STOP MFI | "Aqshamat" has shut down
"Aqshamat" has shut down, leaving people with debt and damaged credit histories.
The story shared by one of our subscribers highlights the problem: borrowers were making payments on schedule, but the company suddenly closed its offices, disconnected its phone lines, and stopped accepting payments through terminals.
As a result, responsible customers accumulated overdue debt that they are unable to repay.
The regulator did not provide a clear answer on where payments should be made or how the situation should be resolved.
People’s credit histories are being damaged because of someone else’s negligence.
Who will be held accountable? Will the affected borrowers’ credit histories be corrected, or will the consequences fall entirely on ordinary people?
At the moment, we are trying to clarify all the details. We will share updates on any developments related to "Aqshamat".
