This means that the interest that you have to pay is calculated by multiplying the amount you have borrowed by the interest rate (5%) and then multiplying the product by the number resulting from dividing the number of days between the date of borrowing and date of payment by 30. Interest Incurred = Principal Amount Borrowed x Interest Rate x Therefore, the earlier you pay, the smaller the fee you’ll incur. It must be noted that the interest is based on the number of days that have passed since you borrowed from GCredit, with 5% as the maximum interest rate you’ll be charged. The amount you borrow from GCredit will be subject to a 5% monthly interest. How Much Can I Borrow Through GCredit?įor new GCredit users, there’s a credit limit of Php 1,000 which can be increased to Php 10, 000 3. Wait within 1 to 3 business days for an update regarding the approval of your application.
Once you have submitted your application, a message will appear confirming your application. Finally, click the Submit button below to send your application. Make sure that everything is correct and accurate. This person will be reached in case GCash cannot contact you. Lastly, provide the details of the person that can be contacted in case of emergency. Also, answer the question asking you whether you are a Politically Exposed Person (PEP) or not. These include your gender, civil status, other mobile number (if applicable), landline number (if applicable), and TIN Number (optional). Provide your other essential personal information in the required fields.Review your personal information, then tap the Next button.If it is already correct, tap the Next button.
Verify the email address that is indicated.On the other hand, if you’re already qualified, click Unlock GCredit to proceed with the activation. Continue increasing your GScore to make it next time. On your dashboard, tap GCredit. If you are still not qualified for GCredit, a message will appear saying You’re almost there!.Open your GCash app in your mobile phone and log in using your MPIN.
Here are the steps you can follow to do so: In order to use GCredit, you have to activate or unlock it first.
0 kommentar(er)
