Text of the provision
Art. 1253. If the debt produces interest, payment of the principal shall not be deemed to have been made until the interests have been covered.
(1173)
Civil Code of the Philippines, Republic Act No. 386, approved June 18, 1949, effective August 30, 1950. Reproduced in full; verified verbatim against the LawPhil and ChanRobles official-text renderings.
What this article means
If the debt bears interest, payment is applied to the interest first, and the principal is not deemed paid until the interest is covered.
Questions about this provision
Related provisions
- Article 1252 — Application of Payments.
- Article 1254 — Application by Operation of Law.
Cases citing this article
- Nunelon R. Marquez vs. Elisan Credit Corporation, G.R. No. 194642, April 6, 2015 — read the decision on LawPhil →
- Spouses Salvador Abella and Alma Abella vs. Spouses Romeo Abella and Annie Abella, G.R. No. 195166, July 8, 2015 — read the decision on LawPhil →
- Rosemarie Q. Rey vs. Cesar Anson, G.R. No. 211206, November 7, 2018 — read the decision on LawPhil →
- Spouses Juan Chuy Tan and Mary Tan vs. China Banking Corporation, G.R. No. 200299, August 17, 2016 — read the decision on LawPhil →
- Danilo A. David vs. Bank of the Philippine Islands, G.R. No. 251157, September 29, 2021 — read the decision on LawPhil →
Compiled automatically from Supreme Court decisions published on LawPhil that expressly cite this article, most frequently cited first. A listing means the decision cites the provision — it is not a statement that the case is the leading authority, and it does not show whether a ruling has since been modified or abandoned. Always read the decision itself.