Legal Insights

Plain-language guides and case briefs on Philippine law — researched from the firm's law library of 184,000+ statutes, Supreme Court decisions, and agency issuances, and written so non-lawyers can understand and act on them.

Showing 1–3 of 3 articles for “loan interest rates”

Sort:Newest Oldest

Dec 9, 2019 unconscionable interest loan agreements foreclosure civil law borrowers rights legal interest

Unconscionable Interest Rates: When 5% Monthly Loan Interest Is Void in the Philippines

Philippine courts void unconscionable loan interest rates even if borrowers agreed to them. Learn the rules, the legal interest substitute, and foreclosure effects.

Jul 2, 2018 civil-law interest-rates unconscionable-interest attorney-fees loan-obligations foreclosure

Taming Unconscionable Interest: Reassessing Loan Obligations and Attorney's Fees in Philippine Law

The Supreme Court clarifies how courts temper unconscionable loan interest rates and when attorney's fees may be awarded in foreclosure cases.

Aug 13, 2008 unconscionable interest loan interest rates usury law borrower protection civil law supreme court ruling

Unconscionable Interest Rates: Protecting Borrowers From Excessive Loan Costs

The Supreme Court affirms that monthly interest rates of 5% to 7% are unconscionable and may be reduced to 12% per annum.