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usury

News updates related to usury

Bắt 2 đối tượng cho vay lãi nặng ở huyện Tân Kỳ

Arrested 2 loan sharks in Tan Ky district

Taking advantage of people's urgent need for money, Lang Thi Nam and Nguyen Van Vinh lent money to people in Tan Ky district at interest rates of up to 85,000 VND/million VND/day. When the borrowers were unable to repay the debt, the subjects found every way to threaten them, causing insecurity and disorder in the locality.

Prosecution of female creditor for online lending 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.
Arrest of loan shark, illegally profiting hundreds of millions of dong in Nghe An

Taking advantage of the difficult economic situation and the need of some local people to borrow money for business, Nguyen Thi Dieu lent many people a total amount of billions of dong, thereby illegally profiting hundreds of millions of dong. This subject was recently arrested by Nghi Loc District Police for the act of lending at high interest rates in civil transactions.

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