Moneycat Loan App, Is It Legit? Reviews and Complaints

Moneycat Loan App, Is It Legit? Reviews and Complaints

All about the Moneycat Loan App: ✅ Verified reviews ✨ 0% Interest ✍ Is it legit? 🔥 Up to Php 10,000!!!

What is Moneycat?

Moneycat is an international online financial lending solution for salary workers that is now operating in the Philippines. The company name, Moneycat Financing Inc. is known to be one of the big players in the financial industry. Over the years, it has proven its services to many Filipinos in need by providing quick and easy solutions to their financial problems.

One thing you can expect about Moneycat is that they are very attentive when it comes to queries. They also lived by their saying of providing convenient borrowing, you can process your loan application with just 4 easy steps.

Moneycat stands in the financial lending industry as one of the lenders who provide customers a simple, fast, convenient, supportive, and safe form of borrowing even if it is done online.

How does Moneycat works?

As days go by, average salarymen in the Philippines are being financially challenged. But there is nothing to worry about because Moneycat is here to the rescue.

You only need a cellphone or a computer with a good internet connection and you’re good to go. Moneycat is known as a short-term lending company that offers loans to qualified Filipino applicants. Just visit their website, https://moneycat.ph/about to learn more about their promising loan terms and conditions that suit your needs.

You can avail of a 0% interest on your first borrowing. A great catch right? And the loan approval just takes minutes to be granted, very fast and reliable.

How can I apply for a loan with Moneycat?

Remember these 4 easy steps because they will save you from your financial troubles.

With your phone or computer, search for the official website of Moneycat, in this case, we already provided the website link for you https://moneycat.ph/ .

The step for the loan application starts here:

  1. Sign up and fill out the necessary information needed for the account verification. Some of the basic information are your full name, mobile number, and email account. Wait for the OTP for confirmation.
  2. Wait for at least 30 minutes for the call or message regarding your approval.
  3. Access your money from your designated bank within 30 minutes.
  4. Do not forget to make repayments for your loan obligations to avoid penalties and additional charges.

If you are interested in applying for a loan with Moneycat, here are the basic requirements.

  • A resident of the Philippines

  • Age 20 to 60 years old

  • Employed with stable income

  • Any government-issued ID

How much does Moneycat loans?

As an authorized financial lending solution, Moneycat can offer loans amounting from Php 500 to Php 10,000 on your first loan. But originally, it offers loans up to Php 20,000. The credit term ranges from 90 – 180 days (3 to 6 months) since it only offers short-term borrowing to avoid default payments from its borrowers.

Interest rates:

  • It offers 0% interest per day on the first loan.

  • If repeat loans, they will charge you with 1.50% interest per day or equivalent to 11.9%, and a maximum APR of 145%.

Take note that the interest repayment amount varies depending on how much money you borrow and how long the term is.

How do I pay for my Moneycat loan?

Through the following financial channels, you can easily repay your loans in no time.

  • Moneycat’s AUB Account (082-01-000183-5) via deposit slip

  • 7-Eleven (payment center)

  • Authorized Bayad Center

  • LBC

  • GCash

  • ECPay

  • DragonPay (Moneycat PH generated ID)

  • Robinsons Department Store

Make sure to pay for your loans on or ahead of time to maintain a good credit score and avoid penalties and additional charges, which can be burdensome to other borrowers.

Is Moneycat legit?

When it comes to money talks, it is a good thing that most people (borrowers) are being cautious. Worry not because Moneycat Financing Inc. or Moneycat, is a government-recognized financial operator in the Philippines. Meaning your money and information is in good hands.

A company like Moneycat is registered with the SEC (Securities and Exchange Commission) and oversees business registrations in the Philippines. The SEC company registration number of Moneycat, which can also be accessed on the official website of SEC, is CS201953073. The number for a certificate of authority is 1254. Rest assured that Moneycat abides by the mandated laws, rules, and regulations of the country.

Moneycat Application

Heads up Android users because you can download and access the official Moneycat application for free on your play store, type, and search for “Money Cat”. The Moneycat application received a 4.5 star from its users.

Just make sure, before applying for a loan, review first its terms and conditions and see if it is favorable on your side. If you're interested on downloading the Money Cat App just use the next links:

  • Download the Money Cat App from Google Play Store here.

Moneycat Customer Service

Any business offering services need to have a responsive customer service support team to easily address the concerns of the customers. If you are having any problems regarding the application and processing of loans with Moneycat, as well as the after-repayment concerns, you can reach them through the following channels:

Phone Number:

  • 0919 084 2138 (Smart)

  • 0917 710 8022 (Globe)

  • 190 063 6727 (Phone)

Email Address:

Moneycat Complaints and Harassment

By observing customers’ feedback across different internet websites talking about Moneycat, some of the common problems encountered by borrowers are the following:

  • Several customers are saying that they have an active loan, but they did not receive any money from it.

  • Some say that Moneycat is the worst lending application they ever used.

  • Another complaint is about troubles regarding the reflection of the loan repayment.

Moneycat Reviews

Despite having some negative feedback from some of its customers, Moneycat is continuing to address the queries and concerns of its customers. Don’t you think that is a good thing, instead of running away from your problems, why not face them and overcome them.

Some websites gathered positive reviews for Moneycat users like the Filipino Cash Loans, the website received a 4.5 review from first-hand Moneycat users. Additionally, the website All the Best Loan, the Moneycat website received a 4.42 rating also from first-hand Moneycat users.

Remember, in all businesses, problems are considered to be natural encounters, the only thing to do is to address them to avoid creating a domino effect to the existing problem.

Have you used the Moneycat Loan App? Share your experience here.

Mhareeya
1
2024-01-22

kinukulit ka kahit hindi pa due date mo.. matapang pa ang mga agent. tinatawagan ka every 15minutes kung di mo masagot tawag nila kahit di mo pa due date

Mariel Jane Lomboy
1
2023-07-28

My due date is on 31st but this money loan keeps on bugging me since this week until prior my due date! Agent is rude as well as if I may payment was delayed. To reiterate it isn't my due date yet!NOT GONNA LOAN ON THIS EVER!

Ma Elena Buenafe Lardizabal
2
2023-07-22

Based on Philippine law it is illegal . No law in the Philippines says a paymenrt of loan shoud be paid after 7 days afterwhich they will charge 1.5% a day that is too much to bare . Legal loans, offer loans and u will pay after 3 months or a month after . interest should be 5% to 6% per month only / per day it is only 0 .5%. Let us say you use your credit card 10k but they will only charge you 300 to 500 because they follow 3% interest rate per month. If it is cash then they can charge up to 6% or 600. only per month. So sad and bad maybe to much it is horrible

Kupal Yan
1
2023-03-08

naku first time papa loan ka like 600 php tapos bayadan mo ng 7 days nakuha na mga info mo nan after mo mag bayad offer daw na pwd reloan hehehe utot nyo para maganda lang feedback sa una lang yan tapos nakuha pa lahat personal at sensitive info mo.

Papatpatrpatripatricpatricipatricia Vvivilvillvillavillarvillaruvillaruevill Mimigmigumiguemiguel
2
2022-10-22

Na doble po payment qoh kung pwede po pki balik

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This article was updated on 24 june 2022