3-Month Moratorium Offered For Pag-IBIG Fund Loans Amid COVID-19 Crisis
PAG-IBIG FUND LOANS – The Pag-IBIG Fund is offering a three-moratorium on loans amid the COVID-19 crisis in the Philippines.
Most Filipinos now are dealing with the impacts of the coronavirus or COVID-19 outbreak in the Philippines. Currently, the total confirmed cases of the disease in the country has already exceeded 5,000.
PH is now the country in the Southeast Asia region with the most number of COVID-19 cases. To curb the spread of the infection, the entire Luzon is currently under an enhanced community quarantine (ECQ).
Also, provinces in Visayas and Mindanao are implementing the ECQ. Many businesses temporarily stopped their operation over the advisory that people must stay at home to curb the spread of the disease.
The income of people, most especially those who are working on a no-work-no-pay basis, are affected. In line with it, several agencies and companies postponed the collection of dues.
One of the government agencies that launched an offer in line with the COVID-19 crisis in the Philippines is the Pag-IBIG Fund. The Pag-IBIG Fund Loans are now covered by a three-month moratorium.
It aims to help the Pag-IBIG members cope with their expenses amid the crisis by focusing only on their necessities now and as well as the safety of their families.
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 Calamity Loan Application Form