SSS to pensioners: avoid loan sharks, apply for Pension Loan Program with low-interest rate

The Social Security System (SSS) is encouraging its pensioners to use its Pension Loan Program (PLP) for their immediate financial needs instead of going to loan sharks that offer high-interest rates and uses their ATM cards as collateral. The PLP, launched in September 2018, allows qualified retiree-pensioners to avail of a loan of up to [&hellip

Source: Business Diary Philippines