GGives fees and interest rates

Ang GGives interest ay nagra-range from 0% to 5.49% per month, depende sa eligibility mo at sa loan term.

GGives interest at fees

• Interest fee: 0%–5.49% per month
• Late payment fee:
  • 1% ng loan amount mo for each missed due date
  • Plus 0.15% ng outstanding balance per day hanggang sa makabayad ka

Pumunta sa GGives dashboard at i-tap ang GGives loan mo para makita ang monthly payments and fees.

Sample late payment computation

• Date of purchase: June 10
• Loan amount: PHP 10,000
• Term: 6 months
• Monthly due date: Every 10th
• Monthly payment: PHP 2,015.67

Kung hindi ka nakabayad noong August 10 at nagbayad ka pa lang noong August 15:

Late payment fee = (1% × 10,000) + (0.15% × 8,333.33 × 5 days) = PHP 162.50