Saturday, May 2, 2026
Today's Print

Tag: loan sharks

Don’t let loan sharks win by regulation

“If we want real consumer protection, we cannot adopt measures that will feed people to loan sharks” The proposal to cap the effective interest rate...

Government launches crackdown vs abusive online loan sharks

The government formally started a major campaign to tackle Filipinos’ growing complaints against abusive online lending applications or modern-day loan sharks, the Presidential Anti-Organized...

DSWD warns beneficiaries to stop pawning ATM cards

Beneficiaries of the Pantawid Pamilyang Pilipino Program (4Ps) risk getting delisted from receiving government subsidies if they keep engaging with loan sharks by pawning...

Tulfo to loan sharks: Prey not on 4Ps or face jail

Social Welfare Secretary Erwin Tulfo has warned loan sharks against accepting pawned Pantawid Pamilyang Pilipino Program (4Ps) cash cards, saying it is a criminal...

GSIS: 190,00 members saved from ‘5-6’ lenders

The Government Service Insurance System has saved its 190,000 members who have fallen victims to loan sharks and ‘5-6’ lenders who offer quick financial...

Leave war vets alone, solon tells loan sharks

Senior Citizen Party-list Rep. Francisco Datol appealed to the Philippine Veterans Affairs Office, Department of the Interior and Local Government, Department of Social Welfare...

End 5-6, strengthen microfinance NGOs – Bam

MILLIONS of Filipinos can now stop going to loan sharks and other informal lenders who burden them with unreasonable and high interest rates if...

Loan sharks benefit from Lando victims

By Joel Guinto RICE farmer Francisco Santo Domingo’s life is in ruins after losing yet another gamble with nature, but the typhoon that destroyed his...
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