Philippines loan app review
Mocasa Loan App Review
Mocasa
· Pay Later & Quick LoanPhilippines Cashtrout Lending Corporation
What We Could Verify
- Early repayment: Pay before the end of the billing cycle and pay principal plus actual accrued daily interest.
- Offer-specific minimum daily nominal interest rate: 0.2%
- Published maximum APR: 144%
- Third party convenience fee: Up to PHP 20 per transaction
- Eligibility: Applicants must be a Filipino citizen, provide one government-issued ID, and have stable income. Application and approval remain subject to verification.
- Regulatory status: SEC registration and Certificate of Authority records verified.
Important conditions
Varies by payment channel; separately disclosed and not included in APR.
Borrower Attention
Mocasa's current official disclosures show different Quick Loan amounts
Check your offer: Rely on the amount received and total repayment in the final disclosure for your offer.
Mocasa's current official sources show non-overlapping Quick Loan terms
Check your offer: Check the exact schedule and due dates in the disclosure before accepting.
Check Your Offer Cost
Review Insights from Google Play
Most Discussed
Collection contact before the due date
What reviewers discussedSeveral reviews described collection calls or messages arriving before the reviewer’s stated repayment deadline.
The interest rates are exorbitant and there are hidden charges. Although I borrowed ₱2,200, I only received ₱2,048. The customer service is also very annoying, calling every day to remind me about the due date. This experience is nothing like Billease.…
Google Play review | 2024-07-16
What this may meanKeep the stated due date, current balance, and contact history so an early or repeated collection message can be checked against the account record.
FAQ
Sino ang puwedeng mag-apply at anong ID ang kailangan sa Mocasa?
Kasama sa disclosed requirements ang pagiging Filipino citizen at pagkakaroon ng One government-issued ID. May iba pang checks at individual pa rin ang approval.
How much does Mocasa Quick Loan currently show?
Mocasa's current Quick Loan page says both up to PHP 50,000 in its product summary and up to PHP 25,000 in its What We Offer section. Google Play shows PHP 1,000 to PHP 50,000.
What fees may apply to Mocasa Quick Loan?
Google Play's representative example includes a provider service fee of 16.5% of principal. It separately discloses a third-party convenience fee of up to PHP 20 per transaction that varies by payment channel and is not included in APR.
Why do Mocasa's official sources show different repayment terms?
The current Quick Loan page says 30 to 90 days, while Google Play says 91 to 365 days. Both are Quick Loan-specific and current, but no published condition was found that reconciles them.