PSSLAI will not collect any accrued interests for the whole duration of the 60-day grace period for loan payments. In an advisory posted on its website, it explains that based on RA 11494 or Bayanihan to Recover as One Act and BSP Memorandum Circular No. M-2020-068, lending institutions “may collect Accrued Interests for loans covered by the […]
Tag: PSSLAI
PSSLAI Statement on 60-day loan payment grace period
The Public Safety Savings and Loan Association, Inc (PSSLAI) published a statement on its website regarding the 60-day grace period on loan payments as mandated by RA 11494 or the Bayanihan 2 law.
Uloan: PSSLAI’s newest loan package at 9% pa
As public safety officers, we are paid by the government a monthly salary for the services that we’ve rendered. That is usually enough for our usual financial needs. However, there will come a time when we would be needing a larger sum of money. Be it for an emergency, as an initial capital for your […]