The Securities and Exchange Commission (SEC) has stopped the operations of 11 online lending applications as it intensified its crackdown on unregistered online lending operations.
The SEC said it issued cease and desist orders against Cash Whale, Cash 100, Cashafin, CashFlyer, CashMaya, Cashope, Cashwarm, Cashwow, Creditpeso, ET Easy Loan and Peso2Go on September 20.
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