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Among its benefits are loan offers including the GSIS Emergency Loan.

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The project called GSIS Financial Assistance Loan (GFAL) will be piloted for six months in 12 areas across the country, including Batangas, Bulacan, Dagupan, Naga, Cavite, Manila, Quezon City, Bohol, Ormoc, Koronadal, Butuan and Tagum.

Up to Php500,000 may be availed by qualified members, provided their take-home pay will not go lower than Php5,000 after their monthly obligations have been deducted.

The GSIS Enhanced Consolidated Loan or GSIS Conso-Loan is for the purpose of the consolidation of the borrower’s outstanding loans covering: GSIS Conso-Loan " data-medium-file="https://i2com/newsfeed.ph/wp-content/uploads/2019/04/GSIS-Conso-Loan.jpg?

fit=300,136&ssl=1" data-large-file="https://i2com/newsfeed.ph/wp-content/uploads/2019/04/GSIS-Conso-Loan.jpg? fit=696,315&ssl=1" src="https://i2com/newsfeed.ph/wp-content/uploads/2019/04/GSIS-Conso-Loan.jpg? w=696" alt="GSIS Conso-Loan" class="wp-image-52946" srcset="https://i2com/newsfeed.ph/wp-content/uploads/2019/04/GSIS-Conso-Loan.jpg? w=750&ssl=1 750w, https://i2com/newsfeed.ph/wp-content/uploads/2019/04/GSIS-Conso-Loan.jpg? resize=300,136&ssl=1 300w, https://i2com/newsfeed.ph/wp-content/uploads/2019/04/GSIS-Conso-Loan.jpg? resize=696,315&ssl=1 696w" sizes="(max-width: 696px) 100vw, 696px" data-recalc-dims="1" / Based on the official website of the Government Service System (GSIS), the outstanding balances of the aforementioned loans will be liquidated and penalties and surcharges would be deducted.

The loan is restructured and the GSIS member will pay it for lower interest and amortization and longer terms. The member can not apply the amount greater than the total obligation on the SOA.

If a member of the loan has two or more private lenders, they will be consolidated based on the SOAs being passed.

That is another benefit of the loan aside from its installment form.

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