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SSS offers loan re-structuring

Written by
  • Zeny S.
  • 4 years ago

BALANGA CITY, Bataan – If you still not have availed of the SSS offer regarding the loan re-structuring program (LRP) with penalty condonation, now is the time, said SSS Bataan head Joel L. Villafuerte.

Mr. Villafuerte said that the re-implementation of the LRP which will be offered from April 2 to October 1, 2018, is due to the widespread clamor of the members who were not able to avail of it last 2016 and 2017.

The SSS Bataan Head explained that the LRP will allow the member-borrowers to clean up their loan accounts with SSS to be able to fully enjoy their benefits as members.

Likewise he said that member-borrowers, through LRP will be able to settle their overdue loan principal and interest in full or by installment under the re-structured term depending on the capability of the member to pay.

The program, according to Sir Villafuerte, covers all member-borrowers who have past due loans like salary loan, emergency loan, educational loan, study  now pay later loan, Voc-tech loans, Y2K loans and investment incentive loan.

SSS Bataan will start accepting applications for LRP on April 2, 2018 up to Oct. 1, 2018. All member-borrowers will just have to go to SSS branch office for more information.

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