Over 47,400 complaints logged vs abusive lending apps since 2024

MANILA, Philippines — The Presidential Anti-Organized Crime Commission (PAOCC) received 47,446 complaints of allegedly abusive behavior by companies operating online lending applications between August 2024 and January 2026. PAOCC Executive Director Benjamin Acorda Jr. shared this with the media in Camp Crame on Monday after signing a memorandum of agreement with the Cybercrime Investigation and Coordinating Center (CICC) to strengthen its campaign against illegal online activities. “Ang masakit diyan ay, karamihan sa ating mga kababayan, there are reports of depression. Hindi nila alam kung paano nila babayaran,” he said at a press briefing. (What hurts there is that, with most […]... Keep on reading: Over 47,400 complaints logged vs abusive lending apps since 2024