GLoan is GCash's instant cash loan feature for eligible Fully Verified users. It is designed for short-term financial needs and can be applied for entirely within the GCash app.
Who Can Apply for GLoan?
GLoan eligibility is based on your GScore — GCash's internal credit scoring system. To build a good GScore, use GCash regularly for transactions like sending money, paying bills, buying load, and using other GCash financial services. The more actively and responsibly you use GCash, the higher your GScore and the more likely you are to qualify.
How to Check if You're Eligible for GLoan
Open the GCash app and tap Borrow from the home screen or the full services menu. If you see the GLoan option with an active "Apply" button, you are eligible. If it shows "Not yet available," continue building your GScore through regular GCash usage.
How to Apply for a GLoan
- Open GCash and tap Borrow > GLoan.
- Review the loan amount offered and select the amount you wish to borrow.
- Choose a repayment term that suits your budget.
- Review the interest rate, monthly payment, and total cost.
- Confirm the application with your MPIN.
- Loan proceeds are credited to your GCash wallet instantly upon approval.
Repaying Your GLoan
Monthly repayments are automatically deducted from your GCash wallet on the due date. Ensure you have sufficient balance in your wallet before the payment date to avoid late fees. You can also make early repayments at any time through the app.
Always borrow only what you need and can repay on time. Late payments negatively impact your GScore and may result in additional fees.
GLoan vs. GCredit
GLoan is a direct cash loan credited to your wallet — you can use the funds for any purpose including withdrawing cash. GCredit, on the other hand, is a buy-now-pay-later credit line used specifically for in-app purchases and bill payments. Choose the option that best fits your financial need.
