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Types of Loans Available in Philippines

The Philippine lending sector in the years that cash loans started to become popular have made a careful study of the existing circumstances of Filipino borrowers. The Philippines has quite a reasonable number of citizens living a very diverse way of life, looking for immediate cash to fund immediate and unexpected expenses.

(APR) Annual Percentage Rate: What You Should Know

APR or Annual Percentage rate is the actual annual interest rate charged on loans or annual interest rate that investment earns. In theory, this is the actual numeric percentage representation of the interest that funds earn in a year, on loans is the interest of the principal owed and on investment the interest the investment earns.