How we applied for credit salary loan at DBP as a government employee
While we are saving money to fund our IVF procedure, few people also suggested us to try applying for a loan. I'm too hesitant to the idea since we are also paying for our bills. I'm afraid that we won't be able to save due to lots of expenses. Yet, we want to have the procedure done this year and so we tried to grab the opportunity for the loan application. As a government employee, my husband can loan at state-run banks like Landbank of the Philippines (LBP) and Development Bank of the Philippines (DBP) and government-owned and controlled corporations like the Government Service Insurance System (GSIS). He was told by their Human Resource personnel that DBP offers a credit salary loan (salary deduction) which can be approved as fast as five days (as what DBP promised on its website). The bank can also provide the whole amount needed which is a good thing especially when you need the money asap. Here's the process of how my husband applied for the loan at DBP