Know the Requirements for SSS Salary Cash Loan

In Need of the Fast Money Offered by SSS Salary Cash Loan? Prepare the Requirements Now To Apply

Here’s a complete list of the few documentary requirements of the Social Security System in applying for the SSS Salary Cash Loan offer.

The Social Security System has designed a loan offer that provides fast financial solution for its members who are in need of cash for multi-purposes. It offers the cash loan “SSS Salary Loan” that is not only open for employed members but as well as self-employed individuals.

As long as you have posted at least 36 monthly contributions in your account, six of which posted within the 12 months prior to the filing of loan application; has not availed a final benefit from the SSS; and whose employer is updated in the payment of the contributions, you may apply for the loan offer.

There is a short list of requirements for the SSS Salary Cash Loan offer. You just need to prepare the following:

• duly-accomplished SSS Member Loan Application Form
• SSS digitized ID or E-6 with any two (2) valid IDs with at least one of which bearing your photo

Submit your requirements to a branch of the Social Security System nearest to you. If you want a more convenient way of applying for the SSS Salary Loan offer, you can actually do it online.

If the SSS Salary Loan application will be filed by an authorized representative, there is a different list of requirements that must be submitted to the state entity. The authorized representative must bring the following:

• Member-borrower’s duly accomplished Member Loan Application Authorized
• Representative’s SS card or any two valid IDs both with signature and at least one with photo
• Letter of Authority (LOA) signed by both the member-borrower and member-borrower’s authorized representative
• Member-borrower’s SS card or any two valid IDs both with signature and at least one with photo.

For locally-employed members of the Social Security System, the loan application may be filed by the employer or the authorized representative of the company. In this case, here are the documents needed:

• Member-borrower’s duly accomplished Member Loan Application
• Authorized Company Representative (ACR) card issued by SSS
• Letter of Authority (LOA) from employer and any two (2) valid IDs both with signature and at least one with photo
• Member-borrower’s SS card or in its absence, Application for SS card (SS Form E-6) acknowledgment stub and any two valid Ids both with signature and at least one with photo.