Las Pinas Rep. Mark A. Villar recently filed the House Bill No. 4782 or the Prepaid Load Protection Act of 2014 which aims to prohibit expiration dates on prepaid loads.
Under Prepaid Load Protection Act of 2014, telcos will not be allowed to impose an expiration period on the validity of unused prepaid call and text cards. Forfeiture of load credits stored on an active prepaid phone account via prepaid call and text card or electronic transfer will be also considered unlawful.
In addition, the act will also give a prepaid subscriber the right to demand a refund in the event that his load credits were forfeited without any valid cause.
Villar said that bills protecting consumers against unfair practices of telecommunications companies should be prioritized in both the Senate and the House of Representatives.
“Every Filipino deserves protection as a consumer, and the passing of this bill allows each citizen to get the right value of their hard earned money,” Villar said.