Thursday, November 28, 2024

Unfair interest

Supreme Leader Nanobana Kinako is furious about the utterly disgusting and unfair interest rules by the Jed that even a small value of ₱500 still has an interest, the most disappointing part is the interest is 60% which is way above the fair interest percentage of 10%, which was a normal occurrence at the early years of Glodelania. The explanation of this is that the interest rate was abused and corrupted by Steven Morallos at his arrival on August 8, 2018. The disgusting fact is that the corruption on the interest rules is beyond repair and a permanent damage. Interest rules has remained a huge problem in Glodelania with no possible ways of fixing or ultimately abolishing it.

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