high interest rates

Authorities dismantled a loan sharking operation disguised as a business.

The group involved in usurious lending practices used sophisticated methods, disguising their business activities at RA68 Company.

Emergency search conducted at the headquarters of GFDI Investment Consulting Co., Ltd.

Forces from the Da Nang City Police are currently searching the headquarters and other branches of GFDI Investment Consulting Co., Ltd.

Customers surround GFDI company in Da Nang demanding refunds: Latest information

On November 2nd, GFDI Investment Consulting Co., Ltd. launched an incentive program to raise loan funds, but ceased operations on November 6th.

Authorities arrest loan sharking ring dealing in billions of dong.

The group consisting of Tài, Thảo, and Phương, residing in Hoàng Mai town (Nghệ An province), have just been arrested by the police for usury.

Left penniless after investing in a finance company: Victim recounts the fundraising scheme.

The director of VietNam Capital Finance Joint Stock Company (155 Dien Bien Phu branch, Da Nang) went to the badminton court, bought snacks, and then went to a customer's house to have a drink and invite more people to deposit money.

Many people end up empty-handed after depositing their savings with finance companies.

Approximately 40 people in Da Nang deposited over 13 billion VND in savings with Vietnam Capital Finance Joint Stock Company, but when it came time to withdraw their principal and interest, they were not paid.

How can workers avoid the 'trap' of predatory lending?

Illegal lending is infiltrating industrial zones and export processing zones in more discreet and sophisticated forms, therefore decisive and thorough solutions are urgently needed.

Why are businesses hesitant to borrow despite lacking capital?

With declining orders and persistently high interest rates, many businesses in Ho Chi Minh City, despite being short of capital, are very reluctant to borrow for production.

Ho Chi Minh City: Tan Binh District Police dismantle a loan sharking ring charging interest rates exceeding 300% per year.

The Tan Binh District Police have just dismantled a loan sharking ring that charged interest rates exceeding 300% per year, without requiring collateral or paperwork.

Authorities dismantled three companies operating illegal lending schemes, which had illegally profited over 4 trillion VND.

From April 2019 to April 2023, three finance companies in Ho Chi Minh City disbursed loans totaling over 2 million transactions, amounting to more than 6.072 billion VND, and illegally profited over 4.123 billion VND.

Criminal detention has been imposed on the ringleader of a loan sharking operation charging nearly 200% interest per year in Lai Chau.

Between 2021 and the present, Tran Van Lan (born in 1988, residing in Lai Chau City) has lent billions of VND to numerous individuals at interest rates ranging from 109,5% to 182,5% per year.

After the Lunar New Year, which bank offers the highest interest rates?

After the Lunar New Year, with many people having surplus cash, depositing it in savings accounts is one of the channels that many are interested in, especially given the current relatively high interest rates.

Thanh niên 18 tuổi cho vay lãi suất 'cắt cổ' ở Cần Thơ

Thanh niên này khai nhận, trong 2 tháng đã cho 69 người vay với số tiền từ 1 đến 10 triệu đồng, lãi suất 20%/tháng.

Hứa trả lãi cao, đôi vợ chồng lừa vay hàng tỷ đồng rồi bỏ trốn

Sau khi lừa vay nợ của nhiều người ở TP Vinh, Nghệ An và hứa sẽ trả lãi suất cao, cặp vợ chồng Thắm và Dũng ôm hàng tỷ đồng bỏ trốn.

Unusual impacts on bank stocks

The Prime Minister's request to reduce interest rates and increase credit growth to at least 20% instead of the previously projected 18% is a positive signal that will strongly impact the group of bank stocks listed on the stock exchange.

High savings interest rates: Only for the wealthy.

Many banks offer high interest rates of 7,9% per year or more to customers, but only on the condition that these "big spenders" deposit hundreds of billions of dong.

Falling into the 'trap' of a beautiful bank employee luring him with loan interest rates as high as 84% per year.

Financial companies and credit institutions often recruit attractive and appealing employees to work in supermarkets and shopping malls to advise and provide consumer loan and installment payment services.

Aggressive loan shark gangs hold debtors hostage and demand ransom.

A violent loan shark gang drags debtors into a car, beats them up, and then forces the victims' families to bring money to ransom them.

Ngân hàng nào đang có lãi suất tiết kiệm cao nhất?

Sau Tết, gom góp được lượng tiền mặt không nhỏ, nhiều người dân “săn” ngân hàng có lãi suất tiết kiệm cao nhất.

'Hunting' for the bank with the highest interest rate.

(VTC News) – Interest rates are trending downwards, but some banks are still catering to customers by creating conditions to increase their interest rate benefits.

Hanoi: Man borrows 50 billion VND then absconds.

(VTC News) – Using the tactic of high interest rates, Cham borrowed 50 billion VND and then absconded in an attempt to embezzle the money.

Lừa đảo 13 tỷ đồng, cán bộ đại học lĩnh 18 năm tù

(VTC News) - Sáng 17/1, sau một ngày xét xử và nghị án, TAND tỉnh Khánh Hòa đã tuyên phạt bị cáo Hoàng Thị Thuyên 18 năm tù về tội lừa đảo chiếm đoạt tài sản.