Requested from SEC by M. Katimbang at 03:54 PM on
Nov 12, 2022.
Purpose: Data Journalism course - Academic requirement
Date of Coverage: 01/01/2020 - 01/01/2022
Tracking no: #SEC-892742128208
Katimbang 03:54 PM, Nov 12, 2022
Hi! I would like to request for information regarding:
1. The list of Illegal Online Lending Apps in the Philippines still in operation. This will be used solely for academic purposes only. Thank you!
Gonzales 09:10 AM, Nov 14, 2022
November 14, 2022
Dear Michie,
Thank you for your request dated Nov 12, 2022 under Executive Order No. 2 (s. 2016) on Freedom of Information in the Executive Branch, for Illegal Online Lending Apps in the Philippines still in Operation.
We received your request on Nov 12, 2022 and will respond on or before Dec 02, 2022 03:54:46 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://www.foi.gov.ph/requests/aglzfmVmb2ktcGhyHQsSB0NvbnRlbnQiEFNFQy04OTI3NDIxMjgyMDgM, for request with ticket number #SEC-892742128208.
Thank you.
Respectfully,
Isma Gonzales
FOI Officer
Gumtang- Remalante 03:37 PM, Nov 17, 2022
November 17, 2022
Dear Michie Katimbang,
Greetings!
Thank you for your request dated Nov 12, 2022 03:54:46 PM under Executive Order No. 2 (s. 2016) on Freedom of Information in the Executive Branch.
Your Request
You asked for Illegal Online Lending Apps in the Philippines still in Operation.
Response to Request
Instead of a list of illegal Online Lending Applications (OLA), I can share with you the list of recorded online lending platforms. Please refer to the SEC website at https://www.sec.gov.ph/lending-companies-and-financing-companies-2/list-of-registered-online-lending-platforms/.
If the OLA is not among those that are listed therein, they are considered illegal and you must immediately report the same to the Enforcement and Investor Protection Department at epd@sec.go.ph
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 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.
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,
Atty. Rachel Esther Gumtang- Remalante
FOI Receiving Officer
Katimbang 03:25 PM, Nov 19, 2022
Good day! I regret to inform you that as I copied the link you sent, I was redirected repeatedly in a page that says "Sorry, the page you are looking for cannot be found". I suppose the link has an erratum. Kindly inform me if that is the case. Thank you very much.
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