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How do you file a complaint with the SEC Philippines? If you are in the Philippines and have any problem with your debts in a financial company, here are the steps on how to report to the Securities and Exchange Commission Philippines (SEC). 1. Download the Complaint Form from the SEC Philippines by visiting this link: https://bit.ly/LendingComplaintForm Note: The form will automatically download. If not, try to refresh your web browser. 2. Fill out the Complaint Form completely and accurately. 3. Attach all evidence or proof that supports your complaint. This may include the disclosure statement, amortization schedule, receipts, promissory notes, and other relevant documents in connection with your loan transaction.
4. Submit one Complain Form per lending or financial company. 5. Together with one valid government issued ID, submit the Complaint Form and all evidences to cgfd_md@sec.gov.ph Some important reminders from SEC:
For other information, you can read the SEC Philippines Website: https://www.sec.gov.ph/
13 Comments
Charisse Mae T. Peralta
6/25/2023 07:45:07 pm
What if someone from Facebook falsely claims that they are registered with the SEC and threatens me with canceling the loan since they did not inform me that I need to deposit 10% of the loan amount to get the money from them? They also sent a screenshot of the loan agreement with my signature that they got from the documents I sent; they even asked me to go to their office to cancel the loan personally but still need to pay it every month, and another document with my signature regarding the cancellation that was not even sent to us to read and agree. I haven't signed or agreed to anything yet. They have all the documents proving that the company is legit, and when I searched for their company on the list of lenders that I found on Google, I could not find the company name, and they also sent a link that looks exactly like the official website, and their company is now on the list. Their website no longer exsist,
Reply
Hello Charisse, my advice to you is that you better go to the SEC office to confirm that they are registered and explain the circumstances because if they are not SEC registered and they do not have a secondary license from the SEC, what they did is illegal. And why do you need to deposit 10% to get a loan from them right away? Is it for collateral? You also said that you did not sign or agree to anything, is that right?
Reply
sonny galpo
7/17/2023 11:50:10 pm
i would like to ask if Smart Investment and & Finance Corporation is Legitimate or not?They have documents to prove they are legitimate and collecting money for loan borrower, and i am one of the victim of this company. I ask them to return back my money when i notice they are scammer and they did no return any single centavo that i send thru their BANK CIMB Bank 20867601326018
Hello Sonny, upon searching "Smart Investment and Finance Corporation" via the SEC Check App, https://eramp.sec.gov.ph/, and https://secexpress.ph/application-form, there are no records that show up.
Judie Tseng
7/21/2023 12:56:27 am
Hello sir/ma'am,
Reply
Hello Judie, the SEC warned that those who engage in abusive debt collection practices may now be criminally prosecuted for violation of Section 8(d) of the FCPA.
Reply
Bess
8/5/2023 07:30:45 am
Sir Ralf, hope you can help me as well how to sue these scam lending company they already took 85k in me and until now I didn’t received my loan. They said if i will get a new otp code i can get the 200k which I applied for loan but they said i need to deposit 20k then my account happened mistake they said so i need to give 40k then they ask me again 25k but only 15k i gave for I don’t have money anymore for otp again then after receiving 15k they said i need to deposit again 20k for my credit score. I want to punish this scam company sir please please do help me. I am begging i need my money back.
Bess
8/5/2023 07:25:53 am
Hi po, thesame happened to me po today. I already sent 85k already to them but still they are asking for additional 20k for credit score. Can someone advice me what to do? Coz i am here in Dubai I don’t know what to do.
Reply
Hello Bess! It looks like you were scammed. First of all, why are you the one who needs to give them money? That's why you are taking a loan; you need money yourself. Did you know that there are government agencies that you can approach once you fall victim to a scam? What exactly are these agencies?
roxanne binato
8/1/2023 04:50:18 am
hi gusto coh i reklamo ang d makatarungan ginawa ng online lending apps sobra po sila s pananakot at sobrang taas ng intres ano po ang kailangan gawin gusto ko sila ireklam
Reply
Hello Roxanne, the SEC Philippines warned that those who engage in abusive debt collection practices may now be criminally prosecuted for violation of Section 8(d) of the FCPA.
Reply
Angeneth monares
8/18/2023 05:38:25 pm
Ma'am/sir Pwedi po ba makahinge ng tulong may inaplayan po akong online lending app (PESO CASH) (PAUTANG PESO) grabi po Yung pananakot nila tinitxt at tinatawagan lahat ng contact ko at sinesend nila pic ko messenger Sana po matulungan nyu ako
Reply
Hello Angeneth! Did you know that the Securities and Exchange Commission Philippines warned that those who engage in abusive debt collection practices may now be criminally prosecuted for violation of Section 8(d) of the FCPA.
Reply
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