When I asked for money, the younger brother refused to pay the interest as committed, saying: “It is illegal for you to lend at an interest rate of 36%/year, now if you agree, I will pay the principal and cancel the debt, if not, I will not pay”.
More than a year ago, my younger brother asked me to borrow 600 million VND to invest in securities. At that time, I shared that I really had money, but to invest in real estate, every year the profit was from 24% to 30%, so I could not lend.
However, she begged and offered an interest rate of 36%/year, so I agreed (both sides wrote a handwritten note about this loan). Last week, it was due but she refused to pay interest and “turned around”.
Can I claim the above debt and interest now?
Readers Thanh Hoang
at Blogtuan.info – Source: vnexpress.net – Read the original article here