Senate urged to probe rise in number of illegal lending platforms online

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Senate urged to probe rise in number of illegal lending platforms online
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Senate Majority Leader Joel Villanueva is urging the Senate to investigate the increase of unauthorized and unregistered lending platforms online. | BPinlacINQ

The legislator called for an end to the alleged “inhumane and unethical practice” of harassing, intimidating, and shaming debtors who are unable to pay loans on time.

Curses and vile language are also reportedly being thrown at debtors to force them to settle their dues, he added.

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