Course Outline in Credit Transactions
CREDIT TRANSACTIONS
Introduction
Kinds of credit transactions
Kinds of security
Loans
 Mutuum vs Commodatum
 Consumable vs Non-
consumable
 Fungible vs Non-fungible
 Loan vs. Lease
 Loan vs. Deposit
 Loan vs. Discounting
Commodatum
 Characteristics
 Subject
 Obligations of the Bailee
 Obligations of the Bailor
 Precarium
Simple Loan or Mutuum
Interest; kinds
The Usury Law
CASES
LOANS
People vs. Concepcion (G.R. No. L-19190
November 29, 1922)
Rose Packing Co. Inc. vs CA (167 SCRA 309
BPI Investment Corp. vs. Court of Appeals,
377 SCRA 117
Central Bank of the Philippines vs. CA (139
SCRA 46)
Bonnevie vs. CA (125 SCRA122)
Pajuyo vs. CA (430 SCRA 492)
Producers Bank of the Philippines vs. CA (397
SCRA 651)
Quintos and Ansaldo vs. Beck (69 Phil. 108)
Yong Chan Kim vs. People of the Philippines
(193 SCRA 344)
Consolidated Bank and Trust Corporation vs
Court of Appeals (356 SCRA 671)
Colinares vs. Court of Appeals (339 SCRA 609)
People vs. Puig (563 SCRA 564)
BPI Family Bank vs. Franco (538 SCRA 184)
De Lima vs. Laguna Tayabas Co. (160 SCRA
70)
Phil. Airlines vs. Court of Appeals (275 SCRA
621)
Ching vs. Nicdao (522 SCRA 316)
Phil. Phosphate Fertilizer Corp. vs. Kamalig
Resources, Inc. (540 SCRA 139)
De la Paz vs. L&J Developent Company (734
SCRA 364)
Nacar vs. Gallery Frames and/or Felipe
Bordey, Jr. (703 SCRA 439)
David vs. Court of Appeals (310 SCRA 710)
Ligutan vs. Court of Appeals (376 SCRA 560)
Silos vs. Philippine National Bank (G.R.
181045, July 2, 2014)
Solidbank Corporation vs. Permanent Homes,
Incorporated (625 SCRA 275)
Polotan vs. Court of Appeals (296 SCRA 247)
Briones vs. Cammayo (41 SCRA 404)
First Metro Investment Corp. vs. Este Del Sol
Mountain Reserve, Inc. (369 SCRA 99)
Tan vs. Court of Appeals (367 SCRA 571)
Liliam Law vs. Olympic Sawmill Co. (129 SCRA
439)
Asian Cathay Finance and Leasing Corporation
vs. Gravador (623 SCRA 517)
Herrera vs. Petrophil Corporation (146 SCRA
385)
Advocates for Truth in Lending, Inc. vs.
Bangko Sentral Monetary Board (288 SCRA
530)
Land Bank of the Phils. vs. Ong (636 SCRA
266)
Spouses Solangonvs Salazar (GR No. 125944,
June 29, 2001)
Private Development Corporation of the
Philippines vs IAC (213 SCRA 282)
 Deposit
 Kinds
 Characteristics
 Deposit vs Sale/Barter BPI vs Court of Appeals (51 SCRA 188, May
10, 1994)
 Deposit vs Commodatum
CA Agro-Industrial Development Corp. vs
 Depositvs Agency CA(March 3, 1993)
 Obligations of the Depositary Southern Motors vs Barbosa (99 Phil 263)
 Obligations of the Depositor South City Homes, Inc. vs BA Finance Corp.
 Voluntary Deposit (GR No. 135462, December 7, 2001)
 Judicial Deposit Asiatic Petroleum vs Hizon (45 Phil 534)
 Guaranty
 Extinguishment

MIDTERMS

Pledge
 Pledge vs Mortgage
 Features
 Pactum Commissorium
 Formalities Required

Mortgage
 Real Mortgage vs Pledge
 Real Mortgage vs A Retro
Sale
 Real Mortagevs Chattel
Mortgage
 Features
Antichresis
Chattel Mortgage
Spouses Uyvs CA (GR No. 109197, June
21, 2001)
Belo vs PNB (353 SCRA 359)
BaluyutvsPoblete (GR No. 144435,
February 6, 2007)
Macapinlacvs Gutierrez Pepide (43 Phil
770)
GarridovsTuazon (24 SCRA 727)
Acme Shoes, Rubber and Plastic
Corporation vs CA (260 SCRA 714)
Development Bank of the Phils vs NLRC 183
SCRA 328 and 242 SCRA 59
Banco Filipino vs NLRC 188 SCRA 700
Republic vs Peralta 150 SCRA 37
J.L. Bernardo Construction vs Court of Appeals
324 SCRA 24
Manabat vs Laguna Federation of Facomas,
Inc. 19 SCRA 621
China Banking Corporation vs Lichauco 46 Phil
460
Soriano vs Galit 411 SCRA 631
Dilag vs Heirs of Resurreccion 70Phil650
(1940)
People’s Bank and Trust Co, vs. Dahican
Lumber Co., 20 SCRA 84 (1967)
Cosio and de Rama vs Palileo 17 SCRA 196
(1966)
Soriano vs Bautista 6 SCRA 946
Bucton vs Rural Bank of El Salvador, Inc., et
al., GR No. 179625, February 24, 2014
Philippine Sugar estates Development Co. vs.
Poizat, 48 Phil 536 (1945)
Tan vs Valdehueza 66 SCRA 61 (1975)
Vilbar vs Opinion 713 SCRA 428 (2014)
Ereña vs Querrer-Kauffman, 192 SCRA 298
(2006)
Bank of Commerce vs San Pablo, Jr. (522
SCRA 713 (2007)
Homeowners Savings and Loan Bank vs
Felonia 717 SCRA 359 (2014)
Arguelles vs Malarayat Rural Bank Inc, 719
SCRA 563 (2014)
Land Bank of the Philippines vs Poblete 691
SCRA vs 613 (2013)
Development Bank of the Philippines vs CA
331 SCRA 267 (2000)
Development Bank of the Philippines vs CA
249 SCRA 331 (1995)
Rizal Commercial Banking Corporation vs CA
289 SCRA 292 (1998)
PNB vs Marañon 700 SCRA 297 (2013)
Republic Planters Bank vs Sarmiento 537
SCRA 303 (2007)
Prudential Bank vs Alviar 464 SCRA 353
(2005)
Roxas vs CA 221 SCRA 729 (1993)
Rural Bank of Toboso, Inc. vs Agtoto 646
SCRA 288 (2011)
Agbada vs Inter-Urban Developers, Inc., 389
SCRA 430 (2002)
Ingles vs Estrada 695 SCRA 285 (2013)
PNB vs Rabat 344 SCRA 706 (2000)
Lim vs DBP 700 SCRA 210 (2013)
Delos Santos vs Metropilitan Bank and Trust
Company 684 SCRA 410 (2012)
United Coconut Planters Bank vs Spouses
Beluso 530 SCRA 567 (2007)
Hi- cement Corporation vs Insular Bank of Asia
and America 534 SRA 269 (2007)
BPI Family Savings Bank, Inc. vs Vda. De
Cosculluela 493 SCRA 472 (2006)
Floresca vs Lindo Jr. 648 SCRA 772
Maglaque vs Planters Development Bank 307
SCRA 156 (1999)
Phil Veterans Bank vs Monillas 550 SCRA 252
(2008)

St. Dominic Corp. vs. Intermediate Appellate

Court (151 SCRA 577 [1987])
Malayan Bank vs. Lagrama, 357 SCRA 429
[2001]
Dizon vs. Gaborro, 83 SCRA 688 [1978)
Serra vs. Rodriguez, 56 SCRA 538 [1974]
Filipinas Marble Corp. vs. Intermediate
Appellate Court, 142 SCRA 180 [1986
(Servicewide Specialists, Inc. vs. Intermediate
Appellate Court, 174 SCRA 80 [1989]; Dy, Jr.
vs. Court of Appeals, 198 SCRA 826 [1991]
Phil. National Bank vs. Manila Investment and
Construction, Inc., 38 SCRA 462 [1971]
Garrido vs. Tuason, 24 SCRA 727 [1968
Tolentino vs. Baltazar, 1 SCRA 822 [1961
Tsai vs. Court of Appeals, 366 SCRA 324
[2001]
Northern Motors, Inc. vs. Coquia, 66 SCRA
415 [1975]
Acme Shoe Rubber & Plastic Corp. vs. Court of
Appeals, 260 SCRA 714 [1996]
Northern Motors, Inc. vs. Coquia, 68 SCRA
374 [1975]
Allied Banking Corporation vs. Salas, 168
SCRA 414 [1988]
 Jaca vs. Davao Lumber Co., 113 SCRA 107
[1982]
Cabral vs. Evangelista, 28 SCRA 1000 [1969]
Friend vs. Development Bank of the Phils., 476
SCRA 453 [2005]
Cerna vs. Court of Appeals, 220 SCRA 517
[1993
IFC Service Leasing and Acceptance Corp. vs.
Nera, 19 SCRA 181 [1967]

Grading system:

30% - Midterm Exam

30% - Final Exam

30% - Quizzes/Recitation/Assignments

10% - Attendance/Demeanor

100%

Atty. LUZELL Z. FERRER

Instructor