
The most valuable sentence to include in a promissory note.
When lending money, what should be included in a loan agreement? You need to be aware of the following points, especially including a crucial clause to minimize the risk of default.

When lending money, what should be included in a loan agreement? You need to be aware of the following points, especially including a crucial clause to minimize the risk of default.

Because of a small loan, a family in Hanoi became entangled in a complex legal battle, forced to spend over 1,8 billion VND to reclaim their own home.

I'm always stressed out about having to borrow money at the end of the month - and then repay it with my salary; but my husband, due to his pride, refuses to go back to his hometown, afraid of being laughed at and considered a failure.

The National Competition Commission, Ministry of Industry and Trade, has issued a list of precautions to help consumers avoid being harassed or threatened by phone calls during the process of recovering consumer finance debts.

There are cases where people borrowed gold many years ago, and now that the price of gold has increased many times over, they want to repay the debt with money. What does the law stipulate in this case?

In modern life, managing personal finances is not only the responsibility of young people but can also affect the entire family.

South Asia, encompassing India, Pakistan, Bangladesh, Bhutan, Nepal, Maldives, and Sri Lanka, is experiencing prolonged turmoil due to both political and economic instability.

The debt of a few hundred million dong to my wife's family is just a small amount, but she absolutely refuses to pay it off for her parents-in-law, causing me to lose face with the whole family.

This year, the Ba Chua Kho Temple (Bac Ninh) is free from the crowds and the lavish offerings of food brought to "pay off debts" that were common in previous years.

After being forced to sign a promissory note, Mr. T. was taken by his creditor to a rented room, locked inside, and confined by the door.

The Investigation Police Department of Le Chan District (Hai Phong City) has detained a suspect for possessing military weapons and firing a gun, injuring one person.

Vietcombank is implementing a policy allowing individual customers to borrow funds to repay loans at other banks early, with interest rates starting from just 6,9% per year.

TNC (25 years old) borrowed money but was unable to repay it. Under pressure, he came up with the idea of redirecting debt collection calls to the Ministry of Public Security's hotline.

When harassed by debt collectors, two individuals in Bac Giang transferred calls to the Ministry of Public Security's hotline, affecting the process of receiving and verifying reports from the public.

The Quang Nam Provincial Police have discovered that employees of Mirae Asset Company were involved in the buying and selling of personal data of approximately 150.000 Vietnamese people.

Despite the pleas of Mrs. Nguyen Thi Thanh (78 years old), residing in Long Thuan hamlet, Long Tri commune, Chau Thanh district, Long An province, the gang of thugs continued to smash her belongings until everything was completely destroyed before leaving.

Lending money to these types of people will not only cost you money and relationships, but could also bring trouble upon yourself.

After being extradited from Quang Binh to Hanoi, Phung Van Vinh confessed to the reason for murdering the woman in the mini-apartment building in Quan Hoa ward, Cau Giay district.

No one can confidently say they've never borrowed money, but no matter how desperate you are, avoid borrowing from these six types of people.

Hoping for a lucky and prosperous new year, tens of thousands of people flock to the Ba Chua Kho Temple (Bac Ninh) on the fourth day of Tet to ask to be "debtors".

Many residents in Ha Long City (Quang Ninh province) have filed petitions requesting authorities to investigate the fraudulent activities and appropriation of property by an individual.

From December 1, 2020 to the present, Ho Chi Minh City police have handled 347 cases of throwing dirty substances and making threatening phone calls related to "loan sharking" activities.

During their marriage, the Director of the Lam Dong Department of Justice signed two loan agreements, and his wife has just been arrested for misappropriation of assets.

Ms. Bui Thi Mai Lien took advantage of her husband's position as Director of the Department of Justice of Lam Dong province to borrow hundreds of billions of VND from officials of the Provincial Party Committee, the Provincial People's Committee, banks, police, and the public.

When confronted with the creditors about the loans at the appeal trial, the creditors stated that Lam Quyet and his wife had defaulted on payments more than 40 times.

Regarding the information that Yen Dinh district borrowed over 50 billion VND but is unable to repay it, the Chief of the District Party Committee Office stated that they have not yet received any debt collection letters.

The Secretary of the Yen Dinh District Party Committee (Thanh Hoa province) is reviewing the debts of over 50 billion VND owed by the District Party Committee and the District People's Committee, which have been reported in several newspapers in the past few days.

Although GDP increased by 25,4% after the revision, experts are concerned that borrowing and spending will continue to expand while revenue remains unchanged.

Despite high real interest rates, commonly 20-30% per year, or even 60-70%, many Vietnamese people still take out consumer loans from finance companies to buy houses, cars, and other things.

Having borrowed 1 billion VND at high interest rates but being unable to repay it, Ms. Bich was forced by her creditor to sign a notarized agreement to sell her house, which was worth many times the amount borrowed.