GLoan Philippines: A Complete Guide to GCash GLoan, Interest, Payments, and Risks

The rise of digital wallets has transformed how Filipinos access credit. One of the most widely used digital loan products today is GLoan, a cash loan feature inside the GCash app. Backed by regulated financing entities and data-driven credit scoring, GLoan offers fast access to funds for users who may not qualify for traditional bank loans.

This in-depth guide explains how GLoan works, its interest rates, payment options, penalties, and how it compares with GGives, based on Philippine financial regulations and actual platform mechanics.

GLoan GCash: What Is GLoan and How It Works

GLoan GCash is a digital cash loan available to selected GCash users. Once approved, the loan amount is directly credited to the borrower’s GCash wallet and can be used for any purpose, such as bills payment, emergencies, or small business expenses.

GLoan is operated by Fuse Financing Inc., a financing company registered with the Securities and Exchange Commission (SEC) and compliant with the Truth in Lending Act and BSP consumer protection rules.

GLoan Requirements and GLoan App Eligibility

To access GLoan through the GLoan app inside GCash, users must meet the following requirements:

• Filipino citizen aged 21 to 65
• Fully verified GCash account (eKYC completed)
• Active GCash usage history
• Sufficient GScore for GLoan

A high GScore improves eligibility but does not guarantee approval, as the system evaluates overall financial behavior inside the app.

GScore for GLoan: How Credit Scoring Works

The GScore for GLoan is GCash’s internal credit scoring system. It evaluates factors such as:

• Frequency of cash-in and cash-out
• Bills payment and load purchases
• Use of GInsure, GInvest, and other services
• Repayment history for GLoan or GGives

There is no manual way to request a higher GScore. Consistent and responsible usage increases your chances of receiving higher loan offers.

GLoan Disbursement Meaning and GLoan Processing Time

GLoan disbursement refers to the transfer of the approved loan amount to your GCash wallet.

• GLoan approval time: usually instant to a few minutes
• How long does GLoan approval take? In most cases, approval is immediate
• GLoan processing time: disbursement is typically completed within 24 hours

Once the borrower accepts the terms and confirms via OTP, the funds are released automatically.

GLoan Interest Rate and GLoan Interest Computation

The GLoan interest rate is fixed and ranges from 1.59% to 6.99% per month, depending on the user’s credit profile and loan tenor.

Key cost components:

• Monthly interest (fixed)
• 3% processing fee deducted upfront
• Documentary Stamp Tax (DST)

GLoan Interest Computation Example:

If you borrow ₱10,000:

• ₱300 processing fee is deducted
• Net disbursement: ₱9,700
• Monthly amortization remains fixed throughout the term

GLoan Calculator and GLoan Calculator GCash Philippines

The GLoan calculator inside the app shows your estimated monthly payment before confirming the loan. It includes:

• Principal amount
• Interest per month
• Loan tenor

You can also view the breakdown under GLoan calculator GCash Philippines by tapping your loan account details after approval.

GLoan Cashback: Interest Refund for Early Payment

GLoan cashback is offered when borrowers fully pay their loan ahead of schedule. If you settle the loan at least one month before the final due date, GCash may refund the interest for unused months.

The cashback is credited to the GCash wallet, usually within 14 business days.

GGives vs GLoan: Difference Between GLoan and GGives

Many users compare GGives vs GLoan, but these products serve different purposes.

The difference between GLoan and GGives lies in flexibility: GLoan gives cash, while GGives is for “Buy Now, Pay Later” purchases.

Can I Use GGives to Pay GLoan?

A common question is “can I use GGives to pay GLoan?” The answer is no.

• GGives cannot be used to pay GLoan
• GGives cannot transfer funds to a GCash wallet
• Can I pay GLoan using GGives? Also no

These credit lines are technically and contractually separate.

How to Pay GLoan: Payment Methods Explained

How to Pay GLoan Using Maya or PayMaya

To pay GLoan using Maya:

1. Go to Maya app → Bills
2. Select Loans → Fuse Financing Inc.
3. Enter your GLoan account number
4. Confirm payment

How to Pay GLoan in 7-Eleven / 7-11

You can pay GLoan in 7-Eleven using CLiQQ:

• Select Bills Payment
• Choose Fuse Financing Inc.
• Enter Loan Account ID
• Pay in cash at the cashier

Other Options

• GCash wallet (instant)
• Bank apps (BPI, BDO, Metrobank)
• Bayad Center partners

Can I Pay GLoan Using Credit Card or Atome?

• Can I pay GLoan using credit card? No
• Can I pay GLoan using Atome? No

Only approved biller channels are accepted.

GLoan Penalty and What Happens If You Don’t Pay GLoan

If a payment is missed, GLoan penalty charges apply:

• 1% late fee per unpaid installment
• 0.15% daily interest on outstanding balance

What Will Happen If You Don’t Pay GLoan?

• Accumulating penalties
• Lower GScore
• Loss of future GLoan and GGives access

What Happens If You Don’t Pay GLoan Forever?

• Account is reported to the Credit Information Corporation (CIC)
• Possible civil collection case
• Long-term difficulty getting bank loans

Debt is a civil obligation, not a criminal offense, unless fraud is involved.

Unpaid GLoan, Collection Agencies, and Harassment

For unpaid GLoan, accounts may be endorsed to collection agencies. However:

• Harassment is illegal
• Threats, shaming, or contacting phonebook contacts are prohibited
• Complaints may be filed with the SEC or BSP

GLoan Reloan and How Soon Can I Loan Again in GLoan After Paying

After full repayment:

• The system reassesses your account
• GLoan reloan eligibility may appear after a few days
• Approval is not guaranteed

Consistent usage and timely payments improve chances.

How to Increase GLoan Offer and Loan Limits

To increase GLoan offer:

• Pay all loans on time
• Stay active in GCash services
• Keep your account fully verified

There is no manual request option—offers are system-generated.

Is GLoan Worth It?

Is GLoan worth it? It depends on your alternatives.

Pros:

• Fast approval
• No collateral
• Accessible to unbanked Filipinos

Cons:

• Higher interest than banks
• Penalties can accumulate quickly

Compared to informal lenders, GLoan is significantly safer and more affordable.

GLoan Customer Service and Support

For concerns, users may contact:

• GCash Help Center (in-app)
• Email support
• BSP Financial Consumer Protection Desk for escalations

Always keep your GLoan account number for reference.

Final Thoughts: Responsible Use of GLoan Philippines

GLoan and GGives are powerful financial tools within the Philippine fintech ecosystem. When used responsibly, they provide access to credit that was once unavailable to millions of Filipinos. However, understanding interest, penalties, repayment rules, and long-term credit impact is essential.

In today’s digital economy, your repayment behavior defines your future access to credit. Manage GLoan wisely, and it can be a stepping stone—not a financial burden.