DoJ cybercrime group warns vs online lending firms' unlawful debt collection practices

BusinessWorld
April 26, 2021 | 8:38 pm
THE JUSTICE department’s cybercrime team has flagged the unlawful debt collection practices of online lending companies, citing the growing number of reports it has received.
In a public advisory on Monday, the Department of Justice–Office of Cybercrime (DoJ-OOC) said various laws prohibit these online firms from accessing the debtor’s phone contacts, posting their personal information, threatening them with death and physical injuries, and using profane language.
The advisory was issued “in response to the increasing number of reports received and endorsed to (the DoJ-OOC) involving unfair debt collection practices and cyber harassments by online lending companies.”

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