Consumer lender Aiful Corp. suspended some operations at all of its nearly 1,900 outlets nationwide Monday in line with punishment meted out by the Financial Services Agency for illegal loan-collection tactics.
Five outlets found by the FSA to be using illegal practices will be barred from soliciting new customers and from lending for 20 to 25 days, while the remainder, including some 1,400 unmanned outlets, will be prohibited from such operations for three days.
All outlets may continue to accept repayments from customers.
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