Pag-IBIG Fund sets up offsite center in Lingayen for MPL borrowers
THE Home Development Mutual Fund or Pag-IBIG Fund has opened an offsite center at the conference hall of Kalantiao Building, Capitol Compound in Lingayen to serve Pangasinenses who want to avail of the multi-purpose loan (MPL) program.
Aside from receiving MPL applications, the center, open from 9 a.m. to 4 p.m. since May 21, also serves as a distribution point for cash cards released by the Land Bank of the Philippines.
Pag-IBIG Information Officer Annaliza Natavio said the offsite servicing aims to reach out to busy members who can’t go to the Pag-IBIG Fund’s office in Dagupan City.
The MPL program is tagged by Pag-IBIG as an “anti-depressed loan” as members could use the borrowed money to relieve themselves from stress at work by going on a vacation, shopping or even enrolling in a gym for workouts.
Sometimes referred to as “personal loan”, the MPL is one of two short-term loans available to Pag-IBIG Fund members. The other one is the calamity loan. (PIA-1-Pangasinan/AMM)
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