Many Filipinos have fallen victim to illegal online lending. These groups use predatory and harmful practices against vulnerable borrowers. The sheer volume of complaints poses a significant challenge. The Philippine National Police (PNP) faces this challenge. It is a special responsibility for the PNP’s Anti-Cybercrime Group (PNP-ACG), which works to stop cybercrime activities. Fortunately, a legitimate lending company is stepping forward to offer supportive help. Cooperstone Lending Inc. is now committed to assisting the PNP-ACG in tackling these widespread issues. Their goal is to promote legitimacy, transparency, and ethical online practices. These principles are essential to support the PNP-ACG’s mission and protect Filipino borrowers from online scams.
A Mission to Combat Illegal Online Lending Activities
This vital partnership began with a formal courtesy visit on January 13, 2026. The team from Cooperstone Lending Inc. went to the PNP-ACG headquarters. David Balamon, the CEO of Cooperstone Lending, led the delegation. PR Manager Mhid Navarro accompanied her CEO to meet PNP-ACG’s head. They met with the PNP-ACG’s Director, Atty. Wilson Casil Asueta, Ph.D. The purpose of the meeting was to discuss a powerful collaboration. Their discussion focused on strengthening cybersecurity measures for online lending in the Philippines. They also explored ways to enhance consumer protection in the digital space. The ultimate goal is to prevent fraudulent financial activities to victimized more Filipinos.
During the meeting, the Cooperstone team clearly outlined their core mission, advocacy, and ethical practices. This was a demonstration of their commitment to legitimacy. They want their entire process to be transparent for every person who needs to borrow money. Cooperstone Lending believes firmly in conducting business through ethical online practices. They believe all Filipino borrowers deserve to understand how their finances are being handled. The lending company emphasized its deep commitment to operating within all established regulatory frameworks. This is how they will help build a safe and protected digital environment. It is a space designed for all Filipino consumers seeking financial help. This commitment directly supports the PNP-ACG’s mandates. It helps the police enforce cybercrime regulations specifically for online lending.
Stopping Filipino Borrowers from Becoming Victims
The problem of illegal lending is not new. The National Privacy Commission (NPC) previously called out 67 unlisted online lending companies. These organizations had victimized countless Filipinos back in 2019. Since that time, the PNP-ACG has received hundreds of new complaints. These complaints are against even more online lending applications (OLAs). Future Filipino borrowers must be educated. Proper education will prevent them from falling victim to these illegal OLAs and other financial traps.
Cooperstone Lending is making borrower education a top priority. The company aims to promote financial responsibility and public awareness. They want to teach people how to spot and avoid financial fraud. This cooperation with the PNP-ACG shows how serious they are. It highlights the importance of addressing emerging cybercrime risks. These risks are often linked to untrustworthy digital lending services. Both parties discussed key topics to finally resolve these issues.
Their discussions covered several critical areas:
They discussed the importance of maintaining a good credit score. This encourages responsible borrowing habits among Filipinos.
They planned the development of public awareness campaigns. These campaigns will help consumers identify legitimate and safe lending platforms.
They stressed the need for clear, compliant, and transparent lending processes. Every borrower should know the terms they are agreeing to.
They agreed on the need for strict adherence to existing regulations and national cybersecurity standards.
These key topics represent Cooperstone Lending’s proactive efforts. They are actively working to save victims of online scams and illegal lending activities. This is a major step toward aligning private-sector responsibility with the goals of the PNP-ACG. Such cooperation helps foster trust in the entire digital financing ecosystem. This engagement will help victimized Filipino borrowers recover from their bad experiences. It also creates a safer environment for future loan applicants. Most importantly, it will discourage many Filipinos from becoming victims in the first place. Cooperstone Lending Inc. is setting a new path. It is a path toward a more accountable and trustworthy online lending environment, especially during these trying times when many Filipinos need legitimate financial help.
