THE Philippine National Police (PNP) on Tuesday, Mar. 17, stepped up initiatives to combat abusive online lending platforms ...
Inquirer.net on MSN
Over 47,400 complaints logged vs abusive lending apps since 2024
MANILA, Philippines — The Presidential Anti-Organized Crime Commission (PAOCC) received 47,446 complaints of allegedly abusive behavior by companies operating online lending applications between ...
THE rapid growth of consumer lending in the Philippines in recent years has raised some important questions: Does it signal rising risks to financial stability, or does it reflect healthy progress in ...
THE Philippine National Police (PNP) is ramping up its campaign against abusive online lending platforms following a sharp rise in complaints involving harassme ...
Inquirer.net on MSN
PAOCC gets over 47,400 complaints vs abusive online lending apps
MANILA, Philippines — The Presidential Anti-Organized Crime Commission (PAOCC) said on Monday that it received 47,446 complaints about the allegedly abusive behavior of some companies operating online ...
The Philippine National Police (PNP) has stepped up efforts to combat abusive online lending platforms by investigating operators who harass borrowers, invade privacy and violate cybercrime laws. The ...
For many Filipinos, the experience can be brutal and traumatic: Faced with a financial emergency at some point in their lives, desperately needing money to buy food for their families, secure ...
TALA Financing Philippines, Inc. expects to sustain strong loan growth this year as demand for unsecured lending remains robust among consumers facing rising living costs and weak income growth, its ...
How rapid growth in the Association of Southeast Asian Nations’ digital lending is generating regulatory gaps, consumer risks, and the potential for disputes over automated credit decisions ...
PhilStar Global on MSN
Fintech group pushes higher capital base for lending firms
MANILA, Philippines — A fintech industry group is urging regulators to raise the minimum capitalization for lending companies, saying stronger capital requirements would ensure only serious players ...
Inquirer Business on MSN
SEC cracks down on online lender Gul-Zara
MANILA, Philippines — The Securities and Exchange Commission (SEC) has revoked the corporate registration and lending license of Gul-Zara Lending Investor Corp., citing persistent violations of ...
PhilStar Global on MSN
Philippines emerges as key growth market for MoneyHero
“The emphasis on credit literacy and good credit behavior is very powerful for the Philippines because it translates to higher approval rates and higher limits.” MANILA, Philippines — The Philippines ...
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