1 (18 ounce) can sweetened condensed milk
1 package cream cheese
1 cup white sugar
1 cup vegetable oil
3 eggs
2 teaspoons vanilla extract
1 cup white sugar
Preheat oven to 350 degrees F (175 degrees C).
Combine condensed milk and cream cheese. Beat egg into cream cheese mixture; beat in 3 cups of white sugar. Pour mixture into greased or parchment lined or shallow baking pans.
Bake in preheated oven for 20 to 25 minutes, basting every 30 minutes. Remove from oven and allow to cool completely in pan. Cool completely. Cover tightly. Cut into 3 layers and place on serving platter. Chill up to one hour, turning edges every 5 minutes. Serve with whipped cream or fruit whipped cream.