What is 4Gives Philippines?
4Gives Philippines is a company that provides consumers with the option of paying for their purchases in monthly installments. They offer a wide range of products, from groceries to dining and more. The company was co-founded by Fritz Miller and other entrepreneurs who wanted to make shopping easier for Filipinos and provide them with an alternative to credit cards.
4Gives loan, how does it work?
4Gives loan is perfect for anyone who wants an early money to shop. Any borrower of 4Gives can buy from an online and physical store because the company just recently launched in thousands of merchants. They have an easy application process with no interest rate charges.
What is buy now and pay later?
Buy now, pay later is an alternative payment method that allows consumers to purchase items at a discount and then pay for them over time. The benefit of this method is that it can allow consumers to have more options on what they buy and can help them save money.
4Gives is a digital platform that allows you to buy now and pay later. It offers a wide range of payment options, including cash on delivery, credit card, and online payment.
How much does 4Gives loans?
4Gives can give users with a maximum loan amount of PHP 10,000. But the amount you can have is still depend on the proof of income you first need to provide.
How long does it take for the money to arrive?
The approval process can take up to 7 to 10 business days. Once your loan is approved, you can get your loan amount from 4Gives and start shopping.
Is 4Gives legit?
Yes, 4Gives is legit and it is operating under Securities and Exchange Commission with registration number of CS202102972 and C.A. no. 3423.
4Gives benefits
4Gives is an online shopping platform that provides consumers with the convenience they need when buying products or services from different merchants in the country. It also provides them with the opportunity to purchase their favorite items at discounted prices or get freebies from some of these retailers. With this platform, consumers can now shop for anything they need without worrying about getting hit with hidden fees or interest rates.
How to apply for an 4Gives loan?
4Gives Philippines has relatively easy application process. They’ve been with Filipinos for years and they want it to be easy for consumers to apply for a loan. That’s why all you need to do is submit your requirements by logging in on their website and then wait for their approval. Upon account activation, you have to create an account with AllBank – their partnered financial intermediary, and then they will issue your debit card and send it on your provided address.
Requirements
With 4Gives, all you need to have is a proof of income, 1 valid government ID, and recent pay slip. Furthermore, here are the list of applicable government IDs:
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eUMID
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Employee’s ID
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Driver’s License
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Passport
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Senior Citizen ID
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SSS ID
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COMELEC / Voter’s ID / COMELEC Registration Form
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Philippine Identification (PhilID)
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BIR (TIN)
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Pag-ibig ID
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Person’s with Disability (PWD) ID
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Phil-health ID
Interest rate
The actual loan doesn’t have any interest. But you still have to pay a one-time processing fee of PHP 150 and a service fee of 1.5% of the principal amount per month.
How to pay for a 4Gives loan?
You can pay your 4Gives loan using an online bank transfer, over the counter transactions, e-wallets, and other payment outlets. Just make sure that you have your reference number copy in you.
What happens if I can’t pay?
4Gives Philippines charge late payment penalties upon the principal amount. The website did not disclose how much but it’s better to check terms and conditions before signing anything.
4Gives app
4Gives mobile app is one of the most popular used in retail, restaurants and more. The idea is that it gives customers a chance to get what they want without having to worry about paying for it right now.
Log in steps
You can login with 4Gives app using your email or username, and your own password. As for their website portal, go to https://app.4gives.com/web/customer/login/ and enter the same credentials.
4Gives, customer service
If you have any concerns that you wish to raise in 4Gives, just contact the following information:
Contact number
Unfortunately, 4Gives Philippines doesn’t have any contact number for borrowers who wants to raise concerns. The alternative would be contacting them through email.
4Gives, complaints
There are some people who are not fond of 4Gives mandatory monthly service fee of 1.5%. Their method may not have an interest fee, but the service fee can be a little harsh on people’s financials too.
4Gives, review
The 4Gives website is easy to navigate and has a wide selection of items for sale. They offer discounts and promotions on items that are in stock. This makes it easy for consumers to find the best deals on their favorite products. No wonder why there are lots of clients who wants to take hold of their debit card and loan amount options. More of that, they have merchants directly contacting them for partnerships.
Have you used the 4Gives loan app? Share your experience here.