GLoan Interest & Fees
Check out the following Interests and Fees with GLoan below:
Interest fees
Ranges between 1.59% - 6.99% per month, depending on your eligibility and loan amount.
One-time processing fee
Equal to 3% of your total loan amount will be charged. This will be deducted from the total loan amount that you will receive.
Late Payment Fee
In case of late payment, you will incur a fee of 1% of your loan amount for each unpaid installment, plus 0.15% of your total outstanding principal balance that will be charged daily until you pay off your dues.
Refer to the sample computation below:
- Example: Loan with no repayment
- Outstanding Principal Balance = PHP 50,000
- Due Date: June 10 & July 10
You may view your dashboard for a breakdown of your monthly payments and penalty fees to be paid.
If you have further questions or concerns, click here to ask for help.