Erode: A pawnbroker was arrested on Thursday in ‘Operation Kanthuvatti’ (usury) for trying to extort more money from a borrower after repaying the loan amount with interest. Erode North Police identified the accused as Mr. Thirunavukkarasu, 41, from Periyavalasu. A police officer said Thirunavukkarasu lent Rs2.2 lakh to A MohammedRead More →
By Express press service CUDDALORE: An Armed Reserve Officer (AR) ended his life in Cuddalore for alleged harassment by a pawnbroker. Police have arrested a 30-year-old woman in connection with the case. Sources at Cuddalore SP office said Mr Selvakumar (27) from Maduvanaimedu village in Bhuvanagiri was a Constable attachedRead More →
PUNE Loni Kalbhor Police arrested a pawnbroker for allegedly extorting money, despite recovering the loan he gave to the victim PUNE Loni Kalbhor Police have arrested a pawnbroker for allegedly extorting money despite having recovered the loan he gave to the victim. According to the police, the incident took placeRead More →
Star digital report Mon Apr 18 2022 11:47 PM Last updated on: Tue Apr 19 2022 12:51 AM Rani Begum and her child. Photo: Sanad Saha/Star “> Rani Begum and her child. Photo: Sanad Saha/Star Police today arrested a pawnbroker accused of selling a woman’s newborn baby to earn interestRead More →
(STL.News) When it comes to borrowing money, it’s crucial to be as prepared as possible. Before you sign documents, you need to know what questions to ask your money lender. This will help you get the best possible loan for your needs. These are the few questions you should askRead More →
As of November 2020, strategists suspect the coalition may be the result of suggestions from the Reserve Bank of India. Large, well-regulated debt bankers with assets of over Rs 500 billion can be rated to be turned into banks. The companies said on Monday that India’s largest private lender HDFCRead More →
Representative image. (Source: iStock images) HIGHLIGHTS They allegedly assaulted him in December because he was unable to pay Satyavan had received a number of broken bones Ahmedabad: In another shocking incident, three loan sharks allegedly burned down the house of a 40-year-old man in the early hours of Friday. ARead More →
When looking for the best personal loan, licensed lenders are a good alternative to banks. Fast, easy and convenient, approved lenders speed up the process, turning what could take weeks into days. Depending on the type of personal loan, approved lenders are more lenient with their money, allowing them toRead More →
From major purchases to emergency expenses, many often turn to personal loans to fund such purchases. When you decide to take out personal loans in Singapore, you will be faced with two options: either acquire a personal loan from a bank or from an approved lender. Before deciding who toRead More →
CUDDALORE: ‘Ladies First’, a mobile helpline (82200 06082) launched by Cuddalore Police Superintendent S Sakthi Ganesan to help women in distress, saved a woman from humiliation and harassment at the hands of from a pawnbroker and gave her enough time to repay a loan she got from him. Police saidRead More →
/EIN News/ — SINGAPORE, Jan. 06, 2022 (GLOBE NEWSWIRE) — Cash Mart Singapore, a leading name in the lending industry, today announced that it acquired controlgreed.comone of the web’s premier financial resources for struggling individuals and families. Controlled Greed aims to inspire its readers to have stable finances and workRead More →
SINGAPORE, Jan 06, 2022 (GLOBE NEWSWIRE) – Cash Mart Singapore, a leading player in the lending industry, today announced that it acquired controlgreed.com, one of the Web’s main financial resources for individuals and families in difficulty. Controlled Greed aims to inspire its readers to have stable finances and to workRead More →
SINGAPORE, January 06, 2022 (GLOBE NEWSWIRE) – Cash Mart Singapore, a leading player in the lending industry, today announced the acquisition of controlgreed.com, one of the Web’s premier financial resources for individuals and families in difficulty. Controlled Greed aims to inspire its readers to have stable finances and to workRead More →
A woman with her hands cuffed. (PHOTO: Getty Images) SINGAPORE — A bank worker in need of money to pay off her growing debt has embezzled funds from her business to pay an approved lender who turned out to be a scammer. For two months, Nurashikeen Sinin embezzled money fromRead More →
A woman with her hands cuffed. (PHOTO: Getty Images) SINGAPORE — A bank worker in need of money to pay off her growing debt has embezzled funds from her business to pay an approved lender who turned out to be a scammer. For two months, Nurashikeen Sinin embezzled money fromRead More →
A woman with her hands cuffed. (PHOTO: Getty Images) SINGAPORE – A bank worker in need of money to pay off growing debt has embezzled funds from her business to pay off an approved lender who turned out to be a con artist. For two months, Nurashikeen Sinin embezzled moneyRead More →
A woman with her hands cuffed. (PHOTO: Getty Images) SINGAPORE — A bank worker in need of money to pay off her growing debt has embezzled funds from her business to pay an approved lender who turned out to be a scammer. For two months, Nurashikeen Sinin embezzled money fromRead More →
A woman with her hands cuffed. (PHOTO: Getty Images) SINGAPORE – A bank worker in need of money to pay off growing debt has embezzled funds from her business to pay off an approved lender who turned out to be a con artist. For two months, Nurashikeen Sinin embezzled moneyRead More →
Lenders give short-term loans and charge interest on the amount you borrow. Conduct a comparative study of any credible element list of lenders or provider registries can help you identify feasible options when seeking financial assistance. As with all financing options, selecting the most appropriate licensed and legally operating pawnshopRead More →
Pune, December 10, 2021: Detectives from the Pune City Police Anti-Extortion Cell Arrested 56-year-old loan shark who allegedly took 240% interest on a loan and also demanded Rs 12 lakh as a penalty for late payment. The accused has been identified as Vinod Rama Shinde of Rasta Peth. Piyush ShahRead More →
Pune Police booked three people under the anti-money lending law for allegedly recovering Rs 1 crore instead of Rs 22 lakh loaned to the plaintiff by one of the accused. Pune: Faraskhana police hired three people under the anti-money lending law for allegedly recovering Rs 1 crore instead of RsRead More →
Muzaffarnagar: A local businessman reportedly attempted suicide by consuming poison for “being constantly harassed by a pawnshop” in Shamli, Uttar Pradesh. Police said it was a monetary dispute and are investigating the matter. A commission agent by profession, Sanjay Bajaj, had taken out a loan with interest and was beingRead More →
The High Court of Kerala observed that it was highly unlikely that a check sheet from a checkbook exhausted in 1996 would be used by a drawer to discharge its liability which arose in 2000. Judge Gopinath P added that it was highly unlikely that a money lender would initiateRead More →
KUALA LUMPUR: A loaner program claiming to use Wisma MCA as an address is fake, says Datuk Seri Michael Chong. The head of the MCA’s Utilities and Complaints Department slammed the crooks at a press conference here Thursday (October 7) for using the building in their ruse. The crooks claimedRead More →
Only two in ten Dutch investors usually provide start-ups with the full amount of the investment at one time. The vast majority, eight out of ten investors, do not, and sometimes or even always choose to split the amount of a start-up investment. For example, they do it in installments,Read More →
Principal Correspondent: Assembly opposition leader Devendra Fadnavis scathingly attacks MVA on all issues Alleging that the government of Maharashtra wants to collect electricity bills like a pawnshop, the leader of the opposition in the State Assembly, Devendra Fadnavis said: due to COVID-19. On the one hand, instead of helping farmersRead More →
PUNE: Money lender, 60, has been accused of sexually assaulting a teacher in need of money by posing as a retired Deputy Commissioner of Police (ACP), calming her down, clicking on photos of her with him in compromising positions and using them to go further threaten her PUNE: Money lender,Read More →
Post views: 712 The pandemic has pushed up unemployment rates in many countries, and Singapore is no exception. This has led to an increase in cash requirements for personal reasons or emergency issues. The money lending business has become a vital part of Singapore’s economy. If you have lost yourRead More →
Businessman arrested Nana Gaikwad allegedly tortured his borrowers by hanging them upside down in a well at his home; Pimpri-Chinchwad police call on victims to come forward and file a complaint against him In a bloody act that will bring shame to mankind, a Pimpri-Chinchwad-based businessman and moneylender, Nana Gaikwad,Read More →
Three detained for murder of loan shark in Andhra Pradesh [Representative image]| Photo credit: iStock images Highlights The three defendants, identified as P Mabu Sharieff (28), K Sheikh Shashvali (25) and K Sheikh Shavali (32), were arrested by police on Thursday. The three kidnapped the loan shark after he pressuredRead More →
Venture lender Provident Financial Group has been given the green light from the High Court in London to pay partial compensation to mis-sold customers by its home loan business as it shuts it down. Provident said on Wednesday it had received a court ruling sanctioning its plan of arrangement, despiteRead More →
Devendra had taken out a loan of Rs 1 lakh from a pawnshop about 10 years ago. (Representative image) | Photo credit: iStock images Highlights The victim was identified as Devendra Singh, a resident of Sarai Qazi under the medical police station. The youngster was immediately transported to the medicalRead More →
Representation image | Photo credit: iStock images Highlights A high court dismissed the couple on July 23. The couple are in police custody until July 25. Six close to the pawnshop have also reserved in this case. Pune: On Saturday, a couple was detained by Chatushrungi police for murder andRead More →
AHMEDABAD: A resident of Khokhra stabbed the man he had borrowed money from, then surrendered to the police on Wednesday. Police arrested Jayeshgiri Goswami who claimed that the lender charged a high interest rate which led him to commit the act. Khokhra Inspector YS Gamit said the accused borrowed moneyRead More →
Tavarekere police arrested three people on Monday in connection with the murder of an RTI activist last week. Preliminary investigations revealed that the prime suspect, Pradeep Kumar TN, 33, a resident of Taverekere, had a financial dispute with Venkatesh, 43, an RTI activist. Pradeep reportedly hired Satish TC, 20, aRead More →
The government must limit the interest rates charged by approved lenders despite concerns previously raised by Finance Minister Paschal Donohoe that such a move could exclude some lenders from the market. The government announced Monday that it has approved the drafting of the Consumer Credit (Amendment) Bill 2021, the mainRead More →
The largest money lender operating in the state in recent years, Provident Financial, has stopped collecting payments from Irish borrowers and will cancel outstanding loans, after deciding last month to stop lending in the market. Provident had 18.3 million pounds (21.3 million euros) in loans outstanding at the end ofRead More →
Sinn Féin is seeking to amend a new bill it has proposed that aims to cap the interest rate charged by pawn shops. Currently, lenders can charge interest of up to 187% or 288% when collection costs are factored in. The consumer credit bill, proposed by Sinn Féin finance spokesmanRead More →
Mohali 64-year-old Kharar resident Maya Devi was murdered and her body dumped in a gutter in Morinda by a woman and her duo of sons after she demanded her return ??2 Mohali 64-year-old Kharar resident Maya Devi was murdered and her body dumped in a gutter in Morinda by aRead More →
The state’s biggest moneylender must stop issuing loans here. rovident is ending its subprime lending operations in that country and in the UK, where it is headquartered. The home loan operation has been losing money in both markets since before the pandemic. But her losses increased significantly last year whenRead More →
Ireland’s largest money lender, Provident Financial, has announced it will close its home lending business as Monday’s annual results highlighted the pressure from the coronavirus pandemic and growing complaints from clients on risk lenders. The move comes just days after Finance Minister Paschal Donohoe said the government planned to “gradually”Read More →
The finance minister is to present proposals to the government to gradually cap the interest rates that lenders can charge. Currently, lenders are allowed to charge interest rates with an annual percentage rate (APR) of up to 187%. Interest rate caps on money lending are in place in 21 EURead More →
Finance Minister Paschal Donohoe has said he plans to submit to Cabinet within weeks proposals that will “gradually” reduce the current 187.2% cap on the annual percentage rate (APR) on loans from approved lenders. . The minister made the statement during an Oireachtas finance committee hearing on a Sinn FéinRead More →
A pawnshop has been accused of complicity after a 52-year-old businessman committed suicide on Saturday in Unjha, Mehsana, after being harassed over the repayment of a loan of Rs 2 lakh and its interest, a the police announced. According to the police, Amrit Patel, a resident of Chandpad, was theRead More →
“Lenders take a new course, force borrowers to execute deeds of sale of property” Lenders are adopting a new way to avoid penalties for usurious loans by forcing borrowers to transfer their properties by registering deeds of sale instead of pledging them. Former DMK MP D. Radhakrishnan on Monday filedRead More →
SINGAPORE – An illegal money lender has granted a total of $ 8,400 in loans to at least 19 Filipino domestic workers and charged an interest rate of 20% per month, five times the maximum legal rate. Deputy Prosecutor Pavithra Ramkumar said the interest rate was sky-high, with the maximumRead More →