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 ← Request #1414

01 high interest rates and repayment demands by Varks microfinance service exceeding the principal loan amount

Routing →

What the citizen said

«veranayel Varks bankayin carayutyan gorcuneutyunn irenk hima pahanjum en es paymanerum vjarel irenc tokosnern bayc kan martik ovker irenc vercrac gumaric arten mi kani angam shat tokos en vjarel»

What Lsum understood

high interest rates and repayment demands by Varks microfinance service exceeding the principal loan amount

Topic

Finance, banking, and insuranceInterests, fees, and penalties

Affected group

  • Borrowers / debtors — borrowers facing high interest rates from Varks microfinance service

Citizen wants

Review and regulate the interest demands of Varks microfinance service

Citizen proposed solution

Review the operations of Varks and provide a solution to the excessive interest rates

Locations

No location mentions.