So applying for a loan at SSS could be a little tricky. So I have prepared some list that you need to have in order for you to have a swifter processing of your salary loan.
Another tip is, you'll have to make sure all outstanding salary loan is fully paid. You wouldn't want your salary loan to be subtracted to almost nothing depending on how much you have left from the previous loan.
Once you made the loans, make sure to prioritize in paying them. This will reflect as a bad credit on your end and you'll have difficulty in acquiring your next loan. If by any chance for whatever reason, you cant pay the remaining of the loans I would recommend that you apply for LOAN Renewals granting you already paid 50% of the outstanding loan.
After filling out the form, make sure you'll have any combination of the following:
For Members employed in the Philippines and for members employed Overseas
Note: before application make sure you or your employer is up to date in paying your contribution. You might be in trouble if this is not updated.
After filling out the form, make sure you'll have any combination of the following:
For Members employed in the Philippines and for members employed Overseas
- Unexpired Drivers License.
- PRC (ID)
- Passport
- Postal ID
- School or Company ID
- Tax Identification Number Card
Note: before application make sure you or your employer is up to date in paying your contribution. You might be in trouble if this is not updated.
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Having a Social Security System is OK. However, it is not advisable that this will be your retirement saving. It helps but you would end up actually getting a very minimal. Plus, we had experience in processing the retirement really really really difficult it took my friend 1 year and 2 mos before they finally got their retirement.
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