CASHOLA (Now Cashify) has become a widely discussed name in the Philippine online lending market as more Filipinos seek quick financial solutions. However, with the rise of digital lending, concerns regarding legitimacy and collection practices have surfaced. This review aims to clarify whether CASHOLA is a safe, legal loan app or if the harassment complaints reported by users are a significant red flag. We will dive into its SEC status, interest rates, and the reality of its operations in 2026.
What is CASHOLA and How Does it Work?
CASHOLA, which now operates under the name Cashify is a mobile-based lending platform designed to provide “fast cash loans” to Filipinos without the need for collateral. It targets individuals who need immediate funds for emergencies, bills, or small business expenses.
The CASHOLA app download latest version is primarily available on the Google Play Store. The process involves a simple registration using a valid government ID, a facial recognition check, and a quick disbursement through GCash, PayMaya, or bank transfers. While the convenience is high, the terms and conditions require careful scrutiny.
Is CASHOLA SEC Registered? (Legitimacy Check)
The most critical question for any borrower is the legal standing of the app. Borrowing from an unregistered online lending app (OLA) puts your data and privacy at high risk.
According to our verification with the Securities and Exchange Commission (SEC) Philippines, CASHOLA is operated by Sunloan Lending Investors Corporation.
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Corporate Name: Sunloan Lending Investors Corporation
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SEC Registration Number: CS201900565
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Certificate of Authority (CA) Number: 2866
Having a CA number means they are legally permitted to operate as a lending company. However, being “SEC registered” does not automatically exempt a company from following the “Fair Collection Practices” mandated by the government.
CASHOLA Features and Loan Terms
Before you hit that download button, you must understand what you are signing up for. Many users complain about “hidden fees” which are often just deducted upfront.
| Feature | Details |
| Loan Amount | ₱2,000 to ₱20,000 (New users start lower) |
| Interest Rate | Approx. 0.05% – 0.1% per day |
| Service Fee | 10% – 25% (Deducted from principal) |
| Repayment Period | 91 to 120 days (claimed) |
| Disbursement Type | GCash, MLhuillier, Bank Transfer |
Note on Calculation:
If you borrow ₱5,000 with a 20% service fee, you might only receive ₱4,000 in your GCash account, but you will still owe the full ₱5,000 plus interest upon the due date.
CASHOLA Harassment Complaints: The Reality
Despite being a registered entity, there are numerous CASHOLA harassment Philippines reports circulating on social media and consumer forums.
Common Complaints on Reddit and Facebook
Many borrowers on Reddit have raised concerns about the following collection tactics:
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Debt Shaming: Threatening to contact everyone in the borrower’s phone contact list.
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Aggressive Calls: Receiving dozens of calls per day starting 2-3 days before the actual due date.
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Social Media Harassment: Threatening to post the borrower’s ID or “scammer” posters on Facebook.
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Legal Threats: Sending fake subpoena or court summons templates via SMS or email to intimidate borrowers.
Why does this happen?
While the parent company, Sunloan Lending Investors Corporation, is registered, many OLAs outsource their collections to third-party agencies. These agencies often use “black hat” tactics to meet their quotas, leading to cyber harassment and violations of the National Privacy Commission (NPC) guidelines.
How to Handle CASHOLA Harassment
If you are experiencing unfair collection practices or debt shaming, you are protected by Philippine law under SEC Memorandum Circular No. 18.
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Document Everything: Take screenshots of threatening texts, emails, or social media posts.
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File a Complaint with the SEC: You can email the SEC Corporate Governance and Finance Department at [email protected].
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Report to NPC: If they accessed your contact list without permission, file a data privacy complaint at the National Privacy Commission website.
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Stay Calm: Remember that “debt shaming” is illegal in the Philippines. Do not let them intimidate you into paying more than what is legally due.
CASHOLA App Download: Latest Version and Safety
If you still choose to proceed, ensure you are downloading the official CASHOLA app download latest version from the Google Play Store. Avoid downloading APK files from third-party websites as these are often modified with malware to steal your personal data.
Permit Permissions carefully: Upon installation, the app will ask for access to your:
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Contacts
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Location
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Camera
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SMS
LSI Tip: Be wary of apps that require “Contact List” access, as this is the primary tool used for harassment if a payment is missed.
CASHOLA Contact Number and Customer Service
Communication is key if you are struggling with repayment. However, many users report that the CASHOLA contact number provided in the app is often unresponsive or only used for one-way collection demands.
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Email: [email protected]
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Phone: +63 951 388 1982
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Office Address: U.A. 8th Floor, Rockwell Business Center, Sheridan St., Highway Hills, Mandaluyong City.
Pros and Cons of CASHOLA
Pros
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Fast approval process (often within minutes).
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No collateral or complicated paperwork required.
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Multiple cash-out options (GCash is very convenient).
Cons
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High service fees deducted upfront.
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Short initial repayment windows.
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Persistent and sometimes aggressive collection reminders.
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High interest compared to traditional bank loans.
Frequently Asked Questions (FAQs)
Is CASHOLA legit or a scam?
CASHOLA is a legit lending app in terms of legal registration under Sunloan Lending Investors Corp. However, its “legitimacy” is often questioned by users due to the aggressive collection methods used by its representatives.
Can CASHOLA put me in jail for unpaid debt?
No. Under the Philippine Constitution, no one shall be imprisoned for debt. However, they can file a small claims case against you in civil court, though this is rare for small amounts. Harassment, on the other hand, is a criminal offense they can be liable for.
How can I stop CASHOLA from calling my contacts?
The best way is to revoke app permissions in your phone settings. However, if they have already synced your contacts to their servers, you must report them to the NPC and SEC for violating the Fair Collection Practices Act.
What is the latest version of the CASHOLA app?
The latest version in 2026 is typically version 1.1.0 or higher. Always check the “Last Updated” section on the Google Play Store to ensure you have the secure version.
Final Verdict
CASHOLA (now cashify) is a legal entity, but it carries the same risks as many other OLAs in the Philippines. If you need money urgently and are confident in your ability to pay back within 7-14 days despite the high fees, it is an option. However, if you value your privacy and wish to avoid potential harassment, we recommend looking into traditional bank personal loans or SSS salary loans first.
Always borrow responsibly and read every line of the loan agreement.
⚠️ Financial Disclosure: This app is reviewed for informational purposes. Before applying, always verify its SEC Registration and Certificate of Authority. Be mindful of the Effective Interest Rate (EIR), Processing fees, and Service fees. Borrow responsibly to avoid high penalties and debt traps.
I experienced a lot of stress with CASHOLA last month. Even though I paid on time, I still received automated calls. It felt like harassment because they kept reminding me 3 days before the deadline. Is this normal for a legal loan app in the Philippines? I’m quite worried.
I am sorry to hear about your experience, Theresa. While many OLAs use automated reminders, constant calls before the due date can be intrusive. Since they are a legal loan app, you should document these calls. If it persists after payment, filing a formal complaint via the SEC is recommended.
I was looking for the CASHOLA app download latest version and found your blog. I’ve tried other apps before, but the service fee here is quite high. Is it true that Sunloan Lending Investors Corporation is really the one handling this? I want to make sure I am dealing with a legit entity.
High service fees are indeed a common pain point with most OLAs. Yes, CASHOLA is officially operated by Sunloan Lending Investors Corp (SEC Reg. CS201900565). Always double-check the loan disclosure statement before clicking “Accept” to see the exact amount you will receive versus what you owe.
Hi mam , good day pls help me. I can’t open my cashola account.. I lost the registered number that I used during my application.. pls help me how to access in order for me to pay my existing loans. Thank you.
I actually used CASHOLA for an emergency last week. The disbursement to my GCash was fast, but I noticed they asked for access to my entire contact list. After reading about the harassment complaints on Reddit, I got scared. Should I be worried if I pay everything on time?
If you settle your balance on or before the due date, you usually won’t face collection issues. However, the contact list permission is a standard but risky feature of these apps. To be safe, you can revoke those permissions in your phone settings after your loan is fully processed.
Is there a specific CASHOLA contact number I can call? I tried the one in the app but no one is answering. I want to settle my debt, but I need a clear breakdown of the interest. I don’t want to be a victim of debt shaming or unfair practices.
It can be frustrating when customer support is unresponsive. Aside from the number +63 951 388 1982, try reaching out via their official email. Make sure to keep copies of your communication attempts as proof, just in case they attempt any unfair collection tactics later on.
My friend experienced being posted on Facebook by a lending agent. I am checking if CASHOLA is SEC registered so I can report them if they do the same to me. Your article is very helpful because it provides the Certificate of Authority number. People really need to be careful nowadays.
That is a very serious violation of the Cybercrime Prevention Act and NPC guidelines. Since CASHOLA is SEC registered, they are strictly prohibited from “debt shaming.” If you or your friend experience this, you have the legal right to report them to the SEC Enforcement and Investor Protection Department immediately.
I noticed that CASHOLA has changed its name to Cashify recently. Does this rebranding mean they have a new SEC registration number, or is it still the same entity? I am concerned because my old loan records still show the former name. Is it safe to continue paying through the new app?
Hi Maria! CASHOLA (now Cashify) is still managed by the same company, Philippine Micro-Ph Lending Corp. The rebranding doesn’t change your legal obligations or their SEC status. Always verify your Loan ID in the new interface and keep receipts of every transaction to ensure your payment history is correctly updated.
My loan was originally from CASHOLA, but now the Cashify app is the one sending me payment reminders. The interest rates seem higher than before. Is this legal after a name change? I’m worried about my data privacy since they transferred all my information to the new app without a clear notice.
Hi Junriel! Under SEC rules, a name change (rebranding) doesn’t allow lenders to alter interest rates arbitrarily. Since CASHOLA (now Cashify) holds your data, they must comply with the Data Privacy Act. If you notice unauthorized fee hikes, document the changes and file a report with the National Privacy Commission (NPC) immediately.
CASHOLA (now cashify) stressed me everyday and night, they’ve send a message to my contact list and It make me depressed and feeling of anxiety, I can’t take those shames.
I’m scared and feel anxious.
We understand your distress. Please prioritize your mental health—you are not alone. To mitigate the shame, briefly inform your contacts that your data was compromised. Document all threats and report this illegal harassment to the authorities immediately. Stay strong, this is temporary.
Hi mam can you provide an office address so that I can go and pay my loan personally since I cannot access my account anymore I lost my contact number that’s why I can’t log in. I can’t recieved otp
It’s deppressing !!!
They’ve already send messages to my contacts list and I can’t take it ,the shame and all
I CANT THINK PROPERLY, I’m out of mymind cause by this lending app loan
CASHIFY( CASHOLA BEFORE).
PLEASE GELP ME!!!
Please take a deep breath—your life is far more valuable than this. To stop the shame, immediately message your contacts: ‘My data was hacked; please ignore and block any harassing messages about me.’ Document all threats and report this illegal harassment to the authorities. Stay strong, you are not alone.
Hi mam , good day pls help me. I can’t open my cashola account.. I lost the registered number that I used during my application.. pls help me how to access in order for me to pay my existing loans. Thank you.
Hi mam pls help me I can’t access my account anymore. I lost the registered number that I used during my application.
Pls contact me in my new number 09929304961. Thank you.