1. The information provided in this form is true, correct, and complete to the best of my knowledge.
2. I authorize Moneytree Funding Inc. to verify and investigate the information given, including contacting my references, and existing creditors as may be necessary for credit evaluation.
3. I consent to the collection, processing, storage, and sharing of my personal data by Moneytree Funding Inc. for legitimate business purposes in accordance with the Data Privacy Act of 2012 and its implementing rules.
4. I understand that submission of this form does not guarantee approval of my loan application, and that Moneytree Funding Inc. reserves the right to approve or decline my application at its sole discretion.
5. I fully understand and agree that the applicable interest rate for my loan is based on my risk profile as assessed by MoneyTree Funding Inc., as follows:
• 5% monthly (1.25% weekly) — for standard or low-risk borrowers
• 6% monthly (1.5% weekly) — for high-risk borrowers or applicants without DTI/Permit requiring a guarantor
Any additional charges or deductions (if any) will be clearly disclosed before loan release.
6. Late Payment Penalty:
In the event of late or missed payments, the borrower agrees to the following penalty scheme:
A fixed late fee of ₱150 for every missed due date; and
A penalty charge of 1% per day on the outstanding unpaid balance starting on the 3rd day of delay, until full payment is made.