Social Security System Loans Review
Quick overview
- Amount: ₱10 000 - ₱500 000
- Term: 1 - 24 months
- Age: 18 + years old
Social Security System Loans table of repayments
| Amount | Fee | Total payment | Term |
| ₱200 000 | ₱39 881 | ₱239 881 | 24 months |
A representative example
A loan amounting to P200,000 with a term of 24 months will pay P39,881, inclusive of interest.
Detail information
- A one-month salary loan is equivalent to the average of the member-borrower's latest posted 12 Monthly Salary Credits (MSCs), or amount applied for, whichever is lower.
- A two-month salary loan is equivalent to twice the average of the member-borrower's latest posted 12 MSCs, rounded to the next higher monthly salary credit, or amount applied for, whichever is lower
- The net amount of the loan shall be the difference between the approved loan amount and all outstanding balance of short-term member loans
Social Security System Loans experience and discussion
Social Security System Loans experiences
Tell us your experience with Social Security System Loans at info@coolfinance.ph and we will publish it anonymously into our discussion.
Is Social Security System Loans a scam?
No. The product is absolutely fine and no need to worry about anything hidden. The company SSS really provides these loans.