#credit information system act

Globe has announced that it will be ready to provide credit information of its customers to Credit Information Corp. (CIC) is a state-run agency which was created when the Republic Act 9510, also known as Credit Information System Act (CISA), was enacted into law in 2008. It is tasked primarily to collect, collate and disseminate credit information to help creditors evaluate the ability of prospective and existing customers to pay. The credit information is collected from various sources such as banks, financial institutions, insurance companies, financing companies, credit cooperatives, as well as utility companies and other businesses that extend loans. That said, Globe Telecom is complying with the government mandate and will provide credit information of its customers to the CIC. We are confident that establishment of a credit information system in the country will further enhance development of the local financial sector that, in turn, will further boost economic growth," Globe General Counsel Froilan Castelo said. The Senate has approved the People’s Freedom of Information Act, a bill that expands public access to government records beyond the Executive branch to include Congress, the Judiciary, constitutional bodies, LGUs, GOCCs, and SUCs. https://www.youtube.com/shorts/eOJx8nGi7IE How LEGO Smart Play works The Smart Play ecosystem is made up of several interconnected elements: Smart Brick - Acts as the core interactive component, featuring motion and color sensors, sound output, LED lighting, and wireless charging. Read more in our articles including "Globe to provide credit information of its customers to CIC" and "Senate passes FOI Bill (Freedom of Information Act, SB 1432)".