Global Dominion fined for abusive debt collection

MANILA, Philippines – The Securities and Exchange Commission (SEC) has penalized Global Dominion Financing Inc. for engaging in unfair and abusive debt collection practices. This reinforces the regulator’s push to strengthen consumer protection in the financial sector. READ: sec-acts-vs-predatory-lenders-eyes-rate-caps In an order dated Jan. 28, the SEC’s Financing and Lending Companies Department (FLCD) found the