Tag Archives: Unfair

KAMPALA – A concerned borrower has petitioned the Minister of Finance, Hon. Matia Kasaija, accusing Fincredit Uganda Ltd of predatory lending practices that exploit desperate car owners through disguised sales agreements and exorbitant interest rates. In a detailed letter dated September 22, 2025, the borrower (names withheld) alleged that Fincredit and other logbook lenders are violating the government’s interest cap …

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