GCash extends 1-month grace period for borrowers affected by Severe Tropical Storm Kristine

In response to the devastating effects of Severe Tropical Storm Kristine, GCash, through its official credit arm Fuse Lending, aims to support those in need by extending a one-month grace period for GLoan and GGives loan repayment for users in #KristinePH-hit areas in Regions V, VIII, XII, and CALABARZON.

Loan repayments due between October 16 to November 7, will automatically be extended by one month. For instance, a loan due on October 22 will now be due on November 22, with subsequent due dates adjusted accordingly. Borrowers will not incur additional interest or late fees during the extension period, allowing them to focus on recovery without added financial stress. Eligible borrowers will receive SMS notifications detailing their new due dates and guidance on managing repayments. Those who can repay early are encouraged to do so.

"We stand with the communities affected by Severe Tropical Storm Kristine and are committed to helping them rebuild their lives," said Tony Isidro President & CEO of Fuse Lending. "Every single effort counts, and together, we can make a significant difference."

#TulongMoiGCashMo: making donations accessible for everyone

In the spirit of Bayanihan during these challenging times, GCash is also enabling various organizations to raise funds and support relief and recovery operations for communities affected by heavy rains and flooding.

GCash users can contribute to various reputable non-governmental organizations which mount rescue, relief, and recovery operations. These NGOs include Ayala Foundation, ABS-CBN Foundation, GMA Kapuso Foundation, UNICEF, Philippine Red Cross, Caritas Manila and Save the Children

Users can opt to send funds directly to the NGOs by searching for them in the "Pay Bills" feature under the "Others" category or scan the official GCash QR code of the organizations. Transaction fees for these donations are waived.

Beware of scammers posing as donation drives

Users are encouraged to donate only through official payment channels like the GCash app and transact with trusted organizations to avoid fraudulent entities. Customers should never share their MPIN or OTP with anyone.

GCash urges thorough background checks on individuals and groups before contributing. Filipinos can download the GCash app for free on Google Play or the App Store. For more information on how you can help, visit the official Facebook page of GCash, https://www.facebook.com/gcashofficial.

GCash has announced a one-month grace period for borrowers impacted by Typhoon Kristine in specific areas. In the CALABARZON region, this includes various towns in Quezon province: General Luna, Lucban, Lopez, Mulanay, and Tagkawayan. Cavite towns like Noveleta, Kawit, Imus, Ternate, General Trias, Bacoor, Tanza, and Silang are also covered. Batangas residents in Lemery, Laurel, Calatagan, Lipa, Alitagtag, Cuenca, Agoncillo, Talisay, and Tanauan are included. In Laguna, the towns are Biñan, Sta. Cruz, San Pedro, Santa Rosa, and Cabuyao.

For Region V, all towns in Albay, Camarines Norte, Camarines Sur, Catanduanes, Sorsogon, and San Fernando, Masbate, are on the list. Meanwhile, in Region VIII, the extension covers specific towns in Eastern Samar: Arteche, Borongan, Can-avid, Dolores, Jipapad, Maslog, Maydolong, Oras, San Policarpo, San Julian, Sulat, and Taft. Additionally, the town of Calbayog in Samar qualifies. Finally, in Region XII, only the town of Magpet in Cotabato is eligible for the grace period extension.