Root cause of predatory lending in the Philippines
Online lending has boomed because it provides a fast and easy means for financially challenged Filipinos to have access to funds to pay for unexpected or emergency obligations.
Online lending has boomed because it provides a fast and easy means for financially challenged Filipinos to have access to funds to pay for unexpected or emergency obligations.
The World Bank called on the leading companies in the Philippines, Indonesia, Malaysia, and Vietnam to ensure their workers are given the necessary digital and management skills…