Another Win for Paper vs Plastic

As me and my family were roaming around SBMA a couple of days ago, we decided to stop by one of the stores inside to buy some necessities. I saw something that reminded me of the Paper vs plastic law









Starting January 1, 2013, SBMA will be requiring and enforcing the no plastic bag policy to help protect our environment.

As most people who have visited SBMA know, these guys are serious about what they do.

Traffic rules are strictly enforced in their area. Be aware of the 1st stop, 1st go policy.

Want to know more about the Paper vs plastic campaign? Read more here.

Updated Truth in Lending Act or Republic Act 3765 passed in 1963

The Bangko Sentral ng Pilipinas recently approved the updating of the Truth in Lending act or Republic Act 3765.




What does this mean? Basically, it protects those that have loans from banks of credit cards from from misleading interest rates from our loan providers.

BSP Governor Amando M. Tetangco Jr. and the board have approved the updates last July 7, 2012.




For more information:

http://www.rbap.org/2012/04/updated-rules-implementing-the-truth-in-lending-act/

http://www.abs-cbnnews.com/business/07/25/11/bsp-tightens-rules-loan-transparency