GCash extends loan payment grace period, waives fees for typhoon victims

GCash is extending a two-week payment grace period for GLoan and GGives borrowers and waiving fees for small cellphone loads to assist users affected by Typhoon Carina.

Fuse Lending, GCash's credit arm, will allow borrowers in calamity-stricken areas to postpone their loan payments due between July 21 and July 31, 2024, without penalty.

GLoan offers eligible GCash users the ability to borrow up to P125,000, while GGives is a buy-now-pay-later service.

The fintech company is also waiving fees for cellphone loads priced at P59 and below from July 25 to July 31.

These initiatives aim to help customers in typhoon-affected regions manage their expenses and stay connected during the challenging times.

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