Senator Win Gatchalian has taken steps in safeguarding financial consumers from being victimized by unethical and fraudulent schemes of some financial service providers and unscrupulous individuals. Noting the wide array of financial products and services following the COVID-19 outbreak, including the emergence of fraudsters that victimized those struggling with lost income, Gatchalian underscored the need […]
Tag: online borrowers
Senator Win Gatchalian expressed alarm over the widespread debt collection harassment and deceptive collection practices of some lending companies. This was after Gatchalian’s office was recently sought out by a group of some 20,000 complainants of various online lending companies and lending apps and who claimed to have been subjected to grave threats, intimidation, public-shaming, […]