Members of the Social Security System (SSS) who require financial assistance for personal reasons or to recover from a natural disaster can obtain a few short-term loans. Members can borrow a small amount of money through the SSS salary loan based on previous contributions, and the SSS calamity loan helps victims of natural disasters get back on their feet. Regardless of the SSS loan you took out, make sure to pay it back on time and well before the due date to avoid accruing interest and penalties that will make it harder to repay the loan in the future.
Having said that, when it comes to loans, the SSS is much more accommodating than banks. The SSS will not send debt collectors to harass you if you default on your loan and fail to pay it. If you don't pay your debt, they won't send you letters threatening legal action. However, as long as you have an outstanding SSS loan, you will not be eligible for another one. When you or your heirs receive retirement, disability, or death benefits, the outstanding loan balance will eventually be deducted. ,'_com-medrectangle-3','ezslot_5',191,'0','0'_('div-gpt-ad-_com-medrectangle-3-0');
Paying back your SSS loan as soon as possible, preferably before the due date, is essential because you absolutely do not want that to occur. You shouldn't have a problem making on-time payments on your SSS loan given the growing popularity of online banking and electronic wallet (e-wallet) apps like GCash. GCash makes it so simple to pay off your SSS loan; You only need to open the GCash app on your smartphone, add some money to your wallet, and enter the information necessary to make a payment. With the SSS, you don't have to go to a partner bank or the SSS branch to pay your bills.
Learn how to use GCash to pay off your SSS loan in this article. Read this article to learn how to pay your SSS contributions each month instead.
Step-by-Step Instructions for Using GCash to Pay Your SSS Loan Step 2: Open the GCash app and tap ""Pay Bills."" Step 3: Tap ""Government"" Step 4: Select ""SSS Loans – RTPL"" Step 5: Submit your SSS loan payment information Step 6: Examine your payment information Your payment went through successfully! Find out how to get your SSS loan's payment reference number (PRN) and find out if your SSS loan payment has been posted. In conclusion, this is a step-by-step guide on how to use GCash to pay your SSS loan. Learn how to open a GCash account and have it verified by reading this article. Alternately, you can sign up for GCash on this page, and after verification and the first cash-in, you'll get 50 in freebies.336,280],'_com-medrectangle-4','ezslot_6',192,'0','0'_('div-gpt-ad-_com-medrectangle-4-0');
Step 1: First and foremost, open the GCash app on your smartphone and tap ""Pay Bills."" Tap the ""Pay Bills"" icon once you're logged in, as shown in the screenshot below.
Step 2: The screen labeled ""Pay Bills"" appears after you tap ""Government."" Tap ""Government"" in the section labeled ""Categories."" You will be directed to a list of government agencies that accept GCash payments online.
Step 3: Tap ""SSS Loans – RTPL"" at the bottom of the list of government agencies (RTPL stands for Real-Time Processing of Loans).
You can use the search function at the top if you have trouble finding ""SSS Loans – RTPL."" 300,250],'_com-box-4','ezslot_7',193,'0','0'_('div-gpt-ad-_com-box-4-0');
Step 4: Enter the information about your SSS loan payment This is the most important step in the process: entering the information about your SSS loan payment. But don't worry; we'll make this process easier for you so you don't make any mistakes.
In the fields that correspond to them, enter the following information: [250,250], ""_com-banner-1,"" ""ezslot_4"", 360, ""0,"" ""0,"" ""_(""div-gpt-ad-_com-banner-1-0""));
PRN: Enter the loan payment or amortization payment reference number (PRN). Your PRN can be found in My. by selecting ""PRN – LOANS"" from your SSS account. The following section of this article contains more in-depth instructions. Number of Account: Enter the number of your loan account. Your SSS number is not here! Your loan account number can be found in My. Payor Type should typically be ""Individual."" You can access your SSS account by clicking ""PRN – LOANS."" ""Country"": If you are in the Philippines, choose ""Philippines."" Amount: Type in the precise amount you want to pay, including centavos. If you are paying for a consolidated loan, you should enter the exact amount. Email Address: This can be left out. To receive an email notification and receipt, enter your email address.
Press ""NEXT"" to move on after entering all of the required information.
Step 5: Make sure that everything in your payment information is correct by reviewing it. Since GCash is unable to verify the PRN's accuracy, double-check that it was entered correctly. Your money could be lost as a result of the transaction being invalidated by an incorrect PRN.250,250],'','ezslot_14',550,'0','0'_('div-gpt-ad--0');
Press ""CONFIRM"" to submit your payment after verifying the accuracy of your SSS loan payment information.
Step 6: Your payment went well!
Your SSS loan payment will be processed and posted in real time if everything goes according to plan. GCash will send you a text message when that happens. ""Your transaction to SSS Loans – RTPL amounting to (amount) with fee P0.00 has been processed, and your payment will be posted in real time,"" will appear in the text message.
What should you do if, after making your payment, you get an error on the GCash app? Checking to see if your payment was deducted from your GCash balance is the first thing you can do. You can try making the payment again if your balance is still intact, as it is likely a failed transaction. However, your SSS loan payment was successful if the amount was already deducted from your GCash balance. Simply wait for the text message letting you know that the transaction was successful.
How to Get Your Payment Reference Number (PRN) for SSS Loans The most crucial piece of information you'll need to pay your SSS loan is your payment reference number, or PRN. You can't use GCash or any other online payment platform to pay your SSS loan without the payment reference number.
Logging into My is the best way to find your PRN. Account SSS. unless you have a My. If you do not yet have an SSS account, read this guide to learn how to register and activate it.
Click the ""PRN – LOANS"" link in your SSS account's navigation menu once you've logged in. This will bring you to the page for your loans account.
Information regarding your active loan can be found under the heading ""ACTIVE LOAN/S WITH PRN (FOR THE MONTH),"" which includes:
Payment Reference Number (PRN)Loan TypeLoan Date250,250],,'ezslot_9',560,'0','0'_;Loan Account NumberTotal ObligationAmount DueAmount to Be PaidThe SSS may also send your payment reference numbers to you via email or text message; however, if you have lost or forgotten your payment reference numbers, you can simply log in to the My account. Access the SSS portal for your PRN. You will need to log in to your My account as the SSS mobile app currently only displays PRNs for contributions rather than loans. Using a browser, access your SSS account.
How to Determine Whether or Not Your SSS Loan Payment Has Been Posted Although SSS loan payments are posted in real time, it may take several hours to determine whether or not your payment has been deposited. When your payment is successfully credited to your loan account, the SSS will send you an email.
Simply log in to My to determine whether your SSS loan payment has been reflected in your account. On the SSS website, select ""PRN – LOANS"" from the menu at the top to access your loans account. The ""PAID PRN"" section should contain your successfully posted payments.
In conclusion, there are a lot of advantages to using GCash, including the ability to pay your bills online. It's nice to know that you can use GCash to pay your SSS loan, which is really convenient and saves you the effort of going to the bank or a payment center. You can also pay your SSS loan using GCash or any other online payment platform through the SSS's Real-Time Processing of Loans (RTPL) initiative and have it processed and posted immediately. You won't have to wait days or weeks to find out if your payment went through.250,250],'_com-large-mobile-banner-1','ezslot_12',700,'0','0'_('div-gpt-ad-_com-large-mobile-banner-1-0);
Call the SSS hotline at 1455 (or 81455 for all landline users) or send an email to onlineserviceassistance@sss.gov.ph if you have any questions or concerns about your loan billing and payments.
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