Philstar
GCash provides 15-day grace period for borrowers affected by recent typhoons
GCash, through its lending arm Fuse Financing Inc., has announced a 15-day grace period for borrowers of GLoan and GGives who are residing in areas impacted by the recent habagat and storms Crising, Dante, and Emong.
Loan payments that were originally due between July 19 and July 31 will now have an extended deadline of 15 days.
This extension means that no penalties or late fees will be applied to eligible borrowers during this period, allowing them to prioritize recovery.
GCash will be sending SMS notifications to eligible borrowers to inform them of their new due dates and provide guidance on managing their loan payments.
Fuse Financing Inc. President and CEO Tony Isidro stated that the company stands with the affected communities and is committed to assisting them in their recovery efforts.
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The Government Service Insurance System (GSIS) has expanded its emergency loan program to include more areas in Luzon and Metro Manila affected by Severe Tropical Storm Crising and the enhanced southwest monsoon.
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The Government Service Insurance System (GSIS) has disbursed over P1.5 billion in emergency loans to more than 44,000 members and pensioners affected by tropical cyclones Dante, Crising, Emong, and other recent calamities.
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