Bayanihan Act FAQs
Bayanihan 1 FAQs
- How does Section 4 (aa) of the Republic Act No. 11469, otherwise known as the Bayanihan toHeal as One Act (the “Bayanihan Act”), affect my loans with First Circle?
- Which loans are qualified for the Payment Extension?
- How does the Payment Extension work at First Circle?
- How do I avail myself of the Payment Extension?
- Are you allowed to charge interest during the Payment Extension?
- Is the Payment Extension interest-free?
Bayanihan 2 FAQs
- How does Section 4 (uu) of the Republic Act No. 11494, otherwise known as the Bayanihan to Recover as One Act (“Bayanihan 2”), affect my loans with First Circle?
- Is my loan qualified for the Grace Period?
- How does the Grace Period work?
- When does the Grace Period start?
- What do I do to use the Grace Period?
- I have more than one loan that satisfies the 1-2-3 requirements for the Grace Period. Which loan gets the Grace Period?