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Individuals only. Applicant must be at least 21 years old; at most must not be older than 65 years old; Applicant must be a Philippine citizen and a non-US person. Applicant must have a fully verified GCash account; and. Applicant must meet eligible credit requirements.
What is the GScore for GCredit?
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.
Can I borrow cash from GCredit?
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 does GCash credit work?
GCredit is a revolving mobile credit line available on the GCash app which may be used as another payment option for your purchases. Once eligible, you will be given a credit limit that you may consume and replenish every time you pay off your balance with the corresponding interest.
How do I get approved for GCredit Related Questions
What is a GCredit score of 350?
Your score falls within the range of scores, from 300 to 579, considered Very Poor. A 350 FICO® Score is significantly below the average credit score.
How much is the minimum payment for GCredit?
To know more about your bill, visit Where do I see my Minimum Amount Due? Your Minimum Amount Due for this billing cycle is PHP 200. When you pay your Minimum Amount Due, your remaining credit limit will be replenished by PHP 150, which is 15% of your unpaid charges.
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 GScore for 10000 GCredit?
The app requires a GScore of around 600 to unlock the 10000 credit limit to unlock the feature. You just have to keep on using the cash-in feature to increase your score.
How is GScore calculated?
GScore is a score that reflects how active you are when using GCash. 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 borrow 500 pesos from GCash?
Enjoy 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 qualify for GLoan?
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. You maintain a good GScore.
How do I apply for GLoan again?
I already have an existing GLoan, can I apply for another one? Customers are only allowed to take one GLoan at a time. Pay your loan in full as soon as possible to become eligible for your next GLoan!
What is the benefits of GScore in GCash?
Your GScore is the primary basis for you to qualify to use our lending products such as GCredit, GGives, and GLoan. All GCash users have a GScore, which is a score that reflects how active you are when you use GCash. Having a high GScore gives you access to GCredit. Visit How can I apply for GCredit? to learn more.
How do I claim 10 GCash credits?
Eligible users will receive FREE ₱10 load voucher (no min spend) from GCash. You may go to https://gcashapp.page.link/pocket to use your GCash voucher. Purchase must be made using your GCash within the promo period. Voucher received in GCash Voucher Pocket are valid for 12 days upon receipt of voucher.
Is GCash credit free?
Currently, all GCash services are free except for cash out, withdrawals, bills payments, and card applications.
How can I increase my GCredit limit to 30k?
Always use GCredit in your transactions such as Pay Bills, Pay QR, Shop Online, and GLife to increase your GCredit Limit. Limit increases based on your GCredit Activity, your GScore and how much you’re spending using GCredit.
What happens if GCredit is not used?
Your account is already subject to a penalty fee once you have reached the number of days past your due date and you still have outstanding GCredit dues. This would incur an additional penalty fee.
Can I use GCredit again after payment?
GCredit Line Replenishment – You will be able to use your GCredit again after you pay your dues. GScore increase РIf you always pay on or before the deadline, your GScore will increase! The higher your GScore is, the higher your credit limit will be and the lower your interest rates will be!
How do I pay GLoan in full?
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 can I get unlimited cash in GCash?
Verifying your GCash Account. Visit How do I get Fully Verified? Linking and Cashing In from any of the following banks to your GCash Account: Financial Institution. Opening a GSave Account and deposit at least ₱100. Opening a GInvest Account and invest at least ₱100.