If you availed an SSS Salary Loan and been wondering for quite some time now “How much is my existing SSS Loan Balance?”, you must be thinking how can you do this conveniently?
Just recently, Me and a Colleague was discussing about the benefits and convenience of applying for an SSS Salary Loan for the third time. Little did we know, another colleague from the next table is overhearing our conversation. She asked us, how do we know if we are eligible to avail another SSS Salary Loan. Hearing the tone of her voice shows that she’s intrigued and want’s to apply for an SSS Salary loan for the first time.
An SSS Salary loan is intended to meet a SSS Member’s short term credit needs. SSS Salary Loan is payable two years with a 10% interest rate for one year. If you’re planning to apply for your very first SSS Salary Loan, you just have to submit the following requirements: