Only some days of the Payment Extension are interest-free. First Circle gave its customers an interest-free Payment Extension up to the 1st extension of the ECQ Period, or from 17Beginning on 1 May 2020, loan(s) under Payment Extension shall earn interest at the rate indicated in their individual loan contracts. For example, if your original due date was 18 March 2020 and it was moved to 18 April 2020, that whole period will be interest-free. Since 18 April 2020 still falls within the ECQ Period, it will be moved again to 18 May 2020. With the further extension of the ECQ Period in Metro Manila until 31 May 2020, your payment date will be moved once more to 18 June 2020.
The period from May 1 to June 18 will earn interest in accordance with your loan contract, but you can opt to pay earlier to avoid incurring interest.
To know the interest rate applicable to your particular loan, please check your copy of the loan contract sent to your registered email account. You may also reach out to your Relationship Manager or our Customer Support Team through support@firstcircle.com for further assistance.
March 2020 until 30 April 2020. Loans unpaid after 30 April 2020 will begin to earn interest on 1 May 2020, whether or not these loans are on their first or second extension, as applicable.
How much interest will I be charged now?
