FLAGGED LISTUpdated April 2026 · Source: SEC Philippines

SEC Blacklisted Lending Apps Philippines 2026

These lending apps have had their SEC Certificate of Authority revoked, suspended, or are under active investigation for illegal lending, harassment, and data privacy violations. Search before you borrow.

If you already borrowed from a blacklisted app, stop all payments and file a complaint at sec.gov.ph or the NPC for data violations. A revoked lender cannot legally collect.

Showing 18 of 18 flagged lenders

Violation / ReasonCategory
FlashLoan PH Inc.
SEC Investigation No. 2026-I-13
Under InvestigationSuspected contact harvesting without consentData PrivacyApr 2026
CashNow PH Inc.
SEC Advisory No. 2026-11
RevokedPredatory rates exceeding 500% APR, contact shamingPredatory RatesMar 2026
LoanBee PH Corp.
SEC Advisory No. 2026-12
SuspendedMisleading loan terms, undisclosed rollover feesPredatory RatesMar 2026
PesoMax Financial
SEC Investigation No. 2026-I-09
Under InvestigationHidden fees, misleading loan term disclosuresPredatory RatesMar 2026
CashBridge Corp.
SEC Investigation No. 2026-I-10
Under InvestigationMisleading loan terms and undisclosed rollover feesPredatory RatesMar 2026
ExpressLoan PH Corp.
SEC Advisory No. 2026-07
RevokedData breach, unauthorized access to contactsData PrivacyFeb 2026
PesoGo Lending Corp.
SEC Advisory No. 2026-08
RevokedIllegal collection, threats, doxxing of borrowersHarassmentFeb 2026
QuickCash Lending Corp.
SEC Advisory No. 2026-06
SuspendedData privacy violations, unauthorized contact accessData PrivacyFeb 2026
CashXpress PH
SEC Investigation No. 2026-I-04
Under InvestigationExcessive interest rates, undisclosed chargesPredatory RatesFeb 2026
Fynamics Lending Inc.
SEC Advisory No. 2026-01
RevokedHarassment of borrowers, illegal collection practicesHarassmentJan 2026
LoanKo Inc.
SEC Advisory No. 2026-02
RevokedDebt collection harassment and data privacy violationsHarassmentJan 2026
PinoPeso Lending
SEC Advisory No. 2026-03
RevokedThreats and harassment to borrowers and contactsHarassmentJan 2026
RapidLend PH Inc.
SEC Advisory No. 2025-48
RevokedOperating without SEC Certificate of AuthorityUnlicensedDec 2025
QuickPeso Inc.
SEC Advisory No. 2025-50
RevokedOperating without license, no physical officeUnlicensedDec 2025
Easy Peso Lending Corp.
SEC Advisory No. 2025-49
SuspendedHidden fees and false advertising of interest ratesPredatory RatesDec 2025
Fast Track Finance Corp.
SEC Advisory No. 2025-44
RevokedUnauthorized lending operationsUnlicensedNov 2025
SwiftCash Inc.
SEC Advisory No. 2025-43
SuspendedPredatory interest rates exceeding BSP capsPredatory RatesNov 2025
MegaLoan Corp.
SEC Advisory No. 2025-39
RevokedUnauthorized operations, harassment, excessive chargesHarassmentOct 2025

Source: SEC Philippines public advisories. Updated monthly. Always verify at sec.gov.ph.

What To Do If You Borrowed From a Blacklisted App

A revoked lender cannot legally collect. Here's exactly what to do.

1

Stop Paying Immediately

A revoked lending company cannot legally collect. You are not legally obligated to pay a company operating without an SEC license.

2

Report to SEC Philippines

File a complaint at sec.gov.ph or call the SEC hotline. Include screenshots of the app, loan terms, and any harassment messages received.

3

Report Data Violations to NPC

If the app accessed your contacts without permission, file a data privacy complaint at privacy.gov.ph. You may be entitled to damages.

How to Spot a Blacklisted App Before You Borrow

These are the most common warning signs of illegal lending apps in the Philippines.

No SEC registration number displayed
All legal lenders must show their SEC Certificate of Authority number in the app and website.
Asks for full contact list access
Legal apps only need camera (for ID) and storage. Contact access is used for harassment and shaming.
APR not disclosed before signing
BSP Circular 1133 requires full APR disclosure. If you can't find the rate, walk away.
Approval in under 1 minute with no ID
Legitimate lenders do basic verification. Instant no-ID approval is a scam signal.
Threatens to contact your employer or family
This is illegal under the Data Privacy Act and SEC regulations. Report immediately.
No physical address or customer service
All SEC-registered lenders must have a verifiable Philippine business address.

Report a Suspicious Lending App

Know of an illegal or suspicious lending app not on our list? Help protect other Filipino borrowers. We review all reports monthly.

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Safe Alternatives — SEC Registered & Verified Apps

These apps are fully SEC registered and verified safe as of April 2026.

Tonik Bank (Score: 81)RCBC Personal Loan (Score: 79)UnionBank Quick (Score: 78)Maya GLoan (Score: 74)Tala PH (Score: 71)
View All SEC Registered LendersCompare Safe Loan Apps

Frequently Asked Questions

Do I still have to pay a blacklisted lending app?
No. A company with a revoked SEC Certificate of Authority cannot legally collect debts. However, consult a lawyer if you're unsure about your specific situation.
How often is this list updated?
We update this list monthly based on official SEC Philippines public advisories. The SEC itself issues new advisories regularly — always cross-check at sec.gov.ph.
What's the difference between Revoked and Suspended?
Revoked means the SEC permanently cancelled the company's license. Suspended means operations are temporarily halted pending investigation. Both statuses mean you should not borrow from them.
Can I get my money back from a blacklisted app?
If you overpaid due to illegal fees or harassment, you can file a complaint with the SEC and potentially recover funds. The NPC can also award damages for data privacy violations.
Is GCash, Maya, or Tonik on the blacklist?
No. GCash (Fuse Lending), Maya, and Tonik are all SEC-registered and BSP-supervised. They are among the safest digital lenders in the Philippines.