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DOF: SSS program protects members from loan sharks
January 03, 2026
|The Philippine Star
The new micro loan program of state-run pension fund Social Security System (SSS) aims to steer members away from loan sharks, other high-cost and predatory lending schemes, according to the Department of Finance (DOF).
An SSS branch features windows for various transactions.
In a statement yesterday, Finance Secretary Frederick Go said the loan program would promote responsible borrowing by providing affordable and convenient access to short-term credit for SSS members.
"Through the proposed SSS micro loan program, we are addressing the immediate cash needs of members by offering small, short-term loans at reasonable rates and with flexible repayment options," Go said.
هذه القصة من طبعة January 03, 2026 من The Philippine Star.
اشترك في Magzter GOLD للوصول إلى آلاف القصص المتميزة المنسقة، وأكثر من 9000 مجلة وصحيفة.
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