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 ← Request #1039

01 high loan interest rates of 22-24% are unaffordable, citizen proposes capping maximum rates at 10%

Routing →

What the citizen said

«տրվող վարկերի տոկոսները շատ բարձր են(22-24%) նման աղքատ երկրի համար մաքսիմալ տոկոսադրույքը պետքա լինի 10%»

What Lsum understood

high loan interest rates of 22-24% are unaffordable, citizen proposes capping maximum rates at 10%

Topic

Finance, banking, and insuranceInterests, fees, and penalties

Affected group

  • Borrowers / debtors — borrowers facing high interest rates on loans

Citizen wants

Reduce interest rates on loans in the country

Citizen proposed solution

Cap the maximum loan interest rate at 10%

Locations

No location mentions.