Lender, not borrower, should bear risk in digital lending
Predatory lending doesn’t just harm individual borrowers, it also undermines trust in the entire financial system.
· 3 min read
Daily TribuneTopic
Predatory lending doesn’t just harm individual borrowers, it also undermines trust in the entire financial system.
· 3 min read
For hundreds of low-income families, the dream of owning the land beneath their homes is becoming a reality as the Social Housing Finance Corporation (SHFC)…
· 2 min read
In recent years, the SEC’s work has been thrust into the spotlight due to proliferating financial scams and abusive lending practices.
· 4 min read
It was Fuse Financing (formerly Fuse Lending, Inc.) that flagged the suspicious website allegedly using its previous corporate identity.
· 1 min read
The Securities and Exchange Commission (SEC) has ordered a lending company to immediately cease operations for allegedly exploiting the former name of GCash’s…
· 1 min read
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.
· 1 min read
As the Community Mortgage Program turns 37, SHFC — under the guidance of president and Chief Executive Officer Federico Laxa — ushers in four new ECMP…
· 2 min read
The Securities and Exchange Commission (SEC) has penalized two online lending firms for unfair collection tactics and misleading loan terms to protect…
· 2 min read
The Securities and Exchange Commission (SEC) has warned the public against dealing with Jia Financing Inc., after suspending the company’s authority to operate…
· 1 min read
In March, NHMFC successfully launched its seventh securitization offering, raising P1.3 billion through the issuance of NHMFC Bonds 2024.
· 2 min read
A substantial majority – 91.1 percent of banks – plan to keep lending standards for business borrowers unchanged.
· 2 min read
More than 34,000 housing loan borrowers affected by Tropical Storms Crising, Dante and Emong, and the southwest monsoon will benefit from the one-month…
· 1 min read
At a time when thousands of families are still reeling from the damage caused by successive typhoons and days of nonstop rains, a brief pause in monthly dues…
· 2 min read
Housing loan borrowers affected by Tropical Storm Crising will get a one-month reprieve as the National Home Mortgage Finance Corporation (NHMFC) rolls out a…
· 1 min read
The Department of Human Settlements and Urban Development (DHSUD) and the Social Housing Finance Corporation (SHFC) are set to roll out 34 revived on-site…
· 2 min read
The Department of Human Settlements and Urban Development (DHSUD) and the Social Housing Finance Corporation (SHFC) are set to roll out 34 revived on-site…
· 2 min read
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…
· 1 min read
WASHINGTON (AFP) — Aldrich Potgieter and Kevin Roy fired course-record 62s at Detroit Golf Club on Thursday to share the first-round lead in the US PGA Tour…
· 2 min read