Non Bank Loans less than 100million VND

I am not sure about loans, but my girlfriend told me she was going to "invest" 50million. Then she told me she will get paid 10% interest per month (5million), if my calculations are correct the annual interest rate is ~123% (no decimals missed). I think it is crazy talk. I am concerned because her brother wants to get her involved.

Now after seeing your post, I am thinking my girlfriend may be "investing" in non-bank loans. I have heard reference about these 10% loans, but I in no way can confirm. Last time I heard about these loans, it was a banker making loans outside the bank and he also requested "personal services" from the girl who wanted to borrow money.

You may want to step back and reevaluate the whole situation. 100million is not that much and usually could be borrowed from friends and family. For someone to go to a loan shark there is probably a reason. I would question what is that reason.

Be careful and best of luck.