GCash introduces GLoan, GGives, and GCredit as its suite of lending products, which provide Filipinos with an easy and flexible borrowing process. The products are aimed at Filipinos who have outstanding loans, with the top three reasons being day-to-day expenses, emergencies, and fulfilling financial or life goals.

Only 2 out of 10 Filipinos have access to formal financial services offered by banks and government institutions, and 25% were forced to use up their savings during the pandemic.

GLoan offers instant cash up to Php 125,000 with interest rates as low as 1.59%, while GGives is a flexible installment plan for purchasing big-ticket items up to Php 125,000–and is payable by up to 24 months. GCredit, on the other hand, is an always-ready credit line that can be used for bills payment, online purchases, and in-store QR purchases for up to Php 50,000 for eligible users.

“We at GCash are working hard to give every Filipino access to fair loans not just to help them meet their basic needs but also empower them to achieve their life goals,” FUSE Lending Growth Marketing Head Zo Canaria. “Through GCash’s in-app innovations, we hope to give Filipinos an easy way to fund the lifestyle they deserve and fulfill long-standing goals they were previously unable to achieve due to financial challenges.”

To be eligible for these products, users must have a fully verified GCash profile and maintain a qualified GScore, which is the app’s trust rating reflecting their GCash activity. The GScore is the primary basis to qualify for the products and enjoy benefits such as the lowest interest rates and the highest credit line or loan amount. GCash aims to make affordable loans accessible to more Filipinos and empower them to achieve their life goals.