Posts tagged "consolidation loan"

Consolidation Loan of Five Different Loan Products Into One

Consolidation Loan of Five Different Loan Products Into One -- A GSIS member who has been in government service for at least 10 years can avail of a Consolidation Loan or Conso-Loan equivalent to 10 months of their monthly salary. The minimum creditable years in service a member has to have to qualify is 20 months, with the Conso-Loan proceeds equivalent to three months of his monthly salary. The gross loan amount shall be a multiple of the basic monthly salary (BMS), depending on the member’s accumulated record of creditable service (RCS), to wit:

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Posted by Eleazar - September 29, 2010 at 1:27 pm

Categories: Financial News   Tags:

Loan Condonation Program for SSS Borrowers Extended

Delinquent SSS loan borrowers can now breathe a sigh of relief because the Social Security System (SSS) is extending their consolidation and condonation Continue Reading This Post

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Posted by Ellis - June 29, 2008 at 12:01 am

Categories: Loans and Financing   Tags: , , , , , ,

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