SEC slaps Home Credit Philippines with fine over unfair debt collection practices

The Securities and Exchange Commission (SEC) has imposed sanctions on HC Consumer Finance Philippines, Inc., the company behind Home Credit Philippines, after finding that it engaged in unfair debt collection practices that violated consumer protection rules. In an order dated June 3, the SEC’s Financing and Lending Companies Department found HC Consumer Finance liable for … Continue reading SEC slaps Home Credit Philippines with fine over unfair debt collection practices