As an SSS member, i read with Spockian eyebrow about the recent lambasting of the SSS due to the salary loan interest computation.
What is all this fuss? Dont you check what you have to pay before you take out a loan? Or do you blindly sign for a loan? if the member checked it out, then that means he agreed to the loan, with all its ramifications, yes? do i hear a no?
Have you read about it? Does it bother you as a member? Most members use it when they need funds immediately and it is usually only the actively employed who pays their loans. No surprise there as the employer deducts the amortization from one's income.the rest of the members forget they have loans.
everyone i discuss sss with, i say, dont forget to pay your loan. if you cant pay in bulk, then pay what you can as regularly as you can.
do a Sinatra (i listen to oldies but goodies), that is "regrets, i have a few" only.
HTT's take on the loans ... vs pensions
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