PAOCC swamped with complaints vs abusive online lenders
To assist victims, the commission has established a one-stop shop where the public can report harassment and intimidation by abusive platforms.
· 2 min read
Daily TribuneTopic
To assist victims, the commission has established a one-stop shop where the public can report harassment and intimidation by abusive platforms.
· 2 min read
Predatory lending doesn’t just harm individual borrowers, it also undermines trust in the entire financial system.
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In recent years, the SEC’s work has been thrust into the spotlight due to proliferating financial scams and abusive lending practices.
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It was Fuse Financing (formerly Fuse Lending, Inc.) that flagged the suspicious website allegedly using its previous corporate identity.
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GDP growth for the second quarter of 2025 was reported to be at 5.5 percent. While this can be viewed as stable growth, given that the first quarter growth was…
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The Securities and Exchange Commission (SEC) has ordered a lending company to immediately cease operations for allegedly exploiting the former name of GCash’s…
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It would bring great relief to end-users and consumers to have a government able to step on the brakes rather than step on the gas in the matter of electricity…
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Online lending app (OLA) operations and their ill effects are proving far worse than those of POGO and online gambling and should be banned altogether.
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The Securities and Exchange Commission (SEC) has penalized two online lending firms for unfair collection tactics and misleading loan terms to protect…
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The Securities and Exchange Commission (SEC) has warned the public against dealing with Jia Financing Inc., after suspending the company’s authority to operate…
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A substantial majority – 91.1 percent of banks – plan to keep lending standards for business borrowers unchanged.
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The PCC shared the results of its competition impact assessment of Republic Act 11202 or the MNP Act.
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Senator Win Gatchalian on Monday filed the proposed Fair Debt Collection Practices Act, a priority measure for the 20th Congress, aiming to hold abusive online…
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The Department of Transportation (DoTr) backed the Civil Aeronautics Board’s (CAB) P6 million fine against AirAsia MOVE, the digital platform of Malaysia-based…
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A positive CI means more respondents are optimistic than pessimistic.
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The Securities and Exchange Commission (SEC) has warned the public against transacting with Zada Cash and Bloom Cash after issuing a cease-and-desist order…
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The Securities and Exchange Commission (SEC) has warned the public against transacting with Zada Cash and Bloom Cash after it issued a cease and desist order…
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Consumers remain optimistic about the economy over the next 12 months, driven by prospects of higher incomes, more job opportunities, and stable inflation…
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