Yes! You can pay your outstanding balance and your full loan in advance. Here are the benefits of paying your loan balance early:
1. Maintain a high GScore and good credit history!
2. You can possibly get better loan offers on your next GGives loan! Subject to evaluation.
3. If you fully settle your GGives loan early, you can:
Re-avail another GGives loan if you are eligible!
Save on interest fees by being rewarded with an interest cashback!
If you fully settle your GGives loan early, you get an interest cashback that will be automatically seeded to your GCash wallet on the 1st week of the following month. You will also be notified via SMS if your interest cashback has been sent to you:
Learn more about interest cashback at How much will my interest cashback be if I fully settle my loan early?