ONE involves loan sharks preying on their debtors from the Philippine National Police, both active and retired. Another involves debtors who really have no intention to pay their loans and if given the opportunity would run away from their responsibilities.
This is the problem which right now is confronting the PNP headed by Director General Oscar D. Albayalde prompting the PNP leadership to seek a ‘win-win solution’ to address the predicament of some active and retired police officers and men who have been mired in debt from so-called loan sharks operating right inside or outside the PNP national headquarters in Camp Crame.
The matter was discussed during a recent joint PNP-Armed Forces command conference in Malacañang Palace presided over by President Rodrigo Duterte.
The predicament of some PNP personnel facing financial woes due to indebtedness from loan sharks, however, is not solely to be blamed on lending companies, Journal Group sources who spoke on condition of anonymity said.
“Sa totoo lang maraming pulis ang may problema dito. Bakit ka uutang kung wala kang intention magbayad,” said one source. He cited the big need for some policemen who have the habit of making loans left and right to change their ways.
“Eto yung mga pulis na utang lang ng utang pero ayaw magbayad. Pag hindi naman naaksiyunan ng Finance Service ang gusto nilang terms eh magrereklamo na sa media o sa Ombudsman,” he said.
These are the police officers and men who really know that when it comes to making bank or credit card loans, it is but normal for them to pay interests and penalties when they fail to pay on time.
However, the official said that upon the presidential instructions, the PNP and the Armed Forces have no recourse but to stop using the facility of the police and the military specifically its finance divisions as a ‘collecting agency’ to collect automatic loan deductions from PNP and AFP borrowers.
Another official said it is easier said than done however since they might create the misconception that the police and the military are running away from their obligations and previous contracts with the lending companies or other institutions which may end up in future legal problems.
PNP spokesman, Chief Superintendent John C. Bulalacao said the PNP Finance Service continues to defer all salary deductions for loan payments to six lending firms that had been the subject of complaints by creditor PNP members due to alleged excessive interest rates and over collection.
“Because of the stoppage of loan payment deductions, creditor PNP members will have to settle their obligations directly with the lending firms to avoid penalties and surcharges,” he said.
Bulalacao said that on orders of the Chief PNP, the PNP Committee on Accreditation and Automatic Deduction (CAAD) is also continuously conducting an inventory of PNP personnel who have been victimized by loan sharks.
The CAAD has identified six lending firms that were the subject of numerous complaints. They are the Government Civil Servants Multi-Purpose Cooperative (GCSMPC), Yaman at Kabuhayan ng Kawal at Pulis Multi-Purpose Cooperative (YAKKAP MPC), Finance Family Multi-Purpose Cooperative (FFMPC), Kooperatiba ng Pulis at Sundalo Multi-Purpose Cooperative (KOOPULIS MPC), Pulis Kapit Bisig Multi-Purpose Cooperative (PKBMPC) and Tagapagtaguyod Multi-Purpose Cooperative (TMPC).
Two months ago, 74 PNP personnel, some coming from as far as the Autonomous Region of Muslim Mindanao filed individual complaints before the PNP Finance Service against the continued salary deductions beyond the payment terms in their loan contract with the lending firms.)
Gen. Albayalde also instructed the CAAD and concerned Directorial Staff to purge the list of accredited private lending institutions that provide financing services to PNP members in coordination with the Cooperative Development Authority and the Bangko Sentral ng Pilipinas.
Last March, officials said some senior police officials were behind the operations of these multi-purpose cooperatives or MPCs. One of the six, the TMPC, is chaired by an active police one-star general.
The others are the PKBMPC chaired by a PNP non-uniformed personnel with the active general as vice-chairperson; the GCSMPC chaired by a retired police general; the YAKKAP MPC chaired by an active Superintendent; the FFMPC chaired by an active Senior Police Officer 4; and the KOOPULIS MPC chaired by another active Superintendent.