Huwag lang puro kita: Rep. Nograles urges Grab to ask banks, car firms to give loan relief to drivers
Party-list Rep. Jericho Nograles on Sunday called out Grab Philippines to make proper representations with car dealerships and auto-loan companies for their drivers to forego amortization collection during the months covered by Luzon-wide lockdown.

Huwag lang puro kita: Rep. Nograles urges Grab to ask banks, car firms to give loan relief to drivers

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By JOHN CARLO M. CAHINHINAN

Party-list Rep. Jericho Nograles on Sunday called out Grab Philippines to make proper representations with car dealerships and auto-loan companies for their drivers to forego amortization collection during the months covered by Luzon-wide lockdown.

According to Nograles, Grab PH should find a way for car companies to suspend all foreclosures for their partner-drivers during the 30-day lockdown due the COVID-19 crisis.

“Nakikiusap po ako sa Grab na bigyan ng kalinga itong kanilang mga driver-partners. Marami sa kanila ngayon ang problemado na maaaring mabawi ang kanilang mga sasakyan dahil hindi nila ma-update ang payment sa kanilang mga loans,” said Nograles.

Nograles, representative of PBA Party-list group, stressed that Grab is making tons of money because of the commission it gets from driver-partners and that it is to their best interest to ensure that all their driver-partners will still have their vehicles after this crisis is over.

The lawmaker said he is worried that many of Grab’s 60,000 or more driver-partners, are still paying monthly amortizations and their sole source of income is by being a transport network vehicle “service (TNVS) provider.

“Kung maaari ay makipag-usap ang Grab sa ating mga bangko at sa mga car dealers para matigil muna pansamantala ang kanilang paniningil at huwag munang ilitin ang mga sasakyan kapag hindi sila nakapagbayad,” he added.

Due to the ECQ, Nograles stressed that many of Grab’s driver-partners can now hardly put food on the table because of economic dislocation so it is impossible for them to have the money to pay for their car mortgage.

“Napakarami sa kanila ngayon ang nanganganib na tuluyan nang mawawalan ng kabuhayan dahil maaaring bawiin ng mga bangko ang kanilang mga ipinanghahanapbuhay na mga sasakyan, he said.

Having earned billions of pesos since it started its operation in the Philippines, Nograles stressed that Grab “owes its success to their driver-partners who have capitalized their life savings to purchase vehicles and work for the Grab network.”

“This COVID-19 crisis should become an opportunity for Grab to show their support and compassion for their driver-partners,” he said.

Nograles noted that Grab Philippines could offer to pay in advance or underwrite the unpaid loans of the driver-partners who are now left without any livelihood because of the crisis caused by the COVID-19 virus.

He added Grab should also extend financial assistance with zero interest to their driver-partners to ensure that that they can get by during the duration of the Luzon lockdown.

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