Salary Loan Table - RNG Coastal Bank RNG Bank offers salary loan for permanent DepEd teaching and non-teaching staff thru Automatic Payroll Deduction System (APDS). Features: 📍LOW INTEREST RATE 📍LOAN AMOUNT UP TO 500,000 📍5 YEARS MAXIMUM LOAN TERM 📍NO HIDDEN CHARGES 📍NO NEED TO GO TO THE OFFICE A Bank that is built with trust and integrity and committed to provide quality and safe banking services to its existing and future clients, RNG Coastal Bank, Inc . is a banking institution established in the year 1974. The Bank has 15 operating branches in the Visayas, 11 in Cebu and 4 in Bohol. Providing various financial products and services to its clients for almost 50 years, RNG Coastal Bank remains strong and continuously grows its number of branches to reach more Filipinos. Here are the branches of RNG Coastal Bank: RNG Coastal Bank Head Office Cor. Cabancalan Road, Talamban, Cebu City 6000 Labangon Branch Punta Princesa, (Labangon) Cebu City Asturias Branch Poblacion, Asturias, Ce...
When you accept a federal student loan , you're not just receiving funds for school—you’re entering a legal agreement . Understanding your rights and responsibilities is critical to staying in good standing and making the most of your education financing. So, what document outlines all of this crucial information? Let’s dive in. 📝 The Master Promissory Note (MPN) – Your Binding Agreement The document that explains your rights and responsibilities as a federal student loan borrower is called the Master Promissory Note (MPN) . The MPN is a legally binding contract between you and the U.S. Department of Education. When you sign it, you’re promising to repay your federal student loans , including any interest and fees , according to the terms laid out. Key Elements in the MPN Include: Loan types you’re eligible for (such as Direct Subsidized , Unsubsidized , or PLUS loans ) Repayment obligations and schedules Deferment and forbearance conditions Your rights to c...