Philippine SEC Warns Vs. Illegal Lenders Charging Exorbitant Interest Rates
The Philippine Securities and Exchange Commission (SEC) has urged Filipinos to borrow only from registered lenders, warning that illegal operators may charge exorbitant interest rates and resort to unfair collection practices. The corporate regulator said consumers should use safe, transparent and regulated loan products, including… Read More
Read more in: Asia, Politics, Legal & Regulation | Tagged Fuse Financing, gcash, lending, online lending, Philippines, sec