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First Fil-Sin Lending Corp vs Gloria D. Padillo

FIRST FIL-SIN LENDING CORPORATION, Petitioner, versus GLORIA D. PADILLO, Respondent

G.R. No. 160533 | 2005-01-12



FIRST DIVISION
DECISION

YNARES-SANTIAGO, J.:

Before us is a petition for review under Rule 45 of the Rules of Court, seeking a reversal of the Court of Appeals’ decision in CA-G.R. CV No. 75183[1] dated October 16, 2003, which reversed and set aside the decision of the Regional Trial Court of Manila, Branch 21 in Civil Case No. 00-96235.

On July 22, 1997, respondent Gloria D. Padillo obtained a P500,000.00 loan from petitioner First Fil-Sin Lending Corp.  On September 7, 1997, respondent obtained another P500,000.00 loan from petitioner.  In both instances, respondent executed a promissory note and disclosure statement.[2]

For the...