How to pay sss loan past due 2019

You can only avail of SSS LRP once. If you have any past due loans in the future, you cannot reapply for LRP again. If you want to get another loan from the SSS , you can only do that months after you have fully paid your previous loan. You must have also paid at least months of contributions to the SSS in the last months to be able to.

How much is SSS Salary loan interest? What is the penalty for SSS amortization? How do I pay SSS loan online?

For those who have delinquent loan account in Social Security System , this is now your chance to clear your record without the added pain of high interest. When does repayment of the SSS salary loan start? The payment starts on the 2nd month following the date of loan. The program covers all member-borrowers who have past due loans like the Salary Loan , Emergency Loan , Educational Loan (old), Study Now Pay Later Plan, Voc-Tech Loans , Y2K Loans and Investments Incentive Loan. The SSS launched the LRP with condonation program on April and is scheduled to expire on October 2. Some SSS members miss their payment deadline of contribution or loan payments due to their busy schedules.

Mar She said payments for salary loans , calamity loans , emergency loans , and educational loans originally due this March or April may be settled in. Remember to check the status of your loan from time to time. There are situations wherein employers failed to remit SSS Loan payments which in turn would make you a delinquent member. You would have to pay unnecessary penalties if such cases happene so better be vigilant in checking and inquiring with your HR. Full payment – the restructured SSS loan is payable within days from the approval of the restructuring application.

Please be advised that SSS has recently launched their Electronic Collection System to allow real-time crediting of payments and contributions. As such, members are now required to register an online My. The Loan Restructuring Program (LRP) offered by the SSS aims to reach out to delinquent member-borrowers to help them fix their status with the state pension fund by settling unpaid loans , minus the burden of paying the applicable penalties from the payment period elapsed. SSS loan payments strictly follow a monthly schedule, with the cut-off date also based on the 10th digit of the member’ s SS number. Late loan payments are charged a one percent monthly penalty.

No need to line up at payment centers. Globe GCash cannot only be used for SSS payments. SSS members must be prepaid or postpaid Globe or Touch Mobile subscriber and must be registered to GCash to use the GCash facility. Can I still pay it at the nearest SSS office.

Is there a way to pay it pa para hindi maputol ang contribution payment. Pay on or before your due date so that penalty will not be incurred. A per month is being applied to delayed payments. The SSS Payment reference Number is currently for Contributions only. We will have to wait for SSS to implement the PRN for Loans Payment.

Updated Here are the new SSS payment deadlines for contributions and salary loans : SSS Payment Deadlines for Voluntary and Self-Employed Members Your payment deadline for a particular month or quarter is the 10th, 15th, 20th, 25th or last day of the following month, depending on the last digit of your SSS no. If the last digit of your SSS no. Search For Social Security Loans. We Have Everything You Are Looking For! Explore the Best Info Now.

SSS Payment Due Dates To avoid penalties and delays in the processing of your benefits, make sure that you pay your SSS monthly contribution on time. Venus Zoleta Venus is an experienced personal finance writer with a background in digital marketing, public relations, and journalism. According to the SSS , the program covers all member-borrowers who have past - due loans like the salary loan , emergency loan , (old) educational plan, study-now- pay -later plan, voc-tech loans , Y2K.

Because it will help you pay your loan much easier. With the SSS Loan Condonation Program, your penalties will be waived. You will realize how helpful this program is especially if you have a long overdue.