Tech Cash LOAN AGREEMENT

This Loan Agreement ("Agreement") is entered into between you ("Borrower") and Tech Cash (operated by PERAJET LENDING CORPORATION, hereinafter referred to as "we", "us", or "our") regarding the provision of loan services through the Tech Cash mobile application ("App"). By downloading, accessing, or using the App, or by submitting a loan application, you agree to be bound by this Agreement. If you do not agree, please do not use the App.

1. Service Provider and Regulatory Information

Lending Entity: PERAJET LENDING CORPORATION
SEC Registration Number: CS201629480
Lending License Number: 2639
Registered Address: 19/F MARCO POLO, ORTIGAS OFFICE TOWER, CITY OF PASIG, SECOND DISTRICT, NATIONAL CAPITAL REGION (NCR)

Platform Operator: The Tech Cash application is operated for and on behalf of PERAJET LENDING CORPORATION. PERAJET LENDING CORPORATION is a legitimate financing company duly registered with the Securities and Exchange Commission (SEC) of the Republic of the Philippines. Our operations comply with all applicable lending laws and regulations.

2. Loan Product Description

2.1 Product Features

Loan Amount Range: PHP 2,000 to PHP 50,000

Loan Term: 91 days to 180 days

Annual Percentage Rate (APR): 8% to 20%

2.2 Illustrative Examples (For Reference Only)

Example A: Loan of PHP 5,000 for 91 days at 15% APR results in total interest of approximately PHP 187. Total repayment amount: PHP 5,187.

Example B: Loan of PHP 15,000 for 120 days at 20% APR results in total interest of approximately PHP 986. Total repayment amount: PHP 15,986.

Note: The above examples are for illustrative purposes only. Your actual terms will be shown in the loan contract before you accept.

3. Eligibility and Application

3.1 Eligibility Criteria

To apply for a loan, you must:

Be a citizen or legal resident of the Republic of the Philippines.

Be at least twenty (20) years old and not more than sixty-five (65) years old at the time of application.

Possess a valid government-issued identification document (e.g., UMID, Driver's License, Passport).

Have an active Philippine bank account or registered e-wallet (GCash, PayMaya, or similar).

Provide accurate, complete, and truthful information.

3.2 Application Process

Download the official Tech Cash App from a legitimate source.

Register using your mobile number.

Submit the required personal and identification information as prompted.

Consent to the collection and processing of your data in accordance with our Privacy Policy.

Wait for the credit evaluation and approval decision, which will be communicated via the App and SMS.

4. Loan Disbursement and Repayment

4.1 Disbursement

Upon approval, the loan amount will be disbursed directly to your designated bank account or e-wallet. Standard processing times apply (typically 5 to 30 minutes during banking hours, but may be delayed due to third-party processors). You will receive a confirmation notification once the funds have been sent.

4.2 Repayment Methods

You may repay your loan through any of the following channels available in the App:

Online bank transfer (BPI, BDO, Metrobank, etc.)

E-wallets (GCash, PayMaya,etc.)

Over-the-counter at partner payment centers (e.g., 7-Eleven, Bayad Center, SM Bills Payment)

In-app payment using debit/credit card (if available)

4.3 Repayment Schedule

Your specific repayment due dates and amounts will be clearly stated in your individual loan contract and also displayed in the App under "My Loans". You are responsible for remembering and honoring the due dates.

4.4 Early Repayment

You have the right to fully prepay your outstanding loan balance at any time before the maturity date. No prepayment penalty or additional fee will be charged. Interest will be calculated only up to the actual date of prepayment.

4.5 Late or Failed Payments

If you fail to pay the total amount due on or before the due date, the following consequences may apply:

Your account will be marked as delinquent.

Late payment penalties may be charged at a rate not exceeding the maximum allowed by Philippine law.

Your credit score and future loan applications may be adversely affected.

We may suspend your access to future loans.

We may engage accredited third-party collection agencies to recover the debt through lawful means (phone calls, SMS, emails, or mail). You may be liable for reasonable collection costs as permitted by law.

If you anticipate difficulty in making a payment, we strongly encourage you to contact our customer support team at [email protected] so that we may explore possible payment arrangements.

5. Representations and Warranties

You represent and warrant that:

All information you provide to us is true, accurate, current, and complete.

You will use the loan proceeds solely for legitimate personal, family, or household purposes, and not for any illegal activity (including gambling, investment in high-risk securities, or repayment of illegal debts).

You will not use the App or Services for any fraudulent, deceptive, or harmful purpose.

You are solely responsible for maintaining the confidentiality of your account credentials (username, password, OTP) and for all activities that occur under your account.

You will promptly notify us of any changes to your personal or financial information, including contact details, employment status, or bank account.

6. Default and Acceleration

In addition to late repayment, the following events constitute a material default:

You provide false, misleading, or materially incomplete information.

You become insolvent, file for bankruptcy, or are adjudged bankrupt by a court.

You breach any other term of this Agreement or the individual loan contract.

Upon the occurrence of an event of default, we have the right to declare the entire outstanding balance (including principal, accrued interest, and any lawful fees) immediately due and payable.

7. Termination and Suspension

If we believe that you have violated this Agreement, provided false information, or for any other reason necessary to protect the security, integrity, or legal compliance of our platform, we reserve the right to suspend or terminate your access to the App and Services, in whole or in part, at our sole discretion. Termination does not relieve you of your obligation to repay any outstanding loan.

8. Amendments

We may amend this Agreement from time to time. Any material changes will be posted in the App. If the changes are material, we will also notify you via email or push notification. Your continued use of the Services after the effective date of the revised Agreement constitutes your acceptance of the amended terms. If you do not agree, you must stop using the App and repay any existing loan.

9. Contact Us

If you have any questions, concerns, or requests regarding this Loan Agreement or your loan, please contact us at:

Email: [email protected]

Please keep this Agreement for your records. By using Tech Cash, you confirm that you have read, understood, and agree to this Loan Agreement and our Privacy Policy.