What You Need to Know About SSS Loan Penalty Condonation Program 2012
Good news for delinquent Social Security System loan borrowers. SSS is now easing overdue loans’ penalties. Members can pay their overdue loans at discounted penalties of 50 percent to 100 percent under a new amnesty program which will open for starting April 2, 2012. The amount of condonable penalties under [...]
Minimize Housing Loan Interest Now
Good news for Pag-IBIG housing loan delinquent borrowers. Pag-IBIG Fund is now offering Housing Loan Restructuring and Penalty Condonation Program for this year. This is a great opportunity for Pag-IBIG housing loan delinquent borrowers to make good on their housing loan obligations. Pag-IBIG housing loan borrowers who are in arrear [...]
Restructuring Delinquent Housing Loan Accounts for 2010
Here’s a good news to all deliquent Social Security System (SSS) housing loan borrowers. You have now the opportunity to update your deliquent housing loan accounts by applying the SSS Loan Restructuring, Condonation at Dacion en Pago Programs.
Pensioners May Use eCard to Apply for Loans
Government Service Insurance System (GSIS) old-age and disability pensioners may now apply for a pension loan using their eCard Plus on the GSIS Wireless Automated Processing System (GW@PS) kiosks installed in all GSIS office and select government offices nationwide. The pension loan may also be applied by old-age [...]
Credit Surety Funds Benefits for Small Businesses
Micro, small and medium enterprises (MSMEs) can now hope to get a bank loan without the necessary presenting acceptable collateral. The very first provincial Credit Surety Fund was launched in Trece Martires City in Cavite. And this program will be replicated in other province like Aurora province and Bohol, and [...]
Categories: Loans and Financing Tags: bank credi, bank loan, credit of small businesses, Credit Surety Fund, MSMEs
Credit Information System Bill Protects Consumers’ Interest
Credit Information System bills both from the Senate and the House of the Representatives is now the buzzwords in the Philippine financial industry today. With the session of the Senate and the House of the Representatives back to normal from last month recess, these bills were tackled in the bicameral meeting. The honorable senators and representatives of the country started to tresh out the differences in the House bill and in the Senate bill.
Benefits of Housing Loan Restructuring Bill
The housing loan restructuring bill will be the saving grace for nearly 370,000 homeowner who are in danger of losing their homes due to delinquency in payment of loan amortization. I’m happy that the House of the Representatives and the Senate put aside their bickering and put up a united stand in pursuing approval of the House Bill 4220, the Socialized and Low-Cost Housing Loan Restructuring Act of 2008 in a short time. The bill has been forwarded for bicameral deliberations.
Categories: Loans and Financing Tags: condonation program, financial, housing loan restructuring bill, housing loans, loan amortization