Mocasa, a company that offers credit payment services, is now an authorized Accessing Entity (AE) of the Credit Information Corp. (CIC). Through this collaboration, Mocasa aims to revolutionize the financial services industry […]
A study by TransUnion, a global information and insights company, showed that Credit Perception Index (CPI) in the Philippines currently stands at 65 out of 100. The TransUnion CPI for the Philippines […]
Against the backdrop of rising prices of basic goods, Filipinos are still optimistic about their household income, according to the latest Consumer Pulse Study of TransUnion. The majority of Filipinos surveyed (80%) […]
TransUnion’s Consumer Pulse Study for the third quarter of 2022 (Q3 2022) shows how Filipinos are responding to inflation and possible global recession. From the 1,013 Filipino adults surved from Aug. 19 […]
Citi, the largest foreign bank in the Philippines in terms of asset base, has expanded its joint social finance program with Home Credit by increasing its credit facility to P820 million, up […]
Consumer financing firm Home Credit Philippines has, so far, served almost 9 million customers in the country and the new suite of services and partnerships are aimed at increasing the number in […]
More than half or 56% of Filipinos reported setting aside their money as an emergency fund, according to the TransUnion Consumer Pulse Study for the second quarter of 2022. With rising prices, […]
High monthly payment is among the top reasons Filipino consumers reject credit offers. This is one of the findings in credit and insights company TransUnion’s latest study on financial inclusion. In the […]
Consumer finance provider Home Credit Philippines has signed a P 7-billion two-year credit facility with Aboitiz-led universal bank, Union Bank of the Philippines (UnionBank). This agreement will allow Home Credit Philippines to […]
In the last quarter of 2021, fewer Filipino households (59%) reported a current decrease in income due to the pandemic compared to the previous quarter’s 64%. This is one of the major […]
Keeping your physical and mental health in check during the COVID-19 pandemic is crucial, but global information and insights provider TransUnion emphasizes that financial health must not be set aside. For most […]
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