private loans to government employees in the Philippines
How can government employees get loans from government agencies?
GSIS and Pag-IBIG are two government agencies that provide housing and private loans. Provide financial support to government employees.
Compared to banks, the two agencies have lower interest rates with higher annual salaries. Because donations are automatically deducted from wages, government employees can easily repay their loans.
1) GSIS Integrated Loans
You can get these loans through GW@PS or the nearest GSIS wireless automated processing system kiosks
The term “Consso Loan” is integrated or “Consso Loan” to combine five different loans into one, such as emergency loans, salary loans, restructuring annual salary loans, and next one month pay loans.
The application is a “kiosk” that does not require paper and looks like an ATM.
2. Pagtun sa Kinabukasan: Ikaw, Bangko, Industria at Gobyerno (Pag-IBIG)
Pag-IBIG funding is mandatory for all individual employees (SSS) and public officials (GSIS). This means that all types of employees are eligible for a Pag-IBIG loan.
How can government employees get loans from banks or private lenders?
Civil servants who need more loans than government agencies can apply to banks. However, you can do this much easier by accessing the Online Compare Loans portal for whatever reason or purpose.
To get a quick estimate of the amount of loans you can borrow from the Online Comparison portal, you can enter details such as monthly income. Also, they are put on the bank at low interest rates. This can help avoid dirty lending institutions or credit sharks that tend to charge too much interest.
To qualify for a bank loan, you must be hired for at least two years.
To apply for a personal loan, we can make it easier to make a list of banks that minimize credit.