
Strict application of debt payments
[Inquirer.net] - 01/27/2025
A recent decision of the Supreme Court in “Premiere Development Bank vs. Spouses Engracia and Lourdes Castañeda” gave clarity to a provision that is standard in loan or credit agreements with banks. By way of background, the bank applied a payment made by the Castañedas to their personal loan (…)
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