Access Cash Lending – Loan scam

The FMA has received a report of a victim who has lost money after applying for a loan with Access Cash Lending.  

The victim was required to pay fees and taxes before the loan would be processed. Access Cash Lending claimed the FMA was preventing the loan from being issued because of Anti Money Laundering (AML) concerns.  

The FMA does not require payment of fees from the public in relation to AML. 

We also recommend caution if a lender claims the approval of a loan is guaranteed, or doesn’t require a credit check or proof of income.  

For more information on what to look for when getting a loan, check out the Commerce Commissions website:  

Commerce Commission - Know what to look for when getting a loan 

Entity Name: Access Cash Lending
Website: www.legallyloanservices.com (inactive)
Email: N/A
Address: (Alleged) 2^nd Floor Luz Plaza Building Pilahan St. Sabang Lipa City, Batangas, 4217 Philippines.