GCash, the leading super finance app in the Philippines, is offering relief to its borrowers through its lending arm, Fuse Financing Inc. They are providing a 15-day grace period for customers of GLoan and GGives who live in areas affected by the “Habagat” monsoon and Tropical Depressions Crising, Dante, and Emong.
Loan repayments due between July 19 and July 31 will have their deadlines automatically extended by 15 days. For instance, if a customer’s due date is July 21, 2025, and they are unable to make the payment or have insufficient funds, no penalties or late fees will be charged until August 5, 2025. During this extension, borrowers will not incur any additional interest or late fees, allowing them to focus on their recovery without added financial pressure.
Eligible borrowers will receive SMS notifications with details about their new due dates and advice on managing their 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.”
GCash is offering a 15-day grace period for borrowers affected by the recent typhoons in the following areas:
- National Capital Region: Las Piñas, Malabon, Manila, Marikina, Navotas, Quezon City
- Region I: Pangasinan
- Region III: Bataan, Bulacan, Pampanga, Tarlac
- Region IV-A: Batangas, Cavite, Rizal
- Region IV-B: Palawan
- Region VI: Antique
- Region VII: Cebu City
Additional areas may be added if the government declares them under a state of calamity. Customers with questions can submit a ticket through the GCash Help Center or contact Gigi within the GCash app.
About Fuse Lending, Inc.
Fuse Lending, Inc. is a company that provides simple, affordable, and secure loans in the Philippines. Its primary goal is to empower individuals and small businesses to achieve financial security and growth through a variety of digital lending products. Fuse Lending is a wholly owned subsidiary of Mynt, the first and only duacorn in the Philippines, and is regulated by the Securities and Exchange Commission (SEC).
Mynt, through its fintech operations, is a strong supporter of the United Nations Sustainable Development Goals (SDGs), particularly Goals 5, 8, 10, and 13. These goals focus on safety and security, financial inclusion, diversity, equity, and inclusion, as well as taking urgent action to combat climate change and its impacts.
About GCash
GCash is the leading finance super app in the Philippines and the largest cashless ecosystem in the country. Through the GCash app, users can easily purchase prepaid airtime, pay bills through partner billers nationwide, send and receive money anywhere in the Philippines (including transfers to other bank accounts), shop with over 6 million partner merchants and social sellers, and access services such as savings, credit, loans, insurance, and investment opportunities, all from the convenience of their smartphones. Mobile wallet operations are managed by G-Xchange, Inc. (GXI), a wholly owned subsidiary of Mynt, the first and only unicorn in the Philippines, valued at $5 billion.
GCash is also a strong advocate for the United Nations Sustainable Development Goals (SDGs), particularly goals 5, 8, 10, and 13. These goals emphasize safety and security, financial inclusion, diversity, equity, and inclusion, as well as the urgent need for action to combat climate change and its impacts.
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