DepEd Appealed to GSIS on Issues with Undeducted Outstanding Loans

deped issues on undeducted loans

Statement on DepEd’s coordination with GSIS on undeducted outstanding loans The Department of Education (DepEd) would like to assure its teaching and non-teaching personnel that the agency is taking steps to address the problem of undeducted Government Service Insurance Service- GSIS loans that reportedly resulted in the imposition of penalties, surcharges, and compounded accrued interest. As the Department understands the difficulty being faced by affected member-borrowers who truly want to pay and reduce their loans, it has made an appeal to GSIS to reconsider the payment of their outstanding loans…