Is Tekcash legit?
Tekcash is on the SEC list, but its published top rate is above the SEC caps on a ₱5,000, 120-day loan. It is run by Tekwang Lending Corp (SEC Reg. No. CS201911369, CA No. 3032). The SEC list dated Sep 29, 2026 records it as "Tekcash". Being registered does not make every charge lawful: a charge above the caps can be reported to the SEC. SEC list, Sep 29, 2026
| Item | Result | Source |
|---|---|---|
| App on the SEC list of recorded online lending platforms (dated Sep 29, 2026) | Yes, as "Tekcash" | SEC list, Sep 29, 2026 |
| Company and SEC Reg. No. | Tekwang Lending Corp., CS201911369 | SEC list, Sep 29, 2026 |
| Certificate of Authority No. | 3032 (as printed by Tekcash) | Google Play, updated Sep 17, 2026 |
| Price published | Yes: Maximum APR 144%. Its example: 3.3% a month interest plus a 6.6% a month service fee. | Google Play, updated Sep 17, 2026 |
| Loan amount and term | ₱1,000 to ₱90,000, over 90 to 360 days | Google Play, updated Sep 17, 2026 |
| Google Play rating | 4.6 of 5 from 65,513 ratings, 1M+ installs, as of Oct 2, 2026 | Google Play, updated Sep 17, 2026 |
On ₱5,000 for 120 days, Tekcash's published terms come to at most ₱2,400 in interest and fees: Tekcash states a combined interest-and-fees rate of 12% a month, which works out to an all-in cost of 17.8% a month on the cash you receive because you repay in instalments but pay interest on the original amount the whole time. Tekcash on Google Play, updated Sep 17, 2026
Working: 144% a year × 120/360 days × ₱5,000 = ₱2,400 (interest and fees). The all-in rate is the monthly rate at which 4 payments of ₱1,850 repay the ₱5,000 you receive (SEC MC No. 14 s.2025 Sec. 2(d)).
Above the SEC caps for this loan: no separate interest rate to test against the 6% cap; all-in 17.8% a month against the 12% cap (above it) (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 Tekcash with the other recorded apps, or get it from its official Google Play listing.
Tekcash interest rate and what you pay back
Maximum APR 144%. Its example: 3.3% a month interest plus a 6.6% a month service fee.Its own example, ₱20,000 for 120 days
Total Repayment: ₱20,000 + ₱2,640 + ₱5,280 = ₱27,920
- You pay back
- Up to ₱7,400
- Cash you receive
- ₱5,000
- Interest and fees
- Up to ₱2,400
- All-in cost (EIR) a month, at most
- 17.8%
- Share of the loan
- 48%
Terms from Tekcash's Google Play listing, updated Sep 17, 2026. The calculator gives the same ₱27,920 for Tekcash'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
Tekcash Disclosure Statement, worked out: ₱5,000 for 120 days
Tekcash 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) | 144% a year × 120/360 days × ₱5,000 | Tekcash's published maximum | ₱2,400 |
| Finance charge | Interest + every fee above | RA 3765 Sec. 4(6) | ₱2,400 |
| Simple annual rate | Tekcash publishes its maximum APR | RA 3765 Sec. 4(7) | Up to 144% |
| Late penalty, at most | 5% × ₱7,400 due | SEC MC No. 14 s.2025 Sec. 3 | ₱370 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 × ₱2,400, up to ₱2,000 | RA 3765 Sec. 6(a) | ₱2,000 |
Should you borrow from Tekcash?
For ₱5,000 over 120 days, HappyPera2 costs at most ₱395, which is ₱2,005 less than Tekcash's published maximum of ₱2,400.
Choose Tekcash if
- you want to spread payments over as long as 360 days.
- you need up to ₱90,000.
Skip Tekcash if
- you borrow ₱5,000 for 120 days at its top rate: that is above an SEC cap.
- you have no regular income: it asks for "stable source of income".
Tekcash requirements, customer service and how to pay
- Requirements
- Filipino citizen aged 18 or above; At least one valid government-issued ID; Stable source of income
- support@tekcash.ph
- Phone
- +63 (0917) 821 6555
- Hours
- Monday to Sunday, 9 AM to 6 PM
- Pay through
- The channels shown in the app for your loan
As Tekcash lists them on its Google Play listing, updated Sep 17, 2026. Use only these channels or the app itself. Source
If you cannot pay Tekcash on time
If all ₱7,400 of a ₱5,000, 120-day Tekcash loan fell due unpaid, the penalty could be at most ₱370 a month, and interest, fees and penalties together could never pass ₱5,000. Tekwang Lending Corp'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).
Complain to Tekcash first at support@tekcash.ph or +63 (0917) 821 6555. If that fails, report Tekwang Lending Corp 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 Tekcash's published terms and SEC record, not the offer in your own loan agreement. For a dispute over a specific loan, contact Tekcash first, then the SEC (hotline 14732); for a legal claim, a lawyer.
Questions about Tekcash
Who owns Tekcash?
Tekwang Lending Corp (SEC Reg. No. CS201911369), per the SEC list dated Sep 29, 2026.
What is Tekcash's interest rate?
Tekcash states (Tekcash's Google Play listing, updated Sep 17, 2026): "Maximum APR 144%. Its example: 3.3% a month interest plus a 6.6% a month service fee." On ₱5,000 for 120 days: Tekcash states a combined interest-and-fees rate of 12% a month, which works out to an all-in cost of 17.8% 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 Tekcash?
Tekcash lists (Tekcash's Google Play listing, updated Sep 17, 2026): Filipino citizen aged 18 or above; At least one valid government-issued ID; Stable source of income.
What is Tekcash's customer service number or e-mail?
Phone: +63 (0917) 821 6555. E-mail: support@tekcash.ph. Hours: Monday to Sunday, 9 AM to 6 PM. As listed by Tekcash (Tekcash's Google Play listing, updated Sep 17, 2026).
Does Tekcash call your contacts?
Tekwang Lending Corp 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 Tekcash at support@tekcash.ph, then the SEC on 14732.
Cheaper than Tekcash for ₱5,000 over 120 days
No lender pays to appear on this site or to change its position.
- 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".
- Loanova: at most ₱480 in interest and fees (29.2% a year × 120/365 days × ₱5,000 = ₱480 interest); lends ₱4,000 to ₱100,000. Downside: skip it if you have no regular income: it asks for "active phone number and regular income".
- Pesoloan: at most ₱510 in interest and fees (31% a year × 120/365 days × ₱5,000 = ₱510 interest); lends ₱1,000 to ₱100,000.