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sir additional question...nakapag-loan ako ng 24k pro less than 24k ung nasa check...talaga bang ganun? kse ung monthly e 1,075 so after 2 years ang ibinayad mo e 25,800. I think ang nakalagay sa check is 22k lng..... so bale 4.8k ung interest?

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sir additional question...nakapag-loan ako ng 24k pro less than 24k ung nasa check...talaga bang ganun? kse ung monthly e 1,075 so after 2 years ang ibinayad mo e 25,800. I think ang nakalagay sa check is 22k lng..... so bale 4.8k ung interest?

 

How much is the interest and service fee charged on a salary loan?

The loan shall be charged a nominal interest of 10% per annum. First year's interest shall be deducted in advance from the proceeds of the loan. Second year's interest shall be included in the monthly amortizations.

 

 

A service fee of 1% of the loan amount shall be charged and deducted from the proceeds of the loan.

 

 

ung interest for the first annum e binawas na agad..... ung the rest of the interest plus the principal amount is divided s monthy payments mo... :)

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I was able to get a loan worth 15k from the SSS back in 2003. Two years yung payment so I think I'll be done paying it later this year. My question is, when can I make another salary loan, this time for 24k naman? Walang putol ang SSS contributions ko.

 

as i have said earlier... your loan will always depend on your monthly salary credit... kung mlaki cya ganun din ung maloloan mo.... :)

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