These shylocks are robbing kenyans in broad daylight.How can they charge over 200% on loans even if the repayment period is long? who registered these thugs?

If they have not forced you (or anyone) to borrow & have disclosed the terms then do not complain AFTER the money is disbursed.

Hi,

Maybe you need to give us more details to access whether it is clear to the borrower at the point of borrowing that those are the terms.

Is the rate 200%pa or 16.6% pm.

Most Shylocks do 15% to 25% per month.

For starters i think they are illegal even banks cant recover interest on loans to amount more than the principle.The best place tp deal with them is the courts they cant win even if you signed the dotted line speaking from experience i took bank to courts and they opted for an out of court settlement.

if i were a shareholder at platinum i would pay the chief shylock a % commission for every coin above target; unlucky for me the mido glass is half empty below the dotted line