Requested from SEC by F. Aguirre at 11:18 AM on
Dec 02, 2021.
Purpose: To Report Online Loan Applications dangerous threats to the public's privacy and security.
Date of Coverage: 11/01/2021 - 12/01/2021
Tracking no: #SEC-540915090036
Aguirre 11:18 AM, Dec 02, 2021
Hi! I would like to encourage your good office to maximize the efforts and resources intended for the public's interest on the alarming and threatening violations of an individual's privacy, credibility, good standing, moral values and destroying the lives of helpless customers(LEMONPESO,PESOPLUS,PESOFLY,MANYPESO,PESOMORE,PESOKWENTO,COCOPESO,LPESO,GPESO,EASTCASH,CASHGO,CASHGUARD,OURCASH,HALIKACASH)These Loan app sharks are violating data privacy,cyber crime law, etc. Please have an investigation of these apps existence as it is misleading the public to believe of low interest rates on their ad
Infante 02:27 PM, Dec 02, 2021
December 2, 2021
Dear Felix Aguirre,
Greetings!
Thank you for your request dated Dec 02, 2021 11:18:13 AM under Executive Order No. 2 (s. 2016) on Freedom of Information in the Executive Branch.
Your Request
You reported the Online Loan Applications entities' dangerous threats to the public's privacy and security.
Response to Request
You may want to visit our website containing the Advisories, Notices, other updates, and the procedures for filing complaints concerning lending companies:
https://www.sec.gov.ph/lending-companies-and-financing-companies-2/lending-companies-and-financing-companies/): and,
https://www.sec.gov.ph/lending-companies-and-financing-companies-2/complaints/
You may email the accomplished Complaint Form to cgfd_md@sec.gov.ph with the email subject line in this format: COMPLETE NAME_RESPONDENT COMPANY_SUBJECT OF COMPLAINT. To assist in the CGFD’s evaluation of the same, kindly attach a scanned copy of your valid government-issued I.D. and supporting evidence/documents such as disclosure statement, amortization schedule, receipts, promissory notes, and other relevant documents in connection with your loan transaction with the company.
We also suggest that you download the SEC Check App (https://bit.ly/secmobileapp), the official mobile app of the Securities and Exchange Commission Philippines. Apart from providing on-the-go guides in doing business and investing in the Philippines, it contains among others: investor alerts and educational materials aimed at protecting the investing public from investment scams; and the latest rules and regulations concerning corporations, partnerships, associations, capital market professionals and other entities supervised by the SEC Philippines.
Your right to request a review
If you are unhappy with this response to your FOI request, you may ask us to carry out an internal review of the response by writing to comsec@sec.gov.ph. Your review request should explain why you are dissatisfied with this response, and should be made within 15 calendar days from the date when you received this letter. We will complete the review and tell you the result within 30 calendar days from the date when we receive your review request.
If you are not satisfied with the result of the review, you then have the right to appeal to the Office of the President under Administrative Order No. 22 (s. 2011).
Thank you.
Respectfully,
Violeta Infante
FOI Receiving Officer
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