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GCash Loans: GLoan, GGives and GCredit Explained

GCash offers three different ways to borrow — a cash loan, a pay-later plan and a credit line — from two different lenders. Here is what each one costs in pesos, who gets offered it, and what to do when the Borrow screen has nothing for you.

Published October 26, 2026

GCash is the first place many Filipinos look when money runs short. The app is already on the phone, payday often lands in the wallet, and the loan arrives without a branch visit. That convenience hides real differences between the three products on the Borrow screen — and a few terms that matter more than the headline rate.

Every figure below comes from GCash's own product page, help centre and terms and conditions as published in October 2026. Your actual offer is set per user and shown in the app before you confirm.

Three products, two lenders

GCash itself — G-Xchange, Inc. — is an e-money issuer regulated by the Bangko Sentral ng Pilipinas. It does not lend. The money comes from two different companies:

• Fuse Financing, Inc., an SEC-registered financing company (SEC No. CS201617622), recorded as "Fuse" on the SEC's October 2026 list of online lending platforms. Fuse provides GLoan, the smaller GLoan Sakto and GGives.
• CIMB Bank Philippines, a BSP-supervised bank, which provides GCredit.

GLoan is repaid in monthly installments, GGives over 2 to 24 months, and GCredit is revolving: repay it and the limit is available again. Two of the three charge a rate that looks small and is not, and the third is cheap or expensive depending entirely on how fast you repay. The sections below show each in pesos.

GLoan: the cash loan

GLoan sends cash to your GCash wallet in a single amount that you repay in monthly installments.

• Amount. GCash's help centre lists ₱500 to ₱300,000, chosen in ₱500 steps within the range you are offered. The GLoan product page advertises loans of up to ₱150,000. In practice, the ceiling is whatever your own offer says.
• Interest. 1.59% to 6.99% a month, depending on your eligibility and the term you pick.
• Processing fee. 3% to 5% of the loan amount, deducted before the money reaches you. Borrow ₱10,000 with a 3% fee and ₱9,700 arrives.
• Speed. Funds are typically released within 24 hours, with confirmation by SMS and email.
• Late payment. 1% of the loan amount for each missed due date, plus 0.15% of the total outstanding balance for every day the payment is late.
• Early repayment. Allowed, subject to what the terms call a "reasonable processing fee". Paying in full at least one month before the final due date may qualify you for interest cashback.
• Cancellation. The terms allow you to cancel within three business days of receiving the loan, but the processing fee is not refunded.

What GLoan costs in pesos

GCash does not publish a worked GLoan example, so the table below applies the published rates the way GCash's own GGives example does — a fixed monthly rate charged on the original amount for every month of the term. It assumes ₱10,000 over six months with a 3% processing fee, so ₱9,700 reaches your wallet. Your disclosure statement shows the exact figures before you confirm.

"Cost" is the total repaid minus the ₱9,700 that actually reached your wallet. Same app, same ₱10,000, and the cost runs from about ₱1,250 to almost ₱4,500 depending on the rate your profile is given. In effective terms, counting the fee and the fact that you pay the principal down as you go, the cheapest row works out to roughly 3.6% a month and the most expensive to about 12% a month.

Note what does not protect you here. The SEC's 12%-a-month ceiling on small loans only covers loans of ₱10,000 or less with terms of up to four months, so a GLoan repaid over five months or more — the term GCash's own calculator shows by default — falls outside it, whatever the amount. The 2026 interest rate cap explained sets out exactly which loans it covers.

The number to read on the confirmation screen is the total amount to repay. The monthly rate tells you very little until it is multiplied by the term and the fee is added.

GLoan Sakto: the mini-loan

Some users are offered GLoan Sakto instead: ₱100 to ₱500, repaid in a single payment after 21 days. It charges 0% interest and an 8% processing fee collected when you repay, plus 1% of the loan amount for each missed due date.

Borrow ₱500 and you repay ₱540. "Zero interest" does not mean free: ₱40 for three weeks is the equivalent of about 11% over a 30-day month. Reasonable for a genuine emergency, expensive as a habit.

GGives: pay later at partner stores

GGives lets selected users buy from partner merchants — scan the store's QR code, choose GCash, then GGives — and pay in installments. GCash describes it as a limited-time offer for selected users and reviews offers regularly, so it can appear and disappear.

• Limit. ₱1,000 to ₱125,000.
• Term. 2 to 24 months, depending on your offer.
• Interest. 0% to 5.49% a month, depending on eligibility and term. GGives runs 0% promotions on some terms — from January to April 2026, for example, the 2-month term was interest-free at participating stores.
• Late payment. 1% of the principal for each missed due date, plus 0.15% of the outstanding principal for each day late.

GCash's own example is the clearest lesson in how add-on rates work. A ₱10,000 purchase over six months costs ₱2,015.67 a month, or ₱12,094 in total. That is 3.49% charged on the full ₱10,000 for all six months — even though by the final month you owe only a sixth of it. Measured on the balance you actually owe, the rate is closer to 5.7% a month, or about 69% a year. Paying one installment five days late in that same example adds ₱162.50.

GCredit: the credit line

GCredit is a revolving credit line from CIMB Bank that lets you pay bills and merchants in GCash even when your balance is zero. Repay it and the limit is available again.

• Limit. Up to ₱50,000.
• Interest. 5% to 7% a month, depending on how actively you use GCash. Interest is charged per day, starting the day after you use the credit, and nothing is charged if you repay on the same day. GCash's example: ₱1,000 used on 1 October and repaid on 10 October costs ₱15 at 5% a month.
• Late fees. Under CIMB's GCredit terms, ₱200 once you are a day past due, then further charges of ₱300, ₱400 and ₱600 at 31, 61 and 91 days past due.
• Permitted use. CIMB's terms limit GCredit to personal needs such as education, hospitalisation, emergencies, travel and household spending, not business or investment.

Daily interest makes GCredit the cheapest of the three for a few days and one of the most expensive over months. At 5% to 7% a month, a balance that stays unpaid adds up to 60% to 84% a year even before late fees — and CIMB's terms add unpaid interest to the balance at the end of each billing cycle.

Who gets offered what

GCash lists these conditions for GLoan:

• Aged 21 to 64
• Filipino citizen
• Fully Verified GCash account and a verified email address
• A Philippine mobile number — international numbers cannot access GLoan
• No overdue balance on GLoan, GGives, GCredit or Borrow Load
• A passed face verification — after five failed attempts you wait 24 hours
• Meeting GCash's own evaluation, which it does not publish

Eligibility is rechecked every week, and GCash sends an SMS when an offer becomes available.

What GScore is — and is not

GScore measures how actively you use GCash: keeping money in the wallet, paying bills, using GSave, GInvest and GInsure, and repaying GCash loans on time. It updates weekly, belongs to your mobile number and cannot be transferred. GCash itself says there is no sure way to increase it, and that even a high GScore does not guarantee a loan.

GLoan not showing? Work through this list

1. Finish full verification in Profile: government ID, face scan, submit.
2. Verify your email address. It is a separate requirement from account verification.
3. Clear every overdue amount on GCash credit products, including small ones on Borrow Load.
4. Check the basics: age 21 to 64, Filipino citizen, a Philippine mobile number.
5. Use GCash normally for a few weeks — cash in, pay bills, pay by QR, keep a balance, open GSave. These are the activities GCash itself recommends.
6. Wait for the weekly recheck instead of reinstalling the app or opening a second account.
7. Ignore anyone selling a GLoan "unlock" or a GScore "boost". No one outside GCash can change your eligibility. Upfront fees for a loan are the most common loan scam pattern, whatever name is attached to them.

If none of that changes anything after a few weekly cycles, the honest reading is that GCash's model does not see enough activity on your account — which says more about how you use the app than about whether you can repay a loan.

The part most people miss: your wallet is the collection channel

GCash loans are collected through GCash itself, and the terms say so plainly:

• Under the GLoan terms effective 25 June 2026, a missed due date triggers automatic daily deductions from your GCash wallet until the overdue amount is paid. If the main wallet is short, Fuse may deduct from other GCash wallets or accounts in your name.
• The GGives terms work the same way: overdue amounts are deducted from the wallet automatically, every day, until they are settled.
• CIMB's GCredit terms allow the bank to set off what you owe against your deposits and registered GCash wallets.
• Defaults can be reported to the Credit Information Corporation and placed on negative lists, and accounts can be referred to collection agencies after advance notice.

In practice: if your salary or a remittance lands in GCash while a payment is overdue, part of it can be gone before you open the app. An overdue balance on any GCash credit product also stops you from getting a new GLoan until it is cleared, and because defaults are reported, it can affect what banks and other lenders offer you later. Our guide to what happens if you miss a loan payment covers what lenders may and may not do next.

Which one fits which situation

• A few days until payday, paying a bill: GCredit, repaid within days. Daily interest keeps short use cheap.
• ₱100 to ₱500 for three weeks: GLoan Sakto — knowing it costs 8% of the amount.
• A planned purchase at a partner store: GGives, ideally on a 0% term. Check the total before you confirm.
• A larger amount over several months: GLoan — after comparing its total repayment with a bank personal loan or another lender.
• Paying one GCash loan with another: never. Using GCredit to cover GGives installments, or a GLoan to clear GCredit, is how a manageable balance becomes an unmanageable one.

Quick answers

Is GLoan legit? Yes. GLoan is lent by Fuse Financing, Inc., an SEC-registered financing company recorded as "Fuse" on the SEC's October 2026 list of online lending platforms, and GCash itself is regulated by the BSP.

How fast is GLoan released? GCash says funds are typically released within 24 hours, with an SMS and email confirmation.

Can I get GLoan with a low GScore? GCash does not publish a minimum score and says no score guarantees eligibility. A low score usually reflects little activity, which is why the steps above focus on normal, regular use.

What happens if I do not pay GLoan? Late fees of 1% of the loan per missed due date plus 0.15% of the outstanding balance per day, automatic daily deductions from your wallet, possible referral to a collection agency, and a report to the Credit Information Corporation.

Can I pay GLoan early? Yes, subject to a processing fee under the terms. Paying in full at least a month before the final due date may earn interest cashback.

Is GCredit the same as GLoan? No. GCredit is a reusable credit line from CIMB Bank with daily interest; GLoan is a fixed loan from Fuse repaid in monthly installments.

If GCash says no

Not being offered GLoan is common and usually temporary. If you cannot wait for the weekly rechecks, look at legit loan apps checked against the SEC list, consider a bank personal loan for larger amounts, or compare offers from our partners — and compare every option on the total amount you will repay, not on the monthly rate.

Sources: GCash GLoan product page; GCash Help Center articles "GLoan fees and interest rate", "How to unlock and apply for GLoan", "Why can't I apply or borrow from GLoan?", "What is GLoan Sakto?", "What is GScore?", "GGives fees and interest rates", "How much can I borrow with GGives?", "GGives 0% Interest Rate Promo", "GCredit fees and interest rates" and "How much can I borrow with GCredit?"; GLoan Terms and Conditions (effective 25 June 2026); GGives Terms and Conditions; CIMB Bank Philippines GCredit Terms and Conditions; SEC List of Recorded Online Lending Platforms as of 12 October 2026. Figures as published in October 2026; offers vary by user. Online Loan in PH is not affiliated with GCash, Fuse or CIMB. This article is general information, not financial advice.

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