US EditionSSS to Lower Calamity Loan Interest Rate - BusinessWorld Online
PHILIPPINES, JUL 23 – SSS cut the calamity loan interest rate from 10% to 7% per annum and allocated ₱20 billion to speed up financial aid for disaster-affected members, De Claro said.
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7 Articles
SSS to hasten calamity loan processing
(UPDATE) THE Social Security System (SSS) said on Wednesday that it would revise guidelines for its Calamity Loan Program (CLP) for members in areas placed under a state of calamity.This move came after the onslaught of Severe Tropical Storm Crising.SSS President and Chief Executive Officer Robert Joseph De Claro said in a statement that the agency is set to reduce the interest rates for calamity loans to 7 percent per annum from the current 10 …
SSS to lower calamity loan interest rate - BusinessWorld Online
THE SOCIAL SECURITY SYSTEM (SSS) will lower the interest rate for calamity loans and streamline the program to allow more members to get financial assistance to cope with the impact of natural disasters. “Following through on the announcement of His Excellency President Ferdinand R. Marcos, Jr. last May 1, 2025 on the reduction of interest rates for salary and calamity loans, we proposed and obtained approval of the Social Security Commission, h…
SSS Updates Calamity Loan Program: Lower Interest, Faster Access & Easier Renewal
The Social Security System (SSS) announced today that it will be issuing the revised Calamity Loan Program (CLP) guidelines aimed at helping members in areas declared under State of Calamity (SOC) due to various natural disasters, including Tropical Storm Crising which struck various parts of the Philippines with strong winds and rain showers. Enhanced financial assistance – lower interest rate and renewal allowed after 6 months “Following throu…
The Social Security System (SSS) has released guidelines on the new policy for the Calamity Loan Program (CLP) to support members affected by calamities such as Typhoon Crising. From the previous 10%, the interest rate for calamity loans has been lowered to 7% per annum for members with a clean credit record. This is in line with the directive of President Ferdinand R. Marcos Jr. to lower interest rates for salary and calamity loans. Apart from …
SSS unveils revised calamity loan guidelines: Lower interest, faster access, and easier renewals for disaster-hit members – Frontpage PH
The Social Security System (SSS) has rolled out enhanced guidelines for its Calamity Loan Program (CLP), offering lower interest rates, quicker activation, and more flexible loan renewal terms to support members in areas declared under a State of Calamity (SOC), including those affected by Tropical Storm Crising. SSS President and
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