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Wednesday, November 27, 2024

NPC: 65 more online lenders violating Data Privacy Act

The National Privacy Commission called the attention of 65 more online lenders following several complaints from borrowers and alleged violations to the Data Privacy Act of 2012.

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The NPC identified them as Akulaku, Batis Loan, Cash Bus, Cash Flyer, Cash Loan, Cash Moto, Cash to Go, Cash The arm, Cashafin, Cashaku, Cashako, Cashaso, Cash Money Loan, Cashope, Cashale, Crazy Loan, Credit Coin and Credit Peso.

Also included are Cnechpil, First Lending, Flash Cash, Happy Cash, Hello Papaya, JK Quick Cash Lending, Kwago, Lala Peso, Lending Cash, Light Credit, Loan Charm, Loan Moto, Loan Wallet, Mabilis Cash, Mango Cash, Mango Loan, Mcampre and Megaloan.

The others are MF Cash, Online Loans Pilipinas, Pautang Peso, Pera Advance, Pera Express, Pera Lending, Pera Pocket, Pera 4 U, Peso Legend, Peso Lending, Peso Now, Peso Online, Peso Q, Peso to Go, Peso Tree, Peso Wallet, Peso Ph, Peso, Peso Mine, Pesos Ph, Pinoy Cash, Pinoy Peso, Pondo Pocket, Q Cash, Sel Loan, Super Cash, Super Peso and Utang Pesos.

The NPC said the complainants found out that the lenders gained access and used their contacts in their lists as third parties and possible candidates for loans without their consent.

Personal information of the data subjects were leaked to third parties- illegally collected from the contact lists of their phones-which were mostly untrue. Some were even asked to settle the loans in behalf of the borrowers, since they were declared as co-borrowers or guarantors.

The same information were also used to harass the borrowers to compel them to settle their debts.

Borrowers also complained the lenders used social media as a way to publicly shame as well as threaten and harass them.

Earlier, the NPC filed cases against three major online lending companies found guilty of alleged public shaming of borrowers.

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