Republic of the Philippines

City of Manila

) s.s.

COMPLAINT
EASYCASH LENDING COMPANY INC. is a corporation duly organized and

existing under and by virtue of the laws of the Philippines wit h office
address at 9th Floor Times Plaza, Building, United Nations Avenue, Ermita,
Mani la, herein represented by JOHN ALBERT S. DACASIN, account
1
Specialist-Legal. A copy of the secretary s certificate authorizing Mr.
Dacasin to prosecute the case is herewith attached as Annex "A".
1.
On August 31, 2012, GIOVANNI R. VI LLADOS AND GIRLIE P.
VILLADOS, maker and co-maker, respectively, secured a loan from ELCI in
the amount of One Hundred Fourteen Thousand Nine Hundred Seventy
Seven (Php114,977.08) Pesos at an agreed interest rate of four and eighty
four percent (4.84%) per month with maturity date on February 18, 2013. A
copy of the promissory note evidencing the transaction is herewith
attached as Annex "B".
3.
Aside from the said promissory note GIOVANNI R. VILLADOS
AND GIRLIE P. VILLADOS, were made to sign a disclosure statement
pursuant to the provisions of the Truth and lending Act. They were also
made to sign a computation sheet and payment schedule as well as
disbursement voucher evidencing receipt of the check representing the
borrowed amount. Copies of the said documents are herewith attached as
Annexes "C", "D" and "E".
4.
In addition to the promissory note and prior to the approval
thereof, the Respondents were required to submit several requirements
which include submission of two (2) government issued identification cards.
11
11
A copy of two (2) identification cards are hereby attached as Annex F
5.
To guarantee the payment of the agreed monthly amortization
of the loan, GIOVANNI R. VILLADOS AND GIRLIE P. VILLADOS, was required
to issue six (5) post dated checks covering the months of October 18, 2012
to February 18, 2013. Accordingly, GIOVANNI R. VILLADOS AND GIRLIE P.
VILLADOS issued the said checks.
6.
The checks were deposited as they fell due. However, when
the checks covering the months of December, January, February and March
2013 became due and were deposited for clearing all were dishonored with
annotations on the checks " DAIF "( Drawn Against Insufficient Funds).The
dishonored checks were as follows;

BANK CHECK
Security Bank 0803112
Security Bank 0803113
Security Bank 0803114
Security Bank 0803115

DATE
Dec. 18,2012
Jan. 18,2012
Feb. 18,2012
Mar. 18, 2012

AMOUNT
22, 995.42
22, 995.42
22, 995.42
22, 995.42

REMARKS
DAIF(Annex G)
DAIF(Annex H)
DAIF(Annex I}
DAIF(Annex J)

7.
Immediately on March 29, 2013 ,notice of dishonor were sent
through our counsel to the defendants which they personally received as
evidenced by a photocopy thereof attached as Annex "K".
8.
That in view hereof, we are charging GIOVANNI R. VILLADOS
AND GIRLIE P. VILLADOS fo r 4 counts of violation of Bat as Pambansa Bi lang
22 otherwise known as the An t i Bouncing Checks Law, for issuing worthless
checks and despite repeated demands she fai led to make good t he amount
thereof.
9.
That we attest to the truth of the foregoing allegations. Based
on my personal knowledge and/or authentic records.

AFFIANTS FURTHER SAYETH NAUGHT.

Mani la, _ _ _ _ __ __

JOHN ALBERTS. DACASIN

Complainant

SUBSCRIBED AND SWORN to before me this

day of Oct ober 2015
in the City of Manila. I further certify tha t I have carefully examined the
affiant and I am satisfied that they had read and understood the contents
of their Complaint.

ASST. CITY PROSECUTOR

~~EasyCash
February 18, 2013
Maturity Date: -- - - - - - -

114,977.08

PN No. -

Amou n t : - - - - - - - - - - INC. TH

J)~

For value reccived_l/Wea joinllv and severally. promise. to oay t<1!J:!.~o.rder oftyEASYCASH LENDING COMPANY,
u
une Hun red Fourteen Tho'US8nd N1ne11unun:u ~ven seven Pesos and Eight Centavos

lf.fiJ,M.f.n8

(P
from

PN-SML-0046-Z

- --------

Four ~NT (

_), Philippine Currency, with interest at the rate of

10/18/201~ntil full y paid, according to the following schedule of payment:

October 18,2012
November 18,2012
December 18,2012
January 18,2013
February 18,2013

4.84%))per month

22,995.42
22,995.42
22,995.42
22,995.42
22,995.42

Note:
1.

2.

3.
4.

5.

6.

7.

I/We hereby authorize EasyCash Lending Co., lnc. to

deduct from the proceeds of my/our loan the processing fee
and other fees applicable.
Time is declared of the essence hereof, and upon default in
the payment of any of the above-stated installment as it
falls due, all other installments, including penalties and
other charges, shall become due and demandable.
All delayed installments shall incur a penalty of ten percent
(10%) every month.
Upon maturity, all unpaid penalties and unpaid interests
shall automatically become pan of the principal and shall
bear interest at the same rate stipulated above. Any
payments made by me/us shall be applied frrst to collection
charges and other fees, penalties, interests and principal in
that order.
Acceptance by EasyCash Lending Company, Inc. of
payment of any install ment or any pan thereof after the
due date shall not be considered as extending the time of
payment of any installments aforesaid or as modification
of any of the conditions hereof. Neither shall any partial
payment accepted by EasyCash Lending Company, Inc. be
construed as waiver or novation of our obligation under
this note.
In case of pre-termination. I/We agree to fully pay the loan
without any rebate on interest and to pay the corresponding
charges, if there any.
If to enforce payment under this note or the same is
delivered to any Attorney-at-Law for collection, we, jointly
and severally. shall pay. in addition to the aggregate sum

of the principal and interest due. as well as other fees,

charges and penalties as enumerated under the Disclosure
Statement on Loan/Credit Transaction to which we
acknowledge to have signed. and an additional sum
equivalent to Twenty Five percent (25%) of the principal
amount and interest due as anorney's fees. wh ich in no
case shall be less than PHP 10,000.00. aside fro m expenses
of collection and costs of suit.
8. In case of judicial or extrajudicial enforcement of this
obligation or any part of it. we hereby wai ve all our rights
under the provisions of Revised Rules of Court of the
Philippines. the Civil Code and other special laws.
9. If any one or more of the provisions contained in this note
shall be declared invalid, ille-gal or unenforceable in any
respect, the validity, legality and enforceability of the
remaining provisions contained herein shall not in any way
be affected or impaired.
I 0. Any legal action arising out of or in connection with this
note shall be brought in the proper courts of Metro Manila.
11. Fonnal demand. presentment and notices of dishonor and
protest are hereby waived.
12. Further, I!We authorize EasyCash Lending Co.. Tnc. to fill
out all the necessary information required in the
Promissory Note and Disclosure Statement which I/Wc
have signed in accordance with the policies in the granting
of loan. And. l/Wc authorize EasyCash Lending Co.. Inc.
to report and/or include my/our name in the negative
listings of any credit agency.

BY AFFIXING OUR SIGNATURES below, we hereby acknowledge having carefully read and understood the entire
promissory note and agree to all the terms and conditions stipulated herein. We likewise acknowledge to have rece ived a copy of
this Promissory Note.

~NDate:

August31 , 2012

~~

G.!W& f VtW"oo5
Gmi&Villados
Co-Maker

With Marital Consent:

Name, Address & Signature

Name, Address & Signature

Name, Addres & Signature

,.....,.,"""'" x' Signature

Times Plaza, UN Avenue

es Plaza, UN Avenue

9th noor Unit N28 Tlm<!s Pbu Buoldor-c\Jruted

!QbonsAvenue(Cor. T~ft A"'nue)

Etm.~

. EasyCash

1000

Te..phone numbers: 353-8525; 353-8524

Fox.3SWS08
emoll: loane!I~P!!

COMPUTATION SHEET AND PAYMENT SCHEDULE

NA.\1E

Giovanni F. Villados or

TYPE 01-

ADDRESS
1645 Unit<.: Eusebio St.,
Pandacan. Manila

TER"\1S

LO,~'i

In months

SML

from

to

8!31/2012

211812013

# of payments 5

COMPUTATION OF NET PROCEEDS

PrincipaV Amount Financed
L ess: Deduction
Adjustment Fee:
3.00% from 08/3112012to 09/18/2012
8.00%
Processing Fee
Account Management Fee
Doc f<:c
Notarial fcc
Total finance cbarge

100,000.00

2
Monthl>

Check No.

500.00
12.300.00

P!'l no.
Others:
Advance Payment
Opening of Bank Account
Outstanding Balance from previous loan

NO

New
RenC\\al Nth loan
Installment f~pe

1.800.00
8.000.00
2.000.00

Branch:

P'-l-. S\1L
I lead Office

2.500.00
14.800.00
MODE OF PAYMENT:

...:C:.:.:h~cc:.:.:k_ __

85,200.00

Net Proceeds

12.300o
4.84o
3.00%
246.13%
10.90% Release Date:
8/3 1/12
Agent:
WALK NIH. GARCIA

%of Finance charges to fotal Amount Financed

Contractual Interest Rate per \llonth
Equivalent Add-on Interest Rate per Month
Effective Annual Rate (EIR)
Effective Month!) Interest Rate (\IIIR)

SCHEDULE Of PAYMENT
Due Date

Period

Gross Loan

Amortization

laterest

Principal

Other Cbars!es
14,800.00

0
I

2
3
4

October
November
December
Januat)
February

18. 20 12
18. 2012
18.2012
18,2013
18. 20 13

Balance

100,000.00

100,000.00
22,995.42
22.995.42
22,995.42
22.995.42
22.995.42

4,840.00
3.96 1.28
3.040.03
2.074.18
1.061.60

18.155.42
19,034.14
19.955.39
20.921.23
2 1.933.82

114.977.08

14.977.08

100.000.00

100.000.00
81,844.58
62,810.44
42.855.05
21.933.82
0.00

Interest Rate of 4.84o/o is equivalent t the Add On Rate of 3/o per Month
Prepared I Verified b):
Released by:

1.\t PORTAN f REMINDERS:

I. Pa)' ouly 10 the uuthori/ed Cushier or Col t:ctor of EasyCash Lending Co.. Inc.
2. Always demand for an Official Receipt bearing the name of EasyCash Lending Company. Inc. everytime payment ismade to the authori7ed
Cashier or Collector. The company will not honor any future claim of payment if such amount is acknowledged or issued with an ordinary paper
(Provisional Receipt) or any receipt not o~\ned by Ea-;yCash Lending Co.. Inc.
3. Please pay your amortization dues on-time. Past dues will be charged with a penalty of 10% per month plus a holding fcc of5% of the check
amount in case of formal request for delayed deposits of check paymcnts.Payments made after due date shall be applied first to pcnnllics,
interest and principal.

0 II~'- A

-..._J

EASYCASH LENDING COMPANY

..,.

Manila

Disbursement Voucher
LAUOS

PAY TO

August 31,2012

Date

EXPLANATION

AMOUNT

85,200.00

Proc:eed5. on SMl of Giovanni F

T.M.2M~9~:

~~~1~

ed bv:
PreJ'a5EFF "SV

.;'hi!r\'ert t Preoaced Voucher

AMOUNT

Dr

Cr

ors.

Manager

Received from EASYCASH LFNOI~G COMPANY

E.1ghty Flv e TnousanaT~.o H'.moreu r'esos

Rec'bi"'-C:

85,200.00
-<~~ --------~

.soototfhe sum of

PFP

Acct. Mgt. Fee

Q_

.C._I1 / __ .-. -.CL- -. L-. ~ - - - - -

~1--L_

Opening ofBankAcct
NFP

;;

1"\o otct=nl1inn nn nnw

~~ ~2-

Doc. Fee

loan

Ull
CIB

Ar.count Name

~No

3013-4613-16
1

r)

AliGl"

0930~3- 461}7-1~
5~/821
<'

~ Pay to the

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EASYCASH LENOI'

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AS~

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886
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COMPANY INC.

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Date

'6:20

Ct-. No

RITNo

0000557821

t1et4

August 11, 2012

GIOVANNI F. VILlADcts
- - + -- - - - - - - - 1- - - - - - -- - - - -P

Order of.
.
EIGHTY~ lHOUSANO lWO

esos
-

( ;BANK OF THE
g ~ ' PHILIPPINE ISLANDS
NUEVA BRANCH

Hf'NUKtU PtSOS UNL ,.....

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MANILA PRESS BLD G. , 492 NUEVH .

BINONDO. MANILA

8S,2D_O.OO

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SEAFARER' S REGlSTRATiON CERTlFICATE

G:O'J/l. NNI ~!!~I:. \IJ!..LAOOS

..

HE.Au ~TENDER

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REPUBLlC OF THE PHlllf'PINES

2077034

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Republic of the Philippines

, Social Security System

GIOVANNI FERIL VILLADOS~

03-9364751-0

JULY 29, 191111

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PROUD TO BE A FILIPINO

(t

POSTAL IDENTITY CARD

C2S

CARTE D'IDENTfTE POSTALE

'

-- .=:zjrl

ACCOUNT NO.

CHE(X NO.

ACCOUNT NAME

111-006576-6

ACCOUNT110.

111-006576-6

,0803112

ACCOUNT NAME

' ' c~ECK NO.

o\\\-~~'-\l4:\ -o~

... /'

0803113

' JIT'NO

JQl014
0073

Date _.J
--'~
-\-=-~-t-2-C>
_ _::,~:........----=-

ACCOUNT 110.

111-0065 76-6

CHECK NO.

ACCOUNT NAME

......;lt\. - \)\_\;~

J_

Y.\ -

~~

0803114

ACCOUNT NO.

111-006576-6

Unit 209 Madrigal Building,

Escolta, Binondo, Manila
Office No.: (632) 245-7523

BOP LAW OFFICES

March 29, 2013

Mr. Giovanni F. Villados

Block 6 Lot 1 Rocka Ville
Plaridel, Bulacan

Mr. Villados,
Our client EASYCASH LENDING COMPANY INCORPORATED has referred to us
the matter of instituting the appropriate legal action against you in connection with
the following returned checks:
Bank

Check

SECURITY BANK
SECURITY BANK
SECURITY BANK
SECURITY BANK

803112
803113
803114
803115

Date
December 18, 2012
January 18, 2013
February 18, 2013
March 18, 2013

Amount
Php :p,995.00

22,995.00
22,995.00
22,995.00

It appears that the aforesaid checks were issued in exchange for the granting
of our client a loan in your favor.
Needless to state such act of drawing checks without sufficient funds
constitutes a criminal offense violating B.P. BLG. 22 and Article 315 of the Revised
Penal Code.
In view of the foregoing, DEMAND is hereby made upon you to pay the
aforesaid amount within five {5) days from receipt hereof. Failure or refusal to do so
shall constrain us to file the appropriate legal action against you with immediate
dispatch in order to protect the interest of our client and pursuant to her instruction.
Best regards.