CashBee Loan App: Approval, Harassment and Reviews - Is Legit?

CashBee Loan App: Approval, Harassment and Reviews - Is Legit?

What is CashBee Lending Services Inc?

Cashbee Philippines is an online lending platform that provides Filipinos access to quick cash when they need it. Through its Cashbee online app, the company makes borrowing money easy and convenient. Unlike banks and traditional lending institutions, Cashbee does not require a paperwork, credit check, or collateral.

CashBee online loan, how does it work?

CashBee’s loan application process takes less than 10 minutes to complete. You must first download the Cashbee app from the website and install it on your desktop or laptop. Alternatively, you can download the app from the Google Play Store or the Apple App Store.

Once you have registered, fill out the loan application form. Indicate the loan amount and submit a valid ID and a selfie. You will be notified via the Cashbee app and SMS if your loan is approved within 24 hours. Upon CashBee approval of the loan, you can get the money within minutes.

How much does CashBee loans?

CashBee offers loan amounts ranging from P2,000 to P20,000. The interest rate is listed as 0.3% per day. The loan can be repaid in 7 to 10  days. It’s worth noting that CashBee may not approve the maximum amount for new borrowers. However, for subsequent loans, the approved loan amount may be higher.

Is CashBee legit? Is SEC registered?

Yes. CashBee is a legit online loan app. It’s operated by CashBee Lending Services Inc., which was registered with the Securities and Exchange Commission in the Philippines on July 26, 2019. It has a certificate of authority to operate as a lending company.

How long does it take to have the money?

When your loan application is approved, you’ll get your money within minutes of approval. In some cases, the money is disbursed within 24 hours. It may take a little longer to receive the fund if the approval falls on a holiday or on the weekends. If this happens, you’ll receive the money on the next business day.

You can collect the money from any RD Pawnshop or M. Lhuillier branch. You just need to have the control number that you’ll find on your CashBee app.

CashBee Philippines, how to apply for a loan?

CashBee is one of the online lending services that make borrowing money so fast and convenient. With CashBee, you can borrow up to P10,000 without having to go through a credit check or fill out any paperwork. They streamline the loan application process by keeping the requirements to a minimum:


  • You must be between 18 and 65 years old.

  • You must have one (1) valid government-issued ID.

  • UMID

  • Passport

  • Postal ID

  • Driver’s License

  • PRC ID

  • GSIS/SSS Contribution

  • Selfie

How do I pay the CashBee loan?

There are a few ways to pay your CashBee loan. You can either pay online or offline. CashBee’s accredited partners are RD Pawnshop, M. Lhuillier, GCash, and 7-11 via SkyPay. You need to have your Contract Number and a valid ID to pay for your loan.

What happens if I can't pay?

If you fail to repay your loan in the agreed period, you may be charged with late payment fees and other penalties associated with non-payment. If you default on your loan, the company may resort to legal actions to force you to pay. But before this happens, you’ll get phone calls from CashBee agents who’ll employ aggressive collection tactics to get you to pay.

CashBee PH benefits

By using the CashBee app, you’ll be able to enjoy many benefits, including:

  • Quick access to cash when you’re in a bind. It’s an easy way to get your hands on much-needed funds for emergencies, bills payment, shopping, or unexpected expenses.

  • No paperwork or credit check. When you apply for a loan with CashBee, you don’t have to jump through hoops to get documents. You also don’t have to worry if you have a low credit score or if you don’t have a credit score at all.

  • No collateral. CashBee loans are unsecured, meaning you don’t need to use your assets, such as your home or car, as collateral.

  • The CashBee app is easy to use and navigate. It also has user-friendly features that make borrowing money as painless as possible.

CashBee vs T-Money

CashBee Philippines should not be confused with Cashbee and T-Money transportation cards. Both Cashbee and T-Money are used on public buses and subways in cities and locations throughout South Korea. Cashbee is purely a transportation card, while T-Money also functions as payment method at selected shops.

CashBee app

The CashBee app works on iPhones and Android phones. The app can be downloaded from the Google Play Store and App Store. The entire loan application process can be done on the CashBee app. You don’t have to go elsewhere to submit your application. You can also track your loan balances using the app to make sure you pay on time.

CashBee Loan app download

You can also download the APK from the CashBee site, but you’ll need an emulator to run it on a Windows 10 PC. It’s not advisable to use CashBee APK because there are risks associated with using it, including virus and data privacy issues.

CashBee contact number

  • Phone number (CashBee Hotline): (02) 5310 2079

CashBee Complaints

CashBee appears to be a good option to make loans, but it’s not without its issues. Borrowers complain that the interest rate on the loan is higher than what’s listed on the site. Moreover, the 7-10-day loan term makes it difficult for borrowers to pay.

But what really upsets many borrowers is the overly aggressive way of collecting payments. Apparently, some users have experienced harassment from rude agents who go as far as to threaten legal action as well as social media shaming of those who are unable to pay or are late in paying.

CashBee Review

CashBee has an average rating of 2.5 stars in the App Store and less than stellar reviews in the Google Play Store. While the CashBee loan reviews are generally negative, there are still some things that CashBee is doing right—the fast loan application processing and the disbursement of funds. But this is easily eclipsed by reports of CashBee harassment and other CashBee complaints.

Armel Panague Espinosa

This online lending application is so bad, there Ola agent, force you to pay even you have no money. They posted your fb account details on social media. They texted and called your references not good, they too much harassment. I wonder why SEC ALLOW TO OPERATE THIS ONLINE LENDING COMPANY. They are not good and they give mental and health problems to their clients.

Alisha Bano

Really bad not recommend ussing itthey misuse your photos and information. The agents edit your pictures.

Suman Kumar Das

My loan approved on 2 apr, repayment option has also came in the app. but i have not received the disbursed amount yet from cash bee


Thank you

Roger Michelli Pumarada

I can't find how to follow up my loan application

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This article was updated on 24 july 2024