18th Congress
Senate Bill No. 2428

LOAN CAPACITY AND CREDIT SCORE IMPROVEMENT ACT

Filed on October 5, 2021 by Lapid, Manuel "Lito" M.
Download PDF icon

Long title

AN ACT CAPACITATING EMPLOYEES TO AVAIL OF LOANS AND IMPROVE CREDIT SCORES BY ENTERING INTO A SALARY DEDUCTION AGREEMENT WITH EMPLOYERS AND CREDITOR BANKS WHERE THEY MAINTAIN A PAYROLL ACCOUNT, AMENDING FOR ITS PURPOSE ARTICLE 113 OF PRESIDENTIAL DECREE NO. 442, AS AMENDED, OTHERWISE KNOWN AS ' THE LABOR CODE OF THE PHILIPPINES'

Scope

National

Legislative status

Pending in the Committee (11/8/2021)
Legislative Documents
Note
If you prefer to use a more advanced search, please use the Legislative Information System.