November 29, 2022

JuanHand Online Loan App: Secured Privacy, with SEC Approval

4 min read
JuanHand Online Loan App: Security, Privacy, with SEC Approval

JuanHand Online Loan App: Security, Privacy, with SEC Approval | Photo by Franck on Unsplash

Industry Daily Observer | JuanHand Online Loan App: Secured Privacy, with SEC Approval | For Filipinos looking for a digital cash lending partner, JuanHand is the way to go. The company’s mission is to enhance the lives of Filipinos by giving them instant access to cash during times of crisis. A mobile app that is reliable, registered with the Security and Exchange Commission (SEC) of the Philippines, and trusted to keep customers’ privacy, JuanHand offers cash loans easily and conveniently through your smartphone.

Online loan apps have become more and more popular for people looking for ways to borrow cash, especially in the past couple of years when the lockdowns due to the pandemic have made it more difficult to go to banks and prepare requirements for bank loans. But due to the rise of the number of available OLA, the customer issues surrounding it have also increased.

One of the main issues for OLA clients is privacy. There have been reported cases wherein some loaning companies have caused public humiliation, such as publishing names in newspapers, as a method of collecting upaid loans. In fact, in 2019, the National Privacy Commission (NPC) of the Philippines shut down 67 OLA companies because of this issue.

There is also an issue of security. To be a legitimate lending company, online lending apps should be registered with the Philippines Securities and Exchange Commission (SEC) to receive authorization to operate. The SEC has been active in dealing with such issues by also stopping the operations of unauthorized lending groups.

So, how is JuanHand faring in terms of security and privacy? It seems clear that JuanHand deserves a 5-star rating because it has complied with, and surpassed, issues of privacy and security.  JuanHand, through WeFund Lending, has been given financing license by the SEC with Company Registration No. CS201825672 and Certificate of Authority No. 2844. You may view the SEC website if you want to double-check. JuanHand is also a submitting entity of Credit Information Corporation, further establishing its authority as a lending company.

What’s more, because all of the app’s user data is encrypted and safeguarded in accordance with NPC rules, JuanHand has been proven to be safe and secure to use. In accordance with the Data Privacy Act of 2012, JuanHand will never ask for private information like your credit card details or social security number without first obtaining your explicit permission. At the outset of the app’s registration process, you’ll be required to read the app’s extensive Privacy Policy.

A little research will reveal that JuanHand is one of the best and most used digital cash loan options for Filipinos, with more than 3 million app downloads and with more than 800,000 active loans at present. You can affirm their legitimacy by browsing through JuanHand’s website (https://www.juanhand.com). You can even visit their site office in Metro Manila at this address: Trade and Financial Tower, 32nd St. Cor. 7th Ave., BGC Taguig, Philippines 1630.

Still need more proof of JuanHand’s credibility and security? WeFund Lending Corporation, which runs JuanHand, is a subsidiary of one of the most prominent FinTech firms in Asia– FinVolution Group. This Fintech firm is a member of the New York Stock Exchange (NYSE: Ticker FINV). Additionally, JuanHand has established partnerships with highly trusted companies like UnionBank, Sun Life Grepa, Trusting Social, Lazada, SkyPay, and others. These indeed provide you with greater confidence to use the mobile application.

JuanHand app is safe, legit, and secure.  Additionally, we can discover that there are a lot more advantages to using this OLA:

  • Fast and simple.  With JuanHand, no collateral property is needed to obtain a loan. All you need to present is one (1) valid government ID.
  • 100% Online. Apply for a loan in the comfort of your home or on the go by just installing the JuanHand app on your mobile phone.
  • Growing credit limit. First-time borrowers through JuanHand will have a lower maximum loan amount, but as you continue paying your dues on time, you will be given higher maximums.
  • Efficient Customer Service. JuanHand promises to make communication easy for clients. You can contact them via JuanHand App and via email. 

JuanHand is committed to providing the best and most efficient customer service possible because of its conviction in the value of open lines of communication. For this reason, they’ve made it simple for customers to get in touch with them via the JuanHand App and email, which are both available 7 days a week during office hours. They will be eager to lend a helping hand with a simple conversation.

Ready to make an online loan through JuanHand? Check out this link to know the answers to Frequently Asked Questions (FAQ).  

Ultimately, it is reassuring that JuanHand as a company is dedicated to raising the standard of living in the Philippines by lending a helping hand to our fellowmen. In this time of economic uncertainty, JuanHand’s pledge to aid all Filipinos as soon as possible by providing convenient, safe, and dependable financial services is much appreciated.