GCash lending arm Fuse marks 10 years of safe, accessible borrowing for Filipinos
As predatory lending persists in the Philippines, Fuse Financing, Inc., the lending arm of GCash, continues to provide Filipinos with safe, transparent and accessible borrowing options with fair terms.
Fuse Financing, the lending arm of GCash, has been offering Filipinos safe, transparent and accessible borrowing options for the past 10 years. Traditional financial institutions often require strict documentation and collateral, leaving only 16% of Filipino adults able to secure formal loans. This has led vulnerable individuals to seek high-interest, abusive loans from informal lenders, trapping them in debt cycles.
Fuse, however, has leveraged technology to bridge the credit gap with products like GLoan, GCredit, and GGives, which offer fair terms without collateral. Personal loans are the most common borrowing option for Filipinos, used for everyday expenses, medical bills, and schooling fees. Marissa, a former house help, and Irene, a barangay health worker, both credit GLoan for helping them pay for medical expenses, groceries, and tuition.
Fuse maintains a strict zero-tolerance policy against harassment and abusive collection practices, ensuring borrowers have a dignified experience.
Written by urgent.news from Philippine Star Business's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.