Kamchybek Tashiev instructed to check all pawnshops

Яна Орехова Society
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According to Kamchybek Tashiev, who is the Deputy Head of the Cabinet of Ministers and the Chairman of the State Committee for National Security, pawnshop loans should not exceed 30%. This is the maximum rate, including all additional charges.

He emphasized that many pawnshops inflate the interest rates to 40, 50, 60, and even 100%, which is a violation of the law. "It is necessary to hold accountable all pawnshops that do not comply with the legislation on usury," Tashiev stated and instructed to conduct an inspection with the participation of employees from the State Tax Service and the National Bank.

Tashiev also noted that if the interest exceeds 30%, the funds should be returned to the owners. "Why should we tolerate this lawlessness when people are left without their homes and cars? We are here to protect the interests of our citizens," he concluded.
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