FAQ

Frequently Asked Questions

 1. What is our product?

You won't be selling any food supplement, gadgets or any item like most MLM companies require their Members to distribute.

Our product is actually a Service. It is a LOANING SERVICE with Zero Interest.

Another is the INSURANCE PACKAGE which is now (as of December 2011) worth P500,000.

Our product is what 90% of Filipinos want. We cater to the "Masa", who are the majority.

It is about giving fresh capital to Filipinos who want to put up their own business or livelihood. Or a source of capital to jumpstart one's life. May that be preparing for a job employment or fixing what needs to be fixed (like bills that have accumulated while jobless or due to a calamity) today to secure a better life or a much less problem-burdened tomorrow.

Also included is the Zero Interest CAR LOAN.

Aside from the Zero Interest Loans is preparing for tomorrow through the Insurance package. All because it is a lot better to be ready when the unexpected happens to us. If we love our family, we must plan ahead and secure their future. That includes safeguarding them when our own life is cut short too soon by an accident, health failure or unexpected incident.

Even hospital bills or medication can exhaust whatever savings or wealth you have, which may include selling your home or property just to support one's medication or hospitalization expenses.

2. What system do we implement under GLOBAL MONEY business?
Answer: One legged system. It's an infinite income of P500 per recruit that connects to the A leg straight down in a single line, starting from your first level B recruit. 

3. How does the system work?
Answer: All you need to do is recruit 2 people that you will place in your first level A & B slots. The company gives a commission of Php500 for each recruit on your line A. Allow me to call this as your POWERLINE, which is all Downlines that connect to the A leg straight down in a single line, starting from your first level B recruit.
If you are placed as your Upline's B leg, your Upline will have the Php500 commission.
If you are placed as your Upline's A leg, your Upline's Upline will earn the Php500 commission.
When you recruit your own first 2 Downlines and place one of them to your B leg, you will now get the Php500commission. Now, every leg A that connects from your leg B, in a single line downwards, will earn you Php500.
Also, every recruit that connects to your first level A leg, and again in a straight line downwards, will give your Upline his/her own Php500 commission. You need to focus on your B Group. You will continue earning as long as the A line is continuously being filled up.
There is no limit. It's an INFINITE INFLOW OF P500 FROM YOUR POWERLINE. Starting from the A leg of your first level B, A1 down to  A1,000,000 and beyond, the P500 income will be yours.
In this manner, even if you don't know your downline's downline, you will still benefit. You will earn an unlimited inflow Php500 from all "A" accounts. 

4. What is a "Buy 1 Account, Get 3 Accounts Free"?
Answer: In this case, we give 3 more slots for free once you pay the one-time lifetime membership fee. There's no need to fill up your A leg. Ignore it totally and focus on your B alone and build the new group from there. Just put your first recruit directly to your B. To specify that you are putting that new recruit to this free slot, just note in the Application Form that the UPLINE is "[YOUR NAME] - Free Slot 1".  Example;  Juan Dela Cruz - Free Slot 1
Fill up the next levels as how you would on the primary account. For the Bonus Income, Loyalty Income and Profit-Sharing, all the free slots and the additional slots will be counted as part the B Group of your primary account or slot.


5. Are there other ways to earn besides the income from the infinite P500?
Answer: Yes, we have several ways to earn. The Bonus Income, Loyalty Income and the Profit-Sharing.

6. How much do we need pay for the membership?
Answer: Only Php 1,000 for the one-time lifetime membership (50 years maximum). As a safety mechanism for the company, after 50 years, your membership will be terminated but you will have the option to open a new account if you wish to. If you are 25 years old today, you will be 75 years old by then. Probably, all you can do is forget the business and enjoy your earnings from the this business and enjoy it with the family. Go abroad and enjoy endless vacation spree. 
Add P100 for the ID card processing too.
Add P20 pesos too if you deposited your payment to the designated bank account of the Global Money Unlimited and you cannot submit the original copy of the Deposit Slip and you decided to send the scanned copy via email instead. The P20 will be used to cover the cost or printing the scanned copy of the Deposit Slip, which shall be attached to the membership Application Form.
If needed, you may also pay P50 for ID delivery. Members from the provinces will have their ID delivered through LBC or other courier service if they wish to. 


7. What if I am too far from the said main office locations, how will I pay the membership?
Answer: We have 3 options. Either through bank deposit, like with BPI banking or through payment centers like USSC/Western Union, MLhuillier, Cebuana in coordination with your Sponsor. For bank to bank process, please contact your Upline who can assist you in processing your application.

8. What are the following ways and requirements that I need to submit in able to get the loan?
Answer: Submit any valid ID to the office, if you don't have ID you can submit any copy of your bills showing current address and if you don't have valid ID, at least submit to our office your Baranggay clearance. Submit a Baranggay Clearance too and the xerox copy of your ECC-LSSI ID.


9. What if i'm too far from the office location? How will I apply for the loan?
Answer: The loans will be automatically processed once you have recruited 2 members. It will be sent to your ATM debit card automatically or you can get it from the office if you don't have the ATM card yet. 


10. What is the maximum loan amount available?
Answer:Up to P1M it will vary to your performance..


11. What if I decided to pay earlier, can I get the next loan immediately?
Answer: You can pay the loan in advance if you happen to have extra cash and wanted to retire the obligation early to lessen your concerns. But you cannot file for the next loan yet since you will need to wait until you finish the term of your current loan. Example is when you got your P10,000 loan last month and decided to pay it all today, you cannot simply file for the next loan immediately, which should be P50,000 already. You will need to wait until the whole term (which is 4 months for the P10,000) is completed. Then you have to wait 7 more days as processing time for the next loan.
Term is the length of loan payment, which is 2 months for P5,000 loan, 4 months for the 10K loan and 10 months for the 50K loan.



12. What happens to those members who aren't paying their loans anymore?
Answer: They will be terminated and their income from the network growth will be forfeited in favor of the company to enable the company to recover the loss. Every loan requires 2 recruits. To get to the P50,000 loan you would have recruited 6 members. That number should be enough to recover the loss. If these 6 have built a total of 100 members or 1000, the unending income inflow from the growth would be more than enough to cover for the loss.


13. Can a Member reschedule the release of the loan?
Answer: Since our loans are processed automatically once the member gets 2 new recruits and meets the other criteria, a Member may opt to reschedule the release of the next loan if he or she wants to or when the loan is not needed yet. This ensures that the loans are properly utilized and will enable the Member to properly manage it. The Member must inform the office about the reschedule of loan release.


14. How can a member avail of the insurance benefit?
Answer: The member or relative must coordinate with the office. The office will coordinate with the insurance provider for the benefits covered by it. The Members can avail of the members contribution also (P50 x total number of members).  


15. Who are eligible for the P100,000 Accidental or P100,000 for Total and Permanent Disability insurance benefit?
Answer: The member who died due to accidents like car accident, work-related accidents, snake bites or murder. Also, included are those who got disabled.   

16. What benefit can those who died because of sickness or other reasons get?
Answer: The beneficiary can avail of the members contribution on the other hand. (P50 x total number of members). As of December 2011 we now have 2,000 Members. So that means 2,000 x P50 equals P100,000 for Members contribution. 


17. Can a dying person or someone who is very sick join GMUI?
Answer: Members who are already dying or are not physically fit will not be allowed to join to protect the business and the interest of the members.


18. Aside from the P100,000 insurance for Accidental Death or for Total Disability, what else can the beneficiary death?
Answer: Death from unprovoked assault like robbery with homicide, rape with homicide, murder and similar cases will entitle the beneficiary another P25,000 cash benefit.

19. Can a child file for a loan?

Answer: The legal parents will manage the loan instead.

20. Where can I claim the loan?

Answer: You can claim the loan at the office or you can ask your Upline to get it and send it to your bank account or via money transfer. Soon, all members will have their own ATM card and this card will be used to send all your commissions and loans. With this you can withdraw the amount from any ATM across the country.

21. Where can I pay the loan payments?

Answer: You can pay the loans at the office or deposit the money to the designated bank. Please see section below entitled WHERE TO DEPOSIT PAYMENTS.

22. What are the requirements for the Loan Release?

Answer: Though, there's no need for you file the loan, you will be required to submit a few documents to verify your identity. You will be required to submit these documents below to verify your identity. 

     1. Any valid ID  (SSS, GSIS, LTO, PRC, passport)

      2. Photocopy of your own ECC-LSSI Unlimited ID card

      3. Baranggay Clearance or ATM 

23. How many new members do i need to refer to be able to avail the loan?

Answer: Get two new members every time you intend to get a loan. The recruits can be your Direct or Indirect recruits. As long as these new members will fall under your group, then that means they are a part of your recruits.

24. Is the network income transferable?

Answer: It is not transferable. When a Member dies, the beneficiary gets the Insurance benefits. 

25. What is Life Insurance?

Answer: Accidental life insurance is taken against death by accidents. It will also compensate you in case of any permanent loss of limbs, sight, etc. Some accident policies may also cover hospital expenses and any surgery that may be required due to the accident. 

Life insurance pays death benefits to beneficiaries no matter how the person dies. Some life insurance policies also ride accident insurance to provide double indemnity.

The only difference is that the fund comes from Members contribution (Damayan) and not from the company funds (like a typical Insurance Company process).