Cash Mart - Loan Repayment FAQs

Loan Repayment

What Is Weekly Loan Term?

Weekly means you repay the loan at weekly intervals. Weekly loan term has three options:

Weekly 3 (Your repayment is equally divided into 3 weeks)

Weekly 4 (Your repayment is equally divided into 4 weeks)

Weekly 5 (Your repayment is equally divided into 5 weeks)

Example: Let’s say you got your loan on June 6 and you have chosen the Weekly 3, then your repayment schedule will be:

1st repayment: June 13

2nd repayment: June 20

3rd repayment: June 27

If you got your loan on June 6 and you have chosen the Weekly 4:

1st repayment: June 13

2nd repayment: June 20

3rd repayment: June 27

4th repayment: July 4

If you got your loan on June 6 and you have chosen the Weekly 5:

1st repayment: June 13

2nd repayment: June 20

3rd repayment: June 27

4th repayment: July 4

5th repayment: July 11

What Is Bi-Weekly Loan Term?

Bi-Weekly means you repay the loan in every 2 weeks. Bi-Weekly loan term has three options:

Bi-Weekly 1 ( Settle your loan after 2 weeks)

Bi-Weekly 2 (Your repayment is equally divided into 2)

Bi-Weekly 3 (Your repayment is equally divided into 3)

Let’s say you got your loan on June 6 and you have chosen the Bi-Weekly 1, then your repayment schedule will be:

1st repayment: June 20

If you got your loan on June 6 and you have chosen the Bi-Weekly 

2:

1st repayment: June 20

2nd repayment: July 4

If you got your loan on June 6 and you have chosen the Bi-Weekly 

3:

1st repayment: June 20

2nd repayment: July 4

3rd repayment: July 18

What Is Monthly Loan Term?

Monthly loan term means you have to settle the loan after 28 days. Let’s say you got your loan on November 10 and you have chosen the Monthly Term. Then you have to repay the loan with its interest rate on December 4.

What If My Repayment Due Date Is A Holiday?

If your repayment due date falls on a non-working holiday, you have to make your repayment on the last working day before the holiday. Let’s say your due date is on December 30, 2016, Rizal Day. Then you have to pay on December 29..

How Will I Know My Repayment Schedule?

Your repayment schedule will be discussed with our staff via phone call and it will also be sent to your email

How Do I Make My Repayments?

We send an e-mail on how you can pay your loan. Please refer to the reference number included in the e-mail. We are partnered with the following payment channels:

7-11

LBC

Cebuana Lhuillier

Bayad Center

Robinson Payment Center

EC pay

SM Payment Center

M Lhuillier (has P20 transaction charge)

Can I Pay My Loans Earlier Than My Due Date?

Yes, you can. The earlier you can pay, the faster you can get a re-loan.

What If I Made Late Repayment?

You are advised to pay as stated in the contract. Late repayments will be charged a fee accordingly.