The company has been banned from servicing federal student loans and must pay $100 million to harmed borrowers, as well as a $20 million penalty.
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Prosecutors allege that the network issued over VNĐ1.6 trillion (US$64 million) in loans to about 121,000 borrowers between January 2019 and May 2022, reaping illegal profits of more than VNĐ700 billion ($28 million).
The company has been banned from servicing federal student loans and must pay $100 million to harmed borrowers, as well as a $20 million penalty.
An erstwhile Foreign Affairs Minister, Bolaji Akinyemi, on Sunday, warned President Bola Tinubu not to get carried away by free access to loans from...
An erstwhile Foreign Affairs Minister, Bolaji Akinyemi, on Sunday, warned President Bola Tinubu not to get carried away by free access to loans from...
Novaland, with US dollar loans amounting to over VNĐ17.9 trillion (US$721 million), suffered exchange rate losses of VNĐ834 billion in the first...
Novaland, with US dollar loans amounting to over VNĐ17.9 trillion (US$721 million), suffered exchange rate losses of VNĐ834 billion in the first...
Pag-IBIG Fund disbursed P77.33 billion in home loans from January to August this year, reflecting an increase of P383 million compared to the P76.94...
Pag-IBIG Fund disbursed P77.33 billion in home loans from January to August this year, reflecting an increase of P383 million compared to the P76.94...
A Republican-appointed U.S. federal judge in Georgia raised eyebrows and objections Thursday after taking what observers called the "unprecedented"...
A Republican-appointed U.S. federal judge in Georgia raised eyebrows and objections Thursday after taking what observers called the "unprecedented"...
THE HAGUE, Netherlands—The Dutch data protection watchdog on Tuesday issued facial recognition startup Clearview AI with a fine of €30.5 million...