Term limit lift for salary loans eyed

The Bangko Sentral ng Pilipinas (BSP) is exploring the removal of term limits on salary-based loans, a move aimed at easing the debt burden for many consumers, including teachers. Under the proposed approach, banks would be allowed to tailor repayment schedules to borrowers’ financial capacity rather than adhere to fixed limits. Current BSP guidelines set […]... Keep on reading: Term limit lift for salary loans eyed