The bill creates a mandatory holiday grace period for credit‑card and loan payments that fall between Dec 20 and Jan 3, banning late fees, penalties, and extra interest during that time, and also allows borrowers to ask for a one‑time, interest‑free extension of up to 30 days each year.
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/HB07415. Status changes over time; check the link for the latest.
HB07415 · Sources: BatasWatch
No changes since we started checking daily on Oct 4, 2026.
Status via BatasWatch (independent source)
Similar in what they’d do, filed by any lawmaker.