NPC Summons 67 Online Lenders for Alleged Privacy Breach
MANILA, Philippines – The National Privacy Protection Commission (NPC) has ordered 67 online lenders to explain alleged data protection law violations.
In an order issued yesterday, NPC said officials of companies operating the following online lending applications are scheduled to appear for a summary hearing on October 15: Cashalo, Akulaku, Batis Loan, Cash bus, Cash flyer, Cash loan, Moto cash, Cash to go, Cash warm, Cashafin, Cashaku, Cashaso, Cashmoney loan, Cashope, Cashwhale, Crazy Loan, Credit coin, Credit peso, Crutchpil, First loan, Flash cash, Happy cash, Hello papaya, JK Quick Cash Lending , Kwago, Lalapeso (Mintwagon Lending Corp.), Cash Loan, Thin Credit, Loan Champion, Loan Currency, Loan Portfolio; Mabilis cash, Mango cash, Mango pret, Mcmpire, Megaloan, MF cash (Microdot Lending Corp.), Moola Lending, One cash, Online Prêts Pilipinas, Pautang peso, Pera Advance, Pera express, Pera Lending, Pera Pocket (Rainbow Cash) , Pera4u, Peso legend, Peso loan, Peso now, Peso online, Peso Q, Peso to go, Peso tree, Peso wallet, Peso.ph, Peso2go, Pesomine, Pesos ph, Pesos.ph, Pinoy money, Peso Pinoy, Pondo pocket, QCash, Loan to sell, Super cash, Super peso and Utang pesos.
“Based on reports from our Complaints and Investigations division, the published list includes applications whose company names, physical addresses or email addresses cannot be identified for the purpose of service or order service. ‘opinion, “AFN Deputy Commissioner Leandro Angelo Aguirre said in a text. a message.
NPC is calling those responsible for the above as the agency has received complaints against online loan applications for alleged violations of privacy law.
The complainants reported that personal information on their mobile contact list was collected and used by companies to contact third parties without their consent.
In addition, personal information of those affected has been disclosed to third parties, including friends, relatives, colleagues and the borrower’s supervisor. In some cases, third parties were told that they had been identified by borrowers as co-creators or character references or were asked to settle the loan on behalf of the borrowers.
NPC said the plaintiffs also reported that online lending apps used borrowers’ contact list to embarrass, harass, threaten or coerce them to pay off their loans.
Based on the complaints, companies have also used intrusive methods to process personal information, including posting personal or sensitive information about the borrower on social media or threatening contact with borrowers.