Taco, an innovative financial services platform. Through technological innovation and application such as big data technology and risk control technology. It can help users say goodbye to cumbersome traditional borrowing methods. And open up more convenient and efficient lending methods, such as as long as users have their own needs. You can start a new lending experience anytime, anywhere.
Taco doesnt just use the latest technology. At the same time, it also pays attention to the security of user data. All data is transmitted encrypted and stored on our secure servers located in the Philippines. All personal information of users shall not be disclosed, rented or sold to third parties without the users permission.
Taco, whose business is governed by Philippine laws and regulations. And provide services to users under the supervision of the Bank of the Philippines. We will provide more convenient and faster lending services.
APR and Fees:
Transparent fees and no hidden fees make your loan stress-free and allow users to borrow more money.
Loan Amount Range: PHP 3,000 to PHP 150,000
Loan term range: minimum 91 days to maximum 365 days
The annual interest rate does not exceed 14%/year
Product calculation formula
For example, a loan of PHP20,000 with a term of 120 days (eg 4 months) with an annual interest rate of 14% (0.04%/day) and no other fees. The principal upon approval is PHP20,000.
Daily interest: PHP 20,000*0.04%=PHP 8
Monthly interest 8*30=PHP 240
Monthly instalment 20,000/4+240=PHP 5240
Total interest expense 240*4=PHP 960
When due, the total repayment is the principal plus all fees, i.e.
20,000+960=PHP 20960
How to Use Taco
1. Download Taco via AppStore
2. Read and accept the User Agreement and Privacy Policy Agreement.
3. Register a personal account
4. Select the loan product and fill in the required information.
5. Submit the loan application after the loan review is approved, and the loan will be credited to the users personal account.
Taco only provides credit services for users who meet certain conditions. These users must follow:
1. Filipinos over 20
2. Have a stable address and income
3. Need a loan
If the above conditions are not met, we may not be able to provide services to users.
Contact Taco
Taco will regularly update and improve performance. Therefore, we take user feedback very seriously. If users have any suggestions for our products or services, you can contact us in the following ways.
Company Name:Magician of Money Lending Corp.
Company address:1806 Cityland Pasong Tamo Tower.2210 Chino Roces AvePio Del Pilar Makati City
Contact Email:[email protected]