
SEC moves to lower interest rate caps and tighten enforcement
The Commission is likewise intensifying enforcement against harassment and abusive collection practices, including public shaming and unauthorized access to a…
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The Commission is likewise intensifying enforcement against harassment and abusive collection practices, including public shaming and unauthorized access to a…
· 2 MIN READ

Bank lending continued to expand in September, though at a slightly slower pace, as borrowing activity across key industries and consumer segments remained…
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Smart Communications has teamed up with fintech lending platform JuanHand to offer prepaid subscribers a 25 percent discount on select mobile load products…
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East West Banking Corporation (EastWest) posted a net income of P6.6 billion in the first nine months of 2025, driven by strong core revenue growth. The figure…
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Analysts and traders expect the bank to plough ahead with a quarter percentage-point cut, lowering its key lending rate to between 3.75 percent and 4.00…
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The Securities and Exchange Commission has warned the public against 19 online lending platforms operating illegally in the country.
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WASHINGTON, United States (AFP) — Rallies from New York to San Francisco under the “No Kings” banner on Saturday will gauge popular anger at President Donald…
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The pain doesn’t stop with federal employees; it spreads to the coffee shops, lunch counters, newsstands, mom and pop stores and even the bootblack in the…
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WASHINGTON, United States (AFP) — President Donald Trump said Saturday he had issued an order for the military to be paid next week despite the ongoing…
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The increase was largely supported by bank lending, with claims on the private sector expanding by 11.1 percent in August from 11.0 percent the previous month.
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‘This figure accounts mainly for direct costs and hence is a conservative estimate relative to the decrease, including hard-to-estimate indirect costs.’
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Up to 750,000 workers could be sent home each day and would not be paid until the shutdown was over.
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WASHINGTON, United States (AFP) — US President Donald Trump warned Thursday that a government shutdown was looming, as the White House raised the stakes in a…
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Without regulation, some borrowers previously faced crushing repayment burdens, with effective interest rates soaring to triple digits annually.
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The Bangko Sentral ng Pilipinas (BSP) clarified that the mandatory credit quota for micro, small and medium enterprises (MSMEs) under the Magna Carta has…
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‘Today’s order to shut down the plants puts an end to SIPCOR’s operations and the disruption that it has brought to the people of Siquijor.’
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On social media platforms like Facebook and Reddit, tens of thousands of borrowers daily share distressing stories of harassment by collection agents.
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The orders also apply to the companies’ owners, operators, promoters, representatives, agents, and all other persons acting on their behalf.
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