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Cashberry - quick, convinient 24/7 online loans solution

CashBerry is a financial company, providing an online loan consultation service that is fully automated, disbursed within the day.

Loan term, days

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The conditions for applying for a loan at Cashberry

4 easy steps to register for a loan

Filling in the registration form
Provide a phone number and fill in personal information. Register and send request for a loan.
Getting approval and Signing an Agreement
The approval results will be anounce via phone call. Only need to log in to Personal account and sign an Agreement.
Receive money
After the application is approved, our partner will transfer the money to your account.
Make repayment to our partner according to the instructions.
with flexible terms at CashBerry
  • Term:
    Term: min 92 days, max 183 days
  • Loan limit:
    Loan limit: 100 000 - 5 000 000 VND
  • Interest rate:
    Interest rate: 10,95 - 14,6 %/per annum
Get loan
  • Term:
    Term: min 92 days, max 183 days
  • Loan limit:
    Loan limit: 100 000 - 5 000 000 VND
  • Interest rate:
    Interest rate: 10,95 - 14,6 %/per annum

When borrowing, if you are not equipped with sufficient knowledge, it is easy to fall into the situation of loan sharks that cannot be repaid. So, is there a way to best deal with this situation?

In recent years, loan sharking activities are becoming more and more complicated all over the country. Hiding shadows in many different forms, they cause many people to fall into ruin because of loan sharks that cannot be repaid . If so, is there any workaround for this situation?

For ay credit loan sharking or black , a problem not uncommon in modern life. Many people are getting rich from this profession, they take advantage of the ignorance and economic difficulties of the people and then organize loans with extremely high interest rates. 

Then, when the debtors could n't pay , they tried to annoy the people, threatened, and terrorized every day, leading to many serious cases, affecting the social order.

Therefore, equipping with knowledge to prevent and combat this form of loan is extremely necessary. Especially in the case of high-interest loans, what to do ? Let this article help you answer it!

What is loan sharking?

It can be understood that usury is a form of private credit that specializes in lending at high interest rates. You can recognize through the following signs:

- Not within the scope of activities of lawful credit institutions.

- Not following any provisions of the law on credit and banking activities.

- Has a very high interest rate compared to normal interest rates of credit institutions. If the bank is about 9% to 13% a year, then when participating in usury, the borrower usually has to bear an interest rate of 100% to 200% a year. Some places even go up to 300%/year.

- No need for collateral, simple loan procedures when you only need a photocopy of your household registration, identity card.

- Quick disbursement time, often without a clear contract.

Borrowing at interest, a painful problem of society

Borrowing at interest, a painful problem of society

Now, just walking on the street, you can see a series of loan flyers pasted in residential areas, markets, intersections, traffic light poles, etc. Accompanied by extremely attractive content such as: " Lending without collateral ", " Get money on the same day ", " A lot of money ", etc.

However, not only is it a cash loan, usury loan or a black credit loan, it can also be disguised in many different forms such as mortgage of property , mortgage of house, purchase of large value installment purchases. then sell them back.

Those who are economically difficult, ignorant or are gamblers will easily fall into this "sweet" trap.

Unpaid usury and its consequences

With such a high interest rate plus the mother's interest every day, many people after taking out a loan fell into a situation of usury and could not afford to pay . And once they do, they have to endure the physical and mental tortures of the debt collection activities of the lending institutions.

This horror grows exponentially day by day. The subjects of direct pressure are mainly those who have criminal records, criminal records, full body tattoos, dirty faces, etc. They also gather under the command of more thugs, aggressive and ready to act. everything to collect the debt.

Often, these people will come to the home to threaten, even beat, causing injury to the debtor. And of course, the debtor will be harassed continuously or directly to the person who comes to curse, threaten, throw paint or dirty substances into the gate, door, etc.

The acts of mental and physical terrorism, property destruction, illegal arrests, and appropriation of debtors' properties occur every day without anyone being able to stop them. In many cases, because they couldn't stand it, they had to sell their houses and choose to run away from their homes to hide.

This usury activity not only causes social disorder and insecurity among the people, but also has negative impacts on the banking system and national monetary security. Therefore, it is necessary to take strict measures to prevent and repel this extremely dangerous crime!

Many people are in crisis because of loan sharks that cannot be repaid

Many people are in crisis because of loan sharks that cannot be repaid

What to do when loan sharks can't pay ?

Loan sharks always make many people miserable. Just because of simple thoughts such as " I need it urgently, it's okay to borrow ", " I can pay this interest ", "The interest is really high but I can still pay it ",... that they rushed in regardless. . Then when the interest rate was beyond their ability to pay, being bothered again and again, they realized that they had fallen into the fire pit.

If you encounter this situation, first you should calm down to review your loan terms so far. Include the loan contract, the debit agreement, the payments and the interest rate applied to your loan.

Next, talk to the lender again and come up with a new repayment solution that is most suitable for both parties. It is best that you pay part of the debt in advance, the rest will be paid in installments according to the agreed time.

But if the lender still does not agree, continues to take excessive debt collection measures, you are entitled to file a lawsuit (only if it is confirmed that your loan interest rate exceeds 20%/year). request the Court to declare that interest part null and void.

To file a lawsuit, you need to prepare the following documents:

- Complaint petition. 

- Copy of loan contract, loan paper, etc.

- Certified copies of personal papers such as ID card/CCCD, passport, household registration book, etc. of the petitioner, the person with related interests and obligations.

- Other documents and evidences.

You can submit all documents directly to the competent Court, send them by post, or send them online electronically through the Court's Web Portal (if any). Once you have completed all the procedures, please wait until the Court evaluates and handles the requests.

Measures to avoid loan sharks

Once the loan shark is borrowed, it is very difficult to pay off the heavy loan . These organizations always have a way for your debt to pile up. Additional fees and interest "born" without your knowledge and they are entitled to claim. Because most agreements are oral or fake contracts do not show actual interest rates.

Borrowing can be completely avoided if you are fully equipped with knowledge

Borrowing can be completely avoided if you are fully equipped with knowledge

Therefore, in order to avoid the unfortunate consequences, deadlock due to debt , because of unpaid loan sharks , your best way is to be fully equipped with knowledge about loan interest rates as well as the following measures:

- The loan interest rate cannot exceed 20%/year, the average monthly rate will be 1,6666%.

- When detecting suspicious signs of a loan shark or black credit organization, immediately report it to the police in that ward for measures to prevent and handle.

- With loan advertisement leaflets pasted in public areas, if you see them, tear off or erase the phone number so that other people don't have to "fall into the trap".

- If the objects that lend money and mobilize capital are identified with signs of fraud, abuse of trust to appropriate assets, you need to actively report to the authorities for timely handling.

- Always be vigilant when borrowing or lending large amounts of money. Definitely have a close loan contract, learn carefully about their identity, economic conditions, and loan purposes. Do not be greedy before those who promise to pay unusually high interest rates, because they are sure to deceive you.

For those who are in financial difficulty, loans are considered their "saviour". However, it is necessary to choose reputable financial institutions to avoid falling into the interest rate trap and then being unable to pay.

For example, at CashBerry financial company , the annual loan interest rate only fluctuates in the range of 10.95 - 14.6%, reaching the safe standard as prescribed by law. To receive a loan up to 10,000,000 VND, you just need to leave your ID/CCCD information on website. CashBerry will base on your credit score to approve a loan, this usually takes only a few minutes.

In addition, CashBerry also supports a debt extension program, allowing you to pay late from 10 - 15 - 30 days. In particular, the way the fast online money lending service works 24/7. Anytime, anywhere you need, CashBerry will be right there. If you still have questions, please contact hotline 1900 63 83 85 or send a message to Fanpage CashBerry - Everyone's financial friend for the fastest response!  

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