Online lending app harassment is a serious issue faced by many borrowers in Philippines. Here’s some information and resources to help victims: Impact of Harassment: These tactics can cause significant emotional distress, including anxiety, depression, and even fear. Public shaming and threats to damage reputations can be particularly harmful. Support and Resources: Report the App: […]
Loan in Philippines
Is Moca Moca Sec Registered in Philippines (2024)?
Yes, Moca Moca is registered with the Securities and Exchange Commission (SEC) of the Philippines with SEC registration No. 202105001295904. Here’s how you can confirm this: SEC List: Moca Moca appears on the SEC list of Financing and Lending Companies. This information can be found on the SEC website: https://www.sec.gov.ph/lending-companies-and-financing-companies-2/list-of-lending-companies-2/ Look for Moca Moca’s parent […]
Can a Loan Shark Take You To Court?
No, a loan shark cannot legally take you to court in the Philippines, or most other countries for that matter. Here’s why: Illegal Operation: Loan sharks typically operate outside the law. They don’t have the necessary licenses or permits to function as legitimate lenders. Predatory Practices: Their loan terms are often unfair, with extremely high interest rates […]
