Can I pre-terminate my loan?

Can I pre-terminate my loan?

Loan pre-termination is not allowed with GWC SweldoNa. Loan pre-termination is only allowed if the employee's contact is terminated for whatever reason. Pre-termination fees shall apply. 5% of the remaining principal amount (only applies to employees with existing loan but their contract with the family has been terminated for whatever reason)

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      Yes, however there's a fee for pre-terminating the loan. It shall be 5% of the remaining unpaid principal.

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      You have options for the payment term for your salary advance loan. 3mos, 6mos, 9mos, 12mos

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      Regular Employee of a GWC partner company who has rendered at least 6 months with the company is eligible to avail the loan. At least 21 years old, and must not be more than 60 years old upon loan maturity An employee of SweldoNa-accredited companies ...

    • How Do I renew my loan?

      To renew your loan, you need to pay your previous loan in full.