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Credit Card Debt in the Philippines: 6 Things That You Can Do

 

According to the latest report from Roshi Pte Ltd, the Philippines’ credit card debt has reached what they call a critical risk level. More and more Filipinos are missing credit card payments, and the total amount of unpaid debt is rising fast.

COLFinancial Lowers Sales Tax from 0.6% to 0.1%: What This Means for Retail Investors Like Us

 

There’s good news for small investors like you and me. Starting July 1, 2025, COLFinancial will lower the sales tax on stock transactions from 0.6% to 0.1%. This change comes after the approval of Republic Act No. 12214, or the Capital Markets Efficiency Promotion Act.

8 Common Financial Pranks Filipinos Should Stop Doing

 

April Fools’ Day is all about harmless pranks and jokes, but when it comes to money, falling for financial myths is no laughing matter.

Social Security System (SSS) Contribution Calculator for Employers and Employees 2025 Philippines

 

Effective January 2025 the employee SSS contribution will increase. The lowest contribution amount will be Php250 (previously Php180) and the ceiling will be Php1000 (previously Php900).

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