Vince Rapisura 2255: Penalty kapag hindi nakapagbayad sa SSS consolidated loan program
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00:00.0
Pag titignan natin dito, we have an example of an amortization schedule.
00:04.3
Ito yung amortization ni Diego.
00:10.1
Ito yung amortization ni Diego, 32,203 yung tirang balance.
00:16.3
Ang amortization niya ay 1,486.
00:20.9
Ang 268 ang interest at 1,218 ang principal.
00:27.6
Pag in-add mo ito, yan yung amortization, yan yung monthly niya for 24 months.
00:36.2
Sa penalty natin, yung loan amortization na hindi na-remit on due date
00:44.6
shall bear a penalty of 1% per month until the loan is fully repaid.
00:51.9
So dito sa repayment natin dyan, kunwari nakapagbayad ng first month itong si Diego
01:02.7
tapos sa second month nakapagbayad ulit siya.
01:05.6
Pero sa third month, either nagpasaway na naman si Diego
01:09.5
or mayroon talagang problema si Diego sa pagbabayad.
01:16.0
So third month, fourth month, fifth, sixth, seventh, nako hindi na naman siya nakapagbayad.
01:20.8
So anong mangyayari kapag ganyan? Papatawan po ng penalty.
01:25.3
So ito po yung calculation natin sa penalty.
01:29.0
So yung 1,486 na previous niya, yung due niya for the month, makukumputan niya ng penalty.
01:37.6
So yan plus yan, 1,501 na yung for the previous month.
01:45.2
Tapos yung due this month, yung 1,486, 2,987.
01:50.1
So sunod na buwan, hindi na naman siya nakapagbayad, yun yung previous na balance niya.
01:56.2
So transfer lang natin dito.
01:58.6
Yung penalty ngayon ay maibabase na dito, diba nadagdag na yung 15 dito?
02:05.5
So ibig sabihin yung penalty niya dyan, nakipenalty pa.
02:08.6
So patong patong na talaga.
02:10.9
So 3,017 plus yung due niya for the month, 1,486.
02:15.3
So ipagpapatuloy yan, so yung month 9 niya, 12,313 na yung due ni Diego including ng penalty.
02:25.8
Kasi hindi na naman siya nakakapagbayad.
02:28.9
But wait, there's more.
02:31.4
So tignan natin ano ba yung but wait there's more dito.
02:34.7
Kasi may conditional po yung condonation.
02:38.1
Kapag nabayaran natin in full yung one-time payment natin, wala nang problema yun.
02:44.9
Dito usually nagkakaproblema sa installment plan.
02:48.8
So upon payment of the required down payment within the approved period,
02:53.0
the penalty proportionate to the percentage of the down payment shall be condoned.
02:57.0
Ibig sabihin ay yung penalty nandyan pa rin na balaki condoned.
03:03.2
Kaya nakalagay kanina sa table natin for condonation.
03:06.0
Kung ano yung porsyento na nabayaran mo na natapos mo doon sa principal,
03:10.6
yun din lang yung porsyento na tatanggalin doon sa iko-condoned na penalty.
03:15.6
The moment na hindi ka makapagbayad,
03:19.4
the remaining amount of penalty shall be fully condoned
03:22.5
after full payment of the outstanding consolidated loan
03:25.4
within the approved terms and conditions.
03:28.2
Ibig sabihin yan kapag hindi mo nabayaran on time,
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magiging due and demandable yung condoned na portion ng ating penalty.
03:37.0
So tignan natin ulit dito. So ito yung 11,978 na yan na for condonation dapat
03:46.6
ay hindi siya makocondone kapag tayo ay hindi nagbayad on time.
03:54.0
So kung titignan natin dito, 11,978 x 10% is 1,197. Yan yung penalty na na-condoned from the down payment.
04:09.4
So yung 11,000 minus 1,197, yung 10,781 na yan,
04:15.5
iko-condoned siya upon full payment mo noong loan mo sa SSS.
04:22.6
So kunwari ay nagkaroon ka ng past due, 50% lang yung nabayaran mo na.
04:31.7
So kukunin din lang nila yung 50% nito, yung 50% na remaining ay kailangan na bayaran mo pa rin yun.
04:41.4
So yun yung ano natin dyan.
04:46.1
So kung mag-default ulit si Diego, babayaran din niya ang natitirang uncondoned penalty.
04:53.0
So yan po yung lesson natin dyan.
04:55.0
So kung one time payment term naman ang ating napagkwalifayan o nagbayad tayo,
05:00.9
100% na agad ng consolidated penalty ay condoned na
05:05.1
kapag na-full payment mo na siya within 30 days after the notice of approval.
05:10.2
The balance of the consolidated loan should be zero at the end of the term
05:14.6
or else considered as default na naman yung loan mo.
05:18.6
Ito na yun, ang condoned portion of the penalty shall be reimposed and shall become due and demandable.
05:24.2
Napakasakit kuya Eddie.
05:26.2
So ano ba yung default na tinatawag?
05:29.4
Ang default is failure to pay in full the agreed one time payment or down payment within the approved period.
05:37.2
So kapag one time payment tayo, kapag hindi ka nakapagbayo within 30 days, default ka na agad.
05:42.2
Or non-payment of obligation equivalent to more than 6 months accumulated monthly amortization.
05:49.2
So accumulated na 6 months equivalent ng amortization mo,
05:53.8
ano, 6 na beses ka na nakaliban equivalent, ikaw ay considered na in default.
05:59.4
So failure to pay in full the installment plan within the approval term
06:04.2
and default din kapag you've committed any fraudulent acts
06:09.2
against or in violation of any of the regulations and guidelines ng SSS
06:15.0
at yung full amount of the defaulted consolidated loan including the uncondoned portion of the penalty
06:21.2
shall become due and demandable.
06:23.2
Ayun yung ibig sabihin ng pag-default.
06:25.2
Hindi na aantayin na matapos yung maturity ng loan.
06:28.4
Kapag default ka na, due and demandable na lahat yan.
06:32.1
Principal, interest, penalty plus dito sa case natin na ito, yung uncondoned portion of your penalty
06:41.3
from your old loans. Ipapataw po ulit sa iyo yung mga yun.
06:46.2
So for example dito kay Diego, yung amount due for month 9, ito na yung due and demandable.
06:53.0
Agad-agad, now na. Kasi hindi ka nakakapagbayad, in default ka na 12,313.
07:00.3
Okay? So kung titignan natin dito, ito yung repayment ni Diego for month 9.
07:07.4
So yung ano, pag titignan natin, ito yung nalibanan niya na 6 o 7, 1, 2, 3, 4, 5, 6, 7, nakakapito na siya.
07:19.5
So 12,303 yun with the penalties.
07:23.5
Tapos kung titignan natin, mayroon pang natitira ng mga balance kasi 20,872 pa yung balance ng principal na yun.
07:35.6
So ia-add natin yun ngayon lahat.
07:39.7
So yung remaining balance na 20,872, amount due noong month 9 na 12,313 plus i-reimpose ulit yung penalty na 10,781
07:55.6
so ang due and demandable ay 43,966 lahat in total.
08:01.2
Ang reapplication, kung pwede naman tayong mag-apply ulit, allowed ito na mag-reapply tayo to continuously enjoy the waiver of penalty
08:10.2
subject to the applicable sanctions on loan renewal.
08:13.3
And in case of reapplication, the defaulted account shall be closed and a new consolidated loan account shall be set up
08:20.0
para hindi ka maraming mga iniisip. Okay?
08:22.8
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08:30.6
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08:34.6
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