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Unlawful Loans
(redirected from Unlawful Loan)

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Unlawful Loans
Any loan made in a way contrary to the legal framework of the jurisdiction in which it is made. In general, an unlawful loan refers to a loan with an interest rate that is too high or with insufficient disclosure by one of the parties. See also: Truth in Lending Act.
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He is also suspected of playing a role in extending a massive amount of unlawful loans to a group of companies in Tokyo.
Ex-head of Tokyo Shogin branch indicted over embezzlement by Japan Weekly Monitor
arrested on suspicion of extending unlawful loans to an ailing construction company.
Philippine inflation rate for July at 5.7 pc by Asian Economic News
E[acute accent]"At no time did the Company or the Board of Directors bring these unlawful loans to the attention of the shareholders for approval.
Letter from Stelios Haji-Ioannou to Stelmar Shipping Demands ... by Business Wire
 
 
 
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