Japan's biggest consumer lender Takefuji files for bankruptcy

0 CommentsPrint E-mail Xinhua, September 29, 2010
Adjust font size:

A pedestrian passes in front of an outlet of consumer credit company Takefuji Corp. in Tokyo on September 28, 2010. Japan's once high-flying consumer credit firm Takefuji Corp. will file for bankruptcy protection with liabilities of five billion USD, a credit research company said on September 27. Takefuji, which calls itself a "yen shop", is burdened with claims by customers for refunds of excessive interest charges since the Supreme Court in 2006 entitled borrowers to do so, Tokyo Shoko Research said. [Xinhua/AFP]



   Previous   1   2   3   Next  


Print E-mail Bookmark and Share

Go to Forum >>0 Comments

No comments.

Add your comments...

  • User Name Required
  • Your Comment
  • Racist, abusive and off-topic comments may be removed by the moderator.
Send your storiesGet more from China.org.cnMobileRSSNewsletter