Requested from SEC by K. NAPENAS at 05:40 PM on
Aug 19, 2023.
Purpose: Shut down the app and have them accountable
Date of Coverage: 07/31/2023 - 08/14/2023
Tracking no: #SEC-718193188249
NAPENAS 05:40 PM, Aug 19, 2023
Good Day! I would like to seek help and file a complain regarding this lending application that called PESO CASH. Their tactic is to offer you a loan without knowing that you will not receive the amount said and they will be filing big amounts of penalties. They're harassing people verbally, cyber bullying and such. Lots of victims have posted their experiences online and we hope that this will be taken care of as soon as possible.
Gonzales 08:30 AM, Aug 22, 2023
August 22, 2023
Dear KIMBERLY,
Thank you for your request dated Aug 19, 2023 under Executive Order No. 2 (s. 2016) on Freedom of Information in the Executive Branch, for LENDING APPLICATION - PESO CASH.
We received your request on Aug 19, 2023 and will respond on or before Sep 08, 2023 05:40:52 PM, in accordance with the Executive Order's implementing rules and regulations.
Should you have any questions regarding your request, kindly contact me using the reply function on the eFOI portal at https://efoi-ph.uc.r.appspot.com/requests/aglzfmVmb2ktcGhyHQsSB0NvbnRlbnQiEFNFQy03MTgxOTMxODgyNDkM, for request with ticket number #SEC-718193188249.
Thank you.
Respectfully,
Isma Gonzales
FOI Officer
Quimio 11:00 AM, Aug 24, 2023
August 24, 2023
Dear KIMBERLY NAPENAS,
Greetings!
Thank you for your request dated Aug 19, 2023 05:40:52 PM under Executive Order No. 2 (s. 2016) on Freedom of Information in the Executive Branch.
Your Request
You asked for LENDING APPLICATION - PESO CASH.
Response to Request
To find out more about the specifics of your complaint, you may file a formal complaint with us by following the instructions below:
1. To File a Formal Complaint Against a Lending or Financing Company
Kindly follow this link: http://www.sec.gov.ph/lending-companies-and-financing-companies/complaints/.
Please read and follow the instructions carefully to avoid the outright dismissal of your complaint.
In sending the complaint form to flcd_complaints@sec.gov.ph via e-mail, kindly use the following format in the subject head of the e-mail: COMPLETE NAME _RESPONDENT COMPANY _ SUBJECT OF COMPLAINT (ex: JUAN DELA CRUZ_ABC LENDING_DISCLOSURE STATEMENT VIOLATION).
2. To verify Lending Companies, Financing Companies and Online Lending Platforms
For a list of registered lending and financing companies, follow these links:
a. Registered Lending Companies
https://www.sec.gov.ph/lending-companies-and-financing-companies-2/list-of-lending-companies-2/
b. Registered Financing Companies
http://www.sec.gov.ph/lending-companies-and-financing-companies/list-of-financing-companies/
For a list of recorded online lending platforms of lending and financing companies, please refer to this link:
https://www.sec.gov.ph/lending-companies-and-financing-companies-2/list-of-recorded-online-lending-platforms/
3. For more information on Lending and Financing Companies
For more information, refer to this link: http://www.sec.gov.ph/lending-companies-and-financing-companies/complaints/
As to your issues on data privacy violation or violations of R.A. 10173, or the Data Privacy Act of 2012, please contact:
Atty. Michael R. Santos
Chief, Complaints and Investigation Division
National Privacy Commission
Address: 5th Floor Delegation Building, PICC Complex, Roxas Boulevard
E-mail: complaints@privacy.gov.ph; hearings@privacy.gov.ph
Landline: 02-8-2342228 loc 114 or 115
Mobile Number: 0905-5061478 (Globe); 0970-8180555 (Smart)
Thank you for your time and effort in assisting the Commission in our mandate to regulate and supervise lending and financing companies.
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 the Commission Secretary at 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.
Thank you.
Respectfully,
Atty. Kenneth Joy Quimio
Asst. Director
Financing and Lending Division
SEC
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