Factors associated with credit decision among public secondary teachers in City schools division of Dasmariąs / by Janica Angelica C Balonzo, Jennah Maera O. Quiallao and Jerry Maay M. Tecson.

Thesis (Bachelor of Science in Business Management Major in Financial Management) Cavite State University.

Includes bibliographical references.

College of Economics, Management, and Development Studies (CEMDS)

BALONZO, JANINA ANGELICA C., QUILLAO, JENNAH MAERA O. TECSON, JERRY MAY M., Factors Associated with Credit Decision among Public Secondary Teachers in City Schools Division of Dasmarinas City, Cavite. Undergraduate Thesis. Bachelor of Science in Business Management major in Financial Management. Cavite State University. Indang, Cavite. May 2018. Adviser: Ms. Cecilia T. Cayao.
A study was conducted to determine and identify the factors associated with credit decision among public secondary teachers in city schools division of Dasmarinas. Cavite.
To be specific, the study aimed to: determine the socio-economic profile of public secondary teachers in city schools Division of Dasmarinas; identify the credit products and institutions or other sources of credit availed by public secondary teachers in city schools Division of Dasmarinas; determine the factors associated with credit decision among public secondary teachers in city schools Division of Dasmarinas; determine the relationship between socio-economic profile and credit product availed by public secondary teachers in city schools Division of Dasmarinas: determine the relationship between the socio-economic profile and factors associated with credit decision of public secondary teachers in city schools Division of Dasmarinas; and determine the relationship between credit product availed and factors associated with credit decision among public secondary teachers in city schools Division of Dasmarinas. The study used descriptive-correlation method of research. The study had 319 participants which were public secondary teachers in city schools division of Dasmarinas, Cavite.
The statistical treatment used were frequency percentage and chi-square statistics to analyze the data collected. The results revealed that majority of the participants were 26 to 30 years old, and were married, they reached college graduate, and had 1 to 5 years in service with salary grade 11 and have a gross monthly income of Php 20,000 to Php 24,999. Majority of the teachers availed or had loan to informal lenders, some of them had loan from PAG-IBIG and GSIS, and some had loan from the banks. For purpose, most of them chose the emergency purpose as factors associated with their credit decision and they usually consider the terms of payment of a particular loan product they avail. Thus, the participants borrow or avail credit product to provide their needs especially for emergency purposes and considering the terms of payment or how long will it take for them to pay it were considered factors associated with their credit decision and have a highly significant relationship to their credit product availed. The researchers would like to recommend PAG-IBIG, DepEd, and the Division office of Dasmarinas that they may conduct seminars for the teachers discussing about their finances- from their salary issues up to their savings or investment matters for the long run. And for the teachers as well, that they may be more aware about financial matters if they will have a balance perspective on savings or invest more for the future and thus lessen the probability of availing loan.

Submitted copy to the University Library. 07/02/2018 T-7963