Filipinos generally have it easy when it comes to their credit history as the Philippines does not measure each banked individual’s credit scores. Though we are mandated to pay our credit bills within a specific period, we’re not rated based on our payment behavior. In effect, Filipinos are generally less conscious about their payment schedule. Unlike Americans for example, they have to be conscious of their credit rating in case they take on a personal loan down the line. To clarify, it doesn’t necessarily mean that many Filipinos are less responsible when it comes to repayments.