Sometimes, we need a personal loan but often fail to meet stringent loan requirements, and the need to borrow money is understandable. Today, I'm going to share with you how you can borrow money from Gcredit.
Gcredit is a revolving mobile credit line on the Gcash app that you can use to pay for goods and services. I read an article on other websites that it is not possible to cash out a GCredit loan. However, it is possible based on my personal experience.
You need to install the CIMB app and sign up with your email address, mobile number, and other personal information needed, and at the same time, you have a fully verified GCash with a GSave account. Your account in the CIMB app must be linked with your GSave account in the GCash app.
How to cash out a Gcredit loan in the GCash app? Check it out:
Log in to your account in the CIMB app, click "Cash in" and proceed to "Over-the-Counter Payment Center".
Click "ECPAY (GCash/Payment Centers). Cash in to Gsave and enter the amount of ₱1,990 pesos if your GCredit limit is only ₱2,000.
Log in again in the GCash app and click "Bills," then search "Dragonpay," which accepts GCredit and GInsure Bill Protect.
In the DragonPay biller, enter 1,990 pesos, paste the reference number, and provide your mobile number and email address.
While in DragonPay Bills, choose GCredit as a payment source. Click "next" and confirm. Your funds will be transferred to your GSave account.
Why did you cash in ₱1,990?
It's because there will be a ₱10 service fee for using Dragonpay.
While in the Gcash app, click "Gsave by CIMB" and you can see your funds there. Click on "Withdraw" and enter ₱1,990, then click "Confirm".
You will receive a code to your registered mobile number, and after you submit the code, the funds will be credited to your GCash balance.
Much better if you have a GCash Mastercard linked in the app so you can easily withdraw your money from the nearest ATM located inside the 7-Eleven store.
But if you do not have the card, then you can transfer your funds to another bank savings account you have or cash out at the nearest Palawan Pawnshop branch located in your area.
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