6 companies, 30 individuals face raps for abusive loan collection scheme

MANILA, Philippines — Six companies, including three lending firms, and more than 30 individuals are facing complaints before the Department of Justice (DOJ) for reported abusive ways of collecting payments from borrowers. Atty. Oliver Leonardo, Director of the Enforcement and Investor Protection Department of the SEC, said the companies and the individuals are facing complaints … Continue reading 6 companies, 30 individuals face raps for abusive loan collection scheme