k. What happens if I cannot pay my Cash Loan on time? i. Use Skyro Flexi
If you missed a due date, the late fee of ₱500 (or 5% of the disbursement amount, whatever is lower) applies after your due date. The late fees apply every month that you’re overdue, boss.
If you cannot pay your loan on time, try activating Skyro Flexi! This features lets you change your monthly payment amount and due date. It’s perfect to use when you need more time to pay for your loan, or you want to increase or lower your payment amount to fit your budget.
You can use Skyro Flexi up to 3 times for monthly payment changes, and 3 times for due date changes — per loan. Make sure to activate Flexi within 6 days before your due date, so it starts with your next monthly payment. For more information on how to use Skyro Flexi, click here.
Got questions, boss? (Cash Loan FAQ)
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How can I use my Cash Loan?
A Skyro Cash Loan gives you extra money sent straight to your account. Use it for bills, school fees, home needs, or anything important that comes up. Pay online, settle expenses, or withdraw cash whenever you need it, boss.
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How to pay for my Cash Loan?
There are 2 ways to pay for your Skyro Cash Loan: online or over-the-counter. Find out how to pay here. -
How to compute my Cash Loan amount and interest?
You can use our online Cash Loan calculator to get an estimate of your loan amount and interest. The final amount will be shown once your loan is active and will depend on the terms you choose. Monthly interest rates range from 1.5% to 7%.