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Terms of Services - cackKash

Welcome to cackKash, a digital credit and mobile lending application designed to provide secure, efficient, and transparent consumer financing services.

These Terms of Service (“Terms”) form a binding agreement between you (“User”) and the Company regarding your access to and use of the cackKash mobile application (“App”) and the financial services available through it. By downloading, registering, or using cackKash, you confirm that you have read, understood, and agreed to these Terms. If you do not accept them, you must stop using the App and its services immediately.

1. Definition of Terms

  • cackKash / The App: The digital platform and mobile lending application developed to provide short-term consumer financing and credit access to qualified users in the Philippines.
  • The Company / We / Us / Our: Refers to the business entity that owns, operates, and manages cackKash.
  • User / You / Borrower: Any individual who downloads the application, registers an account, accesses the platform, or applies for a loan through cackKash.

2. Scope and Availability of Services

cackKash offers a digital environment that allows Users to:

  • Create, update, and manage a secure personal account, including identity verification.
  • Submit applications for short-term credit facilities, subject to the Company’s review, credit evaluation, and approval process.
  • Receive approved loan disbursements and monitor repayment schedules online.
  • Use communication tools for repayment reminders, customer support, and the handling of questions or complaints.

3. Eligibility Criteria

To register and use cackKash, you must meet the following requirements:

  • Be a citizen or lawful resident of the Republic of the Philippines, at least 18 years old, and legally capable of entering into binding contracts.
  • Provide valid, unexpired government-issued identification documents when requested.
  • Submit accurate, current, and verifiable personal, employment, and financial information.
  • Show a stable and sufficient source of income or repayment ability to meet your obligations on time.

4. Obligations and Code of Conduct

By using the App, you agree to:

  • Provide only genuine, accurate, complete, and up-to-date information in every form or submission.
  • Comply with all applicable local laws, regulations, and the requirements set out in these Terms.
  • Pay all loan principal, interest, and applicable fees by the stated due date.
  • Avoid using the platform for deceptive, unauthorized, speculative, or fraudulent activity.
  • Failure to follow these standards may result in account restriction, termination, or legal action where appropriate.

5. Veracity and Maintenance of Information

You remain responsible for keeping your profile information correct and current. Supplying false, misleading, or outdated information may lead to loan denial, account termination, or reporting to the relevant regulatory authorities under Philippine law.

6. Loan Amortization and Repayment Policies

Borrowers must repay credit in line with the terms set out in their disclosure statement. Late or missed payment may result in:

  • Immediate late fees and additional administrative charges.
  • A negative impact on your credit record within applicable credit information systems.
  • Legal debt collection actions permitted under the laws of the Republic of the Philippines.
  • Timely repayment may improve your credit standing and support eligibility for higher future limits.

7. Prohibited Uses of the Platform

The cackKash platform must not be used for:

  • Identity theft, impersonation, or false representation of your relationship with any person or organization.
  • Money laundering, terrorism financing, or any conduct that violates anti-corruption or related laws.
  • Any purpose unrelated to lawful and transparent borrowing services intended by the App.
  • Any suspicious or unlawful activity may result in immediate account suspension and possible reporting to law enforcement or regulators.

8. Protection of Account Credentials

You are solely responsible for keeping your login credentials, passwords, and security PINs confidential. Do not share them with any third party. Notify us immediately if you suspect unauthorized access or a security breach. The Company is not responsible for losses or data issues caused by your failure to protect your account information.

9. Core Financial Parameters

  • Credit Line Limits: Determined individually based on your risk profile, credit history, and internal scoring results.
  • Tenor / Duration: Clearly shown in the electronic loan contract before you accept it.
  • Rates and Charges: All interest, service fees, and administrative charges are disclosed on the confirmation screen before any funds are released.
  • Payment Gateways: Repayments may be made only through approved payment channels, including partner banks, electronic wallets, and over-the-counter payment centers.

10. Data Privacy and Information Security

cackKash processes your personal information in a confidential manner and in line with the Philippine Data Privacy Act of 2012 (Republic Act No. 10173).

  • Purpose: Your data is collected for identity verification, credit review, fraud prevention, service improvement, and legal compliance.
  • Security Protocol: Data transmitted through the App is protected using encrypted HTTPS connections and standard data security controls.
  • Third-Party Disclosure: We do not sell, lease, or share your personal data with outside parties for marketing or commercial purposes without your prior consent, except when required by law or valid regulatory order.
  • User Rights: For access requests, corrections, privacy concerns, or account deletion requests, you may contact our Data Protection personnel at flyersdaily@gmail.com.
  • For a full explanation of our data-handling practices, please see our Privacy Policy.

11. Proprietary and Intellectual Property Rights

All software, text, graphics, branding, source materials, and trademarks used in cackKash are owned by the Company or its licensors. You may not copy, reverse engineer, modify, distribute, or reuse any part of the App without written permission from the Company.

12. Disclaimers and Limitations of Liability

Although we work to keep the App available and reliable, cackKash is provided on an “as-is” and “as-available” basis. The Company is not liable for downtime, delays, or transaction failures caused by:

  • Events beyond our control, including natural disasters, public health emergencies, or civil unrest.
  • Internet outages, telecommunications failures, or power interruptions outside our reasonable control.
  • Changes in laws, central bank rules, or SEC directives.

13. Service Suspensions and Termination

The Company may, at its sole discretion and without prior notice, suspend or close your account if:

  • You materially breach any part of these Terms.
  • Your profile is flagged for fraudulent, unlawful, or irregular activity.
  • You fail to repay your obligations or do not complete required identity verification steps.

14. Applicable Law and Venue for Disputes

These Terms are governed by the laws of the Republic of the Philippines. Any dispute arising from use of cackKash should first be handled through amicable discussion. If no resolution is reached, the matter will be submitted to the proper courts in Manila, Philippines, to the exclusion of other venues.

15. Policy Modifications and Revisions

The Company may revise, update, or replace these Terms at any time. Changes will be posted in the App or through our official channels. Continued use of cackKash after revised Terms are published means that you accept the updated version.