| Name of Complainant | |
| Date of Complaint | July 1, 2024 |
| Name(s) of companies complained against | cashalo, Credit Cash by Hi Fin Lending, HappyPera2, Mabilis Cash etc., maypera, MOCAMOCA, Okpeso, pesoloan |
| Category of complaint | Cyber Crime |
| Permanent link of complaint | Right click to copy link |
| Share your complaint on social media for wider reach | |
      |
|
I am writing this complaint to bring to your immediate attention the alarming issue of online loan harassment that has been plaguing our society for quite some time now. Despite its persistence, it seems that effective measures to address this crisis have yet to be implemented, leaving countless individuals suffering and in distress.
The proliferation of online loan sharks and their abusive practices have inflicted immense harm on innocent victims. People are being subjected to relentless harassment, coercion, and threats by these unscrupulous lenders. What is particularly distressing is that some individuals have tragically lost their lives, succumbing to the overwhelming stress and humiliation brought upon them by these predatory practices, resorting to suicide as their only perceived escape.
It is unacceptable that such predatory behavior continues unchecked, causing untold suffering to countless individuals and families. The failure to address this issue not only perpetuates injustice but also undermines the trust and confidence of the public in our regulatory and law enforcement agencies.
We urge you to take swift and decisive action to combat online loan harassment and hold those responsible for these egregious acts fully accountable under the law. This includes implementing stricter regulations, conducting thorough investigations, and prosecuting perpetrators to the fullest extent of the law.
Furthermore, we implore you to prioritize the protection and welfare of the victims affected by these predatory practices. They deserve justice, support, and assistance in overcoming the trauma and hardship they have endured.
The time to act is now. Lives are at stake, and the suffering of our fellow Filipinos cannot be ignored any longer. We call upon your agencies to heed this urgent plea and take immediate action to end the scourge of online loan harassment.
Image Uploaded by Online Sharks Advocate: