  • Download the Lazada App from the Google Play Store here.
  • Download the Lazada App from the Apple App Store here.

Lazada Loan Customer Service

If you have questions or need assistance with your Lazada loans, you can contact Cashalo.

Cashalo Phone Numbers:

  • Hotline: (02) 8-470-6888
  • Smart  (0908) 880-4642
  • Globe  (0917) 1850178

Cashalo e-mail address:

If you wish to contact Lazada Loan Philippines, you can visit their Help Center .

Lazada Loan Complaints

The most common complaint that you will find in Lazada loan reviews is that Cashalo will repeatedly call days before the due date to remind you of your payment; more so if you fail to pay on time. This aggressive payment reminder approach can be annoying and disruptive.

Lazada Loan Reviews

Lazada loan reviews are generally positive. The quality of service will depend on the loan partner. Cashalo’s processing time and disbursement time are satisfactory. Loan applications are usually approved within a reasonable time frame.

The interest tends to be higher than some of its competitors in the online lending app space. Of course, this will depend on the loan amount and terms. This is particularly evident in the “buy now, pay later” installment plans. The longer the term, the higher the interest rate.

If you want to avail yourself of a Lazada loan, Cashalo is a legit loan partner. You can have peace of mind as long as you pay on time.

Have you used the Lazada loan app? Share your experience here.

Nina Garcia

I would not recommend Lazada Loan, cause in the agreement, rate at 4.1% per month, however if you calculate it, interest per month is 48.96%. Cause if its 4.1% per month, repayment must be 3036.25, however monthly repayment at 4344.634 per month for 35K loan for 12months. It means that there are hidden charges of 1308.38 per month which is not disclosed in the agreement

Send your review
This article was updated on 14 april 2024