Securities and Exchange Commission

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  • REQUEST SUBMITTED

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    Date: 2023-12-20 11:49:12.900619

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    Date: 2023-12-21 09:48:11.426716

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    Date: 2023-12-21 16:00:09.061090

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COPPERSTONE LENDING .INC

Requested from SEC by J. Marcos at 11:49 AM on Dec 20, 2023.
Purpose: To stop harassing me and my family and to stop data privacy
Date of Coverage: 12/18/2023 - 12/20/2023
Tracking no: #SEC-243712314151

Marcos 11:49 AM, Dec 20, 2023

Good day! I would like to report online loan apps at agent covered by this lending company or COPPERSTONE LENDING inc. for their harassment and collecting my data privacy include all my phone contacts and sending my contacts of unnecessary word and unnecessary call from the agent.
Their Agent was so RUDE and ruin my personal life.  Because of that harassment.
Please stop the Online loan apps covered by this lending company. Because their a high interest in just only for 7days to pay. So RUDE Lending company
Moca-moca/ blue peso/ pesso Buffett/ Quickla

Gonzales 09:48 AM, Dec 21, 2023

December 21, 2023

Dear John Christian,

Thank you for your request dated Dec 20, 2023 under Executive Order No. 2 (s. 2016) on Freedom of Information in the Executive Branch, for COPPERSTONE LENDING .INC.

We received your request on Dec 20, 2023 and will respond on or before Jan 10, 2024 11:49:12 AM, 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/aglzfmVmb2ktcGhyHQsSB0NvbnRlbnQiEFNFQy0yNDM3MTIzMTQxNTEM, for request with ticket number #SEC-243712314151.

Thank you.

Respectfully,

Isma Gonzales
FOI Officer

Quimio 04:00 PM, Dec 21, 2023

December 21, 2023

Dear John Christian Marcos,

Greetings!

Thank you for your request dated Dec 20, 2023 11:49:12 AM under Executive Order No. 2 (s. 2016) on Freedom of Information in the Executive Branch.

Your Request

You asked for COPPERSTONE LENDING .INC.

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)

Pinagiingat ang publiko sa mga nagpapangap na registered Lending o Financing Company na nag-aalok magpautang pero manghihingi muna ng deposito (advance fee) sa borrower.

Pagkatapos makakuha ang “advance fee“ galing sa borrower, ay ibo-block o tatakbuhan na sila ng mga nagpapangap na Lending at Financing Company. 

Madalas ang panloloko ay nagaganap sa “Telegram” at iba pang social media platform.

Ang biktima ay isasali sa isang group chat (GC) kasama ang mga nagpapangap na borrowers na nakatanggap ng  loan sa tulong ng pekeng Lending o Financing company. Madalas, ang mga makakausap sa GC ay hindi Pilipino o tunog banyaga magsalita.

Ipinapaalala namin na ang mga lehitimong lending o financing company ay hindi humihingi ng deposito,  processing fee or advance fees mula sa mga borrowers bago magpautang.

Pinapayuhan ang publiko na maging mapanuri, mapagmatyag at umiwas sa mga ganitong klaseng modus operandi.

Huwag umutang o makipag- transaction sa mga ganitong kumpanya.

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.

Sincerely yours,

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

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