GCASH PROVIDES 15-DAY GRACE PERIOD FOR BORROWERS AFFECTED BY RECENT TYPHOONS

GCash extends grace period for typhoon-hit borrowers, waives late penalty fees and interest charges within the extension period.

PHILIPPINES – Philippines’ leading super finance app, GCash, through official lending arm Fuse Financing Inc., is extending relief by granting a 15-day grace period for borrowers of GLoan and GGives residing in areas hit by the "Habagat" monsoon and Tropical Depressions Crising, Dante, and Emong.

 

Loan repayments due between July 19 to July 31, will automatically be extended by 15 days. For example, if a customer's due date is July 21, 2025, and they miss the payment or have insufficient funds, no penalty or late fee will be applied until August 5, 2025. 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 the recent onslaught of typhoons and are committed to helping them rebuild their lives," said Tony Isidro, president and CEO of Fuse Financing. "Every single effort counts, and together, we can make a significant difference."

 

Here are complete list of areas where GCash extends 15-day grace period for borrowers affected by the recent typhoons: For National Capital Region (Las Piñas, Malabon, Manila, Marikina, Navotas, Quezon City), Region 1 (Pangasinan), Region III (Bataan, Bulacan, Pampanga, Tarlac), Region IV-A (Batangas, Cavite, Rizal), Region IV-B (Palawan), Region VI (Antique) and Region VII (Cebu City).

 

Other locations may be included as the government declares additional areas under a state of calamity. Customers with clarifications can file a ticket through GCash Help Center or talk to Gigi inside the GCash App.

 

 

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About Fuse Lending, Inc.

Fuse Lending, Inc. is a company that offers simple, affordable, and secure loans in the Philippines. Its primary goal is to enable individuals and small businesses to achieve financial security and growth through various digital lending products. Fuse Lending is a wholly-owned subsidiary of Mynt, the first and only duacorn in the Philippines. It’s also regulated by the Securities and Exchange Commission (SEC).

 

Mynt, through its fintech operations, is a staunch supporter of the United Nations Sustainable Development Goals (SDGs), particularly UN SDGs 5,8,10, and 13, which focus on safety & security, financial inclusion, diversity, equity, and inclusion as well as taking urgent action to combat climate change and its impacts, respectively.

 

About GCash

GCash is the Philippines’ #1 Finance Super App and Largest Cashless Ecosystem. Through the GCash App, users can easily purchase prepaid airtime; pay bills via partner billers nationwide; send and receive money anywhere in the Philippines, even to other bank accounts; purchase from over 6 million partner merchants and social sellers; and get access to savings, credit, loans, insurance and invest money, and so much more, all at the convenience of their smartphones. Its mobile wallet operations are handled by G-Xchange, Inc. (GXI), a wholly-owned subsidiary of Mynt, the first and only $5 billion unicorn in the Philippines.

 

GCash is a staunch supporter of the United Nations Sustainable Development Goals (SDGs), particularly UN SDGs 5,8,10, and 13, which focus on safety & security, financial inclusion, diversity, equity, and inclusion as well as taking urgent action to combat climate change and its impacts, respectively.

 

For more information, please contact:

Gilda Maquilan

VP and Head of Corporate Communications

GCash

Email Address: corpcomm@gcash.com ¦ Facebook: http://www.facebook.com/gcashofficial