GCash offers more loans for entreps, borrowers - BusinessMirror

Mobile e-wallet GCash is growing its lending portfolio by providing more loan solutions to business owners and individual borrowers.

MOBILE e-wallet GCash is growing its lending portfolio by providing more loan solutions to business owners and individual borrowers.

The Ayala-led company lent over P40 billion at end-June as it expanded to more products like GLoan and GGives. The latter, likewise, allows those to avail the same maximum loan amount to buy-now-and-pay-later items from GCash partner-merchants. They can use the GGives service when they shop in the store, scan to pay, or purchase online. With low interest rates, credit settlement comes in flexible installment options of three, six, nine to 12 months.

“GGives, GCredit, and GLoan are available for fully verified GCash users with a good GScore standing. To increase your GScore, maintain a healthy account balance by cashing in regularly, and use various GCash services such as Pay Bills, Send Money and Pay Online,” noted Bangit.

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