Global information company TransUnion, announced the signing of a memorandum of agreement (MoA) with the Bangko Sentral ng Pilipinas to develop and implement a nationwide credit education module on the BSP E-Learning Academy (BELA).

Set to be available to all Filipinos as early as next year, the module marks TransUnion as the first credit reference agency in the country to collaborate with the BSP on financial education initiatives through BELA to promote financial literacy.

The interactive e-learning module, “Understanding and Managing Your Credit Score,” will be housed on BELA — an online learning management system designed to educate Filipinos on financial literacy in the digital age. The course is interactive, featuring engaging slides, scenario-based exercises and video materials to empower Filipinos of all ages with the necessary knowledge to responsibly navigate the credit ecosystem.

Resource for financial empowerment

This collaboration represents a significant milestone in TransUnion’s ongoing commitment to advancing financial literacy and financial inclusion in the country.

It directly responds to the strong consumer demand for financial education, as data from TransUnion’s 2025 Credit Perception Index (CPI) showed that 68 percent of Filipinos aim to access more educational materials to improve their finances.

With additional CPI data indicating that social media is the preferred channel for three in every five Filipinos (60 percent), complementary e-learning materials will also be shared on TransUnion’s social media platforms to engage broader Filipinos through multiple touchpoints.

“TransUnion believes that access to credit begins with access to credit knowledge. This partnership with the BSP is a monumental step forward in our shared mission to champion financial literacy and financial inclusion across the nation,” Peter Faulhaber, president and CEO, TransUnion Philippines, said.

“By introducing this interactive e-learning module on the BELA platform, we are empowering Filipinos with insights needed to build and maintain a healthy credit profile — unlocking better financial opportunities and establishing a strong foundation for a more financially resilient population, in line with the Philippines’ national goal of achieving upper-middle-income status.”