How to check SSS Loan Eligibility online

The Social Security System has issued Circular No.2012-018 which amends the existing guidelines for the SSS Short-Term Member Loans. It was clearly stated that SSS members who have paid up at least fifty percent (50%) of their existing Short-Term loans and have completed at least 50% of the loan term may already avail a renewal. But make sure that your latest loan amortization that will complete your 50% payment has been posted to your SSS account.

In this article I will show you how to check your loan eligibility through your online SSS account. Here are the steps.

Step 1: Go to the SSS Website at www.sss.gov.ph log in to your account using your User ID and Password under Member Log-in then click Submit. If in any case you forgot your username or password, you can read my other tutorial on How to recover SSS Online Account “Forgot Username and Password”.

Step 2: Under “E-SERVICES” menu, click “Inquiry”

Step 3: If you are using unsupported browsers (Mozilla Firefox, Google Chrome), you will see this pop up advisory. Click “View Instructions” and follow the instructions given depending on the browser you are using. If you can’t follow the instruction, use Internet Explorer.

Step 4: After you successfully logged in to your account, you will be redirected to the “Employee Static Information” page, click on “Eligibility” link then select “Loan”.

Step 5: Supply your Employer ID number, then click submit or if you are Self-Employed or Voluntary member tick the check box.

Step 6: That’s it; you can now check your loan eligibility. In my case, I have not yet paid at least half of my loan. But still the system will tell you the renewal date.

According to SSS even if you have paid your latest amortization, but it has not been remitted yet by your employer to SSS, or it has not been posted yet to your SSS account, then you cannot renew your loan.

Finally, concerning the proceeds of renewal loan is any amount greater than or equal to zero as long as the outstanding balance on the previous loan is deducted.

I hope this article serves a little help, particularly for beginners online.

Disclaimer: I am not affiliated with Social Security System (SSS), I am also a member and I make this tutorial from my experience only which I want to share with you to help other members who don’t know the procedure how to check SSS Loan renewal on the SSS Website.

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