BSP keeps cap on credit card finance charges

Inquirer.net - Nov 13, 2026

MANILA, Philippines — The Bangko Sentral ng Pilipinas (BSP) has decided to keep the current cap on finance charges that credit card issuers can collect from borrowers, but raised the fees for installment loans and cash advances. In a statement, the BSP said the move was meant to protect consumers while providing credit card issuers more

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BSP keeps cap on credit card finance charges

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