From Project-Syndicate By JOSÉ ANTONIO OCAMPO and KEVIN P. GALLAGHER October 6, 2014 NEW YORK – As...
Truth in Lending Act No. 3765
(enacted in 1963)
Truth in Lending Act No. 3765 of 1963 requires creditors in the Philippines to furnish their borrowers with clear written statements regarding the amount, interest and other finance charges related to borrowersâ loans prior to the consummation of transactions with borrowers.