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usurious interest rates

Latest news regarding predatory interest rates
Khởi tố nữ chủ nợ cho vay online với mức lãi 'cắt cổ'

Prosecution of female creditor for online loans with 'exorbitant' interest rates

Without a stable job, Tran Thi Huong Giang searched for customers on social networks like Facebook and Zalo who needed to borrow money to lend at interest rates ranging from 4,000 VND/million VND/day to 50,000 VND/million VND/day, equivalent to an interest rate of 146%/year to 1,825%/year.
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Managing agency: Nghe An Provincial Party Committee

Editor-in-Chief: Tran Minh Ngoc

Electronic newspaper operating license number: 153/GP-BTTTT

Issued by the Ministry of Information and Communications on March 24, 2022

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