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high-interest loans

News updates related to high-interest loans

Cho vay lãi nặng 360%/năm, gã đàn ông bị bắt khi ép 'con nợ' ký giấy

Man arrested for lending money at exorbitant interest rates of 360% per year while forcing debtors to sign promissory notes.

In a short period of time, by lending money at exorbitant interest rates, Hoang illegally profited hundreds of millions of dong. When the debtors were unable to repay, he forced them to sign promissory notes.

Pawnshop owner arrested for running loan sharking ring charging 360% interest per year.

Under the guise of running a pawn shop, Toan recruited many tattooed henchmen to run a loan sharking ring charging interest rates as high as 360% per year, earning billions of dong in illicit profits.
Two individuals involved in usurious lending were arrested in Tan Ky district.

Taking advantage of people's urgent need for money, Lang Thi Nam and Nguyen Van Vinh lent money to residents in Tan Ky district at interest rates as high as 85,000 VND per million VND per day.

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