A Johor man has taken to social media to warn others about a new scheme used by loan sharks to extort money from innocent victims In a now-viral Facebook post, user Afzan Mohd Arif shared how his ...

The Karnataka cabinet approved amendments to strengthen penalties against cooperative societies and pawnbrokers charging excessive interest rates, following concerns by the state governor.

The accountant only known as Chin, flanked by Gerakan officials, holding up a screenshot of a Facebook group in which her details had been posted by the loan shark. A 35-year old accountant lodged ...

A previously law abiding man was driven to robbing a Sandwell shop and threatening staff with a hypodermic needle to pay back a ruthless loan shark. Martin Compton admitted robbing a Sandwell shop ...

Personal loan is a popular type of loan available in India. This loan is not limited to any specific usage, that is, it can be used for meeting any type of personal financial needs such as ...

Dozens of teenage baseball players across the Dominican Republic lay in bed, unable to close their eyes. They had batted, ...

This document can be downloaded as a PDF. How the result arrived at The formula used for arriving at the EMI is: EMI = [P x R x (1+R) ^n] / [(1+R)^ n-1] Here, P= Principal loan amount, R= Rate of ...

Cigno director Swanepoel was also involved in the Credit Act breaches, the court found, providing short-term loans totalling over $34m and charging over $70m in fees to more than 100,000 consumers ...

CNBC Select will update as changes are made public. Refinancing high-interest student loans, however, allows borrowers the chance to score a lower interest rate on their loans, thereby reducing ...

Kiah Treece is a small business owner and personal finance expert with experience in loans, business and personal finance, insurance and real estate. Her focus is on demystifying debt to help ...