Is Pocketcash (Elending) legit?
Yes. Pocketcash (Elending) is on the SEC list of recorded online lending platforms. It is run by Elending Lending Inc (SEC Reg. No. CS201912383, CA No. 3044). The SEC list dated Sep 29, 2026 records it as "Pocketcash". SEC list, Sep 29, 2026
| Item | Result | Source |
|---|---|---|
| App on the SEC list of recorded online lending platforms (dated Sep 29, 2026) | Yes, as "Pocketcash" | SEC list, Sep 29, 2026 |
| Company and SEC Reg. No. | Elending Lending Inc, CS201912383 | SEC list, Sep 29, 2026 |
| Certificate of Authority No. | 3044 (as printed by Pocketcash (Elending)) | Google Play, updated Sep 23, 2026 |
| Price published | Yes: Maximum daily interest 0.05%; maximum APR 18% inclusive of applicable fees. | Google Play, updated Sep 23, 2026 |
| Loan amount and term | ₱1,000 to ₱50,000, over 91 to 360 days | Google Play, updated Sep 23, 2026 |
| Google Play rating | 4.7 of 5 from 2,994 ratings, 50K+ installs, as of Oct 2, 2026 | Google Play, updated Sep 23, 2026 |
On ₱5,000 for 120 days, Pocketcash (Elending)'s published terms come to at most ₱300 in interest and fees: Pocketcash (Elending) states a combined interest-and-fees rate of 1.5% a month, which works out to an all-in cost of 2.4% a month on the cash you receive because you repay in instalments but pay interest on the original amount the whole time. Pocketcash (Elending) on Google Play, updated Sep 23, 2026
Working: 18% a year × 120/360 days × ₱5,000 = ₱300 (interest and fees). The all-in rate is the monthly rate at which 4 payments of ₱1,325 repay the ₱5,000 you receive (SEC MC No. 14 s.2025 Sec. 2(d)).
Within the SEC caps for this loan: no separate interest rate to test against the 6% cap; all-in 2.4% a month against the 12% cap (SEC MC No. 14 s.2025, effective Apr 1, 2026). SEC MC No. 14 s.2025
Next: check the worked Disclosure Statement below, then compare Pocketcash (Elending) with the other recorded apps, or get it from its official Google Play listing.
Not the same as Pocketcash (Vanguard) (VANGUARD LENDING CORP, on the SEC list). Check the company name in the app before you borrow: Pocketcash (Elending) here is Elending Lending Inc.
Pocketcash (Elending) interest rate and what you pay back
Maximum daily interest 0.05%; maximum APR 18% inclusive of applicable fees.Its own example, ₱10,000 for 91 days
₱10,000*0.05%*91=₱455; ₱10,000+₱455=₱10,455
- You pay back
- Up to ₱5,300
- Cash you receive
- ₱5,000
- Interest and fees
- Up to ₱300
- All-in cost (EIR) a month, at most
- 2.4%
- Share of the loan
- 6%
Terms from Pocketcash (Elending)'s Google Play listing, updated Sep 23, 2026. The calculator gives the same ₱10,455 for Pocketcash (Elending)'s own example. Documentary stamp tax on a ₱5,000 loan for 120 days is about ₱12.33 (NIRC Sec. 179); check whether the Disclosure Statement passes it on. DST calculator Source
Pocketcash (Elending) Disclosure Statement, worked out: ₱5,000 for 120 days
Pocketcash (Elending) must give you this statement in writing before the loan is made (RA 3765, the Truth in Lending Act, Sec. 4). These are the figures it should show at its published maximum; if yours differ, ask why before you accept.
| Figure | Inputs | Rule | Result |
|---|---|---|---|
| Amount financed | ₱5,000 borrowed, nothing taken off | RA 3765 Sec. 4(5) | ₱5,000 |
| Interest and fees (one combined rate) | 18% a year × 120/360 days × ₱5,000 | Pocketcash (Elending)'s published maximum | ₱300 |
| Finance charge | Interest + every fee above | RA 3765 Sec. 4(6) | ₱300 |
| Simple annual rate | Pocketcash (Elending) publishes its maximum APR | RA 3765 Sec. 4(7) | Up to 18% |
| Late penalty, at most | 5% × ₱5,300 due | SEC MC No. 14 s.2025 Sec. 3 | ₱265 a month |
| All charges together, at most | 100% × ₱5,000 | SEC MC No. 14 s.2025 Sec. 3 | ₱5,000 |
| Documentary stamp tax on the loan | ⌈₱5,000 ÷ ₱200⌉ × ₱1.50 × 120/365 | NIRC Sec. 179, as amended by RA 10963 | ₱12.33 |
| Owed to you if the statement leaves one out | Greater of ₱100 or 2 × ₱300, up to ₱2,000 | RA 3765 Sec. 6(a) | ₱600 |
Should you borrow from Pocketcash (Elending)?
Pocketcash (Elending)'s published maximum of ₱300 is the lowest among the recorded apps that price ₱5,000 over 120 days.
Choose Pocketcash (Elending) if
- you borrow ₱10,000 or less for up to four months: its published maximum stays within the SEC caps.
- you want to spread payments over as long as 360 days.
- you need up to ₱50,000.
Pocketcash (Elending) requirements, customer service and how to pay
- Requirements
- Resident of the Philippines; At least 18 years old; At least one valid government-issued ID
- elendinglendinginc@gmail.com
- Phone
- Not listed on its Google Play listing
- Pay through
- The channels shown in the app for your loan
As Pocketcash (Elending) lists them on its Google Play listing, updated Sep 23, 2026. Use only these channels or the app itself. Source
If you cannot pay Pocketcash (Elending) on time
If all ₱5,300 of a ₱5,000, 120-day Pocketcash (Elending) loan fell due unpaid, the penalty could be at most ₱265 a month, and interest, fees and penalties together could never pass ₱5,000. Elending Lending Inc's collectors, and any agency it hires, may not post your details, threaten you, call before 6 a.m. or after 10 p.m., or message anyone in your contacts except the guarantors you named (SEC MC No. 18 s.2019).
If that fails, report Elending Lending Inc to the SEC on hotline 14732 or the iMessage portal, and report messages to your contacts to the National Privacy Commission at complaints@privacy.gov.ph. All eight prohibited collection practices.
This page covers Pocketcash (Elending)'s published terms and SEC record, not the offer in your own loan agreement. For a dispute over a specific loan, contact Pocketcash (Elending) first, then the SEC (hotline 14732); for a legal claim, a lawyer.
Questions about Pocketcash (Elending)
Who owns Pocketcash (Elending)?
Elending Lending Inc (SEC Reg. No. CS201912383), per the SEC list dated Sep 29, 2026.
What is Pocketcash (Elending)'s interest rate?
Pocketcash (Elending) states (Pocketcash (Elending)'s Google Play listing, updated Sep 23, 2026): "Maximum daily interest 0.05%; maximum APR 18% inclusive of applicable fees." On ₱5,000 for 120 days: Pocketcash (Elending) states a combined interest-and-fees rate of 1.5% a month, which works out to an all-in cost of 2.4% a month on the cash you receive because you repay in instalments but pay interest on the original amount the whole time.
What are the requirements for Pocketcash (Elending)?
Pocketcash (Elending) lists (Pocketcash (Elending)'s Google Play listing, updated Sep 23, 2026): Resident of the Philippines; At least 18 years old; At least one valid government-issued ID.
What is Pocketcash (Elending)'s customer service number or e-mail?
E-mail: elendinglendinginc@gmail.com. As listed by Pocketcash (Elending) (Pocketcash (Elending)'s Google Play listing, updated Sep 23, 2026).
Does Pocketcash (Elending) call your contacts?
Elending Lending Inc may not contact anyone in your phone contacts except the guarantors or co-makers you named, even if you allowed access (SEC MC No. 18 s.2019, Sec. 1(h), issued Aug 19, 2019). Raise it with Pocketcash (Elending) at elendinglendinginc@gmail.com, then the SEC on 14732.
Lowest-cost recorded apps for ₱5,000 over 120 days
No lender pays to appear on this site or to change its position.
- Vplus: at most ₱300 in interest and fees (18% a year × 120/360 days × ₱5,000 = ₱300 interest); lends ₱1,000 to ₱50,000.
- Pesos.ph: at most ₱395 in interest and fees (24% a year × 120/365 days × ₱5,000 = ₱395 interest); lends ₱1,500 to ₱50,000.
- HappyPera2: at most ₱395 in interest and fees (24% a year × 120/365 days × ₱5,000 = ₱395 interest); lends ₱1,000 to ₱100,000. Downside: skip it if you have no regular income: it asks for "steady source of income".