Sunday, April 12, 2026
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Tag: interest rate cap

SEC cuts loan interest rate cap to 12%

The Securities and Exchange Commission (SEC) has lowered the effective interest rate cap to 12 percent per month on small loans effective April 1,...

SEC to cap lending rates to protect consumers

The Securities and Exchange Commission (SEC) is finalizing new rules to impose stricter caps on interest rates and fees charged by lending and financing...

BSP retains interest rate cap of 2% on credit cards

The Monetary Board, the policy-making body of the Bangko Sentral ng Pilipinas, said Tuesday it maintained the interest rate cap on credit card transactions...
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