It’s a trap! Fines sought for banks sending pre-approved credit cards without client’s consent
(BILYONARYO) Banks might soon have to pay a six-digit fine for sending pre-approved credit cards to clients without prior consent. Senator Jinggoy Estrada wants to institutionalize an existing Bangko Sentral ng Pilipinas policy through Senate Bill 2952 or the proposed Pre-Approved Credit Card Prohibition Act, which prohibits credit card issuers from sending out these pre-approved…
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