9 GCredit Facts You Need To Know


These are just a few of the myths about GCredit that we are going to bust in just a moment. If you haven’t heard of GCredit yet, it is a revolving mobile credit line on the GCash app which users can use to pay for goods and services at GCash QR-accepting merchants, or to pay for bills in the “Pay Bills” feature of the GCash app. Essentially, GCredit is a convenient extension to GCash users’ budgets!

It might sound a bit complicated at first, but it’s actually much simpler than it seems. Once you understand how your GCredit line works, you’ll be on your way to using it more creatively. Now, let’s debunk some GCredit myths! 

💡 Myth 1: My GCredit limit will increase even if I don’t use my GCash

If you want a higher GCredit limit, just use your GCash regularly! Scan to pay, buy load or pay bills as often as you can to increase your GScore.

 

💡 Myth 2: My GScore is pointless

Your GScore is your key to unlocking the world of GCredit! It dictates what your GCredit limit and corresponding interest rate will be. Simply put, a higher GScore can get you higher GCredit limits plus lower interest rates!

 

💡 Myth 3: I can’t use my GCredit anywhere

When you visit our 60,000 GCash QR-accepting merchants nationwide, or choose to pay any of our 400 in-app billers, you can use GCredit as the payment method!

 

💡 Myth 4: It’s okay not to pay my GCredit because interest does not incur

It’s important to fully understand how credit interest works when using GCredit! Basically, you are only charged according to the amount borrowed in relation to the number of days the amount due has been left unpaid, so pay for your GCredit dues before the deadline to avoid getting charged with more fees.

 

💡 Myth 5: GCredit has high interest rates

Take a closer look! Your interest rate is not actually computed per month, but per day! When you pay GCredit dues at an earlier date, the interest incurred is way cheaper compared to paying at a later date.

 

💡 Myth 6: It’s difficult to pay for my GCredit dues

It’s easy to pay for it! All you have to do is go to ‘Manage Credit’ on the GCash app and pay from there, or visit our partner outlets like BPI, Bayad Center, 7-Eleven, LBC, and more!

 

💡 Myth 7: The due date is at every end of the month

Your due date depends on what day of the month your GCredit was activated. Your GCredit line works on a 30 day-cycle, so that means you will receive your bill on the 30th day, and you’re given 15 more days to pay your dues. For instance, if you activated GCredit on the 1st of the month, you will get billed on the 1st of the next month, and your payment will be due on the 15th of said month.

 

💡 Myth 8: My GCredit limit can only be maxed out once a month

You can instantly refresh your allowable spend on GCredit as many times you want in a month when you pay for your GCredit dues earlier than the due date!

 

💡 Myth 9: It’s difficult to pay for my GCredit dues

It’s easy to pay for it! All you have to do is go to ‘Manage Credit’ on the GCash app and pay from there, or visit our partner outlets like BPI, Bayad Center, 7-Eleven, LBC, and more!

Now that we’ve proven these myths wrong, it’s time to do more and enjoy more with GCredit! Visit any of our 60,000 partner merchants around the country or pay over 400 billers in-app using GCredit, and always remember to pay your dues early so you can make the most out of your mobile credit line!

 

Visit fuselending.com/gcredit to learn more about GCredit.