Monthly Archives: April 2020

GSIS increases emergency loan amount to P40K

MANILA – Government employees can now benefit from Government Service Insurance System (GSIS) emergency loans up to PHP 40,000. During the #Laging Handa PH briefing broadcast on state broadcaster PTV, GSIS chairman Rolando Macasaet said the agency’s board decided to increase the loanable amount after noting that some of those who requested emergency loans had […]

Amount of PPP loan conditions for legalized fraud

Through Pete vegas April 20, 2020 6:45 p.m. ET Photo: Elise Amendola / Associated Press I own a food manufacturing company with over 200 employees that recently secured a $ 3.4 million loan through the Small Business Administration. From what I have observed, the paycheck protection program is completely flawed and will work as an […]

What is the maximum student loan amount that you can borrow?

April 14, 2020March 31, 2021Pay for collegeFeatured, Student Loans932Susan shain Updated April 14, 2020 When it comes to borrowing for college, federal student loans should generally be your first stop. But you can only borrow a limited amount, since the federal government has a maximum student loan amount of $ 31,000 for dependent undergraduates and […]

Treasury makes coronavirus loan terms less favorable for small businesses

Steven Mnuchin, U.S. Secretary of the Treasury, speaks during a Coronavirus Task Force press conference at the White House in Washington, DC, United States, Thursday, April 2, 2020. Kevin Dietsch | Bloomberg | Getty Images The Treasury Department has changed the terms of some loans it is offering to small businesses during the coronavirus pandemic, […]

The loan amount must be repaid in full by customers who sign a relief package for principal and interest

The loan amount must be repaid in full by customers who sign a relief package for principal and interest – Minam ANZ Fiji Country Head Saud Minam has made it clear that nothing is free and that the loan amount must be paid back in full at some point by their clients who will sign […]