Source: Guang Ming Daily

This year is a special year. Its the year of the fifa world cup! Loanshark are making use of this heatwave to make some quick money. The malaysia loanshark issued flyers offering ‘soccer specials’ with interest rate of 3%.

These flyers are distributed at shops and some homes. So whats wrong? They look just like normal worldcup schedule. Take a look at the top. You can see a line that says “15 day short term loan, 3%”.

Im just wondering, 15 days is so short. If i can manage to return such a loan in 15 days, why should i borrow? People usually borrow because they need time for pay for some other loan. 15 days? I think the loanshark will face a lot of non-payment!

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