CSE hits new high as ASPI goes over 15,000

nfof Monday, 23 December 2024 02:54 PM

Attention All-,CBSL to Monitor to regulate a law for Online loan providers as they Register under Pvt Ltd software companies with foreign connection and do financial business in large scale for years and lend money through web app on Exorbitant interest Rate of 35% to 65% per month, to avoid CBSL and Income Tax Dep ,Plus( if delay in due date another 10% per every 10days plus 2.2% daily Interest added to total Loan Dues to 250% ),such Loan Mafia companies are Fino.lk, Loanme.lk , Fastrupee.lk, , Cash X.lk , Lotus Loan.lk, onCredi.lk. Loan Plus.lk, and its a Daylight robbery of innocent customers hard earned monies and it’s a debt trap, as bank interest rate is less that 3% per month. CBSL should intervene and Bring a law to recover the Exorbitant interest Paid by innocent customers in the Past and to return the excess paid interest to customers from the below Online lenders.

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