Am I eligible for Tenure Extension?
We will notify you directly via email and push notifications if your Instalment Loan(s) is eligible for the Tenure Extension option, so please keep an eye out for these communications!
While we will inform you of your eligibility, here are some general conditions that would prevent your Instalment Loan from being eligible for Tenure Extension:
- You must not have any overdue repayments on any of your loans with us.
- Only GXS FlexiLoan Instalment Loans are eligible for extension; loans that were previously converted from a Balance Transfer are not.
- You cannot apply for Tenure Extension on your repayment due date.
- Your available credit limit must be sufficient to cover any unpaid accrued interest on your Instalment Loan.
- Your Instalment Loan's outstanding balance must be at least S$200.
- Your GXS FlexiLoan account must not have any drawdown blocks
- You have taken the maximum number of months for repayment allowable on the Instalment Loan.
This list is non-exhaustive and the decision to provide you with the Tenure Extension on any Instalment Loan is at our discretion.