ALL BLOG POSTS

Feb 151 min read

20.2%

Banks reported a 20.2% growth in their interest collections in 2023. Here's why.

Jul 3, 20232 min read

Dear banks...

Here's an open letter to banks in the Philippines. If you work for the loans department of a bank, you may want to read this...

Feb 27, 20232 min read

Expect RPT to Increase...SOON

The DOF presented its Real Property Valuation Reform (RPVAR) plan in an event in Cebu last February 25, 2023.

Feb 17, 20231 min read

Another Rate Hike

On February 16, the BSP raised key interest rates by another 50 basis points (0.5%) after January recorded an inflation rate of 8.7%.

Feb 7, 20232 min read

Problems with Bank-Fin

Bank-Financed purchases, what can go wrong? Here, I'll discuss two of the most common problems when it comes to bank-financed purchases.

Feb 6, 20232 min read

Bank-Financed Purchases

Here's a short explanation of how bank-financed purchases work in the country. (I thought of making something I could forward whenever...

Jul 5, 20221 min read

Mortgaged Property

During the height of the pandemic, a buyer purchased a property that was mortgaged with a local bank.

Apr 21, 20221 min read

"Of legal age"

Is the wording “of legal age” necessary when it’s already indicated that the owner is married–and no one below 18 can be married?

Mar 31, 20222 min read

Co-Signer vs. Co-Maker

When applying for a bank loan, what's the difference between a co-signer and a co-maker?