Grace Period Implemented on Pag-IBIG Loan Dues w/in the ECQ Period
PAG-IBIG LOAN DUES – The Pag-IBIG Fund is granting a grace period on loan payments that fall during the implementation of the Enhanced Community Quarantine (ECQ).
Undeniably, the finances is one of the hardest to manage amid the COVID-19 crisis in the Philippines now. Many households are falling short of their budget after a breadwinner or someone from the family lost his job or was not able to report to work for days.
The entire Luzon was previously under an Enhanced Community Quarantine (ECQ) for weeks. The same quarantine measure was applied in most parts of Visayas and Mindanao.
During the ECQ implementation, several non-essential businesses temporarily stopped their operation. Employees who are working on a no-work-no-pay basis lost their monthly income.
Considering the financial struggle of a lot of people now, the Pag-IBIG Fund is implementing a grace period on Pag-IBIG loan dues that fall within the ECQ implementation. It is granted automatically on loans.
According to the government agency, it is granted on loans with borrowers living or working in areas covered by the ECQ during the due date. Local government unit declarations are accepted.
The Pag-IBIG loan dues grace period is apart from the 3-month moratorium offered by the government agency. To know about the latter more, you may continue reading at this page – Pag-IBIG Fund Loans Covered by 3-Month Moratorium Amid COVID-19 Crisis.
Amid the COVID-19 pandemic, you may apply for a Calamity Loan to Pag-IBIG Fund to cope with your finances. You may visit – PAG-IBIG FUND CALAMITY LOAN – How To Apply For This Loan Offer Online.
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Nag file po ako ng Pag ibig calamity loan around month of April kaso until now wala pong resulta Kung naaprove po ba application ko.lage ko po Kasi tsinetsek ang loyalty card ko Wala Naman pong laman.sana PO maaprove nman ako.yong agency ko po na Aim One ang nagsubmit Ng application ko.sana matugunan.maraming salamat po.