Online lending harassment is a serious issue that many Filipinos face. If you’re being harassed by an online lender, it’s essential to take immediate and decisive action to protect yourself and your loved ones. Here’s a detailed guide on how to effectively stop online lending harassment in the Philippines:
Top 10 Fast Online Loans in Philippines – A Valid ID is All You Need Updated in November 2024
| Rank | Lender Name & Application Link | Loan Amount | Loan Term | Interest Rate | Repayment | ID Required | Age Range | Special Feature |
|---|---|---|---|---|---|---|---|---|
| #1 |
SOSCREDIT |
₱1,000 – ₱25,000 | 3 – 12 months | 0% for first loan | Monthly or End of term | Only ID Card required | 20 – 70 | Receive money in 15 mins |
| #2 |
CREDIFY |
₱1,000 – ₱25,000 | 3 – 12 months | 0% for first loan | Monthly or End of term | Only National ID required | 20 – 70 | Receive money in 15 mins |
| #3 |
CREZU |
₱1,000 – ₱25,000 | 2 – 4 months | 0% for first loan | Monthly or End of term | Only ID Card required | 18 – 70 | Easy loan approval |
| #4 |
FINBRO |
₱1,000 – ₱50,000 | 1 – 12 months | 0% for first loan | Monthly or End of term | Only ID Card required | 20 – 65 | Receive money in 10 mins |
| #5 | CREDITIFY Apply Now |
₱1,000 – ₱25,000 | 1 – 180 days | 0.1% | Monthly or End of term | Only ID Card required | All accepted | Approve Bad credit |
| #6 | CASHSPACE Apply Now |
₱1,000 – ₱25,000 | 2 – 4 months | 0% for first loan | Monthly or End of term | Only ID Card required | 18 – 70 | Easy loan approval |
| #7 | DIGIDO Apply Now |
₱1,000 – ₱25,000 | 3 – 6 months | 0% for 7 days | Monthly or End of term | Only ID Card required | 21 – 70 | Receive money in 4 mins |
| #8 | KVIKU Apply Now |
₱500 – ₱25,000 | 60 – 180 days | 1.2% per month | Monthly or End of term | Only ID Card required | 18 – 65 | Receive money in 5 mins |
| #9 | CASHEXPRESS Apply Now |
₱1,000 – ₱20,000 | 7 – 30 days | 0% for first loan | End of term | Only ID Card required | 21 – 70 | Receive money in 5 mins |
| #10 | MONEYCAT Apply Now |
₱500 – ₱20,000 | 7 – 180 days | 0% for first loan | End of term | Only ID Card required | 22 – 65 | Easy loan approval |
1. Document the Harassment
Keep Records: Start by meticulously documenting every instance of harassment. Save screenshots of all messages, emails, and any other digital communications. Maintain a log of call records, noting down the date, time, and content of each interaction. This evidence will be crucial when you report the harassment.
Note Details: Pay attention to specific details about the harassment. Record the dates, times, and nature of each incident. If you can, gather information about the person or entity behind the harassment, such as their contact details or any identifiers.
2. Protect Yourself and Your Contacts
Don’t Engage: It’s important not to respond to abusive messages or calls. Engaging with the collectors can often escalate the situation. Instead, cease all communication with them.
Don’t Pay: Resist the urge to make payments under pressure or threats. Focus on resolving the harassment first through the appropriate channels.
Secure Your Data: Change the passwords for your social media accounts and any other platforms where your personal information might be vulnerable. Inform your contacts about the potential harassment and advise them to be cautious with any suspicious communications they might receive.
3. Report to the Relevant Authorities
National Privacy Commission (NPC): If the harassment involves threats, blackmail, unauthorized use of your personal data, or contacting people on your contacts list, file a complaint with the NPC. Visit their website (https://www.privacy.gov.ph/) or email them at info@privacy.gov.ph.
Securities and Exchange Commission (SEC): Report any online lending companies registered with the SEC that are engaging in abusive practices. You can file a complaint through their website (https://www.sec.gov.ph/) or use their online complaint form.
Bangko Sentral ng Pilipinas (BSP): If the harassing lender is a bank or financial institution supervised by the BSP, you can file a complaint with them. More information is available on their website (https://www.bsp.gov.ph/).
Philippine National Police Anti-Cybercrime Group (PNP-ACG): If the harassment involves serious threats or criminal activities, contact the PNP-ACG. Visit their website or email them at pnp.acg@gmail.com.
4. Know Your Rights
Fair Debt Collection Practices Act: Understand that lenders and their collection agents are prohibited from using threats, coercion, or abusive language in their collection efforts.
Data Privacy Act: Lenders are not allowed to publicly expose your debt or contact individuals outside your emergency contacts list.
Taking Action
Facing harassment from online lenders can be daunting, but knowing your rights and the proper steps to take can empower you to protect yourself. By documenting harassment, securing your data, and reporting to the relevant authorities, you can effectively put an end to the abuse and seek the justice you deserve.