Tag page - illegal lending company

Senator Sherwin Gatchalian on Sunday, June 25 urged the public to be wary of finance applications that can be downloaded online on Google Play or Apple Store and other websites but are actually lending applications that victimizes oblivious customers.          ...

Debtors deserve to be treated fairly and with dignity.  That is the message of Senate Majority Leader Joel Villanueva when he filed a resolution which seeks to investigate the rise of unauthorized and unregistered online lending platforms in the country and victimizes hundreds of vulnerable...

The Securities and Exchange Commission (SEC) has revoked the registration and secured conviction of several illegal lending companies as part of its sustained crackdown against illegal and abusive lenders, the Department of Finance (DOF) said. In a statement, the DOF cited an SEC report that showed...