More articles about: debt

Whether for needs, emergencies, or guilty pleasures, credit cards have long been our spending companion. The modern borrowing tool dates back to the late 19th century, though it wasn't until the 1950s when it took off. And it's clear that ...

For those who love exploring countries through food, this new credit card is for you. HSBC Philippines has recently launched a new Visa credit card packed with lifestyle perks for the internationally-minded consumers. Called HSBC Live+, its benefits include cash backs ...

More often than not, the younger population has little to no access to banking services due to their limited credit history and the stringent requirements of financial institutions in the Philippines. Yet, quite surprisingly, this age group is the most financially literate ...

Atome Financial, a leading financial technology platform in Southeast Asia, has secured a new loan facility from Singapore-headquartered EvolutionX Debt Capital. The investment, which hopes to raise an additional $100 million through a syndicate of investors, has a three-year term. ...

Zed, a credit-led financial technology company which has been on a sanctioned pilot for the last six months, has finally secured its license from the Bangko Sentral ng Pilipinas (BSP). This makes the company the first neobank to offer credit cards ...

There's nothing surprising about seeing people shifting to digital lending platforms when applying for credit cards is just too much work. (And the chance of getting approved is not so high either.) This is especially true in the Philippines, where most ...

The Land Bank of the Philippines (LandBank) is looking at entering the debt market again to raise as much as P50 billion, banking on the expected drop in interest rates in the last quarter of the year. If successful, this would be ...

Robert Kiyosaki, the bestselling author of modern financial literacy classic Rich Dad, Poor Dad, admits that he is $1.2 billion (about P66.7 billion) in debt, but the way he explains it is making some people think that that's not ...

The Philippines' next president is going to have a lot of their plate in terms of our outstanding debt obligations. A lot.In March, the national government's outstanding debt swelled to P12.68 trillion. Our domestic debt market accounts for a ...

The Philippine government's outstanding debt is now at a cool P8.6 trillion as of April 2020, up by 10.4 percent from the P7.8 trillion during the same period last year. According to Businesmirror, latest data from the Bureau ...

The Securities and Exchange Commission (SEC) is cracking down on lending and financing companies who engage in harassment and unethical practices to collect debts from their clients. The agency said it is taking action following numerous complaints against these companies as well ...