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 ← Request #2430

01 borrower struggles with endless loan extension fees at Varks.am, requesting principal write-off or restructuring

Routing →

What the citizen said

«Varks.am հարցով մի բան արեք խնդրում եմ թող զրոյացնեն վարկերի մայր գումարները քանի որ այնքան ենք երկարացումներ արել որ մայր գումարից շատ շատ ավել ենք փակում»

What Lsum understood

borrower struggles with endless loan extension fees at Varks.am, requesting principal write-off or restructuring

Topic

Finance, banking, and insuranceLoan repayment

Affected group

  • Borrowers / debtors — borrowers with outstanding microloans facing high extension fees

Citizen wants

Zero out the principal loan amounts or restructure the loans to allow simultaneous repayment of both interest and principal.

Citizen proposed solution

Zero out the principal loan amounts, or change the repayment model to match standard banks where payments cover both interest and principal instead of endless extension fees.

Locations

No location mentions.