Credit Card Consumer Protection Rules

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BSP CIRCULAR NO. 702, S. 2010: Credit Card Consumer Protection Rules

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Title Supreme Court: Credit Card Consumer Protection Rules

Law: Bsp Circular No. 702, S. 2010

Decision Date: Dec 15, 2010

BSP Circular No. 702 mandates stricter consumer protection regulations for credit card operations, prohibiting pre-approved credit cards, requiring thorough credit assessments, and enforcing clear disclosure of fees and penalties to cardholders.

consumer protection

credit card

banking regulations

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