Here’s why your GCredit account has been deactivated
GCREDIT ACCOUNT – This article will teach you about the reasons why your GCredit account has been deactivated.
A GCredit is a revolving credit line that allows you to instantly pay at more than 100,000 stores and billers at a later date with no additional requirements. With this credit line, you will only need to pay the amount you borrowed in GCredit and the interest fee as there are zero processing fees.
Having your account deactivated is different from having it permanently revoked.
Here are some of the reasons why your account has been deactivated:
- Outstanding GCredit Dues. You need to settle your outstanding dues within 3 months
- Ineligible GScore. A decrease in your GScore may deactivate your GCredit account. Having an ineligible GScore will make you ineligible to use GCredit in future transactions
- Pending submission of additional details. You may be required to provide additional account details to CIMB Bank since the bank regularly conducts customer due diligence. Also, you need to submit additional details to CIMB Bank as well.
- Submission of invalid ID. The identification card you submitted is either not in the list of accepted IDs or does not match your details. You need to resubmit a valid ID that can be found in the list of accepted IDs and you need to make sure that it matches your details as well
- Multiple GCredit accounts. You need to maintain only one account and close your other accounts as having multiple accounts under your name will deactivate all of your accounts.
- Not agreeing to CIMB Bank’s terms and conditions. You need to go to GCredit on your GCash dashboard in order to update your information and to agree to the terms and conditions of CIMB Bank.
Keep in mind that you need to fulfill the requirements and submit a ticket to request the reactivation of your account if it has been deactivated.
You may also visit: GCredit Account — Why Your Account Has Been Permanently Revoked?