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Date: April 21, 2023, 8:26 p.m.

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Date: 2023-04-24 09:27:26.000000

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Date: 2023-04-24 14:19:26.000000

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Legality of "Going Loans" Mobile Application and Its Collection Method

Published by Securities and Exchange Commission(SEC) on April 21, 2023.
Requested from SEC by R. Benito at 08:26 PM on April 21, 2023.
Purpose: General FOI Querry
Date of Coverage: 01/01/2022 - 04/21/2023
Tracking no: #SEC-870241311088

R.BENITO April 21, 2023, 8:26 p.m.

Good day, I would like to know if the "Going Loans" mobile application in Google Play Store with the link https://play.google.com/store/apps/details?id=com.loans.customer.application&pli=1 is legally operating. I would also like to know if their collection method for their customers is legal. I do not have any loans with the said app, but they called me as a reference for one of their customers. You may also look at the message they sent to my friend who gave me permission to share the screenshot with you through the link https://disk.yandex.com/i/_lhREzJnYG2jv Hoping to hear from you soon.

R.BENITO April 21, 2023, 8:36 p.m.

There seems to be a problem with Yandex Disk. Please use the link https://drive.google.com/file/d/1tHT8oacyI3VdyPfTPvc1EjrsvLozzCt6/view?usp=share_link instead. Thank you.

I.GONZALES April 24, 2023, 9:27 a.m.

April 24, 2023 Dear Renz Gerard, Thank you for your request dated Apr 21, 2023 under Executive Order No. 2 (s. 2016) on Freedom of Information in the Executive Branch, for Legality of "Going Loans" Mobile Application and Its Collection Method. We received your request on Apr 21, 2023 and will respond on or before May 12, 2023 08:26:52 PM, in accordance with the Executive Order's implementing rules and regulations. Should you have any questions regarding your request, kindly contact me using the reply function on the eFOI portal at https://efoi-ph.appspot.com/requests/aglzfmVmb2ktcGhyHQsSB0NvbnRlbnQiEFNFQy04NzAyNDEzMTEwODgM, for request with ticket number #SEC-870241311088. Thank you. Respectfully, Isma Gonzales FOI Officer

A.ERMITAÑO April 24, 2023, 2:19 p.m.

April 24, 2023 Dear Renz Gerard Benito, Greetings! Thank you for your request dated Apr 21, 2023 08:26:52 PM under Executive Order No. 2 (s. 2016) on Freedom of Information in the Executive Branch. Your request You asked for Legality of Going Loans Mobile Application and Its Collection Method. Response to your request We were able to determine that this particular information is already available online and therefore cannot be counted as a valid FOI request. You may retrieve your requested information from https://www.sec.gov.ph/lending-companies-and-financing-companies-2/list-of-recorded-online-lending-platforms/#gsc.tab=0. Your right to request a review If you are unhappy with this response to your FOI request, you may ask us to carry out an internal review of the response by writing to Commission Secretary at [email protected]. Your review request should explain why you are dissatisfied with this response, and should be made within 15 calendar days from the date when you received this letter. We will complete the review and tell you the result within 30 calendar days from the date when we receive your review request. If you are not satisfied with the result of the review, you then have the right to appeal to the Office of the President under Administrative Order No. 22 (s. 2011). Thank you. Respectfully, Asst. Director Nolivienne Ermitaño FOI Officer

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