SSS Calamity Loan Offer Until September 14
SSS CALAMITY LOAN – The Social Security System will continue accepting loan applications until September 14.
A lot of people were greatly affected by the COVID-19 pandemic or coronavirus crisis in the Philippines now. Many people lost their jobs as businesses struggle amid the crisis.
Several business establishments had to close for several weeks in line with the community quarantine measures. Financial losses took place on both sides – the employer and the employees.
Unfortunately, many businesses were forced to declare bankruptcy and close. Along with it are many employees losing their jobs amid the crisis now.
Amid the financial struggles of a lot of people now, the Social Security System is offering the SSS Calamity Loan Program. Under it, members may borrow up to Php 20,000.00.
The said amount can help the members cope with their household expenses amid the crisis. Based on a report on ABS-CBN News, members may apply for the Calamity Loan until September 14.
According to SSS President Aurora Ignacio, they have already granted a total of Php 5.4 million loans to 346,375 members of the social insurance institution.
With regards to the qualifications in applying for this loan offer, the member must have contributed in the last three (3) years. Based on the report, six (6) months of the member’s contribution must have been posted within the last 12 months before the application.
In applying for this SSS loan offer, online services may be availed to avoid risks and save time, energy, and money. Feel free to visit – SSS Calamity Loan – Can I Apply For This Loan Offer Online?.
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