GCredit Policy on Automatic Deduction
GCredit users who are at least one day past due will have their GCash account automatically deducted once the system detects any form of cash inflow, on a real-time basis.
Given this, we highly advise you to pay your dues on time to avoid the following implications:
- Automatic deduction of any form of cash inflow which means you won’t be able to use your GCash balance for the purpose of any GCash balance outflow (Send Money, Buy Load, Invest Money, Save Money, etc.) until you fully pay your GCredit Total Amount Due
- Additional interest fees and penalty charges
- Decrease of GScore.
Here are the in-app interface and SMS users will see with regards to this feature.
This is in accordance with the GCredit Terms and Conditions agreed to by GCredit users upon registration.
For full disclosure, please visit: https://fuselending.com/tc/gcredit/