Pangasinan bans pawning 4Ps docs as loan collateral “Punishes loan sharks taking in 4Ps docs”

Art Dumlao — December 2, 2024

Pangasinan bans pawning 4Ps docs as loan collateral

“Punishes loan sharks taking in 4Ps docs”

BAGUIO CITY (November 29, 2024) -- The Sangguniang Panlalawigan of Pangasinan is banning the practice of pledging Pantawid Pamilyang Pilipino Program or 4Ps Cash Cards as loan collateral.

 

Provincial Ordinance No. 331-2024 also punishes individuals, groups, business establishments, and loan sharks to extend cash loans to accept Cash Cards and 4Ps IDs, Oath of Commitment as collateral or security for cash loan or any form of indebtedness.

 

The Ordinance also bans people to act as middle-man or runner in any pawning practice and activities related to 4Ps.

 

People are also barred from collecting service fee or any other form of collection attributed to Cash Cards, 4Ps IDs and Oath of Commitment.   Firms are also banned to collect interest payment from 4Ps beneficiaries.

 

Fine for violating the Ordinance is P2,000 and 5 days of imprisonment for the first offense.  A fine P3,000 and 15 days imprisonment for the second offense at the discretion of the courts and



P5,000 and 30 day-imprisonment for the third offense at the discretion of the courts.

 

 The Ordinance according to the Pangasinan SP aims to protect the welfare of 4Ps beneficiaries, ensure the proper use of government funds, and safeguard the integrity of the program, particularly with regard to children's rights to health and education.

Time to Pass the Torch: Why Political Comebacks Are Not the Answer

Time to Pass the Torch: Why Political Comebacks Are Not the Answer

By Malou Laxamana Pascual • May 5, 2025
As the May 12 election nears, a quiet but growing movement is making itself heard in Baguio City. It does not come from the traditional campaign stage or the usual political dynasties. It is not funded by machinery or driven by name recall. It comes from the ground, from the young, and from those who are tired of the cycle. Tired of the same names, the same faces, the same families. Tired of watching opportunity slip away as public service is reduced to a personal brand.
ASEAN bloc called on to protect journalists, media freedom

ASEAN bloc called on to protect journalists, media freedom

By Art Dumlao • May 4, 2025
ASEAN bloc called on to protect journalists, media freedom
Abra lawmaker tops RPMD Foundation’s job performance assessment

Abra lawmaker tops RPMD Foundation’s job performance assessment

By Art Dumlao • May 3, 2025
Abra lawmaker Menchie Bernos bested five of her Cordillera congressmen-colleagues at the most recent job performance assessment ‘Boses ng Bayan' by RPMD Foundation Inc. (RPMD).