• Interest Rate (p.a)


  • Min Loan Amount


  • Loan tenure

    1 month - 1 month

  • Margin of Finance

    1 day


Loan tenure up to 30 days only

Get instant cash in as fast as one click. Choose to repay loan in 10, 20 up to 30 days.

Loan calculator
Loan amount

Loan tenure


Monthly salary - ₱30,000
Interest Rate (p.a)


Monthly Repayment


Total Interest Payable ₱-
Total Amount Payable ₱-
What's so great about Cashwagon Cash Loan:
  • Instant cash loan in just one click!
  • Your first loan up to ₱6,000 is absolutely FREE!
  • Fast approval within 24 hours

Product Features

Min. financing amount ₱ 8000
Max. financing amount ₱ 20000
Min. loan tenure 1 month
Max. loan tenure 1 month
Interest rate Up to 40% of the loan amount approved
Approval duration 1 day
Debt consolidation No

Fees & Charges

Processing fee N/A
Stamp duty N/A
Disbursement & misc. fee N/A
Early settlement N/A
Late payment charges ₱500 every 3rd, 10th, 20th, 30th day on default


Min. salary requirement ₱ 6000
Guarantor / Collateral requirement No

Other Requirements

Need to open linked bank account? Yes

Product Review by iMoney

For your urgent financing needs, Cashwagon has you covered. A Fintech company that pioneers online consumer financing, they are focused on providing hassle-free, instant cash loans without any collateral. Using their cash on demand platform that aims to simplify the approval process and long queues, you can immediately borrow funds for any purpose in as fast as 24 hours! Promising an easy application process and fast turnaround time, their service offers the simplest and quickest way to solve your budget problem. Aside from interest, processing, and service charges, there won’t be any other fees required, as long as you pay on time.

Advantages Of Applying With Cashwagon:

  • Fast application and approval process in just 24 hours.
  • Very low monthly income requirement.
  • No processing, disbursement, or miscellaneous fees.

For a smooth application process, check the eligibility requirements below:

Cashwagon Cash Loan FAQ

How do I apply for a cash loan online?

  1. Log on to their website: www.cashwagon.ph
  2. Fill in the application form.
  3. Wait for a call from Cashwagon
  4. Loan confirmation will be sent to you via SMS within 30 mins after the phone call.
  5. The money will be sent to your indicated bank account within minutes from receiving the SMS confirmation.

How much is the first loan in Cashwagon?

The initial loan from cashwagon is ₱7,000.

How much can I borrow?

With Cashwagon Cash Loan, borrow from as low as ₱7,000 up to ₱20,000 on your next loan, subject to approval.

What are the Cashwagon Cash Loan Requirements?

An applicant must fulfill Cashwagon's eligibility criteria for a loan:

  • Applicant must be between 20-60 years old.
  • Employed with at least ₱6,000 monthly income.

Consequently, after filling out an application form, the following documents are necessary:

  • 1 government-issued ID
  • Valid bank account

*Additional documents may be required during credit evaluation.

How much is the interest of Cashwagon?

The interest rate of your initial loan is 40% of the loan approved. However, this can go down to 20% on your succeeding loans.

How does the Cashwagon Cash Loan Calculator work?

The Cashwagon Cash Loan calculator computes the estimated cost of borrowing and amount of payment per installment. Input the desired loan amount to automatically get the estimated monthly amortization for different tenors.

Can I pay Cashwagon through Gcash?

No, you cannot. Gcash is not listed as their payment channels.

How do I pay my loan on Cashwagon?

Cashwagon collect payments through their DragonPay payment partners, which can be accessed in the following establishments:

  • 7-Eleven (Using Dragonloans)
  • Bayad Center
  • SM Payment Counters (Department Store, Supermarket, Savemore, Hypermarket)
  • Robinsons Department Store and Supermarket
  • Cebuana Lhuillier
  • LBC
  • Landbank ATM

When is my loan due?

The initial loan is due after 30 days from the date of the approval.

What happens if my repayment is late?

There will be a late payment charge of ₱500 every 3rd, 10th, 20th, 30th day of default. On top of that, you will not be allowed to loan again.

Is Cashwagon Cash Loan the right one for me?

In a booming industry with an ever growing number of online loan providers in the market, it can be quite a challenge when selecting the right product based on your need. Aside from your required preference, you need to be sure that you are dealing with a reputable company that can be trusted. In making a decision, these should be the top criteria you have to look into and based on their credentials, Cashwagon complies to most of these aspects. An excellent option for those looking to borrow funds fast and pay up in the shortest amount of time, Cashwagon offers loan amounts up to ₱20,000 with same day approval and payable up to 30 days. There are also no processing, disbursement, or any miscellaneous fees, with a very low monthly income requirement of just ₱6,000. So if these are the qualities you are looking for in getting a loan in the shortest amount of time, then Cashwagon should be on top of your list.

Still looking for alternatives? You can check out the following options below and compare which provider is best suited for your requirement:

Citi Personal Loan

Rest assured that with Citi, you’re in good hands with one of the largest global banks in the country. If you have a monthly income of at least ₱21,000, you can borrow as much as ₱2M with a long loan tenure of up to 5 years. Aside from the salary requirement, you must be 23 to 54 years old and should also have an existing non-Citi credit card for 3 months, or a Citi credit card for at least 6 months. Expect fast processing lead time between 24 to 48 hours. The interest rate is 15.16% per year.

EastWest Bank Personal Loan

Whatever the purpose, EastWest Bank gives you the opportunity to borrow additional funds for any urgent or emergency need. Having a local bank backing you up, you can expect quick and easy processing within 5 to 7 banking days. You can loan from as low as ₱25,000 up to a max of ₱2,000,000, payable from 1 up to 3 years. The charge will be 1.89% monthly add-on interest rate. To qualify for a loan, you have to be 21 to 65 years or age, and must have at least ₱15,000 gross monthly income.

HSBC Personal Loan

For additional funding, count on one of the biggest international banks to provide efficient and reliable service with HSBC. With an add-on monthly interest rate that starts from 1.21%, borrow up to ₱500,000, payable from 6 months to a maximum of 3 years. HSBC also offers a low income requirement of just ₱14,000 per month, with a total 2 years of employment. Borrowers must also be at least 21 to 60 years of age.

If these options still don’t fit your requirements, you can view our entire list of low interest online loans so you can compare details and choose the best provider based on your need.