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GSIS service loans can be merged under single account

MANILA - Active members of the Government Service Insurance System (GSIS) with outstanding loan obligations can consolidate all their service loans into a single loan account called Multi-Purpose Loan (MPL) Plus. National Capital Region Operations Group vice president Rodrigo Manuel announced Monday that MPL Plus gives members the chance to restructure their "in-default" or "in-arrears" loan accounts. "So dahil po dito, ay mababayaran sa abot-kayang halaga ang loan po ng atin pong member (Because of this, the loans of our members can be paid in an affordable value)," he said during the "Laging Handa" public briefing. Manuel pointed out that GSIS members without outstanding loan obligations but need to increase their credit line, can also enjoy MPL Plus, which offers lower interest rates and longer payment terms. "Ang (The) maximum loanable amount ay (is) up to 14 times ng (of) basic monthly salary ng isang miyembro (of a member). Ngunit hind

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