SSS Loan condonation 2012 was launched last April 2. I was one of the SSS members who wanted to apply for loan condonation. It was almost five years ago when I stopped paying my SSS loan because I turned to be a self-employed individual working from home.
Although I have been very busy and stopped paying the remaining SSS loan, I did not stop paying for my SSS contributions. From employed, I voluntarily pay my SSS contribution as self-employed or voluntary. With the SSS loan condonation program this year, I was able to successfully apply for a loan condonation.
I know most of you are wondering what is the easiest way to apply SSS loan condonation. It is very simple. Before, I thought that I have to go to the SSS branch and wait for the long line. Now you can easily apply SSS loan condonation online.
How to apply SSS loan condonation online? Application for SSS loan condonation online is so easy to do with these simple steps.
- Go to SSS website (https://www.sss.gov.ph) and login using your SSS ID and password. If you have not yet registered, sign up there.
- On the main Menu, click on LOAN CONDONATIONfound at left sidebar of the last link.
- On the loan condonation page, put a tick mark for preferred situation of the applicant then submit. After clicking Submit, there will be a page where you can choose the installment payment terms such as 12 months, 24 months or 36 months.
After the submission, the page will display a message that you have to check your email for the notice of approval on your SSS loan condonation application. In my case, it only took two days for the approval. The email on SSS notice of approval on installment payment contains complete details about the loan condonation.
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