Archive for the 'Banking' Category



Excessive and unconscionable interest rate

Share With the suspension of the Usury Law and the removal of interest ceilings, the parties are generally free to stipulate the interest rates to be imposed on monetary obligations. As a rule, the interest rate agreed by the creditor and the debtor is binding upon them. This rule, however, is not absolute. In a [...]




Subscribe to Receive Updates

Enter your email address:

Delivered by FeedBurner


Report Dead Links

Links within a post may no longer be working. Please report these dead links to us so we could make the necessary corrections. Click here to report. Thank you.