A gaggle of victims who had been harassed and intimidated by on-line lending platforms’ assortment brokers filed numerous complaints earlier than the Philippine National Police Anti-Cybercrime Group on Saturday.
The Philippine Association of Loan Shark Victims Inc. (PALSVI) led by its founder Vanessa Burdeos, trooped to Camp Crame to file cyberbullying, harassment, grave risk, and knowledge privateness violations towards 15 on-line lenders.
PALSVI’s complaints stemmed from the harassment, humiliation, and threats skilled by its members from the amassing brokers of on-line lenders in the event that they had been unable to pay their loans on time, in accordance Luisito Santos’ report on Super Radyo dzBB.
In a earlier report from 24 Oras, some on-line lending companies have allegedly resorted to harassment to gather from debtors whose funds have been delayed. One of the lending apps allegedly even despatched a shopper a funeral flower association due to unpaid money owed.
PALSVI urged the federal government and Congress to draft legal guidelines towards the abusive practices of on-line lending companies.
Senator Joel Villanueva has earlier filed a decision to research the rise of unauthorized and unregistered on-line lending platforms within the nation amid stories of harassment skilled by debtors.
The lawmaker additionally talked about that the SEC revoked the Certificate of Registrations of two,084 lending and financing firms that did not safe their Certificate of Authority and canceled the CA of 39 financing and lending firms due to numerous violations.
The SEC has additionally been receiving complaints of abusive debt assortment practices and different violations of on-line lending functions because it not too long ago took down extra entities engaged in unauthorized lending actions, Villanueva stated in his decision.
In May, authorities nabbed eight brokers of an internet lending company in Pasay City for allegedly harassing and humiliating their debtors on social media. —VAL, GMA Integrated News
Source: www.gmanetwork.com
