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Message: <blockquote data-quote="Mawathagama" data-source="post: 31312268" data-attributes="member: 557604">"Gini poli" comes under many guises. People's Bank used to give loans to teachers long ago, and I know that some teachers went to pay it all and close the loan after paying more than half. The interest itself was very high, much higher than of normal loans. When they wanted to pay it and close it before time the answer was that you still have to pay the whole thing. Because, they said, it was the interest that was paid earlier, the loan amount is still to be paid. Lol. That kind of dirty business is not done by private lenders. But the state owned bank did. So can we distinguish between "Gini poli Karaya" and "financial institution" ? No. It's just a name only.Small timers are called scammers, while big scammers are called banks.</blockquote>

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