Terms and Conditions for Loan Services

1. Introduction

These Terms and Conditions (“Terms”) govern the use of the Instant Peso mobile application (“App”) and the loan services made available through it. By accessing, downloading, or using the App for any financial service, each user (“User”) acknowledges that they have read, understood, and agreed to be bound by these Terms.

These Terms are issued in compliance with applicable financial regulations of the Republic of the Philippines and are intended to support consumer protection and responsible lending practices.

2. Operator and Loan Service Provider Information

Loan services available through the App are offered in partnership with Fcash Global Lending Inc., a lending company registered with the Securities and Exchange Commission (SEC) of the Philippines.

3. Loan Details

3.1 Loan Amount

Eligible Users may apply for loans ranging from PHP 5,000 to PHP 60,000. The final approved credit limit is determined at the Company's discretion following an evaluation of the User's creditworthiness, income stability, and repayment capacity.

3.2 Loan Term

Loan durations range from 91 days to 150 days. The exact term for a loan is determined by the User's credit assessment and the applicable loan agreement.

3.3 Interest Rate

The annual interest rate (APR) applicable to a loan is 21.9% per annum, subject to adjustment based on the User's credit profile and prevailing market conditions. The final interest rate will be disclosed before the User accepts a loan offer.

4. Loan Application Process

To apply for a loan, a User must:

1. register an account in the App;
2. provide accurate personal information and upload required identification and supporting documents;
3. select an available loan amount and repayment period;
4. submit the completed application for review; and
5. upon approval, receive loan proceeds in the designated bank account.

5. Eligibility Criteria

To qualify for a loan, an applicant must satisfy all applicable requirements, including:

• being a Filipino citizen or legal resident of the Philippines aged 18 to 60;
• having a stable source of income and a positive credit history;
• submitting valid government-issued identification documents as requested during the application process.

6. Permitted Use of Loans

Loan proceeds may be used only for the purpose declared in the loan application. Using loan proceeds to finance illegal activity, including gambling, money laundering, or other unlawful conduct, is prohibited. The Company may take appropriate legal action in response to misuse of loan proceeds.

7. Late Payments and Handling of Overdue Accounts

Users who anticipate difficulty making a scheduled repayment are encouraged to contact the Company promptly to explore possible repayment arrangements.

• Late fees: overdue payments may incur penalty charges and accrued interest in accordance with the applicable loan agreement.
• Credit impact: late or missed payments may adversely affect a User's credit standing and credit score.
• Legal action: persistent default may result in escalated collection measures, reporting to credit bureaus, and legal proceedings to recover outstanding amounts.

8. Dispute Resolution

The Company seeks to resolve disputes arising from these Terms or the loan services fairly, promptly, and transparently. The process may include:

• acknowledging and addressing customer concerns within 24 hours of receipt;
• accepting enquiries through the contact details in Section 14 or the App's support features;
• escalating complex matters to an appropriate financial and legal review team;
• keeping the User informed of progress and outcome; and
• protecting personal data disclosed during the process in accordance with the Privacy Policy.

9. Loan Disbursement and Accuracy of Information

After approval, the loan amount will be credited directly to the User's registered bank account. The User is responsible for ensuring that all personal and banking information submitted is accurate and complete. The Company is not liable for delays or losses caused by incorrect information supplied by the User.

10. User Obligations

Each User agrees to:

• provide truthful, accurate, and current information during registration and the application process;
• use loan proceeds only for lawful declared purposes;
• comply with the terms, conditions, and repayment schedule in the loan agreement; and
• notify the Company promptly of changes to personal or contact information that may affect loan administration.

Failure to meet these obligations may result in suspension or termination of services, reporting to relevant authorities, or other remedies available under law.

11. Amendments to These Terms

The Company may revise these Terms to reflect changes in regulatory requirements, operational practices, or service enhancements. Material amendments will be communicated through the App or other official channels. Continued use of the App after an amendment takes effect constitutes acceptance of the revised Terms.

12. Governing Law

These Terms and related disputes are governed by the laws of the Republic of the Philippines. Courts of the Philippines have exclusive jurisdiction over proceedings relating to these Terms, subject to mandatory consumer-protection provisions.

13. Severability

If any provision of these Terms is held invalid, illegal, or unenforceable, the remaining provisions remain in full force and effect. The affected provision will be modified only to the minimum extent necessary to make it valid and enforceable.