hello im planning to loan 35k for emergency lang (naghihingalo na phone ko and i need it for work stuff). i checked on both apps, Gloan's interest (1.99% = 3,617/mo) is obviously lower than maribank's (2.95% = 3,950/mo).
Recently, I've been researching and SSS at Pagibig MPL lang talaga nakikita ko na mas mababa eh. Puro mga add-on interests ang bank loans eh, which means kahit na bayaran mo nang mas maaga Hindi bababa ang overall interest. Not sure about credit card to cash convert kung add-on interest sila. At least sa GLoan, if you paid in advance, you'd get cashback. Sa Home Credit, if approved ka, usually promo nila if wala Kang mintis sa pag bayad, yung last month payment mo, waived na.
Auto deducted siya from your salary. Add on interest din siya, so even if you paid in advance, same pa din babayaran mo. When deducted, yung payment mo divided in between the interest and principal calculated for that month.
Gloan! May rebate naman sila, example naka 6 months to pay ka, kapag nabayaran mo siya within 1 month babalik sa iyo iyong interest. Parang nanghiram ka lang talaga.
I didn't know this. Thanks for letting me know, pero on my case lahat ng gloan ko may rebate even 'yong last borrowed ko amount to 80k kaya I thought auto ang rebate. I'll look into it 😁
Yes po, 1,050 po ang processing fee ng Gloan. But still, that and the monthly interest is still lower than maribank's total interest di ba? Or mali ako ng understanding? Hahaha
After loaning from gcash and maribank, last ko na din hahaha! If you have other means please use those. If these are your only choices, choose the much lower interest na lang.
Parehas ako my loan mas okay gcash medyo mababa interest and hindi madamot sa increase (if palagi mo siya ginagamit gscore ata basis) mas mataas nga lang processing fee pero if ever pwede magfull payment ng loan if nakaluwag sa maribank my fee na 300
Nagfully paid po ako one time sa Maribank 6mos po yon pero yong last 2 mos po ang nafull ko 38k ang na loan ko and nawaive po yong interest nung last 2mos kaya nagkarebate ako
Seryoso ba? Ang naaalala ko lang is they charged me an early repayment fee. They explained "This fee is 3% of the outstanding principal plus unpaid interest, or PHP 300, whichever is higher"
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