
Security Bank eSALAD
I received this text from Security Bank (I assume) and the offer is a bit sketchy and misleading.
Wala man lang disclosure of interest rate and charges?
I even did an effort to check their website about this loan offer and wala rin concrete information about the interest rate. They just say 0.55 to 5%, or 0% if eSALAD lite (which is also misleading people to believe their loans are 0%)
Imagine if a person gets enticed and simply followed their instructions of replying/texting back without knowing what the terms of their payments are??
This doesn't seem compliant with whatever laws or policies we have for loans.
Any thoughts?