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  • 180 Views13 Comments

    in Sundae Scoop

    Home Credit Grows Threefold in 2017

    Prague-based finance technology (FinTech) company Home Credit Philippines (HCPH) has reported a threefold year-on-year growth in receivables in 2017, capping a landmark year that saw HCPH double its customer base from one to two million, and expand its operations nationwide. More

  • 55 Views4 Comments

    in Sundae Scoop

    NPC Calls for Data Privacy Compliance in the Consumer Finance Sector at DPO15

    The consumer finance services are seeing a steady growth in demand particularly from the small-to-medium scale enterprises in the Philippines, owing to robust business climate and increasing consumer spending. Thus, there is a need for businesses involved in personal, and credit loan services to safeguard their customers’ trust by ensuring that personal information remains secure against […] More

  • 28 Views147 Comments

    in Sundae Scoop

    The loan and winding road to borrowing

    If you’ve ever used a credit card for purchases, or availed of a consumer loan for a big expense, or even simply borrowed lunch money from a co-worker, you are not alone—according to data from the Bangko Sentral ng Pilipinas, nearly 50% of adult Filipinos have an outstanding debt, while another 33% had borrowed money […] More

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