Responsible Borrowing with Cashwagon

  1. 1

    Apply online

    Fill in the details on the application form.

  2. 2

    Wait for approval

    Get approved on loan amount in as fast as 30 minutes.

  3. 3

    Receive the loan

    Receive cash at your bank account in several minutes after approval

How repayment is calculated?

You can choose the loan amount between IDR 500,000 to IDR 2,000,000 for your first loan (you can choose up to IDR 5,000,000 for your second loan and so on).

For example, you decide to borrow IDR 2,000,000 with a repayment term of 20 days as your loan. On the payment date, you decide to pay in full. In this case, the Total Return that you must pay is:
Total Return = IDR 2,000,000 (loan amount) + IDR 320,000 (service fee)

However, if you still want to use a loan. You only have to pay a minimum service fee of IDR 320,000 and get extended payment. On the next due date (a period of 20 days), the amount you must pay for repayment is:
Total return = IDR 2,000,000 (loan amount) + IDR 600,000 (service fee)

Make sure you make payment no more than 2 days after the due date, because you will be charged late fees when paying counted 3 days after the due date.

If our loan is right for you?

  • Our loans are designed to help if you need a small amount of extra cash, for a short period of time
  • A loan shouldn’t be used as a long term financial solution
  • Don’t use a loan to manage existing debt
  • A loan is only for short-term use and may not be the cheapest option
  • Apply for a loan if you are comfortable to pay back on time, because late repayment will mean extra costs
  • Read the information on the website carefully about terms & conditions (including interest rate, fees, penalties etc.), and legal consequences arising from the loan agreement if you have no knowledge and experience for lending services.


  1. The information technology service provider (the platform) facilitates the negotiation and online execution of loan agreement governed under applicable local laws of Indonesia.
  2. The loan agreement itself is to be entered between the lender and the borrower which have to assess and to bear their own risks including credit risk, overdue/default, capacity to pay debt etc.
  3. Credit fraud is recorded and may be visible to public in social media or other resources in the Internet.

Business Character of Fintech Lending

Loan Process online
Loan Tenor 10, 15, 20, 30 days
Document online application
Guaratee Collateral or Guarantors are not required
Type of loan Single payment loan
Total loan Rs. 0,5-2,0 million an amount of a first loan, and up to Rs. 5,0 million for the second and consecutive loans
time process 30 minutes on average
Billing Process online
Repayment Process online (through escrow account)

Expenses and Example

For the loan in the amount Rp. 1,000,000 issued for 30 days:

  1. Net interest income: Rp. 36,500
  2. Risk Assessment: Rp. 40,000
  3. Risk Mitigation: Rp. 150,000
  4. Billing (Collection): Rp. 3,500
  5. Legal Risk: Rp. 0