Tuesday, September 14, 2010

SSS Loans and SSS Loan Renewal

Being a Social Security or SSS Member gives you a wide range of benefits to avail. One the many benefits that SSS gives its members are the SSS Loans.

SSS has different types of Loans of which, any member in good standing and has satisfy the necessary requirements can avail.

1. Member Loans – A SSS member loan is composed of salary, calamity and emergency loan.

2. Housing Loans – This type of SSS loan covers individual housing, housing for OFWS, housing development, house repair, pari-passu, corporate housing program, apartment for dormitory, housing for Workers Organization members, assumption of mortgage and direct housing development. If you belong to any of these categories mentioned here, make that inquiry now and avail.

3. Business Loans – This 3rd type of SSS loan covers financing program for vocational and technical school, industry loan program, tourism projects, financing program for educational institution, hospital financing program, SSS special financing program and the SULONG program.

These loans can also be renewed if a member has already paid all existing loans and has no existing financial obligations to SSS.

Check here for SSS Loan Requirements and Information.

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