Articles / Opinions

June 4, 2020
Relevant Provisions on Credit Card Laws

The recently promulgated law involving credit cards is Republic Act No. 10870 entitled “An Act Regulating the Philippine Credit Card Industry”. Among the notable provisions in said law is Section 21 which requires the credit card companies to inform the credit card holders of their accredited collection agencies. Said law provides that: “SEC. 21. Endorsement […] - All Rights Reserved - Copyright 2020 - FAQ
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