The bill would set nationwide limits on how much lenders can charge for interest, penalties, surcharges and other fees on credit cards and loans, require clear disclosure of all costs, and give borrowers a way to complain to the central bank.
Automated summary by BatasWatch. It may miss nuance — read the bill text before citing it.
Printed from CivicSync PH: https://civicsync-ph-gamma.vercel.app/bills/HB06980. Status changes over time; check the link for the latest.
HB06980 · Sources: BatasWatch
Similar in what they’d do, filed by any lawmaker.