loan sharks

Update news loan sharks

Efforts underway to wean workers away from loan sharks

Despite being aware of the usurious interest rates charged by loan sharks and the consequences of failing to repay, many workers still turn to them when they are in urgent need of money.

Village saving helps address money need in northern highlands

The wind whistles through Lau Thi Xinh's hair as she drives her motorbike down the mountain.

Tables turned on loan sharks

 VietNamNet Bridge – Loan sharks have a reputation for violence, but the tables got turned on some debt collectors recently.

Loan sharks traps poor people

The recent rise in ‘black credit’ has trapped individuals and families in big cities of Hanoi and HCM City as well as other provinces. When approaching this source of funds, most borrowers fall into the high interest trap

Loan sharks cause suffering in Mekong Delta, central provinces

On May 9 police in Sa Dec City accosted Nguyen Van Thu at a car wash in Ward 1 and seized notebooks with records of his loans, more than 400 deposit contracts and identity documents and 3,000 flyers