Regulatory compliance
Every law that governs how Aprubado operates as a matching service and how our SEC-licensed partner lenders lend, with direct links to the official text. We publish this list so any borrower or regulator can audit our claims.
We verify SEC Certificate of Authority numbers, BSP Circular 1133 s.2021 rate-cap compliance, and SEC MC 19 s.2019 disclosure requirements for every lender mentioned. Operated by Virix Labs as a disclosed Marketing and Technology Service Provider for Kviku Lending Co., INC.
- R.A. 9474
Lending Company Regulation Act of 2007
The foundational statute for non-bank lenders. Requires SEC incorporation plus a Certificate of Authority. Aprubado does not lend — every partner lender we match you with is registered with the SEC and holds an active Certificate of Authority under this Act.
Official source ↗ - R.A. 10173
Data Privacy Act
Governs the processing of personal information. Aprubado collects only what is required to match you to a partner lender and to pass your application on with your consent — no contact-list scraping, no photo-gallery access. Data Protection Officer reachable at dpo@virixlabs.com.
Official source ↗ - R.A. 9510
Credit Information System Act
Mandates reporting of loan performance to credit bureaus. As the matcher, Aprubado does not report loan performance. Each SEC-licensed partner lender reports to CIBI / TransUnion under this Act and updates the record upon resolution.
Official source ↗ - SEC MC 18 s.2019
Prohibition on Unfair Debt Collection Practices
Prohibits threats, profanity, contacting relatives or employers, and contact outside lawful hours. Aprubado only routes applicants to partner lenders that agree to our fair-collection standard: contact only 8 AM – 9 PM and no contact-list data collected at signup. Standard at /how-we-collect.
Official source ↗ - SEC MC 19 s.2019
Disclosure Requirements on Advertisements
Every lending advertisement must disclose the lender’s company name, SEC Registration Number, Certificate of Authority Number, and effective interest rate range. Aprubado presents these disclosures on behalf of the matched partner lender, and each lender’s offer screen repeats them before you sign.
Official source ↗ - SEC MC 3 s.2022
Annual Percentage Rate (APR) Disclosure
Requires APR disclosure before signing for loans above ₱10,000. Every partner lender’s offer screen and loan agreement disclose APR for the loan you are matched with, regardless of amount.
Official source ↗ - BSP MC 1133 s.2021
Interest Rate Cap on Unsecured General-Purpose Loans
Caps nominal monthly interest at 6%, effective monthly interest rate at 15%, and total cost of credit at 100% of principal for loans ≤ ₱10,000 and terms ≤ 365 days. Every partner lender’s pricing is bounded by these caps and their loan agreement discloses each component.
Official source ↗ - NPC Circular 20-01
Processing of Personal Data for Loan-Related Transactions
Establishes the Personal Information Controller / Personal Information Processor framework for loan data. The matched partner lender is the PIC of record for its loan applications. Virix Labs, operating Aprubado, is a disclosed service provider — Personal Information Controller only for pre-submission matching and marketing analytics (Meta Pixel and CAPI), and Personal Information Processor for the consented hand-off of your application to the partner lender.
Official source ↗ - NPC Circular 2022-02
Loan-related Transactions Privacy (Amendment)
Tightens the rules on lender access to borrower data and on data sharing. Aprubado collects only match-relevant data; no contact list, no gallery, no SMS access beyond OTP. Partner lenders must meet the same standard. Aprubado DPO: dpo@virixlabs.com.
Official source ↗ - SEC MC 10 s.2021
Online Lending Platforms (OLP) framework
Defines core lending functions (underwriting, credit decisioning, disbursement, and collection) which may not be outsourced by a licensed lender. Aprubado performs none of these — they are all performed in-house by the SEC-licensed partner lender. Aprubado’s role is strictly non-core (applicant acquisition, matching, landing-page hosting, attribution, ad operations), listed in each partner lender’s OLP reporting as an authorized acquisition channel under SEC MC 19 s.2019.
Official source ↗ - BIR RMC 97-2021
Tax obligations of digital service providers
Governs tax treatment of digital service providers. Aprubado accounts for referral/marketing fees paid by partner lenders under applicable tax rules; borrowers pay Aprubado nothing.
Official source ↗ - R.A. 7394
Consumer Act of the Philippines
Governs material-connection disclosure in marketing. Aprubado discloses openly that it is paid a referral fee by partner lenders and that it is a matching service, not a lender. Any sponsored or revenue-share link is labelled clearly.
Official source ↗
How Aprubado relates to the lenders
aprubado.ph is a free loan-matching and technology platform operated by Virix Labs (UK Co. No. 16325097). We connect applicants to SEC-licensed partner lenders, each with its own SEC Registration Number and Certificate of Authority. The relationship with each partner lender is governed by a written referral agreement, a data-sharing agreement, and, where applicable, an outsourcing agreement compliant with R.A. 10173 and NPC Circular 20-01.
Roles. The matched partner lender is the lender of record, the operator of record under SEC MC 10 s.2021, and the Personal Information Controller for its loan applications. Aprubado operates the landing site, the application wizard, the matching engine, the attribution and analytics layer, and the advertising operations. Aprubado does not lend, decide, disburse, or collect.
How we are paid. Borrowers pay Aprubado nothing. We earn a referral/marketing fee from a partner lender when a match leads to a funded loan. This fee is paid by the lender out of its own economics and does not increase the cost of your loan — your cost is set by the lender within BSP caps and disclosed before you sign. See /our-fees.
Continuity. If a partner lender leaves the panel, in-flight loans already funded by that lender continue to be serviced by it to completion; Aprubado simply stops routing new applicants to it.
Independent audit
Compliance reviews are performed monthly by the Virix Labs editorial team, including re-verification of each partner lender's SEC status. Material findings are logged and, where relevant, reported to the affected partner lender's Compliance Officer. Any borrower may request the latest review summary at compliance@aprubado.ph. Privacy questions: dpo@virixlabs.com (Aprubado / Virix Labs DPO).