The pandemic and recent natural calamities proposed a lot of risks not only to our health and safety but also to our finances. A lot of Filipino families aren’t prepared for the sudden lockdown which resulted in the ceasing of most business operations, tight budget, and even zero savings. Fortunately, the national government provided financial help to many families through their social amelioration programs. Though it may not seem that much, it became a big help for families to survive and supply their basic needs immediately. In line with this, financial institutions such as banks and non-stock savings and loan associations also extended their help by offering loan products and adjusting their loan conditions. However, for first-time borrowers, it’s challenging to choose the right institution for their financial needs. One wrong move and you may be caught up between high-interest rates and complicated payment terms. Thus, to avoid those unwanted circumstances, we highly recommend y