How do you qualify for GLoan?
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 do I know if I am approved for GLoan
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.
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.
How much can I borrow for 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.
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.
Why is my GScore getting low
Your GScore changes depending on your GCash activity such as your E-wallet balance, Bills Payment, and GCredit Payment Behavior. The more you use GCash, the higher your GScore. There are 2 reasons why your GScore might be changing, check which applies to you to learn more: I am not yet a GCredit user.
How can I borrow money from GCash
To borrow, users simply submit their loan application within the app with no additional documents needed and wait for the loan to be reflected straight to their GCash wallet within 24 hours. The loan can then be paid for as low as P265 a month for 5-24 months.
How many months is GLoan payable
You can pay for your loan within 24 months depending on your eligibility and loan amount. Interest fees will range from 1.59% to 6.57% per month. Please view your Gcash app to check your loan eligibility. Was this article helpful
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.
How do I borrow from GLoan
How do I get startedEnjoy instant disbursement to your GCash wallet!Tap "Borrow" on the main page and select "GLoan"View your loan limit, interest rate and processing fees.Select your loan amount, purpose of loan and review the details.Review the disbursement amount, monthly dues and your first due date.
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 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.
How is GScore calculated
Your GScore is computed based on the activities you do in the app, such as maintaining a healthy wallet balance, Bills payments, and loan payments for GCredit, GGives, and or GLoan.
How can I check my GCash loan eligibility
Reminder: Make sure you meet our minimum requirements listed below.You must be 21 to 65 years old.You must be a Filipino national.Your GCash profile needs to be fully verified via the GCash app using any of the following IDs:You have a good credit record and did not commit any fraudulent transactions.
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 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.
How soon can I get another GLoan
I already have an existing GLoan, can I apply for another one 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!
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.
What is the fastest way to increase GScore
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.
How do I get a higher GScore
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.