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Credit Loan

News updates related to Credit Loans

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Proposing banks to lend money to businesses to pay off bonds

The Ho Chi Minh City Real Estate Association proposed that the State Bank allow commercial banks to lend to businesses with secured assets to repay bond debt.

Couple involved in 50 people caught up in loan sharking ring

According to documentary evidence, recently, Vinh and Hue have lent more than 50 people a total of more than 500 million VND, with annual interest rates ranging from 144% to 720%. It is estimated that Vinh and Hue have illegally profited more than 450 million VND.
Borrowing 90 million from 'black credit', woman owes more than 10 billion

A woman borrowed 90 million VND from a loan shark with an interest rate of 2000%/year. After 2 years, the victim had to pay the creditor up to 10 billion VND.

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