Stefanini Cash provides transparent, short-term consumer loans with flexible repayment plans to meet your financial needs.
· Loan Amount: 1,000 to 50,000 Philippine Pesos (₱)
· Loan Term: 91 to 180 days
· Annual Percentage Rate (APR): 8% to 20%
Illustrative Example:
For a ₱50,000 loan with a 91 day term and 3 repayments, the total repayment consists of principal and interest.
· Total interest: approximately ₱2,493
· Total repayment: approximately ₱52,493
· Monthly installment: approximately ₱17,498
Note: This example is for illustrative purposes only. Final amounts, repayment schedules, and fees will be detailed in your individual loan contract signed via the App.
The Stefanini Cash platform is committed to providing safe, efficient, and convenient loan services. Please read these terms carefully.
Eligibility Requirements
· Must be of legal age.
· Must be a Philippine resident with a valid government-issued ID.
· Must have a good credit history.
· Must have a stable source of income to cover repayments.
· Must have a valid mobile phone number and bank account.
Information Submission
You agree to provide complete, accurate, and truthful personal information, contact details, financial information, and employment information required for your loan application. Providing false information will result in immediate rejection of your application or recall of your loan.
Approval Process
Your application will be evaluated based on credit scoring, income verification, and internal risk policies. You will be notified of the approval outcome, loan offer (amount, term, fees), and Annual Percentage Rate (APR) via in-app notification or SMS. You must review and accept the electronic loan contract within the App to proceed with disbursement.
Repayment Methods
Your loan contract will list various convenient repayment channels, also accessible within the App, including bank transfers, e-wallets, over-the-counter payments, or auto-debit arrangements.
Repayment Schedule
You are obligated to strictly adhere to the repayment schedule (amounts and due dates) specified in your approved loan contract. While you may prepay your loan to reduce interest charges, please refer to your specific contract for any terms governing prepayment adjustments.
Consequences of Late Payment
Failure to make payments on time constitutes a default. This will result in:
· Late Payment Fees: Penalties may be charged as specified in your loan contract.
· Accrual of Interest: Outstanding principal may continue to accrue interest at the agreed rate.
· Credit Reporting: Your late payment history will be recorded, negatively impacting your credit score.
· Collection Measures: We may initiate collection procedures, including reminders via phone, SMS, email, and authorized third-party collection agencies.
Loan Disbursement
Upon your acceptance of the loan contract, the approved net loan amount will be deposited into your designated and verified bank account. Disbursement times may vary depending on your bank’s processing procedures.
Use of Funds
Loan proceeds are to be used solely for legitimate personal, family, or household consumption purposes. You agree not to use the funds for any illegal activities, speculative investments, or gambling.
Events of Default
You will be in default if you fail to make any payment when due, provide false information, become insolvent, or breach any term of this Agreement. Upon default, we may declare all outstanding amounts immediately due and payable and pursue all available legal remedies.
Full Information Disclosure
We are committed to transparency. All key loan terms, including principal, term, Annual Percentage Rate (APR), total interest, fees, and total repayment amount, are clearly disclosed in the loan contract prior to your confirmation.
Privacy Commitment
We prioritize the security of your personal data.
For any questions, concerns, or requests regarding your loan or this Agreement, please contact us at:
· Email: info@stefaniniph.com
Important Notice: This Agreement is legally binding. Please read it carefully before proceeding. Do not agree to these terms unless you understand and accept all of them. The final and binding loan agreement shall be governed by this document.