From the category archives:
Kasalanan nang subprime mortgages CREDIT RATING Well, let’s start our discussion with credit ratings. Here in the US, there are three major credit rating agencies – Experian, Trans-union at Equifax. So, when you apply for credit, companies look into your credit report and check your credit ratings. Yong ratings mo is directly affecting the interest rate [...]
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Children, to understand if the Philippine peso is gaining some strength, first we have to review our Economics 101. Let’s re-learn our basic. Our PESO becomes valuable because the DEMAND for the peso is greater than the available supply. Am sure everybody knows about supply and demand, korek? When does our peso becomes valuable? Two [...]
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Hmppppttt!!! If there is ever something in this news that I am excited about, it’s the news that finally there will be a centralized credit bureau in the Philippines. It’s about time! But then again, given Pinoy’s unbelievable ability to tweak things, our beyond the world ability to be creative taking cue from all our [...]
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Here we are again. The continued rise of peso! What does it mean to us Pinoys? Back in October of 2006, I reposted an entry I wrote several months back. I was asked by Chuva and several others to explain what’s the effect of the rising peso? Here’s an excerpt of what I wrote: “… [...]
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Ok, I am reposting this one kasi I got 3 separate emails asking me to explain further kung ano ang epekto nitong rising peso. BTW, rising peso po, ang ibig sabihin, yong piso natin eh lumiliit ang palit hindi po yong dumarami. I know, nakakalito. Pero, heto po uli yong post ko… Ganito yon. Consider this [...]
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