Senate Bill No. 2428, 18th Congress of the Republic
Long Title
AN ACT CAPACITATING EMPLOYEES TO AVAIL OF LOANS AND IMPROVE CREDIT SCORES BY ENTERING INTO A SALARY DEDUCTION AGREEMENT WITH EMPLOYERS AND CREDITOR BANKS WHERE THEY MAINTAIN A PAYROLL ACCOUNT, AMENDING FOR ITS PURPOSE ARTICLE 113 OF PRESIDENTIAL DECREE NO. 442, AS AMENDED, OTHERWISE KNOWN AS ' THE LABOR CODE OF THE PHILIPPINES'
Short Title
LOAN CAPACITY AND CREDIT SCORE IMPROVEMENT ACT
Date filed
October 5, 2021