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OFW credit line pushed in Congress

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BACOOR CITY, Cavite: Cavite Second District Rep. Lani Mercado-Revilla pushed for the establishment of a Credit Assistance Program for Overseas Filipino Workers (OFWs) through House Bill (HB) 3378.

The bill seeks to protect especially those who are new hires from indebtedness and loan sharks before they leave the country in search of a better life.

The usual plight of an OFW is to resort to borrowing or a salary deduction scheme due to the high cost of recruitment and placement fees. The reality is many are vulnerable to illegal recruitment, contract and visa deception.

Read the full article here: https://www.manilatimes.net/2022/10/15/news/regions/ofw-credit-line-pushed-in-congress/1862288

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