When the SSS offers a Loan Condonation Program and you have an existing or past due loan with the SSS, you should take advantage of it. If you have a loan in SSS that have been unpaid for a long time, it is sure that it has accumulated a huge amount of penalty. There is one SSS Inquiries Facebook member, let’s name him Leo..
I applied for SSS Salary Loan amounting to ten thousand pesos (Php 10,000) back in year 2000. I didn’t pay a single cent on it since I timed the application of my salary loan a month before my contract ends on the company that I was working in. I didn’t reported the loan on my next employer because I do not want them to deduct the payment from my salary. Come 2016, a year before I reach 60, my retirement age and sixteen years after my loan, the sum of my loan became Php 60,000. I was really shocked! The amount of my loan multiplied to six times due to the incurred penalty and interest. Buti na lang may Loan Condonation that time. The 60,000 amount of my loan was cut down to around 20,000+ due to the waived penalties. I was able to clear my obligations to SSS before my retirement and was able to get the full sum of my retirement benefit without any deduction.
SSS has already announced that this April 2- October 1, 2018, SSS will once again have a Loan Restructuring Program also known as Loan Condonation.
Disclaimer: The computation provided from the SSS Loan Condonation program last 2016 may become different from the SSS Loan Condonation 2018. The amount or the percentage of the waived amount from our example above maybe different on the actual computation that will be provided by SSS to you based on your record.
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May etotourist aq bbae pm kta kong mgkno mgaatos kc idaan sya ng thailand
Itong program na ito ay para lang ba sa mga nasa pinas? Pwede ba mag apply kahit nasa labas ng bansa o pwede sa Polo/Phil.Embassy kung may SSS satelite branches.
How about to paid my loan balance sir, thanks
Macatangayroy15@gmail.com
Will it be covered din po ba ung loan na nakuha last 2017? Pwede po ba makasama sa SSS loan condonation?
Gusto ko po malaman kung paano m aavail ang programa na ito, i am currently not in the philippines, please assist
Pede po ba mag avail or magpa register on line? Or pede nman s any branch ng sss?
Paano po makaka avail ng condonation program? Out of the country po ako.
Pwedi ba ang asawa ang mag ayos o pumuta sa sss para magbayad sa hinde q nabayaran na laon q noon? kc d2 aq sa qatar
Hi im donalyn d. Roque
I apply a sss loan last jan 2017. Then i didnt pay the existing loan because i resign to the company i work before.
Now i start my work last oct 2017. How i pay my sss loan.