Guidelines on Salary-Based Consumption Loans

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Title Supreme Court: Guidelines on Salary-Based Consumption Loans

Law: Bsp Circular No. 886

Decision Date: Sep 8, 2015

BSP Circular No. 886 establishes guidelines for salary-based general-purpose consumption loans, promoting responsible lending practices and consumer protection while allowing individuals to access unsecured loans for various personal needs based on their regular income.

salary

based loans

consumer lending

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