BSP online lending crackdown puts abusive collection tactics under scrutiny
The BSP plans tougher action against abusive online debt collection as regulators consider transferring supervision of online lending companies from the SEC.
By Edielyn Mangol, Reporter When financial emergencies happen, many Filipinos turn to government loan programs for relief. The Social Security System (SSS) salary loan remains one of the most trusted options for workers, thanks to its low interest rate and…
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