Topic: loans

Tips on how to get your money back from family, friends

Tips on how to get your money back from family, friends

Aneth Ng-Lim
Posted at Jul 06 09:06 AM

Money is tight these days and many have been scraping the bottom of their savings barrel for several weeks now. Not much of a surprise when in just a couple of months, unemployment has reached 7.3 million due to business closures and workforce reductions because of the enforced community quarantine. Add to that some 354,000 displaced overseas Filipino workers, and we can expect to hear sob stories anywhere we turn.   Read more »

GSIS extends moratorium on loan payments to end of June

GSIS extends moratorium on loan payments to end of June

ABS-CBN News
Updated as of Jun 27 05:37 PM

MANILA - State pension fund Government Service Insurance System (GSIS) on Saturday said it was extending its moratorium on loan payments until the end of June, providing relief to members and pensioners reeling from the COVID-19 pandemic. Read more »

OWWA mulls lowering of OFW loan interest rates amid COVID-19 crisis

OWWA mulls lowering of OFW loan interest rates amid COVID-19 crisis

Katrina Domingo, ABS-CBN News
Posted at Jun 24 08:13 PM

The Overseas Workers Welfare Administration (OWWA) on Wednesday said the 7.5 interest rate charged against loans given to overseas Filipino workers (OFWs) is "under review" as the global pandemic continues to displace thousands of Filipino migrant workers.   Read more »

DTI hopes to distribute loan package to MSMEs in 2 months

DTI hopes to distribute loan package to MSMEs in 2 months

ABS-CBN News
Posted at Jun 06 05:39 PM

MANILA - The Department of Trade and Industry (DTI) said it is anticipating thousands of micro, small and medium enterprises to tap into its loan facility aimed at helping businesses affected by impact of the COVID-19 pandemic this month. Read more »

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