When sss loan check generated how long do i need to wait?
1. When sss loan check generated how long do i need to wait?
When applying for an SSS loan, the previous process called for a check, but the new one now asks for a bank account to be enrolled and the process would take no longer than 15 days. Based on my own experience when I applied for a loan recently, the process was fairly quick and easy and the loan proceeds were released into my bank account within 6 days. This was way better than when waiting for a check to be generated. During that time I had to wait for at least 21 days.
The new process calls for signing up to an My.SSS online account which can be done through their website. Then once logged in enroll a bank account under the E-services tab. A list of SSS-accredited banks would then appear. For BDO, make sure that you put in leading zeroes, which means that if your bank account is 11111 always put in 00111111 (again, for BDO only).
Always keep your bank information secure and your SSS credentials as well because as with anything involving cash, it could be prone to scamming or phishing.
#LearnwithBrainly
For more information:
Phishing: https://brainly.ph/question/345092
SSS versus GSIS: https://brainly.ph/question/2547545
2. how can you apply consumer loan and business loan in your daily life ?
Answer:
by provides structure and predictability in your finances and you know exactly how much you need to pay back each month.
Answer:
chemical reaction to the election and I will be there in about the election and I will send mo
Step-by-step explanation:
of course I will be there in about the election and
3. Mrs. Paredes obtained a loan of P50,000 from the SSS. If the total interest of the loan was P19,500 at 9.75% per year, how long was the loan?
Answer:
2 years and 3 months long was the loan
4. What happened when my sss loan status is check generated?
When your SSS loan status is check generated, it means that your loan has been approved and the check will be delivered via mail. Once you receive it, you have to encash it. The check is issued by the Land Bank of the Philippines as the authorized bank for government loans.
You have to go to any branch of Land Bank for the check encashment. Fill out the necessary information on the back of the check. Don't forget to bring proof of identity as you will present this at the bank counter.
5. You had Php 32,000 salary loan to be paid in a year. The interest is at 5%. How much do you need to pay in all for the loan? *
Answer:
₱33,600
Step-by-step explanation:
₱32,000x5%=₱1,600(interest)
₱32,00+₱1,600=₱33,600
PA BRAINLIEST PO#CARRY ON LEARNING#BRAINLIESTBUNCHAnswer:
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Step-by-step explanation:
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6. paano ang proseso sa pagaaply ng sss loan
Answer:
PAANO MAG APPLY?
MGA REQUIREMENTS
I-Download Fillable Member Loan Application Form
Kung ang mag-aapply ay ang Member-Borrower:
Na fill upang Member Loan Application Form
SSS Digitized ID o E-6
Kung wala pang SSS Digitized ID ay maaring magbigay ng dalawang ID bilang identification.
2. Kung ipinasa ng Awtorisadong Kinatawan ng member- borrower:
Na fill upang Member Loan Application Form na finill-upan ng Member Borrower
SS Digitized ID ng awtorisadong kinatawan o anumang dalawang valid IDs na parehong may pirma at hindi bababa sa isang may larawan
Letter of Authority (LOA) na pinirmahan ng parehong member-borrower at awtorisadong kinatawan ng member-borrower.
SS Digitized ID ng Member-borrower o anumang dalawang valid IDs na parehong may pirma at hindi bababa sa isa na may larawan.
3. Kung ipinasa ng Awtorisadong Kinatawan Employer / Kumpanya.
Na fill upang Member Loan Application Form na finill-upan ng Member Borrower
Authorized Company Representative (ACR) card na inisyu ng SSS
Letter of Authority (LOA) mula employer at anumang dalawang (2) valid IDs parehong may pirma at hindi bababa sa isang may larawan
SS Digitized ID ng Member-borrower o anumang dalawang valid IDs na parehong may pirma at hindi bababa sa isa na may larawan.
Ang orihinal o certified true copies ng mga supporting documents ay dapat na ipakita kapag isinumite na ang Loan Application.
PROSESO NG PAG A-APPLY (Filing Procedure)
Ang manghihiram ay maaaring magpasa ng salary loan application sa pinakamalapit na SSS Branch sa lugar ng paninirahan o negosyo. Ang isang miyembro na nakarehistro sa My.SSS (SSS Web Account) ay maaaring magsumite ng salary loan application online. Ang salary loan na isinumite online sa pamamagitan ng isang nagtatrabaho miyembro ay mapupunta sa My.SSS employer account para sa sertipikasyon, samakatuwid, ang employer ay dapat ding magkaroon ng isang SSS Web account.
Ang Overseas Filipino Worker na miyembro ay maaari ring mag-file ng kanilang salary loan application sa SS Representative Offices sa mga piling bansa. Sa kasong walang SSS office sa isang partikular na bansa ay maaaring sila ay magpadala ng kanilang aplikasyon at mga sumusuportang dokumento sa kanilang mga kamag-anak dito sa Pilipinas at pahintulutan ang mga ito upang mag-file sa sangay SSS. Ang mga dokumento na inibigay (issued) sa ibang bansa ay nararapat na authenticated o sertipikado ng Philippine Consulate / Embassy. Maaari rin nilang ipadala ang application at mga sumusuportang dokumento sa Foreign Expansion Branch at Monitoring Department (FEBMD) thru mail (3 / F SSS Building, East Avenue, Diliman, Quezon City) o fax (632-435-9814).
Tandaan: Ang employer ay dapat magsumite ng isang na-update Specimen Signature Card (SS Form L-501) upang ma-update taun-taon upang maiwasan ang pagkaantala sa pagproseso ng mga aplikasyon salary loan.
MAGKANO ANG MAARI KONG MAHIRAM (LOAN AMOUNT)?
Ang isang-buwan salary loan ay katumbas ng average ng pinakabagong nai-post na Monthly Salary Credits (MSCS) sa loob ng 12 buwan, o halaga-apply para sa, alinman ang mas mababa.
Ang dalawang-buwang salary loan ay katumbas ng dalawang beses ang average ng pinakabagong nai-post na MSCS sa loob ng 12 buwan, round-off sa susunod na mas mataas na buwanang salary credit, o halaga-apply para sa, alinman ang mas mababa.
Ang net na halaga ng pautang ay ang inaprubahan halaga ng loan kung saan ibabawas dito ang lahat ng natitirang balanse ng nakaraang utang ng miyembro.
SCHEDULE NG PAGBABAYAD
Ang pautang ay nararapat bayaran sa loob ng dalawang (2) taon sa 24 buwanang installments.
Ang buwanang amortization ay magsisimula sa ika-2 buwan kasunod ng petsa ng loan, kung saan ay dahil sa o bago ang deadline ng pagbabayad.
Pagbabayad ay maaaring gawin sa anumang branch SSS na may Tellering Facility, SSS-accredited bank o SSS-accredited payment center.
INTEREST AT PENALTY
7. How can you apply your knowledge in business and consumer loans in your future careers or in the existing loans of your family?
Answer:
Studying finance can lead to a successful business career—and it improves your financial literacy, so you can make sound financial decisions ...
Step-by-step explanation:
hope
it
helps
Step-by-step explanation:
Investopedia defines finance as “a broad term that describes activities associated with banking, leverage or debt, credit, capital markets, money, and investments.”
In practical terms, finance refers to all of the money-related decisions consumers, businesses, and governments make on a daily, weekly, and yearly basis. It’s similar to accounting, but there is a key difference:
Accounting centers on the collection and analysis of financial information.
Finance is more concerned with the implications that arise from employing various money management strategies.
Whereas an accountant would seek to analyze financial data to produce a report, a finance expert would be more inclined to synthesize that information to generate an actionable recommendation.
In other words, finance helps us make better decisions with our money and accounting enables us to keep track of it. You use finance in innumerable everyday financial scenarios, such as:
Making a budget for your groceries
Deciding how much of your paycheck you want to save and how much you want to invest or spend
Considering whether to pay your credit card balance in full each month
8. How mathematics is applied to loans and interest
Step-by-step explanation:
Mathematics is very useful in loans and interest since they use multiplication, addition, and even subtraction and all of these operations are in mathematics.
9. Mrs. Paredes obtained a loan of P50,000 from the SSS. If the total interest of the loan was P19,500 at 9.75% per year, how long was the loan?
Answer:
n=4 years or 4.11 years
n = 4 years and 1.5 months
Step-by-step explanation:
I = P × i × n
19500 = 50000 × 0.095 × n
n = 19500 / (50000 × 0.095)
n= 4.11 years × (12 months/year)
n = 4 years and 1.5 months
10. I applied sss loan online last nov. 30, 2019.. then it says my checked was generated dec.03 but until now I haven't received any notifications/email about my check. My 1st monthly amortization is jan. 1 but until now I haven't received my check. Please help
Answer:
Inquire to the nearest post office in your area. Or contact the SSS Main office to inquire the status of your SSS check.
Explanation:
11. Why do other people recommend SSS to loan or invest some money?
Answer:
para Lalo pang lumaki Yung pera mo
12. Mr. S is the MIS Director of the Social Security System (SSS). Mr. S’s mother is working in a private firm and had incurred SSS loan equivalent for a five (5) month salary. Her mother wanted to apply for another loan but was disapproved for a reason that she has a pending SSS loan. To help his mother, Mr. S altered the actual data from the SSS Information System to make it appear that her mother had no more pending loan from the SSS. Ms. SS, the approving officer of the loan, in relying on the computer – generated output of the SSS Information System approved the loan of Mr. S’s mother.1. Do you think that Mr. S is guilty of Computer Related Forgery? Why or Why Not?2. Is Mr. S is guilty of Computer – Related Fraud? Why or Why Not?3. If Ms. SS, the approving authority is aware of the scheme made by Mr. S, then is Ms. SS also guilty of computer related forgery. Why or Why Not?4. If Ms. SS, the approving authority did not approve of the loan application of Mr. S’s mother, then is Mr. S will not anymore guilty of computer related forgery? Why or Why Not?
Social Security System Loan Approval (COMPUTER FORGER AND FRAUD)1. Yes, Mr. S is guilty of Computer Related Forgery.
Definition: Computer Related Forgery is altering information for means of impersonating of stealing an identity.
Mr. S changed data and information to help his mother have a loan approved.
2. Yes. Computer fraud is defined as an offense that consists of using or falsifying data stored, being processed or in transit, in order to derive personal benefits or financial gain.Since Mr. S's purpose is to take out some loan and so this is considered as fraud. He is defrauding the Social Security System.3. No. If the approving officer is aware of the scheme she would not be guilty of it but she will be considered as an accomplice. Or she will be charged for Negligence.4. No, she will not. Since the loan did not go through, the fraud also would have been null and void. And so, if for example, authorities discovered that Mr. S. attempted to defraud the SSS, then he will still be charged of the same crime. To which it would not find Ms. SS to be at fault, whether she detected the con or not, because she did not approve of it.#SPJ1
https://brainly.ph/question/1452888 (SSS)
13. how to reset my sss online account
Answer:
How to Reset SSS Password Online in 4 Easy
Step 1: Visit the SSS official website. Go to the sss.gov.ph home page. ...
Step 2: Go to the Forgot User ID or Password. ...
Step 3: Check your Email for the SSS Password Reset Notification. ...
Step 4: View Your Forgotten User ID, then Reset Your Password.
I hope that will help u
14. how important the requirements in applying for loan
Answer:
The most important factor in deciding whether to borrow money is you. Looking at monthly and yearly budgets may help you understand just how much you can afford to make in loan payments, thus helping you decide on a loan amount.
sana maka tulong
15. how much will be deducted from your salary if your monthly salary credit is 8,000 and you are in "employed" member of SSS? A. P320 B. P640 C. P960 D. P1,600
Answer:
C po lods sana makatulong
16. How mathematics applied in loans and interest
Answer:
Mathematics can be used when we want to apply for credit to the bank, by using formulas in mathematics we can calculate loan interest we must pay when we apply for debt to the bank.
Explanation:
We apply a $25000 loan with 5% annual interest rate to the bank.
We can calculate the amount of interest we have to pay monthly using this formula:
[tex]I = P (\frac{r}{t} )[/tex]
I = Interest amount
P = Principal amount ($25000)
R = Annual interest rate (5%)
T = Time period (12 months)
So that, we can calculate:
[tex]I = 25000 (\frac{0.05}{12} )[/tex]
I = $104.167
This means that the $104.15 of our monthly payments is a loan interest payment that doesn't reduce our principal amount ($25000).
If we want to pay off the debt in one year then the payment we pay is
Principal amount we have to pay monthly in a year = [tex]\frac{25000}{12}[/tex] = $2083,33
Interest amount we have to pay monthly in a year = $104.15
Monthly payment = principal payment + interest payment
= $2083.33 + $104.167 = $2.187,497
Learn more about this topic at https://brainly.ph/question/29186188
17. 3. Classify the following consumer loans as either secured or unsecured Explain why A AUTO LOAN B HOUSING LOAN C SALARY LOAN OR PERSONAL LOAND, CREDIT CARD
Answer:
thanks sa point Salazar
Answer:
answer it A sure
Step-by-step explanation:
it hope correct answer sure
18. Compute the SSS, Pag-ibig and PhilHealth salary worth of: 40,000php
Answer:
From your gross salary, the salary as reflected on your employment contract, subtract your monthly contributions and income tax. Your net-take home pay or net salary would be ₱22,886.6! That's the step by step guide on how you can compute your income tax and get your monthly net salary.
Explanation:
If you make ₱ 10,000 a year living in Philippines, you will be taxed ₱ 2,860.
19. I am a 15 year old student and I wanted to have or achieve my own salary. I'm from the Philippines and can someone share some online jobs that are fit for me to apply? I just wanted to make myself more reliable and independent.
we're on the same situation bruh. if you can find some please reply. God bless.
20. 3. How can we identify if a loan is a business or personal loan in terms of its purpose, source of funds, and other factors? 4. Which of the two types of loans offers better flexibility? Why? 5. In what way can you apply or use the lessons (Annuity and Loans) learned in your daily life as a student or in the future? l annuity by
Answer:
How can we identify if a loan is a business or personal loan in terms of its purpose, source of funds, and other factors? 4. Which of the two types of loans offers better flexibility? Why? 5. In what way can you apply or use the lessons (Annuity and Loans) learned in your daily life as a student or in the future? l annuity by
21. The law of cosines can be applied because 3 sides (SSS) are given
Answer:
side side side
Step-by-step explanation:
simple bvgo
22. How mathematics applied in loans and interest?
Mathematics is applied in loans and interest, when we want to apply for credit to the bank, we can calculate loan interest. The goal is to check the correctness of calculating the interest rate on your credit.
Detail Explanation :
If you want to apply for credit? You should know the formula for calculating loan interest. The goal is to check the correctness of calculating the interest rate on your credit.
By understanding how to calculate interest rates, you can analyze the total loan amount, i.e. the principal of the loan along with the amount of interest. Another goal is that you can manage your finances better.
Based on how to calculate it, there are three formulas for calculating interest that are applied in banking.
Flat Flowers
The formula.
Interest / Month = (L x l x h) / JB
P = Principal loan
l = Interest rate
t = Number of tenors
JB = Number of months in tenor
Effective Interest
The formula.
Interest / Month = P x i x (30/360)
SP = previous month's principal loan
i = Interest rate / year
30 = Number of days/month
360 = Number of days/year
Annuity Interest
The formula.
Interest / Month = SP x i x (30 / 360)
SP = previous month's principal loan
i = Interest rate / year
30 = Number of days/month
360 = Number of days/year
Learn More About :Materials on interest rates can also be seen at https://brainly.ph/question/29186188#LearnWithBrainly
#SPJ1
23. You had Php 32,000 salary loan to be paid in a year. The interest is at 5%. How much do you need to pay in all for the loan? *
Answer:
₱33,600
Step-by-step explanation:
₱32,000x5%=₱1,600(interest)
₱32,00+₱1,600=₱33,600
24. Salary loan proposal using simple interest
Answer:
The Loan and calculating simple interest
Step-by-step explanation:
The formula for calculating simple interest is: Principal *interest rate* Term of loan. Loans rarely usethe simple-interest calculation, but those that do are auto loans and short-term personal loans. A handful mortgages also use this calculation, most notably the biweekly mortgage
25. What I Can DoMoney MattersRead and analyze the given situation below. Answer the questions that follow.DEYou are a regular employee in a finance company that offers a loan payablethrough salary deduction. One of its privileges is availing a loan that offers a 5%interest compounded annually for 1 to 5 years. You are thinking to apply for aloan but you wanted to analyze if you can shoulder the monthly payment. Makea loan schedule and fill up an application form that will help you decide theamount of loan that you will makeLoan ScheduleEDUCATIONMonthlyPaymentLoan AmountMaturity Valuet-5P10,000P20,000P30,000P40,000P50,000P100,000P150,000P200,000P250,00021
Step-by-step explanation:
Yan po sagot ko
Hope it helps
26. Christian works as an IT technician and earns a monthly basic salary of ₱25,000 and a COLA of ₱2,000. How much are the SSS, Pag-IBIG and PhilHealth Contributions?
Answer:
27,000
if adding
23,000
if reducing
27. Suppose you are a regular employee in a finance company that offers a loan payable through salary deduction. One of its priviledges is availing a loan that offers a 5% interest compounded annually for 1 to 5 years. You are thinking to apply for a loan but you wanted to analyze if you can shoulder the monthly payment. What will be the monthly payment?
Answer:
haweryuiopsa
Step-by-step explanation:
erwesaeaesesesa
28. Activity 1: How Much Do I Have?Let's Find Out: How to apply Evaluating Algebraic Expressions in weeklysalary?
Step-by-step explanation:
translate statements into algebraic expressions, and evaluate..
29. make salary loan proposal question using simple interest
Answer:
you can do that trust your self
30. suppose you are a regular employee in a finance company that offers a loan payable through salary deduction. one of its privileges is availing a loan that offers a 5% interest compounded annually for 1 to 5 years. you are thinking to apply for a loan but yiu wanted to analyze if you can shoulder the monthly payment.make a loan schedule and fill uo an application form that will help you decide the amount of loan that you will make
Answer:
103176662858154936691-666
here po pa brainliest po :)
sana naka help
