Saturday, January 29, 2022

OFW Loans

5 Important Reasons Why OFWs Need to Apply for Financial Loans

One common misconception about overseas Filipino workers is that once they start their employment abroad, they are free from debt mainly because they receive better wages, or start investing to maximize their income. Although this is true for some OFWs...

Why You Should Not Use Your Passport As Loan Collateral

If you have misused your passport privilege by using it as loan collateral, don't expect the Philippine Embassy or Consulate's Assistance to Nationals to bail you out. This is what a domestic helper, Gina, not her real name, found out...

SSS Direct Housing Loan for OFWs

Did you know that SSS members who contributed at least 36 months and are active paying members for the past 24 months before application may qualify for a housing loan of up to P2 million? Direct Housing Loan Facility for...

POEA: OFWs Must Not Use Passport As Loan Collateral

Filipinos working abroad have been advised not to use their passports as collateral for financial loans and other obligations. The Philippine Overseas Employment Administration (POEA) on Thursday made the reminder as it cited Foreign Service Circular Np. 214-99 issued on...
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Latest News

Taiwan Food Company Shows Care to Filipino Employee, Expresses Desire to Hire More Davaoenos

A leading food exporter, importer and manufacturer in Taiwan has expressed keen interest to make another visit to Davao...
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