EPISODE 126: The Loan Interest Trap

<p>While lenders and borrowers in a loan agreement may adjust stipulated interest rates, how can borrowers determine when interest charges on loans are no longer reasonable and fair?</p><p><br></p><p>Listen to the #SupremeCourtPH Podcast with guest Atty. Reinier Paul R. Yebra, an examiner in Commercial and Taxation Laws during the 2023 Bar examinations. A graduate and class valedictorian of the San Beda University College of Law in 2009, he also topped the Bar Examinations that same year. He served as Undersecretary for Legal Affairs of the Department of Transportation from 2017 to 2024 and as Acting Deputy Director in the Bangko Sentral ng Pilipinas from 2011 to 2017. He is also a law professor and a Bar reviewer.</p><p><br></p><p>Supreme Court Chief Communications Officer Atty. Mike Navallo and Atty. Yebra discuss loans and their corresponding interest rates within the context of the case of Manila Credit Corp. v. Viroomal, G.R. No. 258526. This Decision was penned by then Associate Justice Mario V. Lopez and promulgated by the Supreme Court Second Division on January 11, 2023.</p><p><br></p>