List of Financing Companies - Securities and Exchange Commission (2025)

FAQs

How do I know if a loan company is legitimate Philippines? ›

MANILA, Philippines — The Department of Justice (DOJ) has stressed that harassing people who took a loan from online lenders — like posting the debtor's sensitive details and shaming them online — is an illegal act that may be punished under the current law.

It's just a registration with SEC under the Corporation Code of the Philippines. To check and verify further its Secondary SEC Registration or Secondary License online, visit SEC Capital Market Participants Registry System at www.cmprs.sec.gov.ph.

Cashalo Philippines is SEC registered and is certified for this purpose.

Report the incident to your bank/NBFC/financial institution and police station immediately, get your account/card blocked and let the cyber-crime cell of your area know that you have been defrauded. As a victim, it's your responsibility to report your fraud incident to the cyber-crime cell of your area.

Your creditors can take you to court (make a claim) if you don't repay your loan or honour any other terms of your repayment agreement. You shouldn't ignore such a situation. In fact, you should know how to respond in advance. Taking action swiftly will stop the situation from escalating.

No harassment

The Fair Debt Collection Practices Act (FDCPA) says debt collectors can't harass, oppress, or abuse you or anyone else they contact. Some examples of harassment are: Repetitious phone calls that are intended to annoy, abuse, or harass you or any person answering the phone. Obscene or profane language.

Can a debt collector come to your house without notice? Yes, there's no formal process that debt collectors have to follow, unlike court appointed representatives, such as bailiffs.

What is Exchange Commission? ›

The Securities and Exchange Commission oversees securities exchanges, securities brokers and dealers, investment advisors, and mutual funds in an effort to promote fair dealing, the disclosure of important market information, and to prevent fraud.

The five-year period shall commence from the date of the aforesaid approval by the Securities and Exchange Commission.