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    Date: 2023-09-28 17:04:53.975354

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    Date: 2023-09-28 18:07:46.371995

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Complaint for Pesohere Loan App

Requested from SEC by J. Jamias at 05:04 PM on Sep 28, 2023.
Purpose: Complaint Pesohere Loan App
Date of Coverage: 09/28/2023 - 09/28/2023
Tracking no: #SEC-747231180660

Jamias 05:04 PM, Sep 28, 2023

Good day!
I have a very serious complain against Pesohere loan app. I downloaded the app to check for a loan and to compare which loan online applications has the smallest interest. It suddenly disbursed to my gcash account right away the 2,000 which is not my intention to borrow. A few minutes later, they notified me thru text that I needed to pay 3,500 with only seven-day repayment term. 
Is this possible and legal?
They also put the SEC logo in there application in not good photo

Gonzales 06:07 PM, Sep 28, 2023

September 28, 2023

Dear John Victor,

Thank you for your request dated Sep 28, 2023 under Executive Order No. 2 (s. 2016) on Freedom of Information in the Executive Branch, for Complaint for Pesohere Loan App.

We received your request on Sep 28, 2023 and will respond on or before Oct 19, 2023 05:04:53 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://foi.gov.ph/requests/aglzfmVmb2ktcGhyHQsSB0NvbnRlbnQiEFNFQy03NDcyMzExODA2NjAM, for request with ticket number #SEC-747231180660.

Thank you.

Respectfully,

Isma Gonzales
FOI Officer

Quimio 12:16 PM, Oct 02, 2023

October 2, 2023

Dear John Victor Jamias,

Greetings!

Thank you for your request dated Sep 28, 2023 05:04:53 PM under Executive Order No. 2 (s. 2016) on Freedom of Information in the Executive Branch.

Your Request

You asked for Complaint for Pesohere Loan App.

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

Atty. Kenneth Joy A. Quimio
Asst. Director
Financing and Lending Division
SEC

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