Zada Cash

Zada Cash stands out as a trusted financial partner in the Philippines, offering a secure and efficient lending service through its online platform. The core mission of Zada Cash is to fulfill the immediate financial needs of both individual Filipinos and business owners with ease and reliability. Through the ZadaCash application, users are empowered to choose their repayment schedule and receive funds swiftly, often within a single day, using their preferred payment method.

As of now, the Zada Cash mobile application has surpassed 100,000 downloads, reflecting its growing popularity and trust within the community. Its most recent update was rolled out in November 2023, further enhancing its user-friendly interface and service offerings.

Is Zada Cash legit?

Officially sanctioned by the SEC, this digital loan service operates under the banner of Convenience Cash Lending Corp., boasting full accreditation and regulation by the Securities and Exchange Commission of the Philippines. It proudly carries the Registration Number 2020090002200-05 and the Authority Number 3319, both granted in March 2020.

Requirements for a Zada Cash Loan

Before applying for a loan with Zada Cash, it’s crucial for individuals to meet the lender’s eligibility criteria and be familiar with the company’s terms and conditions. Prospective borrowers must:

• Be Filipino citizens, aged between 18 to 65.
• Hold valid identification.
• Be employed.
• Reside and work in the Philippines.

The range of accepted government IDs includes SSS, PhilHealth, Postal ID, Voter’s ID, Passport, OFW E-Card, Agency ID, Driver’s License, UMID, PRC, TIN, and Senior Citizen ID, ensuring applicants have multiple options for verifying their identity. This comprehensive approach facilitates a secure and efficient loan application process, in line with Zada Cash’s mission to provide accessible financial solutions to Filipinos across the country.

How to get a Loan at Zada Cash

For Zada Cash, protecting client privacy is paramount. Each applicant is asked to provide a photograph of a government-issued ID, along with supplementary documents to verify their identity and assess their creditworthiness. Zada Cash upholds a strict policy against sharing personal information with third parties, ensuring borrower data remains confidential. To understand the specifics of their privacy practices, individuals are encouraged to review the privacy policy through the link provided.

The procedure for obtaining a loan is streamlined for user convenience. After validation, funds are promptly transferred to the borrower’s preferred method of withdrawal. To secure a loan, applicants should:

• Download the Zada Cash App on an Android smartphone.
• Fill out the application with all required details.
• Submit a valid government-issued ID (options include Driver’s License, SSS ID, UMID, TIN ID, PRC ID) to finalize the application process. Approval is typically instantaneous.
• Following approval, the loan amount is directly sent to the chosen cash-out method.

Zada Cash offers various repayment channels, including online banking, traditional bank transfers, and electronic wallets, to accommodate different preferences. In case of repayment challenges, particularly with overdue loans, borrowers are encouraged to contact Zada Cash directly for assistance.

It’s important for borrowers to adhere to their repayment schedule to avoid incurring late fees. Zada Cash issues reminders for payments nearing their due date to help clients stay on track.

Speed of Loan Disbursement

Once approved, Zada Cash ensures that your loan amount is promptly credited to your chosen method of withdrawal, typically within the same day. If you opt for a bank transfer, the funds should be in your account within 24 hours.

Understanding diverse needs, Zada Cash facilitates a variety of withdrawal options, including Gcash, ML or 7-11, RD Pawnshop, or direct deposit into your bank account, catering to your convenience and preference.

Customer Service at Zada Cash

Zada Cash proudly declares its mission to uplift the financial well-being of Filipinos by offering superior credit solutions. Integral to this mission is the commitment to exceptional customer service. Although a direct contact number for loan inquiries is not available, Zada Cash encourages customers to reach out through email for prompt and attentive support. This approach ensures that every customer receives timely assistance and guidance, reflecting Zada Cash’s dedication to fostering positive and supportive interactions with its clientele.