Can Pag-IBIG Cash Loan & Calamity Loan Be Availed Together?
PAG-IBIG CASH LOAN – Here is a guide on whether you may apply for the said Pag-IBIG Fund loan offer if you have an existing calamity loan or not.
Several entities nowadays got multiple loan offers for the public and specific group of individuals. Among these entities are the banks, the lending companies, the financing firms, and the government agencies.
The Pag-IBIG Fund is one of the government agencies with loan offers for its members. It has the multi-purpose loan offer and the calamity loan offer among others.
Also called as Pag-IBIG Cash Loan, the multi-purpose loan offer is a well-sough offer of the government agency. It can help you in paying for the rent, purchasing an appliance, paying for the utility bills, funding an event, etc.
To qualify for the said cash loan offer, the member must have posted at least twenty-four (24) membership savings. Also, a sufficient proof of income is needed.
With regards to the amount that you may borrow under the said loan offer, you may visit – Pag-IBIG Salary Loan – How Much You Can Borrow Based On Contribution.
Can I still apply for Pag-IBIG Cash Loan even if I have an existing calamity loan?
According to Pag-IBIG Fund, you may still be eligible to apply for its multi-purpose loan offer even if you have an existing calamity loan provided that you are active in paying for your existing loan. The difference depends on the loanable amount.
If you have an existing calamity loan, the Pag-IBIG Cash Loan proceeds may be the difference between 80% of your Pag-IBIG Regular Savings and the balance of your existing loan.
Do you want to apply for the said Pag-IBIG loan offer? You may visit – PAG-IBIG SALARY LOAN – How To Apply & Requirements To Prepare.
Thank you for visiting our website. We hope we have helped you with regards to this matter. You may keep coming back for more informative guides.
READ ALSO: Pag-IBIG Loan Interest Rate Implemented Under Multi-Purpose Offer
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