CASH MART ASIA LENDING INC.

(CREDITOR)

DISCLOSURE STATEMENT ON LOAN/CREDIT TRANSACTION

(A S REQUIRED UNDER R.A. 3765, TRUTH OF LENDING A CT)

Name of Borrower: John Eduard Miraran Pabongan Application No. 599405

Address: 1335 Villa Capistrano San Joaquin Pasig Ncr

LO AN DETAILS
Payment Reference Number CM9FFE75
Approved Loan Amount 3,000.00
Processing Fee 0.00
Previous Loan Balance 1,710.00
TOTAL DEDUCTIONS: 1,710.00
Net P roceeds 1,290.00
Applied Interest Rate For Your Loan 14.00%
Annual Effective Interest Rate 182.50%
Total Number of Instalment 9
SCHEDULE OF PAYMENT
P ayment Due Date Amount
11/18/2022 1,710.00
12/2/2022 1,710.00

Total Outstanding Balance 3,420.00

Note: Due date will adjust accordingly to the date of disbursement. Should there be any changes, you will
immediately receive an updated schedule of payment in your email.

ADDITIONAL CHARGES IN CASE CERTAIN STIPULATIONS ARE NOT MET BY THE BORROWER
Nature Amount

P enalty Charge 0.0016667% Daily Penalty Based on The Outstanding Balance

I ACKNOWLEDGE RECEIPT OF A COPY OF THIS STATEMENT PRIOR TO THE CONSUMMATION OF THE

CREDIT TRANSACTION AND THAT I UNDERSTAND AND FULLY AGREE TO THE TERMS AND CONDITIONS
THEREOF.

_____________________________ 11/4/2022
Borrower’s Full Name and Signature Date
 Contract Number: CM17B85099

CREDIT AGREEMENT0

PARTIES

This Credit Agreement is made between Cash Mart Asia Lending Inc. (hereinafter called the “Lender”)
with its office situated at 53 Bayani Road unit 2C, Fort Bonifacio, Taguig City, Metro Manila, Philippines
1630 and John Eduard Miraran Pabongan, of legal age, Filipino Citizen, with mailing address at
1335 Villa Capistrano San Joaquin Pasig Ncr (hereinafter called the “Borrower”).

The parties hereby agree to be bound by the following stipulations:

1. THE LOAN

At the request of the Borrower, the Lender extends the Loan to the Borrower in the principal sum of Three Thousand
Pesos (PhP 3,000.00), (the “Loan”), the amount of which is acknowledged to have been received by the Borrower. The
Borrower, in turn, promises to repay the Loan to the Lender within 11/18/2022, 12/2/2022, , from the date hereof
(the “Loan Term”) with an interest rate of Fourteen percent (14.00%) for the duration of the Loan Term.

2. PURPOSE OF THE LOAN

The amount granted as Loan is to be utilized by the Borrower for legitimate purposes, specifically for Additional Fund
For Daily Expenses.

3. PROCESSING FEE

The Borrower shall pay to the Lender ZERO percent (0%) of the principal amount of the Loan, which shall be paid
upfront before disbursement.

4. REPAYMENT

a. The Borrower undertakes to repay the outstanding Loan on or before the end of the term as specified in Section 1 of
this Agreement.

b. The repayment schedule shall be furnished upon the final approval and after disbursement to the Borrower of the
principal amount applied for and shall follow the approved Loan Term accordingly. The said schedule shall be part
of this Agreement and will be attached as Annex A - Repayment Schedule.

c. If the Borrower fails to pay any scheduled amortization during the term, there shall be charged against him/her, a
penalty of (0.0016667%) late interest per day upon the UNPAID OUTSTANDING BALANCE plus late payment
charges as stated in Annex A Repayment Schedule. Also, the payment of the outstanding balance shall then be
demandable without need of prior notice.

d. The Borrower shall be required to pay in cash at the payment service providers which are in partnership with the
Lender or through any payment facilities as directed or accepted by the Lender.

e. Consistent with Article 113 of the Labor Code and Labor Advisory No. 11, series of 2014, the Borrower consents to
and authorizes his employer (if employed) to deduct a portion of his salary in order to meet the scheduled loan
repayment until such time that the whole Loan Term is met and fulfilled in accordance to Annex A - Repayment
Schedule. in favor of the Lender. The consent can be in the form of a signed Certificate of Employment (COE)
wherein the employer should acknowledge and state in a clear manner the purpose of issuance to the employee.

The borrower warrants that all the said information in this contract and during the loan application are true, complete,
and accurate at the date they were disclosed and are not misleading in any respect.

IN WITNESS WHEREOF, the parties have hereunto signed this CREDIT AGREEMENT on 11/4/2022 at Taguig
City.

CASH MART ASIA LENDING INC 

________________________________ ________________________________
Lender Borrower
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5. REPRESENTATIONS AND UNDERTAKINGS

a. The Borrower hereby represents and warrants:

i. The Borrower, and where the Borrower is a juridical person, each officer and director thereof, is not
bankrupt, of unsound mind or incapable of managing his/her own affairs and where the Borrower is a
corporation, it is duly constituted and validly existing and has the power to own property and assets and to
carry on its business as presently conducted;

ii. The Borrower, or where the Borrower is a juridical person, the authorized representative thereof for
purposes of entering into contract, voluntarily entered into and executed herein Agreement;

iii. If the Borrower is a juridical person, it undertakes that its representative is duly authorized to enter into and
perform the obligations under this Agreement and that all necessary action has been taken to authorize the
creation, delivery and performance of this Agreement, and that entering into this Agreement will not
constitute a breach of any restrictions applicable to the Borrower.

iv. The Borrower will use the loan only according to the purpose given in this Agreement;

v. The entry into and performance by the Borrower of the obligation contemplated by this Agreement do not
and shall not conflict with: (i) any existing law or regulation applicable to the Borrower; or (ii) any
agreement or instrument binding upon the Borrower; and

vi. The Borrower has informed the Lender of all required information which are material and relevant to the
approval of the Loan which ought to be disclosed to the Lender in view of the provisions of this
Agreement. The Borrower warrants that said information are true, complete, and accurate at the date they
were disclosed and are not misleading in any respect.

b. The Borrower covenants with the Lender that during the Loan Term:

i. The Borrower shall comply with all applicable laws in connection with the performance of the obligations
under this Agreement;

ii. The Borrower shall obtain and maintain, in full force and effect, any authorization, consent or approval
required to enable the Borrower to perform the obligations under this Agreement;

iii. The Borrower or his representative shall notify the Lender in writing when he anticipates the occurrence of
potential or actual Event of Default (as specified in this Agreement) and, in each case, the steps being taken
to remedy or avoid the same promptly upon becoming aware of it;
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iv. The Borrower shall provide a prior written notice to the Lender of any change in the Borrower’s name,
residential/office address, or any material information indicated in the Loan Application within three (3)
calendar days of such change;

v. The Borrower or his representative shall notify the Lender of any change in the Borrower’s employment,
business or profession. In the event the Borrower is self-employed or is a juridical person, the Borrower or
the authorized representative, as the case may be, hereby undertakes to keep the Lender informed about the
financial situation of the business as may be requested by the Lender.

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6. EVENT OF DEFAULT

The Loan, its interest and penalties shall be immediately due and payable upon the occurrence of one or more of the
following:

a. The Borrower uses the Loan for a purpose other than stated in this Agreement;

b. The Borrower fails to comply with any provision of this Agreement. This includes any failure to pay, when due, the
principal, interest, and/or any fee payable;

c. The Borrower is discovered to have concealed material information in the loan application or made false or misleading
representation/s or statement/s in the course of securing the approval of this Agreement;

d. Failure of the Borrower to settle any indebtedness in respect of monies borrowed from the Lender, even for a different
transaction

e. Failure of the Borrower to pay tax obligations or duties on their due date.

Upon the occurrence of an Event of Default, the Lender is entitled to:

a. Notify the Borrower in writing, declaring any and all amounts outstanding under this Agreement, including all accru ed
interest and other sums payable in respect thereto, as well as any other indebtedness of the Borrower in favor of the
Lender to be immediately due and payable;

b. Initiate arbitration proceedings as provided under Section 15 hereof;

c. Exercise all of its rights and remedies under this Agreement and other Transaction Documents, or existing law to
protect is interest as creditor against the Borrower or his surety(ies) and/or guarantor(s), when applicable.

7. INDEMNITY

The Borrower shall indemnify the Lender any cost, loss or liability incurred by the Lender arising from arbitration or
similar proceedings with respect to this Agreement due to the fault of the Borrower. The Borrower agrees to indemnify
and hold free and harmless and defend the Lender, its affiliates, representatives, assigns, officers, directors, employees or
agents, from and against any and all claims, actions, suits, demands, damages, losses, liabilities, settlements and costs and
expenses whatsoever which Lender may incur by reason of or in connection with (a) the execution, delivery, administration
or enforcement of this Agreement, or (b) the execution and delivery or transfer of, or payment or failure to pay under,
this Agreement.

8. PRIVACY OF INFORMATION

The Lender shall respect the privacy of the Borrower’s personal information obtained in relation to this Agreement. For
this purpose, the Lender shall implement reasonable and appropriate organizational, physical and technical measures
intended for the protection of the Borrower’s personal information. Notwithstanding the foregoing, the Borrower hereby
expressly permits the Lender to disclose to (i) the government authorities; (ii) any party/person proposing to tender any
payment towards or purchase the indebtedness under the Loan; (iii) its auditors, lawyers or any other debt collectio n
agents; (v) credit reporting agencies; (vi) insurance companies, agents, contractors or third party service providers who are
involved in the provision of products and services to or by the Lender and the holding company, head office, other
branches, subsidiaries, related companies of the Lender, any information relating to the Borrower’s account in respect this
Agreement to such extent as the Lender may reasonably deem necessary. The Borrower hereby agrees that the aforesaid
information may be used, encrypted, transmitted, stored and published, either digitally or in print, by the Lender and its
holding company, head office, other branches, subsidiaries, related companies, including its digital platform and/or
company circular, and/or may be exchanged to or with such persons enumerated above as the Lender considers necessary
to the extent as permitted by Philippine laws. The aforesaid actions are without liab ility to the Lender. The Borrower
expressly consents to such actions and declares that no further consent from the Borrower is necessary or required in
relation thereto.

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9. NOTICES

Notices given to the parties in connection with this Agreement may be delivered by hand, by courier, electronic
messaging (e-mail), facsimile to the facsimile number of the other party, or sent via SMS to the mobile number as
disclosed.

10. ASSIGNMENT

Notwithstanding any other provisions of this Agreement, the Lender may at any time: (i) assign its rights and obligations
pertaining to the Loan; or (ii) create a security in or over any or all of its rights or obligations under this Agreement to any
person provided that the Lender shall notify the Borrower seven (7) business days prior thereto. The Borrower is not
permitted to assign or transfer any of the Borrower’s rights or obligations under this Agreement without the prior
notification to and written consent of the Lender.

11. WAIVER

The delay or failure of the Lender to exercise of any of its rights in this Agreement shall not be construed or deemed as a
waiver of the Lender to the exercise of such rights.

12. GOVERNING LAW

This Agreement is governed by the laws of the Philippines.

13. ARBITRATION CLAUSE

Any dispute, controversy or claim arising out of or relating to this contract, or the breach, termination or invalidity thereof
shall be settled by arbitration in accordance with the Philippine Dispute Resolution Center Arbitration Rules in force at
the time of the commencement of the arbitration.

14. SURETY AND GUARANTEE

The Borrower’s surety(ies) or guarantor(s), if any, will be subjected to the terms on payment upon the occurren ce of one
or more events of default.

15. SEVERABILITY
If any part of this agreement is declared unenforceable or invalid for any reason, the remainder will continue to be valid
and enforceable.

IN WITNESS WHEREOF, the parties have hereunto signed this CREDIT AGREEMENT on 11/4/2022 at Taguig
City.

CASH MART ASIA LENDING INC 

________________________________ ________________________________
Lender Borrower

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 PAGPAPATUNAY

Ako si John Eduard Miraran Pabongan, na nasa wastong gulang at nakatira sa 1335
Villa Capistrano San Joaquin Pasig Ncr, ay nagpapatunay, nagpapatotoo at
sumusumpa na ang mga pirma na nilagdaan ko sa Kontrata sa Cash Mart Philippines na
may petsa 11/4/2022 at may kalakip na Contract Number CM17B85099, kasama ng
Disclosure Statement / Loan Transaction, ay tunay na mga lagda ko at mismong ako ang
pumirma doon.

Naiintindihan ko rin na maaari akong maharap sa anu mang mga kasong sibil o
kriminal kung ako man ay hindi nagsasabi ng totoo o kung may panloloko man ako sa
paglagda ko sa nasabing Loan Contract at Disclosure Statement sa Cash Mart
Philippines.

John Eduard Miraran

Pabongan
Pangalan at Pirma ng Nangutang

_________________________
(Government Issued ID Number
tulad ng TIN, SSS, GSIS, Driver’s
License, Voter’s ID, PRC,
Passport, etc.)

SUBCRIBED AND SWORN TO before me this _____________ in

______________, Philippines, affiant exhibiting to me his/her competent evidence of
identity by way of ______________ issued at _____________ on ______________.

Doc. No. _____;

Page No. _____;
Book No. _____;
Series of 2020.