Your GCredit account will be subject to penalty charges and additional interest dues if you still have outstanding GCredit dues past your due date. You will have to pay the additional penalty charges and additional interest for going past your due date on your next billing date.
For example, if your due date is November 6 but you paid your dues on November 7, your penalty fee for paying 1 day late is PHP 200 and your additional interest due will be PHP 60. The PHP 200 penalty fee and PHP 60 additional interest due will be charged on your next billing date.
Here is a sample Statement of Account to illustrate:
For more information on penalty fees, visit How much is the penalty fee for GCredit?