BSP eyes flexible repayment terms for salary-based personal loans
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Source: The Manila Times
Published: 2026-04-09 11:09 UTC+10:00
Section: General
Factuality Score: 100
Opinion Category: Neutral
Topics: Philippines, Labour & Workers, Tax & Budget, Business & Economy, Asia Pacific
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Snippet:
MANILA, Philippines — The Bangko Sentral ng Pilipinas (BSP) is proposing more flexible repayment terms for salary-based personal loans, shifting to a principles-based approach that would allow lenders to determine loan tenors based on borrowers’ creditworthiness to help ease debt-servicing burdens.
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