Anyone Know about SSS Calamity Loan Interest Rate?
Anyone Know about SSS Calamity Loan Interest Rate?
The Social Security System (SSS) Calamity Loan is designed to provide financial assistance to SSS members affected by natural disasters. This special loan program offers a relatively low interest rate, typically around 6-8% per annum, which makes it more affordable compared to other personal loans. With this lower interest, the program eases the financial burden of repayment, enabling members to access funds quickly for urgent needs like home repairs, medical expenses, and basic living costs after a disaster. The SSS Calamity Loan interest rate is structured to help members recover financially without overwhelming debt.