The National Privacy Commission said it has amended the guidelines on the processing of personal data for loan transactions, adding stricter provisions on mobile phone camera and contact list access sought from borrowers. | AldenMonzonINQ /PDI
“Online lending applications must have separate interfaces where borrowers can provide character references and guarantors of their own choosing,” the NPC said in its circular.
The NPC has also required these lending and financing companies, or persons acting as such, to submit a complete list of the names of all publicly available applications owned by them as part of their registration with the commission. A number of online lending firms have been blacklisted by the Securities and Exchange Commission due to unfair debt collection practices, including shaming on social media and issuing death threats. In some cases, lenders shame borrowers who could not pay by texting the people on the latter’s mobile contact list.The new circular also tightens the guidelines when lending firms ask for access to the contact list or cameras of borrowers during the loan application process.
Indonesia Berita Terbaru, Indonesia Berita utama
Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.
Memorable Philippine national costumes at Miss UniverseAside from the intense question and answer portion, the National Costume segment is another much-awaited part of the Miss Universe Competition.
Baca lebih lajut »
PBBM prodded to report veggie smuggling, assert national sovereignty during Beijing visit → BusinessMirrorCritics of President Ferdinand R. Marcos Jr. urged the country’s highest official on Tuesday to protect the interest of small farmers and fishermen by putting to stop the rampant smuggling of agricultural products from China and assert the country’s national sovereignty. Marcos is expected to sign at least 10 bilateral agreements with China during the
Baca lebih lajut »
South Korea seeks Chinese national missing from COVID-19 quarantineSouth Korea authorities said they were trying to track down a Chinese national who tested positive for COVID-19 on arrival but went missing while waiting at a quarantine facility. | Reuters
Baca lebih lajut »
National Government outstanding debt - BusinessWorld OnlineTHE NATIONAL Government’s (NG) outstanding debt inched up to another record high of P13.644 trillion as of end-November, the Bureau of the Treasury (BTr) said on Tuesday.
Baca lebih lajut »
Comelec dismisses over 1,000 election cases from over a decade ago - BusinessWorld OnlineTHE COMMISSION on Elections (Comelec) has dismissed 1,024 cases dating back to the 2010 and 2013 national and local elections against individuals who supposedly overspent during their respective campaigns. In a 59-page resolution, Comelec said it junked the cases based on the constitutional right to the speedy disposition of cases. “The Commission resolved to adopt […]
Baca lebih lajut »
NLRC sides with delivery riders in Foodpanda dismissal caseDAVAO CITY (MindaNews / 4 Jan) – The National Labor and Relations Commission (NLRC) 8th Division affirmed the decision of the Labor Arbiter holding Foodpanda Philippines Inc. liable for illegally d…
Baca lebih lajut »