How do I approve GLoan?
How do I know if my GLoan is approved
The application process will take up around 5-10 minutes. GLoan are pre-approved loans and will instantly be approved once done with the application process. You will see this confirmation message if you had a successful GLoan application.
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Why is GLoan unavailable for me
What should I do if I was notified that I'm eligible for GLoan but when I applied, the app says it's not available for me Your eligibility for GLoan may change from time to time based on your GCash activity and is subject to credit risk rules and policies.
What is the required GScore to unlock GLoan
You need to have a GScore of at least 80 to qualify for a loan from GCash.
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How long do I have to wait to apply for another loan in GLoan
Hi, you can re-apply for another GLoan, as long as you've paid in full your active GLoan, your GLoan is already closed, and you still meet the eligibility requirements.
How long does GLoan get credited
The GLoan amount you applied for will be added to your GCash wallet within 24 hours after applying for a GLoan. You will see this confirmation message if you had a successful GLoan application. To know more about the GLoan application process, visit How do I apply for a GLoan Was this article helpful
How do I fully pay GLoan in advance
Yes! You may pay your loan in full through the GLoan feature in the app. You can check the total amount that you need to pay through your amortization schedule or by simply multiplying your monthly due amount to your remaining months to pay the loan.
Can I borrow cash from GCash
GLoan is GCash's fast and easy cash loan solution where you can loan up to PHP 125,000 instantly. You can use your loan to pay bills, go shopping with over 200,000 GCash partner merchants, and you can also cash out your loan to your chosen bank account or cash out channels using GCash's Send Money feature.
What is a qualified GScore
GScore is a score that reflects how active you are in using GCash's products and features. It is the trust rating computed for you based on the various activities you do in GCash such as maintaining an active wallet balance, paying your bills, using GSave, GInvest, and GInsure. GScore Factors.
What is the credit limit for GScore
Currently, GCredit is only available for users who are fully verified and have high GScores1. GCredit can give you up to PHP 10,000 Credit Line and up to 5% Interest Rate (monthly) which is prorated; meaning that the earlier you pay your dues, the lower your interest fee is.
What is the maximum loanable amount in GLoan
PHP 125,000
GLoan is GCash's fast and easy cash loan solution where you can loan up to PHP 125,000 instantly. You can use your loan to pay bills, go shopping with over 200,000 GCash partner merchants, and you can also cash out your loan to your chosen bank account or cash out channels using GCash's Send Money feature.
Can I get a loan if I already have 2 loans
Yes. Many lenders allow multiple outstanding personal loans. You can take out a personal loan from multiple banks or online lenders, as long as you qualify. If you already have a lot of outstanding debt, however, a lender might not approve you for an additional loan.
Can you pay GLoan immediately
Yes! You may pay your loan in full through the GLoan feature in the app. You can check the total amount that you need to pay through your amortization schedule or by simply multiplying your monthly due amount to your remaining months to pay the loan.
Can I use GLoan after full payment
Yes! You can apply for a GLoan while having existing dues with other GCash products such as GGives and GCredit provided that you received a message from GCash that you are eligible for a GLoan.
Can I get another GLoan if I pay in full
Customers are only allowed to take out one GLoan at a time. Pay your loan in full as soon as possible to become eligible for your next GLoan!
How much can you borrow from GLoan
PHP 125,000
GLoan is GCash's fast and easy cash loan solution where you can loan up to PHP 125,000 instantly. You can use your loan to pay bills, go shopping with over 200,000 GCash partner merchants, and you can also cash out your loan to your chosen bank account or cash out channels using GCash's Send Money feature.
How much can GCash lend you if you’re a first time borrower
Instantly approved loans straight to your wallet with GLoan
GLoan is GCash's pre-approved, fast-cash loan offering, empowering eligible users to kickstart their goals in an instant. Borrowers may loan up to Php125,000, which is sent straight to their e-wallet.
How do I borrow instant cash
Fastest Ways to Borrow MoneyPersonal Loan From an Online Lender.Credit Card Purchase.Home Equity Line of Credit (HELOC)Cash Advance.Loan From a Friend or Family Member.Retirement Account.Loan App.Pawn Shop Loan.
How do you unlock GScore fast
Make GSave deposits regularly.
Grow your savings quickly and enjoy a 2.6% interest rate with any amount you deposit. If you make GSave deposits regularly, your GScore increases. Keep a healthy savings balance to maintain a good GScore.
What is the highest G credit limit
GCredit gives you a credit line of up to PHP 30,000 that allows you to instantly pay for your online transactions and your essentials at a later date to over 100,000 stores and billers with no additional requirements needed. A credit line allows you to borrow money anytime to complete your online transactions.
How much is 670 credit score
Below 580: Poor. 580 to 669: Fair. 670 to 739: Good. 740 to 799: Very Good.