Friday, May 1, 2026
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Tag: Lending companies

SEC weighs higher capital for lenders

The Securities and Exchange Commission (SEC) is proposing an increase to the minimum capital requirement for lending companies to eliminate fly-by-night operators and address...

Group urges SEC to closely watch lending companies

A consumer advocacy group has urged the Securities and Exchange Commission (SEC) to closely monitor how lending companies comply with its new memorandum circular...

Online lender Surity Cash faces P1-million fine for ‘unfair’ debt collection

The Securities and Exchange Commission (SEC) said it imposed a P1-million fine on Surity Cash Lending Investors Corp. for allegedly engaging in unfair and...

SEC shuts down 56 lending companies

The Securities and Exchange Commission (SEC) said over the weekend it revoked the corporate registrations and secondary licenses of 56 lending and financing companies...

Tulfo eyes Senate inquiry on abusive practices by money lenders

Senator Raffy Tulfo seeks a Senate investigation on the alleged unfair debt collection practices of lending companies involving harassment of borrowers and other abusive...

Lending companies told to register with NPC

The National Privacy Commission asked lending companies, financing companies or lending individuals to register with the commission and submit the complete list of all...

Regulator suspends 20 more lending companies

The Securities and Exchange Commission suspended 20 more lending companies for failing to secure a secondary license, or a certificate of authority, as required...

SEC suspends licenses of 84 lending companies

The Securities and Exchange Commission suspended the registration certificates of 84 lending companies as a part of a crackdown against the so-called ‘5-6’ money...
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