Consumer Assistance Mechanism

Most often your problem/s with a BSFI can best be addressed by its particular section or department where the issue or Most often your problem/s with a BSFI can best be addressed by its particular section or department where the issue or...

By | 2017-10-02T16:03:14+00:00 September 22nd, 2017|Advisory|0 Comments

PERA Frequently Asked Questions

PERA is short for Personal Equity and Retirement Account under Republic Act No. 9505. It refers to a voluntary retirement account PERA is short for Personal Equity and Retirement Account under Republic Act No. 9505. It refers to a voluntary retirement account...

By | 2017-10-02T16:04:36+00:00 September 22nd, 2017|Advisory|0 Comments

Watch Out for Fraud and Scams

Fraud is an act, expression, omission or concealment that deceives another to the fraudster's advantage while scams are fraudulent Fraud is an act, expression, omission or concealment that deceives another to the fraudster's advantage while scams are fraudulent...

By | 2017-10-02T16:05:42+00:00 September 22nd, 2017|Advisory|0 Comments

Shopping for the Right Bank Account

Be fully aware of the terms and conditions that govern the deposit account. Request the bank personnel to explain unclear provisions of the deposit agreement. Never sign a document that you do not understand or agree to.

By | 2017-10-02T16:12:11+00:00 May 24th, 2017|Advisory|Comments Off on Shopping for the Right Bank Account

Power of Compounding

For a wise saver, compound interest can be used to make a significant sum of money over time. Let's see how it works. Compound interest is  the interest calculated on the sum of the principal of a deposit and the interest it earned. Thus, it is an interest on interest.  

By | 2017-10-02T15:23:57+00:00 May 24th, 2017|Advisory|Comments Off on Power of Compounding