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kel asked in TravelAsia PacificPhilippines · 1 decade ago

how will I know if a lending agency is approved by the government? (Philippines)?

particularly "1st D&E LENDING GROUP INC. (edsa extension cor. harrison st. Pasay city...

Mr. DAVID NG is the owner of the calling card...

I really doubt that this agency is fake... pls help me out,

1 Answer

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  • Rose
    Lv 6
    1 decade ago
    Favorite Answer

    Lending companies need to have a quasi-banking license approved by BSP and also SEC.

    Please see the list below from SEC:

    http://www.sec.gov.ph/cfd/REGISTERED%20LENDING%20C...

    It's not in the list, but the list is outdated and is as of 2008.

    You can contact SEC for verification purposes.

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