SSS Loan Overpayment

Duplicate Loan Posting

Duplicate Loan Posting occurs when a loan payment or amortization is recorded more than once in the SSS system. While this may sound beneficial at first glance, it often leads to inaccurate loan balances, premature closure of loans, or confusion when applying for refunds. Some members are mistakenly flagged as having overpaid when in fact the issue is incorrect posting.\n\nMembers must request a correction from SSS by submitting proof of actual payments. Once verified, SSS removes the duplicate entry and recomputes the correct loan balance.\n\nAccurate posting is essential for maintaining clean records and preventing loan-related disputes.

Also known as

  • double posting loan
  • duplicate sss loan

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