First time here? Checkout the FAQ!
Welcome to First time here? Dont know where to go? Let me guide you. Searching for something or try to start by asking a new question, answering unanswered questions or join the Filipino community.
0 votes

2 Answers

0 votes
by (51.5k points)
Passbook Loan is a personal loan extended to a savings-account holder by the custodial bank. Passbook loans use the balance of the savings account as collateral for the loan. The amount of the loan therefore cannot exceed the savings-account balance.
0 votes

Guys, if you need a quick loan in the Philippines, then I will tell you the most profitable and wonderful solution in this matter. Just go to the site and here you can find very useful information on how to apply for a loan online, apply, and solve all your questions directly with a consultant.