Eleven days after I filed my SSS Salary Loan application, I received my loan check already. The maximum loanable amount is P24,000.00. But, the net proceeds is P21,360 only (after deducting the advance interest and service fee). The loan is payable in two years at P1,050 per month. The salary deduction starts next month.
Now, I have the money to pay for my car insurance premium and life insurance premium totaling P19,500. What’s left of my loan is P1,860 only.
When I fully paid my salary loan two years ago, I didn’t renew it because of lack of SSS ID card. I wonder if somebody used it without my knowledge or authorization. There are rumors that when you didn’t avail of your loan, somebody else would.
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Hi Ellen,
Just wait for two weeks. And, if the loan check doesn’t arrive by the last week of January, check it personally with the nearest SSS office.
Posted by tom at January 18, 2009, 4:08 amHi Tom, I linked your post up to my blog about my SSS experience — I hope I am as lucky as you are and my check arrives as quickly as yours did.
Posted by bambit at February 8, 2009, 7:06 amI have an outstanding balance in my SSS salary loan. Simply because I lost my previous job, and my payment stopped for more than a year. Now, I’m currently working and I want my salary loan to be deducted in my current office. The problem is, I lost my check voucher. What will I do?
Posted by leonida marilao manalo at July 6, 2009, 11:24 amHi applied for Salary laon and it was approved. They deliverd the check into my office lats week September 24, 2009 but I was absent that day because of family emergency. How will I get my check again.
Please let know.
Thank you
Posted by iceediala at September 29, 2009, 12:08 pmmy sss loan status
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hi tom,
how will i know if my salary loan is approve? our HR told me that she already filed my salary loan last week (Jan. 11). And when i checked my sss online today it said there:
* With active loan - renewal date : April 2011
* Invalid LG/LMS Record. No corresponding LMS Record for Check Dated : 20090114
Kindly advice.
Thank you very much!
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Posted by ellen at January 16, 2009, 10:15 amronaele