Text of the provision
Art. 1956. No interest shall be due unless it has been expressly stipulated in writing.
(1755a)
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
No interest is due unless expressly stipulated in writing. Oral interest agreements are unenforceable — a frequently-litigated rule; without a written stipulation, only the legal rate on default may run.
Related provisions
- Article 1955 — Obligation of the Money/Fungible Borrower.
- Article 1957 — Void Usury-Circumventing Contracts.
Cases citing this article
- 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 →
- Commissioner of Internal Revenue vs. Filinvest Development Corporation/Commissioner of Internal Revenue vs. Filinvest Development Corporation, G.R. No. 163653 / G.R. No. 167689, July 19, 2011 — read the decision on LawPhil →
- Sebastian Siga-an vs. Alicia Villlanueva, G.R. No. 173227, January 20, 2009 — read the decision on LawPhil →
- Samson Ching vs. Clarita Nicdao, et al, G.R. No. 141181, April 27, 2007 — read the decision on LawPhil →
- Lara’s Gifts & Decors, Inc. vs. Midtown Industrial Sales, Inc, G.R. No. 225433, August 28, 2019 — 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.