online lending - updates

Rappler's latest stories on online lending

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SEC shuts down 6 online lending apps found shaming customers

Oct 28, 2019 - 3:52 PM

(UPDATED) Six companies which shame and threaten customers get a taste of their own medicine, as the Securities and Exchange Commission orders their closure


Fintech firms adopt code of conduct after spate of online shaming incidents

Sep 16, 2019 - 8:21 PM

Financial technology trade association FinTechAlliance.ph seeks to rub out abusive collection practices and excessive disbursement of loans which result in heavy debt

Screenshot from fintechalliance.ph


Online lending execs face charges for shaming users, data privacy violations

Sep 09, 2019 - 7:11 PM

The National Privacy Commission says these lending firms targeted 'the privacy of persons, practically making a profit out of people's fear of losing face and dignity'


Online lending apps accused of 'shaming' borrowers by texting contacts

May 23, 2019 - 1:49 PM

Mobile lenders are allegedly debt-shaming borrowers by texting their contacts about their outstanding debt