Page 48 - வங்கியாளர்கள் சங்கம் ஆஃப் தி பிலிப்பைன்ஸ் News Today : Breaking News, Live Updates & Top Stories | Vimarsana

The ongoing health crisis has caused immense economic changes for Filipinos, affecting their livelihoods and finances in the process. Months of lockdown amid the threat of a coronavirus has made it harder to achieve financial stability, which in effect, has increased credit card delinquency in the country.  Credit card delinquency occurs when a cardholder has a poor payment history, and frequently pays bills after the due date. The credit lines of delinquent cardholders are also often fully utilized, which may be a reflection of a very tight cash flow.  (Bloomberg file photo) Photographer: Simon Dawson  As of September 2020, the credit card delinquency rate jumped to 11.5 percent, which is more than two and a half times the level last year.

The philippinesSimon dawsonAlex ilaganBankers association of the philippinesCredit information corporationCredit card association of the philippinesCredit management association of the philippinesCard associationBalance transferBalance conversionManagement associationBankers associationதி பிலிப்பைன்ஸ்சிமோன் டாசன்வங்கியாளர்கள் சங்கம் ஆஃப் தி பிலிப்பைன்ஸ்கடன் தகவல் நிறுவனம்