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REGULATE DEBT COLLECTION PRACTICES OF FINANCING, LENDING COMPANIES – GATCHALIAN

To protect ordinary Filipino borrowers from harassment and unethical practices perpetuated by predatory lenders, Senator Win Gatchalian has moved to regulate the debt collection practices of financing and lending companies. Gatchalian, vice chairman of the Senate Committee on Economic Affairs, has filed Senate Bill No. 1366 (SBN 1366) or “The Fair Debt Collection Practices Act,” […]